The New York Attorney General's office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.

By Nikhilesh DeSep 9, 2020

Markets

First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

By Bradley Keoun, William Foxley, Omkar GodboleSep 4, 2020

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

Policy

Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit

Lawyers for Tether and Bitfinex parent iFinex have said a class action accusing them of market manipulation relies on unfounded allegations.

By Paddy BakerSep 4, 2020

Markets

New Crypto Derivatives Let You Bet on (or Against) Tether's Solvency

Credit default swaps (of “The Big Short” infamy) have come to the Ethereum blockchain. Opium Exchange says they can help crypto investors manage risk.

By William FoxleySep 3, 2020

Finance

FATF Compliance Effort Adds Huobi, Bitfinex and Tether to Governance Task Force

Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering platform as the sector ramps up FATF compliance efforts.

By Ian AllisonSep 2, 2020