Tether, the company behind stablecoin USDT, has released its Q2 2024 attestation report, confirming reserves of $118.4 billion. As per the report, the reserves surpass the company’s liabilities by $5.
KYN Capital Group’s KOINFOLD Integrates USDT on Polygon, Ethereum, and Tron Blockchains and Artificial Intelligence Into Cryptocurrency App
KYNC has incorporated AI-powered trading bots into the KOINFOLD crypto app. These bots utilize sophisticated artificial intelligence algorithms to automate trading processes, analyze market trends, …
Tether-Issued Stablecoin USDT’s Market Share Grows to 75% as Market Cap Tops $118B
The largest stablecoin’s market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.
Allegan County prosecutor: Police searching for sex offender who cut tether
Michigan State Police are “actively searching” for a sex offender who failed to show up for a bond hearing Monday, according to Allegan County Prosecutor Myrene Koch.
MEXC First to Launch CATI Spot and Futures trading. Share a Prize Pool of 1,000,000 CATI and 80,000 USDT in Futures Bonuses!
TORTOLA, British Virgin Islands, Sept. 15, 2024 (GLOBE NEWSWIRE) — MEXC is excited to announce the launch of its Catizen (CATI) Spot and Futures trading. Share a Prize Pool of 1,000,000 CATI and …
Tether’s USDT stablecoin market share rises to over 75%
Tether (USDT), the world’s largest stablecoin, now commands over 75% of the stablecoin market, a rise of 20% in just two years.
Tether USDT’s market share rises 20%, reaching 75% in two years
“Tether has grown its market share from 55% to 75% over the past 2 years. Tether’s USDT supply is $118 billion. Tether’s market share is 75%.” Stablecoins represent the main on-ramp from the fiat to …
UK High Court recognizes Tether’s USDT as property in landmark ruling
The High Court of Justice for England and Wales has ruled that Tether’s USDT is considered property under English law, setting a legal precedent for digital assets.
Another 1B USDT minted at Tether Treasuries, Paolo Ardoino clarifies allocation
Blockchain explorer Whale Alert flagged a USDT mint worth $1billion on the Ethereum network on 16th September at Tether treasury. Tether ‘s CEO Paolo Ardoino clarified that the mint was an authorized …
Sony’s Blockchain Partners with Circle – Will $USDC Surpass $USDT?
Sony blockchain partners with Circle, positioning Soneium among the most promising Layer-2 networks. But Circle is embroiled in a PR crisis.
Tether Faces Allegations, Causing Crypto Market to Shrivel Up
The crypto market, as a whole, is seeing optimism despite price falls since the conclusion of the Korea Blockchain Week, where more than 300 speakers came together to interact with over 17,000 …
Tether USDt KRW (USDT-KRW)
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared. In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of …
Toncoin Price Eyes $8 Breakout as TON Network Hits $1 Billion USDT Issuance
The Toncoin price plunged 4.6% in the last 48 hours, currently trading at $5.63. This weekend’s pullback will likely assist buyers in recuperating the …
Tether Under Fire for Not Disclosing Reserves Transparently
A consumer watchdog has warned about the lack of transparency Tether exhibits in confirming the reserves backing its stablecoin and it ignoring the amount of crime USDT facilitates. Non-profit …
Cyber Capital founder calls Tether a $118B Fraud, bigger than FTX and Madoff
Cyber Capital founder Justin Bons has criticized stablecoin issuer Tether, labeling it an “existential threat” to the crypto industry. Bons believes Tether is a $118 billion fraud, larger than FTX and …
England’s High Court rules Tether’s stablecoin USDT qualifies as property
The High Court of Justice for England and Wales issued a ruling that allowed Tether’s stablecoin USDT to qualify as property. The ruling came just a day after the jurisdiction’s administration …
English High Court Declares Tether’s USDT Stablecoin as Property
England’s High Court rules that Tether’s USDT stablecoin qualifies as property, marking a significant legal development for cryptocurrencies.
Assessing the impact of USDT supply on TON hitting $729M in 4 months
According to Cryptoquant’s analysis, the total supply of USDT on TON soared to a record high of $729 million over the last 4 months. USDT integration into TON started on 18 April 2024, with the months …
Tether Is A Bigger Scam Than FTX, Says Cyber Capital Founder
Cyber Capital founder Justin Bons accused Tether of being a massive scam, warning of its lack of transparency and potential market collapse.
UK High Court classifies Tether USDT as ‘property’ in landmark ruling
A recent ruling by a British High Court has designated stablecoin Tether (USDT) as property. This is a historic first under English law for cryptocurrency classification following a comprehensive …
Tether onboards head of government affairs from PayPal
Stablecoin issuer Tether announced that Jesse Spiro will join the firm as its head of government affairs after three years at PayPal. In a Sept. 13 notice, Tether said Spiro would be responsible for …