Tag: USDT
Wall Street Journal Accused of Defamation Over 2023 Tether-Bitfinex Article
When published, the story included several paragraphs on Harborne and AML. On Feb. 21, 2024, a week before the lawsuit was filed, an editor's note was [...]
DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.
www.coindesk.com [...]
Argentina’s Broken Currency Prompts USDT and USDC Purchases
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The Evolution of Stablecoins into Commodities, Real Estate, and Crypto Baskets Redefines Digital Asset Stability
Another groundbreaking approach is stablecoins tied to a basket of cryptocurrencies, like DAI and wrapped bitcoin, offer stability while capturing the [...]
Tether Reports $6.2B Profit in 2023 as USDT Market Cap Grew to Record High
Through last year, the company booked $6.2 billion in net operating profits, with some $4 billion from interest earned on Treasury holdings. The compa [...]
Tether (USDT) Purchased 8.8K Bitcoin (BTC) at End of Q4
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UN Alleges Major Tether Role in Illicit Activity in East Asia, Stablecoin Issuer Hits Back
The report by the UN Office on Drugs and Crime (UNODC) said that “Online gambling platforms, and especially those that are operating illegally, have e [...]
USDC Stablecoin Momentarily Loses $1-Peg on Binance, Slides to $0.74 Before Rebounding
The 2% market depth on Binance for the USDC/USDT pair is skewed to the upside, with $26 million in orders stacked up to $1.02 and $6.1 million in orde [...]
USDT Ranked 4 out of 5 in New Stablecoin Stability Assessment From Ratings Agency S&P Global
"As we look to the future, we see stablecoins becoming further embedded into the fabric of financial markets, acting as an important bridge between di [...]
Howard Lutnick, Cantor Fitzgerald CEO, Is a Fan of Bitcoin (BTC) and Tether (USDT)
“I am a fan of crypto, but let me be very specific, bitcoin, just bitcoin. These other coins, they are just not a thing,” he said during an interview [...]
Tether Freezes 41 Crypto Wallets Tied to Sanctions
"By executing voluntary wallet address freezing of new additions to the SDN List and freezing previously added addresses, we will be able to further s [...]
Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend
Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.
www.coindesk.com [...]
Paolo Ardoino: The Hardest Working Man in Crypto
The newly promoted CEO of Tether is looking to diversify the firm's investments, after a banner year where the stablecoin giant is on track to profit [...]
U.S. Treasury Campaigning for Amplified Powers to Chase Crypto, Tether (USDT) Overseas
Lawmakers should also beef up the department's powers under the Bank Secrecy Act (BSA), allowing for the "targeting of cryptocurrency entities and ser [...]
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
The United States Department of Justice announced it had seized roughly $9 million worth of Tether (USDT) following the stablecoin issuer freezing fun [...]