Tag: Tether

Tether (USDT), the USD-pegged stablecoin issued by web3/fin tech company Tether, fell slightly below its 1:1 peg against the US dollar on Thursday on decentralized exchange (DEX) Curve Finance, …

Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.

Tether Holdings Limited, the company that issues USDT, crypto’s largest stablecoin with a market capitalization of $83.8B, reported $850M in second-quarter profits on July 31. Most of Tether’s profits …

Tether, the issuer behind the industry’s largest stablecoin USDT, reported nearly $850 million in excess reserves for the second half of 2023, taking its totals up to $3.3 billion, an all-time high of …

The world’s largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion “operational profit”, a 30% increase on …

On August 1, a scammer successfully executed a zero transfer phishing attack, stealing $20 million worth of USDT (Tether’s stablecoin) before being blacklisted by the issuer, Tether. The incident was reported by on-chain analytic firm PeckShield,

Tether announced it held a total of about $1.6 billion in Bitcoin at a fair price by the end of the second quarter.

Binance CEO, Changpeng Zhao, has revealed the crypto exchange’s intention to introduce smaller algorithmic stablecoins.

This week, the world’s largest stablecoin by market capitalization, Tether, listed a $850 million increase in its excess reserves during its second quarter, according to a new attestation from the Belgian accounting company Binder Dijker Otter (BDO).

Nansen data on March 30 shows that over $18 billion of USDT is held on Binance, the world’s largest cryptocurrency exchange by user count and trading volumes. At this pace, USDT …

The scam proposers because users generally check the first or last five digits of a wallet address and not the whole address, making them send the assets to the phishing address.

Hence, users started demanding more transparency in the reserves of most stablecoins. Tether USDT was among the coins that investors demanded to publish its reserves. A report mentioned that the …

Explore the potential and rise of Tether in Gaming, as well as the question of whether it is worthwhile to invest in Tether or not.

Tether’s excess USDT reserves reached an all-time high of $2.44 billion, reflecting an increase of $1.48 billion from Q4 2022. Leading stablecoin issuer Tether [USDT] reported a net profit of $1.48 …

Altogether Tether has about $72.5 billion worth of U.S. Treasury Bills backing its USDT stablecoin, according to the report.

The 13-month-old toddler, named Māhina Toki, died on Friday after falling from the catamaran Kalamari which was docked in Musket Cove in western Fiji.

Tether has issued a report that claims over $3.3 billion in excess reserves after an increase of $850 million at the end of Q2 2023.

Tether, issuer of the USDT stablecoin, held $3.3 billion of reserve assets in excess to back the value of its stablecoins, the ​​firm reported in its Q2 attestation on Monday. Signed by accounting …

Tether has established itself as the dominant player in the stablecoin industry as its circulating supply approaches the 84 billion threshold.

The world’s largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion “operational profit”, a 30% increase on …