All you need to know about tether, the cryptocurrency that could have 'devastating' effects on the market
Cryptocurrency markets took a hammering Friday and have been on rocky ground over the past month.
One key reason behind this is related to another cryptocurrency called tether and allegations that the people behind it are using tether to prop up the bitcoin market.
Fears are rife that any collapse in tether could have huge ramifications for the bitcoin market.
CNBC explains the story.