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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.
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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
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
29.4.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegations, and Nubank expands its crypto functionality...
The Biggest Crypto Poker Event Of 2024 Is Today At CoinPoker
28.4.2024
NLHE tournament table, source – CoinPoker CoinPoker’s CSOP – crypto series of poker – main event starts in just over 12 hours at 18:30 GMT / UTC, with $100,000 guaranteed. At the time of publishing 30 players are registered – and the top finishers will win...
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...
Tether to Freeze Addresses Evading Sanctions on Venezuelan Oil Exports
24.4.2024
Tether, the issuer of the popular stablecoin USDT, has announced its intention to freeze addresses associated with sanctioned entities.
The post Tether to Freeze Addresses Evading Sanctions on Venezuelan Oil Exports appeared first on Cryptonews
Tether Will Freeze Wallets Evading Venezuelan Sanctions
24.4.2024
Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports
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...
Crypto Whales Bet 300K USDT On A Crazy Hand Of Poker At CoinPoker
23.4.2024
Celebrity poker player Antanas ‘Tony G’ Guoga won a pot worth just over $300,000 this weekend on the CoinPoker website, beating an anonymous whale in a high-stakes 1000/2000 game.
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Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
23.4.2024
Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday.
The post Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again appeared first on Cryptonews
Venezuela Looks to Tether to Bypass Sanctions: Reuters
23.4.2024
Venezuela's state-run oil company started experimenting with Tether in 2023
Tether’s worth stands at $60 million on TON blockchain
22.4.2024
TON blockchain started hosting Tether effective April 19, 2024. The volume issued was worth approximately $35 million. Almost 2 days later, the issuance has touched the massive milestone of $60 million on the said blockchain with expectations that it would soon inch closer to the giants like...
$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether
22.4.2024
The world's leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on April 19th.
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Tether Expands to TON Blockchain With $60M USDT Launch
22.4.2024
Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT)...
Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users
22.4.2024
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among...
Tether Officially Reorganizes, Announces Four Different Business Divisions
20.4.2024
Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data, focused on tech developments; Tether Finance, dedicated to...
Telegram to Introduce USDT Payments With Telegram Wallet and the Open Network
19.4.2024
Telegram and Tether are joining forces to bring users the ability to send USDT payments through The Open Network (TON) and Telegram wallet, the founders of each organization said at Token2049 in Dubai on Friday. The announcement could signal increased use of USDT amidst rising efforts by U.S....
Tether is on an unstoppable path beyond stablecoins
19.4.2024
Tether, the largest corporation in the digital asset market, has significantly contributed to the promotion of secure financial systems with its stablecoin. With the introduction of a novel framework for financially sustainable systems, they have commenced their triumphant voyage. Tether...