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Bitfinex’s Tether CEO Denies Cyberattack Amidst F Society Ransom Demands
In the midst of claims by a ransomware group known as F Society, who allege to have infiltrated Bitfinex and extracted 2.5 terabytes of data, including personal details of around 400,000 users, top …
Implications Of Tether’s Record Profits For The Crypto Market
Also of note is the $1 billion that Tether generated from operating profits derived from U.S. Treasury holdings. In an interesting development, it would seem that higher-for-longer rates continue to …
Mitigate Market Fluctuations with CrowdSwap’s BNB to USDT swap
The currency exchange is central to today’s cryptocurrency scene. Numerous cryptocurrency exchange strategies offer profitable and common ways for investors to handle risk, capture profits, or seek …
USDC overtakes USDT: Compliance is key to stablecoin dominance
While USDC launched in 2018, it has already reached 20% of the total stablecoin market. The battle for stablecoin leadership is clearly between USDT and USDC, as together they cover 90% of the total …
Tether Partners With Chainlysis To Monitor Transactions Amid Mounting Scrutiny
Tether announced it has partnered with Chainalysis for a blockchain monitoring solution that will improve the stablecoin giant’s compliance practices, especially in relation to “secondary” market …
Tether Partners with Chainalysis to Enhance Compliance Measures
Tether USDT has allegedly been used on several occasions to fund illegal transactions. The stablecoin reportedly provides an easy escape route for untraceable financial transactions between sanctioned …
Tether posts record Q1 profits as USDT keeps growing
One crypto company in particular will be missing Q1 after they just released details of its incredible performance. On Wednesday, the stablecoin issuer Tether released details of their Q1 2024 …
Stablecoin Tether steps up monitoring in bid to combat illicit finance
The world’s largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on …
Tether and Chainalysis roll out USDT monitoring solution to counter illicit transactions
Tether partners with blockchain analytics firm Chainalysis to monitor USDT transactions and detect illicit crypto transfers that could enable sanctions evasion.
RNAC Impressive Rally to $0.05 USDT Amid Launch Delays: A Milestone in Cryptocurrency Trading with $300 Million Volume
In the dynamic world of cryptocurrency, RNAC has emerged as a beacon of success and resilience. Our platform’s native coin, RNAC, has soared to a commendable value of $0.05 USDT, overcoming initial …
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
Tether nets US$4.52 bln Q1 profit from investments
Tether, the company behind the widely-used stablecoin USDT, has reported a record US$4.52 billion net profit for the first quarter of 2024, a 61% increase from the previous quarter.
Tether Releases Latest Attestation: Reports $4.52B Profit, “Highest Ever” T-Bill Ownership, Total Group Equity of $11.37B
Tether Holdings released its assurance opinion for the first quarter of 2024, conducted by BDO, a leading global independent accounting firm.
Tether Hits Record $4.5 Billion Profit In First Quarter On Gains From Bitcoin And Gold
Tether is the seventh largest Bitcoin holder. Wallet “bc1q,” belonging to the company, currently holds 75,354 BTC that is worth over $4.34 billion, according to Arkham Intelligence. That is after …
Tether Holdings Reports Record-Setting $4.52B Profit in Q1 2024, Discloses Net Equity for the First Time
Tether Holdings, the issuer of the leading stablecoin by market capitalization, Tether (USDT), has announced a record-breaking net profit of $4.52 billion in the first quarter of 2024. In addition, …
New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics
New data from market intelligence platform Kaiko Analytics indicates that new competitors are chipping away at Tether’s (USDT) stablecoin dominance.
Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains
Tether’s Bitcoin investment is paying off, achieving much greater profit than the company’s immense bond portfolio.
Tether Posts Record Quarterly Profits of $4.52 Billion
Discover how Tether achieved a record $4.52 billion profit in Q1 2024 through investments in US Treasury bonds, reinforcing its stability.
Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold
The majority, or $3.52 billion, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits.
USDT Issuer Tether Reports Record $4.52B Profit In Q1 2024
The USDT stablecoin issuer, Tether, attracted a massive net profit of $4.52 billion in the first quarter of FY24, setting a record for the company.