Tag: Tether

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Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether

Remitano exchange allegedly hacked for $2.7M; $1.4M frozen by Tether

Crypto exchange Remitano experienced large withdrawals under suspicious circumstances on September 14, with some blockchain analysts concluding that i [...]
Tether adds Bahamas-based private bank Britannia as partner: Report

Tether adds Bahamas-based private bank Britannia as partner: Report

Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar tran [...]
Tether CTO stays silent on Bitcoin mining locations

Tether CTO stays silent on Bitcoin mining locations

Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about edited images of large indu [...]
Tether maintains $3.3B in liquidity cushion: USDT transparency report

Tether maintains $3.3B in liquidity cushion: USDT transparency report

Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shar [...]
Tether discontinues Bitcoin stablecoin, citing lack of usage

Tether discontinues Bitcoin stablecoin, citing lack of usage

The issuer of stablecoin Tether (USDT) will discontinue its Bitcoin (BTC) Omni Layer version, citing lack of interest from users. This Bitcoin version [...]
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

Stablecoin issuer Tether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operating using data analytics, follo [...]
Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Stablecoin Issuer Tether (USDT) Stops Support for Bitcoin Layer Omni Citing Lack of Demand

"Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many ex [...]
Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more

Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more

Celsius' Mashinsky motion to dismiss deniedThe former chief executive of crypto lending platform Celsius Network, Alex Mashinsky is back on track to f [...]
Tether unveils mining software to boost efficiency and capacity

Tether unveils mining software to boost efficiency and capacity

The developers at Tether are in the process of preparing the release of innovative JavaScript libraries. These libraries are specifically created to f [...]
Tether USDT Sells Off on Curve (CRV) and UniSwap (UNI, Pushing Key Exchange Pools Into Imbalance

Tether USDT Sells Off on Curve (CRV) and UniSwap (UNI, Pushing Key Exchange Pools Into Imbalance

The Curve and Uniswap pools are popular venues for traders to swap one stablecoin for another quickly. Most of the time, the tokens are in balance in [...]
Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash

Tether Is Going on a Bitcoin Buying Spree, but It Should Be Holding Cash

Second, the amount of assets Tether shows in its attestation report exceeds $86 billion which is a few billion higher than USDT’s market capitalizatio [...]
Zero Transfer scammer steals $20M USDT, gets blacklisted by Tether

Zero Transfer scammer steals $20M USDT, gets blacklisted by Tether

A scammer using zero transfer phishing attack managed to steal $20 million worth of USDT stablecoin on Aug. 1, before getting blacklisted by the stabl [...]
Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

The company said its operational profits exceeded $1 billion in Q2 this year. www.coindesk.com [...]
Circle, Tether freezes over $65M in assets transferred from Multichain

Circle, Tether freezes over $65M in assets transferred from Multichain

Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. T [...]
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin pegged to the country’s dollar which [...]
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