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Tether in the Spotlight After USD 9B Worth of Redemptions
19.5.2022
The popular stablecoin tether (USDT) is again the subject of unwanted attention after approximately USD 9bn has been redeemed for US dollars by users in the aftermath of the terraUSD (UST) collapse.
The redemptions have come despite USDT trading on exchanges within a rounding error of its USD...
Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News
13.5.2022
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: Nomura's Bitcoin OTC, Prosecutors vs. Arthur Hayes, Tether's Reserves + More News
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
9.4.2022
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis
Crypto Trading in Russia Rises Again as Price Discounts Emerge
8.3.2022
Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...
Ukraine Crypto Donations Reach a Plateau; 40% of the Country's Military Suppliers Accept Crypto
7.3.2022
Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments.
The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over...
Crypto Donations to Ukraine Near USD 20M
28.2.2022
At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24.
As of February 27th, 23:50 UTC, data accumulated...
Ukrainians Paying Tether Premiums as Some Desperate Citizens Ditch Fiat for Crypto
25.2.2022
Ukrainians are paying a premium of up to USD 0.11 on the dollar-pegged stablecoin tether (USDT) as trading volumes on local crypto exchanges have escalated quickly.
Per data from the Ukrainian crypto exchange Kuna, which claims that nine out of 10 of its users are Ukraine-based, some...
Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply
8.2.2022
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80%...
Crypto regulation is coming, but Bitcoin traders are still buying the dip
21.12.2021
The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish
Myanmar shadow government declares stablecoin USDT an official currency
13.12.2021
The NUG finance minister said Tether use would enhance trade speed and payment efficiency
Two firms account for the majority of Tether received: Report
12.11.2021
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland
Tether fires back against report it is using reserves for investments and making crypto-backed loans
7.10.2021
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux
SEC Denies Freedom of Information Act Request Concerning Tether Documents
26.9.2021
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...
Does Evergrande’s $300B debt crisis pose systemic risk to crypto industry?
16.9.2021
As onlookers predict top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto
Bitcoin bulls at risk? Tether growth rate flatlines despite market cap crossing $64B
18.8.2021
The market capitalization of the world's largest stablecoin received a boost despite facing regulatory threats in the United States
Tether claims to have increased total assets by $21B in new accounting review
9.8.2021
Tether has been publishing periodic accounting reports to the public after reaching a settlement with the New York Attorney General’s office in February 2021
Tether’s Collapse Would Be Chaotic, Not Cataclysmic
26.7.2021
Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on
USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report
26.7.2021
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin
Fed Chair says stablecoins need stricter regulation, speaks on CBDC
14.7.2021
He stated that stablecoins need stricter regulations if they are to be part of the payment universe
Stablecoin growth could affect credit markets, rating agency warns
5.7.2021
Fitch notes potential asset contagion risks posed by stablecoins could lead to tighter regulations for the industry