Tether Holdings, the company that issues stablecoin tether (USDT-USD), ended a turbulent 2022 with more than $700M net profit added to its reserves in Q4, underscoring …
Bitcoin and Ethereum battered by market bears and crypto staking controversy
Risk markets inlcuding bitcoin (BTC) appear to have had some sense beaten into them, following Wednesday’s comments from Federal Reserve chair Jerome …
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether is the issuer of USDT, the world’s largest stablecoin by market capitalization. Stablecoins are tokens that are meant to always be fully backed by an equivalent value of reserve assets. The …
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
Tether, issuer of the world’s largest stablecoin, USDT, reported $700 million in fourth-quarter profit in its latest attestation report. The profit has been added to Tether’s reserves. Excess reserves …
Tether Reports $700M in Profits Despite ‘Tumultuous End to 2022’: CTO
Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter.
Biggest Crypto Gainers Today – February 8
The crypto industry has risen again and investors are flocking towards good projects. Read on to know about the top top gainers today.
Uniswap Price Prediction: The final attempt for gains
Uniswap is struggling to breach the $7 resistance zone, but it is finding ascending support in the process. A breakout from the consolidation will likely define the trend for weeks to come. Uniswap …
Scammers steal $4 million in crypto during face-to-face meeting
Ahad Shams, the co-founder of Web3 metaverse gaming engine startup Webaverse, discovered in late November 2022 that someone had stolen $4 million of his cryptocurrency – during a real world …
Binance is suspending USD deposits and withdrawals for international users
However, according to a person familiar with the matter, the suspension will likely last several weeks, “until a new banking partner is established.” This last part indicates that Binance stopped its …
7 Cryptos to Watch as a Strong Jobs Report Impacts Sentiment
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Following a strong start to the new year for the cryptocurrency market, a …
Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Denis Mihaqlovic Dubnikov, an alleged Russian crypto money launderer arrested in the Netherlands and …
What You Need To Know About The Major Stablecoins In 2023
Stablecoin usage continues to climb in 2023, with hundreds of thousands of users relying on these US dollar-pegged cryptocurrencies every day.
FBI says cryptocurrency scams involving tether and USD coin on the rise in Denver
The Denver Division of the Federal Bureau of Investigation warns the public of cryptocurrency scams on the rise with many falling victim to huge financial losses.
El 86% de Tether, emisor de USDT, fue controlado por cuatro personas en 2018
Los documentos del 2021 sobre Tether de parte de la fiscalía general de Nueva York y la Comisión Federal de Comercio de Futuros de Materias Primas revelaron la estructura de propiedad anteriormente …
What is the Token Economics of Tether Tokens?
Tether Limited, a Hong Kong company, founded tether in 2014. Its first and most famous token is USDT – a cryptocurrency pegged to the dollar. Today there are multiple Tether Tokens pegged to dollars …
Euro stablecoin launched in Finland, claims to be first approved in the EU
The first U.S. dollar stablecoin, Tether (USDT), was initially released for the Bitcoin Omni Layer, with an Ethereum version arriving in 2018. It is now the third-largest cryptocurrency by market …
Biggest Crypto Gainers Today – February 2
Amidst bullish sentiments, the market has been gaining positive momentum. Read on to learn more about the top crypto gainers of February 2nd.
86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
Four men owned 86% of Tether as of 2018, according to investigatory documents viewed by the Wall Street Journal. The documents from 2021 probes of Tether by the New York Attorney General and the …
The Unusual Crew Behind Tether, Crypto’s Pre-Eminent Stablecoin
A group of four men has controlled 86% of Tether Holdings, a company that operates a stablecoin at the heart of crypto’s alternative financial universe.
Only 4 people controlled Tether Holdings as of 2018: Report
A group of four men controlled 86% of stablecoin issuer Tether Holdings Limited as of 2018, according to The Wall Street Journal.
86% of Tether Was Controlled by 4 People: WSJ
Tether’s USDT stablecoin is a key piece of infrastructure in the crypto world, easing the movement of money in the industry, and yet the people behind it have not always been forthcoming about how …