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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...
Tether invests $18.75 million in XREX to enhance the online asset space
6.6.2024
Tether has invested $18.75 million in XREX Group to improve the overall online asset space and initiate global payments with USDT. In addition, Tether plans to introduce inventive innovative regulatory technology. For the uninitiated, Tether is known as the largest company in the online asset...
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
6.6.2024
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto...
Tether CEO warns of new wave crypto airdrop scam emails, CoinGecko potentially affected
5.6.2024
Cryptocurrency users should exercise extreme caution to crypto-airdrop-related emails received in the past 24 hours, according to Tether’s CEO
Tether announces strategic investment and launch of XAU1 stablecoin
5.6.2024
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology
First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud
5.6.2024
Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85 million. This marks the first civil lawsuit since the alleged fraud was uncovered nine...
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...
Bitdeer Announces $100 Million Investment From Tether
31.5.2024
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to acquire an additional $50 million in shares in the future. Bitdeer and Tether Forge...
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
31.5.2024
This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for...
Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
31.5.2024
Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said
Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
31.5.2024
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said
Ripple taking ‘cheap shots’ at Tether, says Samson Mow
24.5.2024
Ripple CEO Brad Garlinghouse stands accused of spreading fear, uncertainty and doubt about Tether
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...
Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam
21.5.2024
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash....
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
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
Tether CEO Hints at Development of Global P2P Financial Markets Terminal
19.5.2024
Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the payments area, where humanity is “getting rid” of...
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 mints another $1B mint — Last time it helped Bitcoin climb to $73K
17.5.2024
Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024