Tether Mistakenly Printed $5 Billion Worth of USDT

Tether accidentally printed $5 billion of its fiat-pegged USDT because of human error.

Metropolitan Bank Maintains Tether’s Account for 5 Months Before Closing It Down

Metropolitan Commercial Bank held accounts for stablecoin issuer Tether and associated firms for five months before closing them down, a spokesperson said.

Kakao Claims Klaytn Network Is 15 Times Faster Than Ethereum

It takes Klaytn only one second to mine a block, whereas it takes ethereum around 15 seconds, said Klaytn developer and Kakao subsidiary Ground X.

eToro Adds Support for 120 ERC-20 Standard Tokens

First to be supported are OmiseGO (OMG), Basic Attention Token (BAT), Maker (MKR), with the others to be added soon.

Bitfinex Starts Repaying $700 Million Loan from Tether

Bitfinex announced the first payment on Tuesday after transferring $100 million from its account to Tether’s.

Dutch Regulators Aim to Stop Illicit Crypto Behavior

The Netherlands is looking to prevent the use of crypto for illicit purposes.

Ether and Bitcoin Trade at Large Premium Across South Korean Exchanges

Bitcoin and Ether are currently trading at a large premium on South Korean exchanges.

tZERO Launches New Wallet that Allows Users to Trade Bitcoin and Ethereum

tZERO has introduced a new app that combines a digital wallet with exchange services.

BlockState Plans Trade of Ethereum Tokens on Swiss Stock Exchange

Swiss security token firm BlockState plans to “passport” half a dozen ERC-20 tokens from ethereum to R3’s private distributed ledger technology (DLT) platform Corda.

Polkadot Blockchain Interoperability Project Closes ICO at $1.2B Valuation

The foundation revealed that the 500,000 DOT tokens sold were sold at the project’s targeted valuation of $1.2 billion.

Oxfam Trials DAI Stablecoin as Replacement for Cash Aid

The nonprofit had recently spent a month testing MakerDAO’s DAI stablecoin as a relief vehicle in a pilot project conducted in the South Pacific Ocean nation of Vanuatu.

Ethereum’s Istanbul Upgrade Gets Two New Improvement Proposals

EIP 2024 and EIP 1702 were chosen from nearly 30 EIPs reviewed by ethereum developers during their bi-weekly call on June 21.

Cloudflare Announces Free Ethereum Gateway

Cloudflare is offering the new service free of charge.

Ethereum-Based Decentralized Video Platform Raises $8M

Ethereum-based decentralized video platform Livepeer has secured $8 million.

European Payment App 2gether Adds Dash to List of Supported Tokens

European payment app 2gether is adding dash to its roster of supported tokens.