DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / July 2, 2022 / Coinsfera, a global digital asset OTC exchange, has announced that they are making it easier for people in Dubai to sell USDT. Users can now …
Top Stablecoin Tether Slashes Commercial Paper Holdings Amid Crypto Gloom
Usually underpinned by reserves of assets such as the U.S. dollar, gold and government debt, stablecoins are widely used in cryptocurrency trading and Tether is the predominant me …
Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
Stablecoin issuer Tether has cut its holdings of commercial paper by 58% to $8.5 billion, with a further reduction to $3.5 billion expected at the end of the month as it seeks to tackle speculation …
LYOTRADE Launches Crypto Loans – Get USDT and Win Against Volatility
Loans made with cryptocurrencies. Who is offering this? The LYOTRADE crypto exchange! LYOTRADE is part of […] …
‘Pig Butchering’ Crypto Scam Victim To Get Money Back From Binance, Law Enforcement Says
Silicon Valley prosecutor says her office has been flooded with with reports of similar scams, in which cybercriminals use dating sites to meet romantic partners they later entice to invest in fake …
Tether’s mystery commercial paper exposure
Its $1 value is backed 1-to-1 by dollar assets held in Tether’s reserves. Controversy about these reserves has raged for years. Tether in 2021 paid tens of millions to US regulators in settlements …
Crypto: Can stablecoins keep dollar peg after tether debacle?
The crypto crash has caused a rapid spike in stablecoin redemptions with the total supply now decreasing. How can stablecoins hold their parity with the dollar and avoid the calamity of May’s …
First Mover Asia: How Traders Are Shorting Tether Stablecoins; Bitcoin Falls but Holds Above $20K
Hedge funds are increasingly betting against USDT in anticipation of it losing value amid concerns about the coin’s reserve backing and systemic risks; ether falls.
Tether (USDT) under pressure after Terra’s stablecoin collapse
We have launched Cryptogram, an India-focused free weekly newsletter on blockchain tech, global crypto markets, and Web 3.0 technologies which promise to change our future. If you would like to …
Terra Classic Value Prediction for June 29: LUNC/USDT Attracting Massive Profits
LUNC/USDT reclaims the top of the crypto daily mover today. This crypto has been here before two days ago, as it manages to gather minimal gain in value. Nevertheless, it’s as if Terra Classic is back …
Tether’s CTO says USDT is fully backed mocking short-sellers
Tether’s CTO says USDT is fully backed and has never failed to provide redemption as hedge funds pour billions to short-sell the stablecoin.
Hedge funds trying to destablise USDT; says Tether CTO
In a Twitter conversation on the specifics, Ardoino described the attacks as a new wave of FUD, troll armies, and clowns.
Hedge funds trying to destabilise USDT, says Tether CTO
In a Twitter conversation on the specifics, Ardoino described the attacks as a new wave of FUD, troll armies, and clowns.
‘Coordinated’ Attacks: Tether CTO Confirms Crypto Hedge Funds, Traders Short The USDT Stablecoin
Several sources reported attempts to short-sell Tether since last month Tether said the same about attacks on short-selling the stablecoin Tether was trading down 0.06% at $0.9988 Tether’s CTO Paolo …
Crypto Focused Hedge Funds are Shorting USDT – Reports
A Wall Street Journal (WSJ) report revealed that crypto-focused hedge funds are increasingly shorting the controversial U.S. dollar-pegged stablecoin, Tether …
Tether in more short-seller’s sights amid broad crypto downturn
Professional investors are increasingly betting against Tether (USDT-USD), the largest stablecoin by market cap, in the wake of a large-scale crypto downturn. Marshall added that those U.S.- and …
LUNC Value Prediction for June 2: LUNC/USDT Increases in Value
LUNC/USDT threw down APE/USD from the top of the crypto daily mover list to occupy the number spot today. Terra Classic moved an impressive 16.67% today. This is an impressive performance for the …
Crypto Hedge Funds, Traders Short Tether After UST’s Implosion: Report
Crypto-focused hedge funds are increasingly shorting U.S. dollar-pegged stablecoin Tether (USDT) amid a bleak market outlook nearly a month after the implosion of terraUSD (UST), WSJ said in a report …
More Hedge Funds Are Betting Against Tether as Crypto Melts Down
Professional investors got interested in shorting Tether after the collapse of another stablecoin, TerraUSD.
Harmony Offers $1M Bounty After Discovering $100M Altcoin Hack
Hackers stole $100 million worth of WETH, AAVE, SUSHI, DAI, USDT and USDC, and then swapped them for Ethereum.
Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT.