Market report (Wed, Sept 12th, 2018): Bad news covered the market

The dark clouds seem not to be fading away on cryptocurrencies.

Strange case of Tether: Hiring law firm for auditing

Finally, Tether had made some efforts to prove their transparency, but investors still does not trust them

Tether still creates more tokens despite the SEC's subpoenas

On May 18th, Tether continued to mint 250 mln tokens without any public audit result to prove it has enough money to cover 2.5 bln tokens

How did Bitfinex and Tether manipulate cryptocurrency market?

Bitfinex, the world's fifth largest cryptocurrency exchange on daily trading volume, became hand in hand with Tether, an ambitious Stablecoin, to rule the virtual world