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Tether Mints A Massive $1 Billion In USDT, Is It Better To Hold Everlodge The Inflation Busting Crypto?
By purchasing USDT, Tether is now able to issue USDT instantaneously after customer funds have been received, thus ensuring that the Tether Treasury maintains 100% of its reserves. This is great for …
Tether prohibits redemption of USDT for certain Singaporeans
Tether (USDT), a stablecoin issuer, has made alterations to its terms of service (ToS) in Singapore. According to an email by Julian Hosp, CEO, Cake DeFi, a decentralised finance protocol, the …
Chinese Police Arrest 21 in $54M USDT Money Laundering Probe – Decrypt
Police in China’s northern Shanxi Province have uncovered an alleged Tether (USDT) money laundering scheme, leading to 21 arrests, according to local reports. The scheme, which used U.S. dollar-backed …
Tether alters terms of service in Singapore restricting USDT redemption for certain customers
In a surprising turn of events, Tether, the world’s largest stablecoin issuer behind USDT, has made significant amendments to its Terms of Service (ToS) that impact its customers in Singapore. The …
Tether reportedly shuts USDT redemption for some Singapore customer groups
Many users on X pointed out that the recent change in ToS by Tether comes amid one of the largest crypto money laundering scandals in Singapore where the assets seized from the bust have swelled over …
Tether approves $1 billion USDT boost for Tron network’s liquidity
Tether’s $1 billion USDT infusion into Tron boosts liquidity, benefiting users and Tron casinos. Explore the impact in our analysis.
Tether Quietly Resumes Controversial USDT Lending Services, Surprising Market Observers
Historically, several cryptocurrency lending ventures such as Celsius and BlockFi met a bitter end in the preceding year due to a marked market downturn that severely disrupted their operational …
No, USDT Didn’t Actually Lose Its Peg: Tether CTO – Crypto Briefing
However, the discounted trading of Tether on Binance.US doesn’t necessarily denote a depegging issue with the stablecoin itself. Amid the ongoing legal uncertainty surrounding Binance.US, market …
Fading bullish tide: ANKR/USDT signals a timing opportunity to sell
ANKR/USDT chart and technical analysis ANKR/USDT is retesting the major resistance level of 0.02056 after it dropped significantly in the last couple of months. Price will possibly continue its …
If you’re a USDT or DOT investor, Binance’s latest update will mean… – AMBCrypto News
Binance customers can now easily bring their USDT to Polkadot, making transactions with the stablecoin more user-friendly. As per Polkadot’s tweet, this development will encourage even wider adoption …
Tether is lending out $5.5 billion in stablecoins less than a year after it said it would stop issuing loans
Tether, the largest stablecoin by market capitalization and one of the key financial pillars of the crypto market, said it would stop issuing loans of its token by the end of 2023. However, the …
WSJ’s Tether narrative is misleading, claims cryptocurrency giant
Tether, the principal issuer of the leading stablecoin USDT, recently voiced criticism against the Wall Street Journal (WSJ). The cryptocurrency giant asserted that while the WSJ consistently …
Tether’s Recent Developments: Stablecoin Loans and Global Partnership
In a significant move signaling its foray into the artificial intelligence (AI) sector, stablecoin giant Tether has announced a strategic investment in Germany-based cryptocurrency mining firm, …
MKR/USDT’s soaring potential: A buying opportunity at hand
MKR/USDT chart and technical analysis Maker tether is recovering from a months-long bearish trend and the market structure is turning bullish after the price made consecutive higher highs. Recently …
Tether Invests In Northern Data Group To Expand Beyond FinTech
Stablecoin (USDT) issuer Tether reveals strategic investment into data processing company Northern Data Group to expand with advanced technology.
Tether diversifies into AI with significant investment in Northern Data Group
Stablecoin leader, Tether, renowned for its digital currency pegged to traditional fiat currencies, has recently expanded its horizons by delving into the realms of artificial intelligence (AI). This …
Tether Resumes Lending Amid Market Concerns: A Risky Move Or A Boon For Liquidity?
After a year of pause on advancing Tether (CRYPTO: USDT) stablecoin loans to customers, Tether Group has initiated lending again after receiving mult
Tether commits to AI strategy with €400 million NVIDIA chip purchase
Damoon, a Tether company in which Northern Data Group owns a majority stake, has purchased over 10,000 NVIDIA H100 Tensor Core GPUs, a type of chip, at a total cost of approximately €400 million.
Tether invests in Northern Data Group, hinting at AI and blockchain synergy
Tether, the company behind the USDT stablecoin, has made a strategic investment in Northern Data Group, a German crypto mining firm.
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.