One crypto company in particular will be missing Q1 after they just released details of its incredible performance. On Wednesday, the stablecoin issuer Tether released details of their Q1 2024 …
Stablecoin Tether steps up monitoring in bid to combat illicit finance
The world’s largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on …
Tether and Chainalysis roll out USDT monitoring solution to counter illicit transactions
Tether partners with blockchain analytics firm Chainalysis to monitor USDT transactions and detect illicit crypto transfers that could enable sanctions evasion.
RNAC Impressive Rally to $0.05 USDT Amid Launch Delays: A Milestone in Cryptocurrency Trading with $300 Million Volume
In the dynamic world of cryptocurrency, RNAC has emerged as a beacon of success and resilience. Our platform’s native coin, RNAC, has soared to a commendable value of $0.05 USDT, overcoming initial …
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
Tether nets US$4.52 bln Q1 profit from investments
Tether, the company behind the widely-used stablecoin USDT, has reported a record US$4.52 billion net profit for the first quarter of 2024, a 61% increase from the previous quarter.
Tether Releases Latest Attestation: Reports $4.52B Profit, “Highest Ever” T-Bill Ownership, Total Group Equity of $11.37B
Tether Holdings released its assurance opinion for the first quarter of 2024, conducted by BDO, a leading global independent accounting firm.
Tether Hits Record $4.5 Billion Profit In First Quarter On Gains From Bitcoin And Gold
Tether is the seventh largest Bitcoin holder. Wallet “bc1q,” belonging to the company, currently holds 75,354 BTC that is worth over $4.34 billion, according to Arkham Intelligence. That is after …
Tether Holdings Reports Record-Setting $4.52B Profit in Q1 2024, Discloses Net Equity for the First Time
Tether Holdings, the issuer of the leading stablecoin by market capitalization, Tether (USDT), has announced a record-breaking net profit of $4.52 billion in the first quarter of 2024. In addition, …
New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics
New data from market intelligence platform Kaiko Analytics indicates that new competitors are chipping away at Tether’s (USDT) stablecoin dominance.
Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains
Tether’s Bitcoin investment is paying off, achieving much greater profit than the company’s immense bond portfolio.
Tether Posts Record Quarterly Profits of $4.52 Billion
Discover how Tether achieved a record $4.52 billion profit in Q1 2024 through investments in US Treasury bonds, reinforcing its stability.
Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
USDT Issuer Tether Reports Record $4.52B Profit In Q1 2024
The USDT stablecoin issuer, Tether, attracted a massive net profit of $4.52 billion in the first quarter of FY24, setting a record for the company.
Tether Says Profit Rose to a Record During the First Quarter
Tether Holdings Ltd., the operator of the largest stablecoin, said it had record net profit of $4.52 billion in the first quarter, largely driven by interest earned from its holdings of US Treasuries …
Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and Gold, while the additional $1 billion came from operating profits.
USDC surpasses Tether USDT – A sign of stablecoins’ future?
USDC surpasses USDT, indicating a shift in stablecoin market dynamics. Leaders stress aligning stablecoins with democratic values and transparent regulations. In a surprising development, Circle’s …
Tether Makes Strategic Investment of $200 Million in Blackrock Neurotech to Advance Human Potential
In an announcement on April 29, Tether, the issuer of popular stablecoin USDT, revealed its strategic investment of $200 million into Blackrock Neurotech, a leading neural implant company. This …
Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume
Circle’s USDC stablecoin scaled past Tether’s USDT in transaction volume. Can its market cap overtake Tether USDT in the coming weeks?
Stablecoin Tether is losing market share – report
Trading with Tether’s USDT on centralized exchanges is taking a step back, which makes its historical market capitalization questionable, according to recent findings from Kaiko Research. Despite a series of setbacks including high-profile
Crypto company Tether invests $200 mln in brain-chip maker Blackrock Neurotech
Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.