Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared United States dollar-based stablecoin Tether as an official currency …
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Solana to surpass Tether by market value & enters 4th place with $75 Billion
“Ethereum killer” Solana crypto has surpassed Tether, becoming the biggest stablecoin provider in terms of market capitalization with $75 billion compared to Tether’s $73.8 billion, according to CoinGecko. At press time, Solana is in fourth …
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Tether slapped with $41 million fine by CFTC
Tether, the leading stablecoin issuer, has been ordered to pay a $41 million civil monetary penalty by the Commodity Futures Trading Commission as part of a settlement deal, according to a press release issued …
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Tether’s $68B backing is being doubted as new reports set out to uncover truth behind USDT
Tether (USDT), the largest stablecoin cryptocurrency, has received a lot of bad publicity recently. Allegations have again emerged that the reserves of the stablecoin, which are supposed to be backed …
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Tether issues another 1 billion USDT tokens: supply will grow by 200% in 2021
The news which was first announced by Whale Alert, a tracker of large transactions, confirmed that, on Monday, August 9th, the leading stablecoin minted 1 billion USDT tokens and sent them …
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Tether unveils reserves and backing for its USDT stablecoin in new report
To assuage critics and to abide by a legal settlement, Tether Holdings Limited, the issuer of the world’s largest stablecoin USDT, has released a report by an independent accountant, which found …
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Tether whales move 374,000,000 in crypto, analyst predicts big run on the horizon
Crypto whales moved hundreds of millions of dollars worth of Tether (USDT) on and off exchanges over the weekend as Bitcoin soared to its highest prices in more than a …
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Tether to claim it will conduct an audit in ‘a matter of months’
Tether’s General Counsel Stuart Hoegner, in a Tech Check CNBC segment on July 21, said that the company would conduct an audit in months. Tether’s reserves have long been a talking point …
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Tether to Launch New Version of USDT on Polkadot and Kusama
On Tuesday (April 6), Tether Operations Limited (“Tether”), the company that issues the largest stablecoin by market capitalization, announced that it is planning to launch Tether tokens (“USDt”) on the …
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Tether Hit With 500 Bitcoin Ransom Demand But Says It Won’t Pay
Hackers have threatened to release sensitive company documents supposedly belonging to USDT stablecoin issuer Tether unless the firm sends a 500 Bitcoin (BTC) ransom to a specified address. As revealed by the …
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