Tether’s CTO says USDT is fully backed and has never failed to provide redemption as hedge funds pour billions to short-sell the stablecoin.
Hedge funds trying to destablise USDT; says Tether CTO
In a Twitter conversation on the specifics, Ardoino described the attacks as a new wave of FUD, troll armies, and clowns.
Hedge funds trying to destabilise USDT, says Tether CTO
In a Twitter conversation on the specifics, Ardoino described the attacks as a new wave of FUD, troll armies, and clowns.
‘Coordinated’ Attacks: Tether CTO Confirms Crypto Hedge Funds, Traders Short The USDT Stablecoin
Several sources reported attempts to short-sell Tether since last month Tether said the same about attacks on short-selling the stablecoin Tether was trading down 0.06% at $0.9988 Tether’s CTO Paolo …
Crypto Focused Hedge Funds are Shorting USDT – Reports
A Wall Street Journal (WSJ) report revealed that crypto-focused hedge funds are increasingly shorting the controversial U.S. dollar-pegged stablecoin, Tether …
Tether in more short-seller’s sights amid broad crypto downturn
Professional investors are increasingly betting against Tether (USDT-USD), the largest stablecoin by market cap, in the wake of a large-scale crypto downturn. Marshall added that those U.S.- and …
LUNC Value Prediction for June 2: LUNC/USDT Increases in Value
LUNC/USDT threw down APE/USD from the top of the crypto daily mover list to occupy the number spot today. Terra Classic moved an impressive 16.67% today. This is an impressive performance for the …
Crypto Hedge Funds, Traders Short Tether After UST’s Implosion: Report
Crypto-focused hedge funds are increasingly shorting U.S. dollar-pegged stablecoin Tether (USDT) amid a bleak market outlook nearly a month after the implosion of terraUSD (UST), WSJ said in a report …
More Hedge Funds Are Betting Against Tether as Crypto Melts Down
Professional investors got interested in shorting Tether after the collapse of another stablecoin, TerraUSD.
Harmony Offers $1M Bounty After Discovering $100M Altcoin Hack
Hackers stole $100 million worth of WETH, AAVE, SUSHI, DAI, USDT and USDC, and then swapped them for Ethereum.
Top 5 cryptocurrencies to watch this week: BTC, UNI, XLM, THETA, HNT
Although Bitcoin is struggling to form a bottom, altcoins are on a roll and the current price action could benefit UNI, XLM, THETA and HNT.
BlockFi Raises Deposit Rates, Eliminates Free Withdrawals
The rate increases across BTC, ETH, USDT and other crypto deposits come after layoffs at the company and a $250 million emergency line of credit from FTX.
Bitgert Price Analysis After Introducing USDT and USDC
Bitgert worth has crawled again previously few days because the crypto trade bounces again. The BRISE token is buying and selling at $0.00000034, which is about 33% above the bottom degree through the …
Tether to Launch New Stablecoin Tied to the Value of the Pound
Tether adds a stablecoin pegged to the British pound to its arsenal of fiat-currency-backed tokens. Find out more.
Tether is set to launch a GBPT stablecoin pegged to the British Pound
Tether, the company behind the USDT stablecoin, has announced plans to launch a stablecoin that will be pegged on the British Pound.
Tether to launch a new sterling-pegged stablecoin in the wake of Terra Luna saga and a crypto crash
So-called stablecoin company Tether is launching a cryptocurrency pegged to the British pound as the United Kingdom tries to embrace digital currencies and global regulators grow wearier of …
Tether To Debut Stablecoin Pegged To The British Pound Sterling In July
Tether has announced the launch of a new stablecoin called the GBP₮ which will be pegged to the British Pound Sterling in a 1:1 ratio.
First Mover Asia: Bitcoin Holds Steady Over 20K, USDC’s ‘Flippening’ of USDT and the Stablecoin Bear Market
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says
Boliang reportedly made a retail account in his father’s name and then deposited $20 million of credit into the account to make crypto trades.
Tether to Unveil New Stablecoin Pegged to British Pound
Tether announced that it was launching a new stablecoin pegged to the British pound sterling, joining four other stablecoins the company has pegged to the U.S. dolla …
Tether to launch stablecoin tied to pound as UK aims to become crypto hub
Launch of digital asset to track value of £1 comes despite contraction of cryptocurrency sector …