Tether in trouble
1) Tether trouble: millions of USDT exit Bitfinex, stablecoin falls below $0.90
Bitfinex had a rough week: a pseudonymous author claimed they were “insolvent,” millions of tethers (USDT) were seen exiting Bitfinex, fiat deposits and withdrawals were frozen, and the trade value of USDT fell below 90 cents. The value of USDT has been stabilizing since and …