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Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves
11.5.2023
Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves.
In addition to announcing the massive billion-dollar profit, Tether revealed in a press release...
Is Tether a sinking ship?
11.5.2023
Tether may not exactly be a sinking ship, but if the comments of John Reed Stark, the Former Chief of the SEC’s Office of Internet Enforcement, are to be believed, then Tether is not far from going down. What makes him highlight this prediction about one of the first stablecoins is the fact that...
Tether has $1.5B in Bitcoin reserves: BDO Italia
10.5.2023
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals
Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves
10.5.2023
The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals
Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches VIP Capital Connect Service
10.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Twitter Hacker Extradited to US, Coinbase Employee Sentenced to Two Years in Prison, Binance Launches...
Xapo Bank to Enable Tether Deposits, Withdrawals
9.5.2023
The crypto-friendly bank announced earlier in the year support for USDC services
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
25.4.2023
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3%...
Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volumes
25.4.2023
Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it
Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration
22.4.2023
Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well....
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...
Tether market cap eyes record high after regaining 65% stablecoin dominance
17.4.2023
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
15.4.2023
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
14.4.2023
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe
Tether Takes Action: Blacklists Validator Address Linked to $25 Million MEV Bot Drain – Here's What Happened
12.4.2023
Tether, the company behind the world's largest stablecoin, has blacklisted a validator address responsible for draining $25 million from Maximal Extractable Value (MEV) bots.
The validator exploited a bug in the MEV-boost relay to bypass MEV bots by attempting to execute a sandwich trade, which...
Alameda to Be Repaid $53M Deltec Loan, Delaware Bankruptcy Court Says
12.4.2023
The 2021 payment to Deltec International was originally approved by FTX's Ryan Salame
Tether blacklists validator address that drained MEV bots for $25M
11.4.2023
The likes of Polygon co-founder and many other decentralization proponents called blocking the address a bad precedent
Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble
6.4.2023
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins
Stablecoin Tether's Market Capitalization Nears Record High of $83B
6.4.2023
Tether's market cap has increased by 20% this year mainly on account of aggressive issuance on Ethereum's rival Tron
Tether 'unequivocally reiterates' no exposure to Signature Bank
5.4.2023
The stablecoin provider denied the allegations that began to surface in regard to its exposure to the now-collapsed Signature Bank
Stablecoin issuer Tether accessed US banking system using Signature: Report
4.4.2023
At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars though the bank's Signet platform