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Tether's Assets Exceeded Its Liabilities (On February 28) - Auditor
30.3.2021
Source: iStock/standret, Cryptonews.com
Tether, the issuer of the most popular stablecoin, tether (USDT), published its independent accountant's report that claims that the company's assets exceed its consolidated liabilities "as of 28 February 2021 at 11:59 PM UTC."
Cayman-based...
Stablecoin reserves on crypto exchanges hit new historic high of $10B
29.3.2021
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin
Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink
27.3.2021
The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market...
Tether market cap surpasses $40B, growing 10x over 12 months
24.3.2021
The market’s leading stablecoin, USDT, reached another major milestone as crypto demand continues to grow
Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments
24.3.2021
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network
Turks Turn to Exploring Bitcoin, Ethereum, And Tether as Lira Plummets
22.3.2021
As Turkish lira (TRY) plummeted once again amidst massive economic uncertainty and opposing views over solutions, the country's citizens turned to Google to explore bitcoin (BTC) and other cryptoassets.
Looking at the interest in 'bitcoin' in the past seven days in Turkey, we see that it jumped...
China May Target Tether after Digital Yuan Launch – B2C2 Japan CEO
12.3.2021
Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined.
Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of...
Tether Stablecoin Expands Its Reach to Another Blockchain
11.3.2021
Tether has announced the expansion of its USDT token to an eighth blockchain
Tether tokens go live on Ethereum competitor Solana blockchain
11.3.2021
Tether's integration with the Solana blockchain is intended to help support a range of projects in DeFi, blockchain gaming and Web 3.0
Ethereum's Buterin Says Tether Is Bitcoin's 'Ticking Time Bomb Demon'
10.3.2021
Vitalik Buterin. Ethereum (ETH) co-founder Vitalik Buterin argued that, like Ethereum, Bitcoin (BTC) has its own potential bombs waiting to explode.
The ecosystem around Ethereum could see failures and hacks, discussed the participants of The Tim Ferriss Show yesterday. To this, Buterin said:...
The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto
5.3.2021
Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman...
Tether's Supply Dominance Hits Record Low as USDC & Co Rise
3.3.2021
As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases.
Per...
Blackmailed Tether, Dan Loeb Takes 'A Deep Dive' Into Crypto + More News
1.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
Tether, the issuer of the most popular stablecoin, tether (USTD), said they received a ransom demand for BTC 500 yesterday (USD 25m)....
Crypto Market Sentiment Leaves the Positive Zone; Only Tether Green
1.3.2021
Source: iStock/da-kuk
Along with the drop in prices this past week, came a drop in the market sentiment as well. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell out of the positive zone after three weeks, recording 5.77 today, compared to last week's...
Tether hit with 500 Bitcoin ransom demand — but says it won't pay
1.3.2021
The USDT stablecoin issuer says it received a $23 million ransom demand payable by March. 1. The deadline has since passed, and Tether isn't paying
Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat
1.3.2021
Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim “will harm the bitcoin...
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions
28.2.2021
Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out
Law Decoded: Loose ends and long dramas, Feb. 19–26
26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
24.2.2021
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as part of a settlement with the New York Attorney General’s (NYAG’s) office over a case dating back to 2019. In a statement on Tuesday, NY Attorney General Letitia James accused the...