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Tether News | Blockchain.News

TETHER

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create stable digital cash.

Tether Invests in CityPay.io to Enhance Payment Solutions in Eastern Europe
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Tether Invests in CityPay.io to Enhance Payment Solutions in Eastern Europe

Tether Operations Limited has invested in CityPay.io, a payment processing company in Georgia, to accelerate cryptocurrency adoption and introduce advanced technologies. The strategic partnership aims to provide seamless payment experiences for customers and businesses, with a projected user base of 400,000. Tether's CEO, Paolo Ardoino, is excited about the partnership.

U.S. Seizes $1.4M in Tether Linked to Tech Support Scam Targeting Elderly
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U.S. Seizes $1.4M in Tether Linked to Tech Support Scam Targeting Elderly

The U.S. Attorney's Office in Chicago has seized approximately $1.4 million in Tether (USDT) linked to an alleged tech support scam that primarily targeted elderly victims across the United States.

Tether Advances Global Blockchain Ambitions with Uzbekistan Partnership
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Tether Advances Global Blockchain Ambitions with Uzbekistan Partnership

Tether partners with Uzbekistan's NAPP to develop blockchain and peer-to-peer telecommunication, aiming to fuel innovation and economic growth.

Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection
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Tether Unveils Recovery Tool for Enhanced Blockchain Stability and User Asset Protection

Tether introduces a robust blockchain recovery plan to secure USDT tokens and ensure uninterrupted access across multiple blockchains.

Oobit Secures $25M in Series A Led byTether and CMCC Globa
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Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.

Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth
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Tether's Financial Triumph: Record $2.85B Q4 Profit and Strategic Asset Growth

Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
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Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.

North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace
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North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace

North Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK.

Here is Why Tether Blacklisted Five TRON Addresses
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Here is Why Tether Blacklisted Five TRON Addresses

Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.

Arthur Hayes: Major Banks to Challenge Tether's Stablecoin Dominance
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Arthur Hayes: Major Banks to Challenge Tether's Stablecoin Dominance

Major banks set to challenge Tether's stablecoin dominance, leveraging trust, compliance, and technology in a rapidly evolving market.

Tether Withdraws 8,888.88 Bitcoins from Bitfinex
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Tether Withdraws 8,888.88 Bitcoins from Bitfinex

Tether's recent withdrawal of 8,888.88 BTC from Bitfinex, resulting in a 10th place ranking among Bitcoin holders and a substantial profit, demonstrates its growing influence in the cryptocurrency market.

China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
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China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies

Chinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.

Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
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Tether's $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?

Tether's recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth.

Tether Implements Wallet-Freezing Policy Aligned with US Regulations
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Tether Implements Wallet-Freezing Policy Aligned with US Regulations

Tether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.

U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring
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U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring

The U.S. Justice Department successfully seizes $9M in crypto from a scam ring targeting over 70 victims, showcasing the government's commitment to combating cyber-enabled financial fraud.

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