Crypto firm Tether on Wednesday said it’ll launch GBP₮, a stablecoin pegged to the British Pound Sterling, in early July. Tether operates a dollar-pegged stablecoin, the largest stablecoin by market …
Crypto giant Tether to launch sterling-pegged stablecoin
Major crypto firm Tether said on Wednesday it will launch next month a “stablecoin” pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital …
Tether launching British pound stablecoin as redemptions escalate
Tether is to launch a However, the largest stablecoin by market cap is being tested with billions of redemptions amid the cryptocurrency crash, and rival USDC has flipped tether in daily transactions …
Tether to undertake full audit from a top accounting firm for transparency
Tether to undertake full audit from a top accounting firm for increased transparency of the reserves backing USDT.
USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin’s dominance is coming to an end.
First Mover Asia: Bitcoin Holds Steady Over 20K; USDC’s ‘Flippening’ of USDT and the Continued Stablecoin Bear Market
Bitcoin clings tight near $21,000; ether also rises. Insights: USDC’s may be “flippening” of USDT, and the stablecoin bear market continues. Catch the latest episodes of CoinDesk TV for insightful …
Coinsfera is Helping People Sell USDT for Cash in UAE in this Crypto Market Crash
DUBAI, UAE / ACCESSWIRE / June 22, 2022 / As the crypto market declines, more investors are looking to sell their holdings and cash out their profits. Coinsfera now provides an easy way to do this, by …
As Tether Faces Billions in Redemptions, Circle’s USDC Is Gaining Ground
Tether has purportedly paid out $15 billion in cash redemptions since May, leaving room for USDC to potentially claim the stablecoin crown.
Tether’s USDT lost its peg to dollars during the crypto market crash, resulting in a loss in the market cap by at least $10 Billion
Crypto’s crash also had a huge impact on Tether’s USDT. USDT a stable coin which was rated among the top five stable coins around the world got de pegged amidst the crypto market crash and made the …
Record stablecoin market share points to crypto upside: JPMorgan
The percentage of stablecoins in the total crypto market capitalization has surged to a new historical high of 17%.
Tether to undertake full audit by top 12 firm for transparency over USDT reserves
The Tether (USDT) stablecoin is set to carry out an audit with a top 12 firm in order to provide more transparency on its reserves.
Tether Website Screams ‘Im Under Attack’ As Malicious Actors Launch DDoS Ambush
Twitter user stclineman opined: “He’s tweeting this so later when $USDT crashed he can stand up in court and say ‘See I tried to warn them’.” Tether has been under fire for several weeks and in a blog …
Tether Market Cap Falls to $69 Billion as USDC Close to Flipping USDT
Tether Market Cap Falls to $69 Billion as the result of the ongoing crash. Is the situation salvgaeable or we’re going to see more downtrend.
Tether Market Cap Falls to $69 Billion as USDC Flipping of USDT Occurs
Tether Market Cap Falls to $69 Billion as the result of the ongoing crash. Is the situation salvgaeable or we’re going to see more downtrend.
Largest Stablecoin issuer Tether faces DDOS attack on website
The Chief Technology Officer of the company, Paolo Ardoino, has confirmed that Tether.io is under a DDOS attack. They nearly had 2000 requests every 5 minutes, which suddenly increased to 8 million …
Tether (USDT) Cryptocurrency: Current Price and How It Works
Tether (USDT) is the oldest and largest of several relatively new digital assets called stablecoins. Stablecoins are backed by a reserve of cash, commodities or other assets as a way of keeping …
Tether’s USDT market cap dips below $70B for an 8-month low
Tether USDT, the biggest stablecoin and the third largest digital currency by market capitalization, continues losing its market value amid the current market downturn.
Tether USDT Market Cap Slips Below $70 Bln As Redemptions Mount
Tether (USDT), the world’s largest stablecoin’s market capitalisation has registered a steady drop over the previous few weeks. It now has shrunk beneath the $70 billion mark. Is USDT shedding the …
Now UAE Residents Can Buy USDT With AED at Coinsfera OTC Shop
DUBAI, UNITED ARAB EMIRATES / COINSFERA / June 17, 2022 / Coinsfera, a Dubai-based over-the-counter (OTC) cryptocurrency trading platform, has announced that it is now offering United States dollar …
Tether market cap shrinks below US$70B, lowest since October 2021
The market capitalization of Tether, the world’s largest stablecoin, has dipped to an eight-month low of US$69.4 billion, according to CoinGecko data. See related article: Tether, USDT market cap has …
Inverse Finance exploited again for $1.2M in flashloan oracle attack
Inverse Finance, a decentralized finance (DeFi) tool based on the Ethereum (ETH) blockchain, has suffered an exploit with attackers making off with over $1.2 million worth of various cryptocurrencies.