University of Texas Study Links Tether To Bitcoin Price Manipulation

On Monday, researchers from the University of Texas at Austin published a study indicating that Tether was used to unduly influence bitcoin’s 2017 ascent. Their paper seems to confirm what many have believed for months, if not years, that cryptocurrency markets are susceptible to manipulation.

Cryptocurrencies Operate on ‘Fraudulent’ Business Model: Hotmail Founder

Cryptocurrencies Operate on ‘Fraudulent’ Business Model: Hotmail FounderProponents of cryptocurrency often argue that this technology will have an impact on the world that is comparable to that of the internet, but one of that revolution’s most successful entrepreneurs has cast shade on that bullish prediction. Speaking with regional media outlet Arabian Business, Sabeer Bhatia —

Bitcoin Futures Could Spur Bank Ratings Downgrades

Bitcoin Futures Could Spur Bank Ratings DowngradesRating agencies may downgrade banks that clear bitcoin futures if these financial products continue to see increasing volumes over the coming months. Financial publication Risk.net reports that each of the three large rating agencies — Standard and Poor’s, Moody’s, and Fitch — have expressed concern over increasing volume in