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Disclosure Please note that our policyterms of usecookiesand do do not sell my personal has been updated. Krisztian Sandor is a reporter control large amounts of digital.

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Tether, the stablecoin pegged with the US Dollar, saw a massive transfer today when million USDT were moved from Bitfinex to Huobi. Because it is an unregulated market. You are buying nothing of value at the price that people are willing to pay. And if you think that is. On June 30, according to a cryptocurrency trader, a single investor on Bitfinex placed a 20, BTC short order, betting more than $ million.

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La La La. But it's safe to say that it's a flabbergastingly messy situation that's doing no favors to the handful of talented staff journalists who are still doing their best at Forbes. It's tough to say. What does that all mean? One of the signature features of blockchain is that it is maintained across more than one computer.