The cryptocurrency platform that was targeted by last week’s $600 million dollar heist asks the hacker to become its chief security advisor.
Is Tether Pumping The Price Of Bitcoin?
There is a lot of noise about the legitimacy of the stablecoin Tether (USDT), with claims of “pumping the price of bitcoin” being made.
What is USD Coin? Is USDC a safer stablecoin bet than Tether?
USD Coin is a relatively new stablecoin offering from two of the US’ largest payment companies. But is USDC safer than other stablecoins?
Bybit Brings Annual Trading Competition World Series of Trading (WSOT) 2021 to the Next Level With Record $7.5M Prize Pool
USDT & NFT addition· Largest WSOT donation to UNICEF at $400,000 in BTC SINGAPORE, August 16, 2021 -/African Media Agency(AMA)/- The summer games of crypto trading are back. The 2021 edition of …
The Tether controversy, explained
Some Tether critics fear that its real use is to keep the price of Bitcoin high The attestation seems unlikely to reassure Tether’s most vocal critics, some of whom fear that its real use is to keep …
XRP Market Cap Reaches $60 Billion for the First Time in Three Months
XRP saw immense retail demand in the last 48 hours as the price of the cryptocurrency jumped from $1.05 to as high as $1.34.
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT – On Friday, a few days after the initial hack …
DJ Esports launches its first Worlds Prediction Series with a prize pool of 10 million USDT, pick your winners for a chance at the 800,000 USDT grand prize
The all-crypto esports gaming platform is giving back to players and testing their analytical skills in a new event. The post DJ Esports launches its first Worlds Prediction Series with a prize pool …
Poly Network Hacker Refuses $500K Bounty: Cross Chain Hacking Is Hot, I Am Not Interested In Money
The hacker behind the Poly Network exploit has now returned the entire sum of $610 million to the DeFi protocol. pic.twitter.com/aBRUvanLuL — Poly Network (@PolyNetwork2) August 12, 2021 Poly Network …
Recent Tether Disclosures Answer Some Questions, Raise New Ones
Cryptocurrency investors this week learned more about how Tether shared more information on how it manages its reserves, as its seeks to reassure investors it can safely manage its role as a …
Polygon hacker asks developers to unlock Tether funds
A while back the Polygon hacker returned $260 million of the stolen funds and now Poly received another $4.7 million from him.
Coinbase Pro Adds Five Coins to Platform
Coinbase Pro now accepts inbound transfers of IOTX, ORN, QUICK, TRIBE and UST. That began Aug. 10. Trading was to be allowed after 9 a,m, PT Aug. 11 if liquidity conditions were met. Once sufficient …
Tether Sheds Light, but Not Enough, on Its $63 Billion Reserves
The stablecoin has secured itself a critical place in the crypto ecosystem, but its holdings fall short compared with those of prime money-market funds.
$TREES Surges 60% Following News That SAFETREES Is Coming to LBank On 12 August
LBank, a global digital asset trading platform, will list TREES on August 12, 2021. For all LBank users, the TREES/USDT trading pair will be officially available for trading at 9 PM (UTC+8). You can …
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
Coinbase made an important change on the USD Coin page on its website following an audit which revealed that not all of USDC’s reserves were held in cash.
Tether Says Massive Reserves Held in Investment-Grade Commercial Paper
Tether released the most-detailed version yet of the assets backing its widely used digital currency, seeking to address regulator concerns that it hasn’t in the past disclosed enough about the …
Tether Mints Another 1 Billion USDT Tokens: Supply Now Up By 200% in 2021
The supply of Tether, the leading stablecoin, has grown by over 200% this year. Tether now has a market cap of over $64 billion, which makes it the third-largest cryptocurrency. While there are …
Tether Consolidated Assets Support Its Liabilities Attests Accounting Firm
Audit reveals that Tether has enough assets to cover the total issuance of USDT tokens. An accounting firm based in the Cayman Islands has provided an attestation report regarding Tether’s reserves.
Tether’s Stablecoin 10% Backed By Cash According To Latest Assurance Report
The top stablecoin company has published a new assurance report. Those numbers suggest that USDT is backed by more than 50% cash equivalents, including 10% cash and bank deposits. Stablecoin company …
Tether discloses reserves in new attestation report, revealing increase of $21 billion in Q2
Tether had a total of $62.8 billion in total assets at the end of June, a $21.8 billion increase from Q1. Stablecoin issuer Tether Holdings Limited recently reiterated that its digital tokens are …
Vesper Finance Launches Yield-generating Pools for UNI and USDT
Vesper Finance today announced the availability of new Vesper Grow Pools for Uniswap (UNI) and Tether (USDT) tokens.