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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.

$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.

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.

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.

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.

$1 Million in USDT Refunded After DeFi Mistake
tether

$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.

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

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.

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.

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 becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain
tether

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 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.”

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.

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools
tether

Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave's Lending Pools

The Tron founder Justin Sun has withdrawn a huge amount of liquidity from the DeFi protocol. The move is likely to have been triggered by the recent ban on addresses that received funds from Tornado cash.

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.

BitMEX Introduces Change of Mark Method for NOTUSDTK24
tether

BitMEX Introduces Change of Mark Method for NOTUSDTK24

BitMEX announces the change of Mark Method for NOTUSDTK24 to Fair Price marking.

BitMEX to List NOTUSDT Perpetual Swap with 10x Leverage
tether

BitMEX to List NOTUSDT Perpetual Swap with 10x Leverage

BitMEX announces the listing of NOTUSDT perpetual swap with up to 10x leverage, promising a new trading avenue for traders.

BitMEX Launches NOTUSDT Perpetual Swap with 10x Leverage
tether

BitMEX Launches NOTUSDT Perpetual Swap with 10x Leverage

BitMEX introduced NOTUSDT perpetual swap, offering up to 10x leverage to traders.

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR
tether

Binance Launches USDT Locked Products Offering an 8.23% Fixed APR

Binance Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.

IntoTheBlock Analyzes USDT Across Various Blockchain Deployments
tether

IntoTheBlock Analyzes USDT Across Various Blockchain Deployments

IntoTheBlock unveils a new dashboard that analyzes the use of USDT across different blockchain platforms.

Binance to Reward New Users with 15,000 USDT in Token Vouchers
tether

Binance to Reward New Users with 15,000 USDT in Token Vouchers

Binance offers 15,000 USDT in token vouchers for new users via 'Buy Crypto' feature.

Binance Introduces USDT/COP Spot Trading Pair with Algo Trading Bots
tether

Binance Introduces USDT/COP Spot Trading Pair with Algo Trading Bots

Binance expands trading options with USDT/COP pair and Algo Trading Bots.

Binance Introduces 6% APR USDT Locked Products
tether

Binance Introduces 6% APR USDT Locked Products

Binance launches USDT Locked Products with 6% APR.

OKX Introduces Simple Earn Fixed Product for Crypto Users
tether

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.

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.

BitMEX to List TAIKOUSDT (TAIKO/USDT) Perpetual Swap with 10x Leverage
tether

BitMEX to List TAIKOUSDT (TAIKO/USDT) Perpetual Swap with 10x Leverage

BitMEX announces the listing of TAIKOUSDT perpetual swap with up to 10x leverage.

BitMEX Updates Mark Method for TKOUSDTZ24 to Fair Price Marking
tether

BitMEX Updates Mark Method for TKOUSDTZ24 to Fair Price Marking

BitMEX transitions TKOUSDTZ24 to Fair Price marking from June 6, integrating a robust index.

BitMEX to Launch IOUSDT Perpetual Swap with Up to 10x Leverage
tether

BitMEX to Launch IOUSDT Perpetual Swap with Up to 10x Leverage

BitMEX announces IOUSDT perpetual swap listing with up to 10x leverage starting June 12, 2024.

BitMEX Lists New IOUSDT (IO/USDT) Perpetual Swap with 10x Leverage
tether

BitMEX Lists New IOUSDT (IO/USDT) Perpetual Swap with 10x Leverage

BitMEX introduces IOUSDT perpetual swap with up to 10x leverage.

Binance Futures Launches Grand Tournament with 3M USDT Prize Pool
tether

Binance Futures Launches Grand Tournament with 3M USDT Prize Pool

Binance Futures announces a Grand Tournament with up to 3M USDT in rewards, featuring team and solo competitions.

BitMEX Implements Fair Price Marking for IOUSDTM24 Contract
tether

BitMEX Implements Fair Price Marking for IOUSDTM24 Contract

BitMEX updates IOUSDTM24 contract to Fair Price marking as of June 12, 2024.

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

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
tether

Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach

Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.

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.

HDAO soared +1469% immediately after listing!
tether

HDAO soared +1469% immediately after listing!

Earlier, the most influential Hong Kong Digital Asset Exchange HKD.com launched its platform token HKD.com DAO (HDAO), sold out in 5 seconds.

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures
tether

Crypto Exchange Bit.com Rolls Out Savings Product and USDT Margined Futures

Bit.com, a Singapore-based crypto exchange owned by Matrixport, has launched a new savings product and USDT margined futures to diversify the cryptocurrency options offered.

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.

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer
tether

Shiba Inu Shibarium Introduces Wrapped BONE and Hosted Blockscout Explorer

Shibarium has 1 million wallets and near 1 million transactions. It launched a hosted Blockscout explorer and expanded its token bridge to include various tokens. The Wrapped BONE contract has been verified, and Shibarium plans to renounce the Bone contract.

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack
tether

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack

The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia.

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.

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
tether

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says

William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.

Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards
tether

Binance Launches Futures NEXT: Predict Token Listings and Earn Rewards

Binance introduces Futures NEXT, a platform allowing users to predict token listings on USD‚ìà-M Futures market and earn rewards through a unique Pick system and multiplier-based vouchers.

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions
tether

Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions

Wintermute criticizes Near Foundation and Aurora Labs for failing to fulfill USN redemption commitments, resulting in significant unredeemed funds. Seeking legal recourse and remaining adversarial if resolutions fail.

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.

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.

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know
tether

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.

Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards
tether

Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards

Binance is launching a new referral scheme targeting users in the Africa region, offering a reward pool of 17,500 USDT in token vouchers. The promotion runs from September 18 to October 2, 2023, and requires users to register and complete KYC within the promotion timeframe. The rewards will be distributed within 20 days post-promotion.

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

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
tether

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.

Binance Announces Successful Integration of Kava EVM
tether

Binance Announces Successful Integration of Kava EVM

Binance has completed the integration of Kava's Ethereum Virtual Machine (EVM), now supporting deposits and withdrawals for KAVA and USDT.

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace
tether

Over 115 Billion USDT Used in Southeast Asia's Illicit Activities in 2022: Revealed Bitrace

Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers.

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets
tether

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Binance P2P platform announces the implementation of a flat taker fee for USDT trading pairs across selected fiat markets, set to take effect by end of June 2024.

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.

Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority
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Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority

According to a recent report from the Brazilian Tax Authority (RFB), Brazil registered a hike in records of companies and institutions claiming to hold some cryptocurrencies.

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.

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.

$27M USDT Theft Linked to Binance Deployer Address
tether

$27M USDT Theft Linked to Binance Deployer Address

A 27 million USDT cryptocurrency theft, linked to Binance's deployer, has raised security concerns and highlighted the risks of cryptocurrency holdings and recovery challenges.

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.

Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022
tether

Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022

Binance is offering its customers another trading opportunity by launching football fan token index perpetual contracts. The new product is set to help users make the most of market conditions.

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme
tether

Chinese Authorities Crack Down on 54.8 Million USDT Money Laundering Scheme

Chinese authorities crack a major USDT-linked money laundering case, arresting 21 suspects and seizing over 1M yuan.

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.

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

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.

UAE's YallaMarket Now Accepts Crypto Payments
tether

UAE's YallaMarket Now Accepts Crypto Payments

YallaMarket, a grocery delivery startup in the United Arab Emirates, has announced it has started accepting crypto payments for its services.

Coinsfera Enables Users to Trade USDT in UAE through OTC
tether

Coinsfera Enables Users to Trade USDT in UAE through OTC

Coinsfera, the global OTC digital asset trading platform, announced that it enables users to trade stablecoin USDT in Dubai.

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

"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.

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.

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

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.

Following OSC Prohibition, Crypto.com Delists USDT For Canadians
tether

Following OSC Prohibition, Crypto.com Delists USDT For Canadians

Effective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.

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.

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance
tether

First Digital Group Launches New Stablecoin FDUSD to Revolutionize Global Finance

Asia's leading trust company and qualified custodian, First Digital, is making waves in the global financial ecosystem with the announcement of its new stablecoin, First Digital USD (FDUSD)

Binance Enhances Trading Options with New Pairs and Bot Services
tether

Binance Enhances Trading Options with New Pairs and Bot Services

Binance boosts its trading services with new spot trading pairs and trading bot services, expanding options and enhancing user experience. This includes pairs like MOVR/TRY, LDO/FDUSD, and more, with a focus on FDUSD and Turkish Lira pairs.

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.

OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT
tether

OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT

OKX, a global cryptocurrency exchange, has reported a $10.4 billion holding in primary assets like Bitcoin, Ethereum, and Tether, with 84% of respondents praising the exchange's transparency and reserve ratios.

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

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.

BlockFi Suspends Withdrawals Following FTX Crisis
tether

BlockFi Suspends Withdrawals Following FTX Crisis

Crypto lender BlockFi announced on Twitter that they have suspended withdrawals and normal business operations due to the lack of clarity around the current status of FTX.

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

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.

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

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
tether

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.

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage
tether

OKEx Launches USDT-Margined Futures Live Trading With Up To 100× Leverage

OKEx, the world's largest futures crypto exchange based in Malta, announced the launching of BTC/USDT margined trading on its futures platform with an enticing leverage rate of 0.01-100×. Following the fulfillment of their simulation which began on November 5, the margined futures trading was launched live on Nov. 14.

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

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

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.

April 21: Essential Oil No More
tether

April 21: Essential Oil No More

Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.

Breaking: PayPal Launches Stablecoin PYUSD
tether

Breaking: PayPal Launches Stablecoin PYUSD

PayPal has launched a U.S. dollar stablecoin, PayPal USD (PYUSD), backed by U.S. dollar deposits and Treasuries.

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

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 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.

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading
tether

Binance.US to Remove Certain Trading Pairs and Pause OTC Trading

Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.

Binance Replaces BUSD with TUSD and USDT in SAFU Fund
tether

Binance Replaces BUSD with TUSD and USDT in SAFU Fund

Cryptocurrency exchange Binance has replaced its Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT) in response to Paxos' move to stop minting new BUSD. SAFU is an emergency insurance fund established by Binance to protect users' funds in case of security breaches or other unforeseen events.

Tether Regains $1 Peg
tether

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.

OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes
tether

OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes

OKX has launched its most ambitious trading competition yet, with a prize pool exceeding 2 million USDT and a Tesla Model 3. The team-based competition focuses on USDT perpetual contracts and requires holding at least 100 USDT in assets.

Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards
tether

Binance Launches VIP Margin Trading Promo with USDT and Apple Vision Pro Rewards

Binance introduces a VIP Margin Trading Promotion offering up to 5,000 USDT, an Apple Vision Pro, and exclusive event invites for increasing trade volume.

Tether Launches USDT on Kava Blockchain
tether

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.

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