Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars

Tether Ltd., which issues a stable coin allegedly tied to U.S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its crypto…

Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation

A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation.
The news couldn’t come at …

Penta (PNT) Token Trading Begins on Huobi Crypto Exchange (BTC & ETH Pairs)

Penta (PNT) Launches On Huobi Platform
Yet another launching by the Singaporean company Huobi, which is a very famous company known for its international multi-language digital currency and it shares a trading platform and exchange. The headquarters i…

Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation

A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation.
The news couldn’t come at a …

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