Tag: Tether

Tether accounts for more than half of all bitcoin trading. It claims to be fully backed 1:1 by the US dollar, but there is no independent audit to verify this.

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New-age tech companies are satiating their young workforce’s growing desire for digital money by using a workaround to pay either part of the.

DeFi has cut into tether’s dominance of the surging stablecoin market. Will greater regulation help win back customers?

Picking out the best cryptocurrency can be tough, partly due to the range of options available, but also because it depends on what you want to use it for. Someone that wants to purchase …

USDT stablecoin has claimed that it is being extorted by threat actors who are demanding a payment of 500 bitcoin ($24.625 million) to not publish allegedly stolen emails. In a series of tweets on its …

Tether, as the premier stable coin, provides an intriguing speculative landscape for experienced traders. Having gotten its legal questions out of the way which were shadowing Tether for a while, via …

Updated: The cryptocurrency firm says “forged” documents attempting to undermine the ecosystem as a whole are also circulating.

USDT cryptocurrency developer Tether has said they are being extorted by threat actors who are demanding 500 bitcoins, or approximately $24 million, not to leak allegedly stolen emails and documents.

While the wider cryptocurrency market continues to correct, the total on-chain stablecoin volume reached a new high in February. Stablecoin Use Continues to Surge According to a report by The Block, …

Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out. A long-standing legal drama finally found resolution on Feb. 23, with …

The crypto exchange Bitfinex reached a settlement with New York Attorney General Letitia James over allegations that it hid the loss of commingled client and corporate funds and lied about reserves.

Tether (CURRENCY:USDT) traded 0% lower against the U.S. dollar during the 1 day period ending at 19:00 PM ET on February 25th. Over the last seven days, Tether has traded 0% higher against the U.S.

This week the market capitalization of Tether’s USDT stablecoin surpassed the $35 billion, further helping it cement its position as the world’s largest stablecoin.

USDT/USD has incrementally traded higher as a settlement has been reached between New York and Tether. USDT/USD is trading slightly above 1.0000 USD in early trading today and has maintained a …

Cryptocurrency companies Tether and Bitfinex, have been in the eye of the storm for the past two years. The accusation leveled by a New York […] …

Bitcoin analysts say this week’s quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.

This means 5% of Square’s total cash is now stored in Bitcoin. Then there was more good news with the settlement of a long-running legal dispute between Tether Ltd, the company behind the stablecoin …

Cryptocurrency Tether and exchange Bitfinex have agreed to pay an $18.5m penalty after New York’s attorney-general accused them of covering up “massive” financial losses. The groups at the centre of …

The NYAG found that Tether and Bitfinex misrepresented the assets backing USDT and obscured the loss of $850 million in user funds.

Tether (USDT) is the largest stablecoin in the crypto economy. In the past year it has grown from $2 billion to $34 billion, and serves a systemically important role for traders, exchanges and …