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Tether is meant to be 'tethered' to the value of the US dollar.

Everything you need to know about Tether, the cryptocurrency academics claim was used to manipulate bitcoin

Tether is in the frame again after a paper from the University of Texas at Austin claiming it was used to manipulate the price of bitcoin.
Bitcoin price on June 13.

Bitcoin is slipping after a study found signs its 2017 bull run was driven by market manipulation

Academics at the University of Texas on Wednesday published a paper concluding that the US-pegged cryptocurrency Tether had influenced the price of bitcoin.

This woman made a business out of hooking up cryptocurrency holders with yachts and $4 million cars — now she’s launching a currency named...

Elizabeth White trades cryptocurrencies in for luxury cars. Now, she's launching a "stable coin" to facilitate even bigger deals.

A controversial cryptocurrency is exploding as traders look for safety away from bitcoin’s wild swings

Bitcoin trades paired against Tether's USDT, a stable-coin, now make up 14% of bitcoin trading volumes.

Bitcoin briefly drops below $9,000

Recent falls are largely down to market fears after reports that cryptocurrency exchanges Bitfinex and Tether being subpoenaed by US regulators in December.

Cryptocurrency exchange Bitfinex reportedly subpoenaed by top regulator

Both Bitfinex and Tether, which share a CEO, have been accused of fraudulent behavior.
Tether's website.

Tether, the troubled cryptocurrency hit by a $31 million hack, has split with its auditors

The relationship with Friedman LLP "dissolved" due to the auditors' "excruciatingly detailed procedures," Tether said in a statement.
Tether's website.

Cryptocurrency Tether, hit by a $31 million hack, calls criticism ‘uninformed and baseless’

The hack led to speculation online and in the press that Tether did not hold the dollar reserves it claims are backing its cryptocurrency.
Men wearing masks of characters from the Sony video game "Payday: The Heist" pose for a photo during the Electronic Entertainment Expo or E3 in Los Angeles June 7, 2011.

Bitcoin and Ethereum fall after a $31 million crypto heist

Tether, the US company behind a cryptocurrency pegged to the dollar, on Tuesday said $31 million had been taken from its main wallet on Sunday.