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Tether dominates with $113B post-SVB collapse — IntoTheBlock
30.7.2024
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard
Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom
18.7.2024
Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to potential positive price movement. Report Notes...
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
16.7.2024
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This move comes at a time when Tether and its sister...
Elliptic exposes $11B scam network via Huione Guarantee
10.7.2024
Elliptic’s report reveals how the Huione Guarantee marketplace facilitated massive money laundering and cyber scams using Tether (USDT) transactions
Philippines adopts Tether’s USDT for social security payments
1.7.2024
The Social Security System is a state-run social insurance program that serves employees in the official, informal, and private sectors
UAE regulations may ban crypto payments, warns lawyer
26.6.2024
UAE lawyer Irina Heaver told Cointelegraph that the policy shift could signal a “less favorable environment” for crypto in the UAE
Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand
25.6.2024
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand...
Tether halts USDT minting on EOS and Algorand
24.6.2024
Tether discontinues support for the EOS and Algorand implementations of its flagship stablecoin USDT
What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?
21.6.2024
Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms
Tether under fire for alleged terror finance links
19.6.2024
The focus is again drawn to Tether, the largest stablecoin issuer in terms of market capitalization. This comes after Consumers’ Research, a non-profit organization, started a crusade to expose what they allege as Tether’s complicity in terror financing human trafficking and interacting with...
Tether launches Alloy: A Gold-backed revolution for digital assets
18.6.2024
Tether has introduced Alloy. It is an open platform for creating digital assets. Tether Gold will back these assets, which may alternatively be known as tethered assets. Alloy is being brought to the market to reimagine digital economy stability. Recognized as an innovative approach, Alloy will...
Tether Invests $18.75M in XREX Group to Facilitate Launch of Gold-Backed Stablecoin
6.6.2024
Tether, the issuer of the USDT stablecoin and a leading player in the digital asset industry, has made a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. The investment aims to drive innovation in the digital asset industry and facilitate...
Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent
2.6.2024
Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto market, as the G7 and the EU mull more sanctions...
Is Tether a safe haven in the crypto storm?
21.5.2024
Tether (USDT) is a type of cryptocurrency, and its value is meant to stay close to the U.S. dollar. This makes it easy to transfer money between regular cash and crypto. Lately, crypto prices have swung up and down a lot. This has people wondering if Tether is a safe place to put their money...
Kraken Insists It Will Keep USDT Listed in European Markets
21.5.2024
Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business, clarified they will “continue to look at...
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...