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Tether Deny Bitcoin Bull Run Manipulation
tether

Tether Deny Bitcoin Bull Run Manipulation

Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.

Tether CTO: Moving DeFi forward in Asia
tether

Tether CTO: Moving DeFi forward in Asia

Paolo Ardoino, CTO of Tether gives his take on the Decentralized Finance DEFI Ecosystem in Asia standing on the cusp of a global digital banking revolution.

Tether Launches Stablecoin Backed by Offshore Chinese Yuan
tether

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit
tether

Bitfinex and Tether Face Market Manipulation Class Action Lawsuit

Roche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.

Tether Plans to Issue Stablecoin Backed by Chinese Yuan
tether

Tether Plans to Issue Stablecoin Backed by Chinese Yuan

Tether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.

Paxos—Regulated and Rising above Trustless Tether and Lost Libra
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Paxos—Regulated and Rising above Trustless Tether and Lost Libra

In this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain
tether

$100 Million of Tether Swapped from Tron Network to Ethereum Blockchain

$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
tether

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless
tether

Bitfinex and Tether Claim Lawsuit Allegations of Market Manipulation are Baseless

BitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues
tether

Bitfinex Integrates Tether Stablecoin into the OMG Network as Ethereum Network Faces Congestion Issues

Bitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether
tether

US Court to Determine Which Law Firm Should Lead Classic Action Against Tether

Tether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.

Binance Coin Unseats Tether to Become The Third-Largest Crypto As it Soars To a New All-Time High
tether

Binance Coin Unseats Tether to Become The Third-Largest Crypto As it Soars To a New All-Time High

Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has just unseated Tether (USDT) as the third-largest crypto by market cap.

Crypto Whales Taking Wait-and-See Approach
tether

Crypto Whales Taking Wait-and-See Approach

Based on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.

Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
tether

Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks

Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.

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.

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering
tether

Hong Kong Customs Arrests Four Men in Alleged $155M Crypto Laundering

Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution
tether

Tether, TON Foundation, and Oobit Join Forces for Seamless Crypto-Payment Solution

Tether Operations Limited, Oobit, and TON Foundation collaborate to revolutionize crypto payments, offering a seamless transaction experience.

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion
tether

Tether Invests $18.75M in XREX Group to Enhance Financial Inclusion

Tether invests $18.75M in XREX Group to drive financial inclusion in emerging markets.

Tether Launches Alloy: A Digital Asset Backed by Tether Gold (XAU₮)
tether

Tether Launches Alloy: A Digital Asset Backed by Tether Gold (XAU₮)

Tether introduces Alloy, a new digital asset backed by Tether Gold (XAU₮), offering stability and security in the digital economy.

Bitfinex First to List aUSDT, a Gold-Backed Tether Asset
tether

Bitfinex First to List aUSDT, a Gold-Backed Tether Asset

Bitfinex becomes the first exchange to list aUSDT, a gold-backed tethered asset by Tether, enhancing stability in the cryptocurrency market.

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset
tether

Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset

Bitfinex unveils aUSDT, a digital asset combining the stability of gold with Web3 functionalities, backed by Tether Gold (XAUt).

Binance Integrates Tether (USDT) with Toncoin Network, Enables Deposits and Withdrawals
tether

Binance Integrates Tether (USDT) with Toncoin Network, Enables Deposits and Withdrawals

Binance has integrated Tether (USDT) on the Toncoin Network, opening deposits and withdrawals, according to Binance.

Tether (USDT) Collaborates with Taipei Tech to Advance Blockchain Education
tether

Tether (USDT) Collaborates with Taipei Tech to Advance Blockchain Education

Tether teams up with National Taipei University of Technology to enhance blockchain and digital asset education, aiming to equip students with vital skills.

Tether Taps BDO Global for Attestation of Reserve
tether

Tether Taps BDO Global for Attestation of Reserve

Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes

Tether Says Will Not Block Tornado Cash until it is Directed by Authorities
tether

Tether Says Will Not Block Tornado Cash until it is Directed by Authorities

Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
tether

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Tether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.

Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request
tether

Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request

Tether has reaffirmed its commitment to transparency and announced its completion of reporting obligations to the New York Attorney General's Office. Under the terms of its 2021 settlement, Tether fulfilled its quarterly reporting requirements for a period of two years.

Tether and INHOPE Join Forces to Fight Child Abuse Material Online
tether

Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain
tether

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain

Tether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.

FTX Continues to Move Funds Amid Ongoing Investigations
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FTX Continues to Move Funds Amid Ongoing Investigations

Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.

JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
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JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks

JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.

Tether Ordered by New York Judge to Document USDT Backing
tether

Tether Ordered by New York Judge to Document USDT Backing

The presiding judge ordered Tether to provide evidence of the USDT backing of its reserves at the time. The company is required to provide financial documents to the court.

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio
tether

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Tether has recruited a Wall Street company to handle its Treasury holdings.

Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
tether

Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper

Tether said it has increased its investments in US Treasury bills backing its $68 billion stablecoin.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
tether

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

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

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 Floats Mexican Pesos-based Stablecoin in Latin America
tether

Tether Floats Mexican Pesos-based Stablecoin in Latin America

Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
tether

Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses

Tether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.

Bloomberg’s Damning Report on Tether Receives Response from the Stablecoin Issuer
tether

Bloomberg’s Damning Report on Tether Receives Response from the Stablecoin Issuer

Where is Tether keeping its stablecoin reserve? A Bloomberg reporter has asked this and many more questions. Tether fires back as the allegations are made.

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

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.

Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?
tether

Stablecoin On-Chain Activity at Record Highs but Will Crypto Market Inflation Follow?

On-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay
tether

Tether Ventures into Sustainable Energy Production and Bitcoin Mining in Renewable-Rich Uruguay

Tether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay.

Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments
tether

Swiss City Lugano Partners with Tether to Adopt Crypto Tax Payments

The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies.

Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?
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Legitimacy of SEC Clampdown on XRP Cryptocurrency Questioned by TechCrunch, but will Tether be Next?

The founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP.

Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal
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Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal

Tether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector.

US Draft Bill Proposes Framework for Stablecoins
tether

US Draft Bill Proposes Framework for Stablecoins

A new draft bill has been published in the United States proposing a regulatory framework for stablecoins. The bill would put the Federal Reserve in charge of non-bank stablecoin issuers, such as Tether and Circle. Insured depository institutions seeking to issue stablecoins would fall under federal banking agency supervision. The bill also includes a ban on issuing stablecoins not backed by tangible assets and proposes a study on "endogenously collateralized stablecoins."

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 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.

Stablecoins Wallet Addresses Records 12m with Holding at Least $1m
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Stablecoins Wallet Addresses Records 12m with Holding at Least $1m

According to data from CoinMetrics, the total number of wallet addresses holding at least $1 million has topped 12 million.

Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC
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Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC

Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).

Here is Why Tether Blacklisted Five TRON Addresses
tether

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.

DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple
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DOJ's Crypto Regulation Report Overview: Bitcoin, Tether, Ether, Litecoin, and Ripple

US authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.

Tether Denies Receiving Any Loans From Celsius
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Tether Denies Receiving Any Loans From Celsius

Tether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report.

Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency
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Myanmar's Shadow Political Entity Adopts USDT as its Primary Currency

Myanmar’s shadow political entity, the National Unity Government (NUG), has reportedly adopted the Tether (USDT) stablecoin as its primary currency to bypass the sanction from the military regime.

Ruble-Crypto Trading Soars amid Western Sanctions on Russia
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Ruble-Crypto Trading Soars amid Western Sanctions on Russia

Trading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.

Tether Eliminates All Commercial Paper Holdings to Zero
tether

Tether Eliminates All Commercial Paper Holdings to Zero

Tether has cut down all commercial paper exposure from its reserves. The firm said the move is part of its ongoing efforts to increase transparency.

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal
tether

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal

The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.

Bitfinex and Tether's Appeal Rejected by New York Judge
tether

Bitfinex and Tether's Appeal Rejected by New York Judge

Judge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.

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

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 USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom
tether

Tether USD₮ Sets New Record Cementing Its Status as the Top Stablecoin for Global Financial Freedom

Tether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022.

Hindenburg Research Hunts $1M Bounty for Information on Tether's Dollar Reserve
tether

Hindenburg Research Hunts $1M Bounty for Information on Tether's Dollar Reserve

Hindenburg Research is offering a $1 million bounty to anyone that can provide information about Tether’s stablecoin reserves.

Tether Says No Chinese Commercial Papers Holding on its Reserve
tether

Tether Says No Chinese Commercial Papers Holding on its Reserve

Tether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.

Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard
tether

Tether CTO Asserts $XAUT as the Digital Resurgence of the Gold Standard

Paolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.

Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation
tether

Argentinians Seek Shelter in Stablecoins after Economy Minister Resignation

Argentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.

Tron DAO to Purchase 1 billion USDT to Combat Short Sellers
tether

Tron DAO to Purchase 1 billion USDT to Combat Short Sellers

The Tron Dao reserve is now set to purchase 1 billion USDT to combat short sellers and bring the stablecoin USDT back to its normal price.

Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation
tether

Poloniex and Bittrex Added to Ongoing Class-Action Lawsuit Facing Tether and Bitfinex Over Bitcoin Price Manipulation

Two US cryptocurrency exchanges Bittrex and Poloniex have been added to a class-action lawsuit that alleges billions of unbacked Tether stablecoin were used to manipulate Bitcoin prices. The two US exchanges have been added as defendants in an ongoing lawsuit against Tether and Bitfinex. Poloniex and Bittrex have been summoned to appear to the court because of their alleged involvement in the manipulation of Bitcoin price during the bull run in 2017.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
tether

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion
tether

Tether Tokens (USDt) Community and Utility Pushes Market Cap Over $20 Billion

Tether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means
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USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

Bitfinex Launches P2P Video Chat App Keet alongside Tether
tether

Bitfinex Launches P2P Video Chat App Keet alongside Tether

Blockchain startups Bitfinex and Tether have launched a P2P video calling application dubbed Keet, enabling users to access applications and enjoy the freedom of speech.

Is USDC’s Value Posed to Surpass that of USDT This Year?
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Is USDC’s Value Posed to Surpass that of USDT This Year?

As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.

"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says
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"Buckle Up" For Bitcoin's Next Bull Run, Cameron Winklevoss Says

Gemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019
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Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Tether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation
tether

US Files Lawsuit to Recover Cryptocurrency Accounts Linked to North Korean Hacking Operation

The US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.

$1 Million in USDT Refunded After DeFi Mistake
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$1 Million in USDT Refunded After DeFi Mistake

Tether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.

Tether Q2 2023: $72.5 Billion in US Treasuries Exposure with Profits Over $1 Billion
tether

Tether Q2 2023: $72.5 Billion in US Treasuries Exposure with Profits Over $1 Billion

Tether's Q2 2023 report reveals $72.5B in US Treasuries exposure and profits over $1B, affirming financial stability.

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.

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
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Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

Cryptocurrency Firms Deny Exposure to Troubled US Banks
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Cryptocurrency Firms Deny Exposure to Troubled US Banks

Major cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system.

Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up
tether

Bitfinex Permitted to Withhold Documents About Alleged $850 Million Cover-up

The Appellate Division of the New York Supreme Court has ruled that Bitfinex is legally allowed to withhold documents pertaining to the alleged cover-up of an $850 million loss on its trading platform.

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.

The Financial Stability Board (FSB) is pushing for international regulations
tether

The Financial Stability Board (FSB) is pushing for international regulations

Global standard-setting organisations are helping the Financial Stability Board evaluate DeFi legislation in numerous countries.

Tether Has Enough Reserve for its Issued Tokens, Audit Firm Says
tether

Tether Has Enough Reserve for its Issued Tokens, Audit Firm Says

Moore Cayman, an Independent Auditor has validated that Tether Holdings has enough reserve cash for its issued stablecoin of the USDT.

Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
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Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions

Bitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.

Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume
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Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume

Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign
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Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

Presidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report
tether

US DOJ Revises Probe into Tether Regarding Bank Fraud - Report

According to a Bloomberg report, the DOJ has reopened a probe into Tether to see if it violated US banking laws

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

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.

CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO
tether

CBDCs Will Not Change the Role of Stablecoins, Says Tether CTO

The subject of CBDCs has garnered a lot of thoughts from experts in the cryptocurrency ecosystem; one of them is Tether CTO Paolo Ardoino.

Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption
tether

Tether's Plan ₿ Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited
tether

Just four men controlled 86% of stablecoin issuer Tether Holdings Limited

The Wall Street Journal reported that four persons owned 86% of Tether Holdings Limited in 2018.

China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
tether

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.

Understanding the Profound Impact of Stablecoins on Traditional Finance
tether

Understanding the Profound Impact of Stablecoins on Traditional Finance

Stablecoin is a compromise on absolute money issuance power and the adoption of disruptive blockchain technology. Stablecoin will have a profound impact on the infrastructure of future financial systems.

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network
tether

Tether's Blockchain Ecosystem Continues to Grow with USDT Launch on Bitcoin Cash Network

Tether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.

Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings
tether

Tether Aims to Render More Transparency by Slashing Commercial Paper Holdings

Based on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July.

Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
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Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products

Tether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
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Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate
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Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate

Boyaa Interactive plans to invest $100 million in cryptocurrencies, focusing on Bitcoin, Ether, and stablecoins, while ensuring secure platforms in the volatile crypto market.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
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Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

Chinese Court Reaffirms Stablecoins are Not Legal Tender
tether

Chinese Court Reaffirms Stablecoins are Not Legal Tender

It is already about a year since China banned transactions involving digital currency transactions, and a Chaoyang Court in Beijing has further reiterated that cryptocurrencies are not legal tender.

Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool
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Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool

Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion
tether

Tether’s Market Cap Surges By $1 Billion in Just 9 Days to Hit $19 Billion

The market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool
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Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions

USDC issuer Circle releases accountant-verified report
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USDC issuer Circle releases accountant-verified report

Circle's newest reserve report shows $44.5 billion USDC stablecoin assets.

Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading
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Bitfinex: The Crisis Tested Liquid Exchange King for Bitcoin and Ethereum Trading

During the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.

Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io
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Tether Amplifies Cryptocurrency Presence in Georgia: Invests in Payment Processor CityPay.io

Tether Operations Limited (USDT issuer), the driving force behind the highly adopted stablecoin blockchain platform tether.to, has magnified its presence in Georgia's cryptocurrency landscape through a strategic investment in CityPay.io.

Tether Executives Placed Under Investigation Radar By US DOJ Over Bank Fraud
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Tether Executives Placed Under Investigation Radar By US DOJ Over Bank Fraud

Tether Executives and the firm are up for probe by the US department of justice on accounts of bank fraud

OKEx Allows Traders to Purchase Tether through Brazilian Reals via PIX
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OKEx Allows Traders to Purchase Tether through Brazilian Reals via PIX

OKEx exchange officially announced establishing a strategic partnership with CuboPay, a local payment processor in Brazil. Exchange users are now allowed to use Brazilian real through PIX in exchange for Tether purchases.

Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes
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Bit.com Rolls Out USD Perpetual Trading for Diversification Purposes

To eliminate overreliance on a single type of stablecoin, Seychelles-based crypto exchange @Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs.

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply
tether

Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

Recent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over
tether

Bitcoin Rallies As Tether FUD Clears and Square Reveals $170 M Purchase, But BTC Downtrend Not Over

The Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge
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Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto
tether

Justin Sun Tweets Tron just Issued $1.3 Billion in Tether, Here's What it Means for Crypto

While the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.

Tether's Development Team Nears Completion of Advanced Mining Libraries
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Tether's Development Team Nears Completion of Advanced Mining Libraries

Tether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.

USDT Tokens Now Live on the Polkadot Network
tether

USDT Tokens Now Live on the Polkadot Network

Tether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network

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.

Tether Completes Reserves Attestation by Major Global Accounting Firm
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Tether Completes Reserves Attestation by Major Global Accounting Firm

BDO, a global accounting company, has attested Tether's reserves.

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

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.

Tether to Launch GBPT in July, Pegged to British Pound Sterling
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Tether to Launch GBPT in July, Pegged to British Pound Sterling

Stablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (GBPT) pegged to the British Pound Sterling in early July.

Tether Regains $1 Peg
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Tether Regains $1 Peg

Tether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain
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Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.

Tether Launches USDT on Kava Blockchain
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Tether Launches USDT on Kava Blockchain

Tether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.

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.

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