However, if there is no domino effect following SVB’s debacle, select cryptocurrencies may start their recovery. The cryptocurrencies selected in the article are all trading above the 200-day simple …
Unlucky crypto investor commits $2M for a payout of $0.05 USDT
Not all crypto investors, however, had the good fortune to escape from the unforeseen condition with their funds. While some investors had the foresight to cash out before the news, many were left …
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
To cut losses, investors started selling their USDC tokens in exchange for other stablecoins, such as Tether (USDT) and avoiding impermanent losses. Unfortunately, a member of Crypto Twitter who goes …
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
An undisclosed portion of USDC’s cash reserves are parked at the now-failed bank, leading to concern that money backing the stablecoin is now stuck. Stablecoins like USDC are a key part of the crypto …
Binance and Tether Say No SVB Exposure, While Circle Stays Mum
USD Coin, the stablecoin issued by Circle Internet Financial Ltd, drifted from its closely-watched dollar peg as investors reacted to its exposure to Silicon Valley Bank, which collapsed in one of the …
Tether Slams WSJ for Biased Coverage, And Not Going After the “Right Targets”
Tether slammed the Wall Street Journal in a new blog post, accusing the outlet of publishing “misleading” reports about the company.
Tether (USDT) Bank Transfers In Europe With IBAN Account Enabled By SuisseBase
A new digital asset platform is now enabling high-net-worth and corporate users to make Tether (USDT) transfers within Europe using a regular IBAN account.Genève, Switzerland – March 9, 2023 — …
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
Justin Sun is moving $60 million in USDT from one of his Ethereum wallets, after he promised to create a $100 million liquidity fund for Huobi in response to an extreme drop and then rebound in the HT …
Dogetti Shows Top-Dog Prowess as Binance USD, Tether USDT Survive Bearish Weekend
Tether USDT, a well-liked stablecoin, and Binance, one of the biggest cryptocurrency platforms in the world, have both survived a weekend of bearish trading in the markets. Tether USDT and Binance USD …
Graham’s The Family Dairy to tether caps to its cartons in recycling push
The new cap will be applied to the Graham’s 500ml carton range including standard and organic milk, from 6 March …
Tether’s USDT Stablecoin Market Share Rises to Highest Level in 15 Months
The dominance of Tether’s USDT is rising among stablecoins amid an ongoing shakeup of the $136 billion stablecoin market. USDT’s market share among stablecoins surpassed 54% on Monday, data from …
Crypto giant Tether faked key documents to set up bank accounts – and terrorists then used one of them to launder money, report says
Tether is a key player in crypto because of its USDT stablecoin, which traders turn to as a place to park their cash in times of high volatility because its value is fixed at $1. USDT has a market …
Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts
The Wall Street Journal reported that Tether and sister company Bitfinex dealt with entities that faked documents and opened shell companies to access bank accounts, but the stablecoin issuer has hit …
Shocking Allegations: Tether’s Issuer Reportedly Used Fraudulent Tactics For Banking Access – USDT Denies
Tether (CRYPTO: USDT), faced a critical situation in late 2018 when its parent company and affiliates struggled to maintain access to the global banking system. A recent review of emails and documents …
Tether Used Fake Documents to Open Bank Accounts: WSJ
Tether’s troubles continue. According to a Friday WSJ report, companies backing the world’s biggest stablecoin used fake documents and shell companies to help its parent company get into the banking …
Latest Crypto News: Tether Faked Bank Documents: WSJ, Crypto Market Cap Hit Heavily By Silvergate Bank Crisis
Decrypt reported that emails and documents cited in the WSJ report suggests that USDT, the most-traded cryptocurrency, went to extraordinary lengths to open bank accounts and stay connected to the …
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
Tether, the company behind the world’s largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.
Crypto Companies Behind Tether Used Falsified Documents and Shell Companies to Get Bank Accounts
Tether Holdings and a related crypto broker used “cat and mouse tricks” to obscure identities, documents show.
Investors Shore Up Stablecoins as Silvergate Exodus Worsens
Investors are shoring up the circulation of stablecoins even as the broader crypto market weathers a downturn, turning to dollar-equivalent tokens as a substitute for cash following the unraveling of …
Tether Has No Exposure to Sinking Crypto Bank Silvergate, Says CTO
The company behind the world’s biggest stablecoin has no links to troubled bank Silvergate, according to Tether CTO Paolo Ardoino.
VIDEO: What’s up with Tether in this post-BUSD world? Tether CTO Paolo Ardoino joins the podcast
A lot has changed since I hosted Tether CTO Paolo Ardoino on the Invezz podcast last October. Just a couple of weeks after we spoke, FTX collapsed in a development that few saw coming. Within a couple …