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Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe
20.5.2024
Cryptocurrency exchange Kraken reassured users it has no plans to delist USDT in Europe and will continue to follow all legal requirements.
The post Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe appeared first on Cryptonews
Feds bust $73M crypto scam, arrest two masterminds
18.5.2024
The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds
Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App
16.5.2024
Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.
The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews
Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
15.5.2024
On May 15, a few people suspected in an underground banking operation were arrested by Chinese police in Sichuan province. They have been charged in facilitating illegal foreign currency transactions involving around $2 billion worth of Tether's USDT.
The post Tether’s USDT Implicated in...
Tether Takes Action: $5.2M in USDT Frozen Due to Phishing Links
14.5.2024
Tether is still keeping an eye out for illegal activity taking place on its blockchain. Tether detected and blocked USDT worth $5.2 million on May 14 as part of its efforts to impose stringent network controls and stop money laundering.
The post Tether Takes Action: $5.2M in USDT Frozen Due...
Tether freezes $5.2 million in USDT linked to phishing scams
14.5.2024
Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...
Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT
13.5.2024
Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT.
The post Tether CEO Calls Out Ripple Chief for Inciting Panic About USDT appeared first on Cryptonews
Tether Counters Deutsche Bank’s Stablecoin Warning, Defends Reserve Transparency
10.5.2024
Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions from the market. Deutsche Bank analysts, citing...
Tether payment solutions expands to Eastern Europe
9.5.2024
Tether, the biggest company in the digital asset market, will strengthen its presence across Eastern Europe with a supplementary investment into CityPay.io. This top-rated payment company has a presence in more than 2,000 locations across Georgia, and Tether is the first stablecoin investing...
Tether Boosts Crypto Payments in Eastern Europe with Investment in CityPay.io
9.5.2024
Tether officially declared its injection of additional investment into CityPay.io, a platform enabling users to make payments at various establishments, including Wendy’s and Radisson Hotels, using cryptocurrencies like Bitcoin.
The post Tether Boosts Crypto Payments in Eastern Europe with...
USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks
3.5.2024
Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply....
Tether teams with Chainalysis for advanced market watch
3.5.2024
Tether, a significant operator in the crypto industry, recently took action to ensure more security and transparency in the digital asset sector. The firm has made a deal with Chainalysis, which is well-known and is developing a very coherent and multi-dimensional solution to track secondary market...
Tether Partners With Chainalysis to Monitor Transactions and Combat Illicit Activity
3.5.2024
Stablecoin issuing firm Tether said it has teamed up with the blockchain data platform Chainalysis to monitor secondary market activity and combat illicit activity.
The post Tether Partners With Chainalysis to Monitor Transactions and Combat Illicit Activity appeared first on Cryptonews
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
29.4.2024
In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs.
The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...
Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions
29.4.2024
Tether, the issuer of the USDT stablecoin, made a $200 million investment in Blackrock Neurotech, a leading biotech company specializing in brain-computer interface (BCI) technology.
The post Tether Invests $200 Million in Blackrock Neurotech’s Neurological Disorder Solutions appeared first...
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
29.4.2024
Despite Circle's rising transaction count, Tether's USDT still accounts for over 68% of the entire stablecoin market
Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports
28.4.2024
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they...
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate...