Tether today reported a net profit of $1.48 billion, with the company behind the world’s biggest stablecoin saying it was “very optimistic for the future.” In a Wednesday blog post, the sometimes controversial company summed up its 2023 Q1 assurance report—prepared by accounting firm BDO Italia—by revealing that its reserves reached an all-time high of $2.
Tether Posts $1.5 Billion Profit, Double Late-March Forecast
Tether Holdings Ltd., the operator of the largest stablecoin, said it recorded a first-quarter profit of $1.5 billion, more than double the forecast the company gave in late March.
Stablecoins: Xapo Bank Expands Stablecoin Payment Rails, Becoming “First” Licensed Bank To Enable Tether Deposits, Withdrawals
Xapo says it is beginning with a phased rollout; the payment rails will be fully available to all members by the end of the month. Building on its existing USDC rails that were launched in March, the …
OKX just sent $60M in USDT, MASK token to Alameda Research
On May 9, crypto exchange OKX sent approximately $60 million worth of digital assets to wallets connected to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham …
Xapo Bank to Enable Tether Deposits, Withdrawals
Xapo Bank, a crypto-friendly institution based in Gibraltar, will allow customers to deposit and withdraw tether (USDT), the largest stablecoin by market cap, by the end of the month. The transactions …
Cryptoverse-Tether gets a lift from stability doubts
To be sure, tether has long been dogged by doubts about its peg being backed by dollar reserves. All stablecoins were hurt last year during a series of events such as the collapse of crypto hedge fund …
Comparing the Top Stablecoins: USDT, USDC, BUSD, and More
As the demand for stablecoins continues to grow, several options have emerged, with USDT, USDC, and BUSD among the most popular. In this article, we will explore and compare the top stablecoins, …
‘From’ Season 2, Episode 3 ‘Tether’ Review: Even Scarier And More Twisted Than Ever
Not so with From, MGM’s wildly underrated “Lost-like” that is now three episodes deep into a second season that is exceeding all expectations. So far, this season is scarier and more twisted than the …
Beware Of Flatcoins, Crypto’s Inflation Busting Fad
These coins are designed to protect stablecoin holders from inflation. But they are complicated and it’s not clear whether they will actually work.
USDT organizes an international conference on Technological Innovations for Cancer Screening and Prevention
The hybrid international conference on Technological Innovations for Cancer Screening and Prevention was an Accredited Blended Learning Activity (Category 1) as defined by the Ministry of Public …
Flash News: OKX to Enable Margin Trading and Savings for SUI
OKX to Enable Margin Trading and Savings for SUI Following the launch of its SUI/USDT perpetual swap on May 5, OKX is proud to announce that it will soon offer margin trading and saving for SUI, the …
PEPE Up 101% After Binance Confirms Listing
Meme coin PEPE jumped 100% after Binance announced it would list the token in its “so-called “innovation zone” – the platform’s trading area where users can buy and sell recently launched and …
Yes, Amazon sells pool floats made especially for dogs. Go fetch one!
Dog days call for creature comforts — and pool time will be a whole different animal with these top-rated inflatables.
Flash News: OKX Launches SUI/USDT Perpetual Listing and Trading Competition
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the week of May 1, 2023. OKX Lists SUI/USDT Perpetual Swap OKX is proud to …
Bitcoin Weekly Forecast: BTC pauses 2023 rally, big picture remains bullish
Nevertheless, investors need to note that there is a good chance that Bitcoin price will continue heading higher until it tags the midpoint of the bearish breaker at $35,260. In a highly bullish case, …
Stablecoins plummet as Bitcoin surges, forces behind the recent money rotation
Stablecoins have recorded a diminishing balance, coinciding with a recent Bitcoin price surge. The move suggests a money rotation out of stablecoins and into the king crypto. Notably, this has driven …
Investments Global says Stablecoins will rise in future
As the world is shifting more towards the digital age, stablecoins are becoming increasingly popular due to their stable value and reduced volatility. Tether (USDT) and USD Coin (USDC) are two of the …
What’s the Difference Between a Stablecoin and a Cryptocurrency?
Unlike traditional cryptocurrencies, stablecoins have no limited supply or fixed schedule, which means they’re disbursed based on market economics and conditions. These assets are backed by collateral …
Woman filmed herself physically and verbally abusing dog
Jamey McCusker, 23, was at “the end of her tether” with her pet when she verbally and physically abused the animal, a court heard.
Cryptocurrency roundup for April 28: Solana Labs introduces ChatGPT plugin for easy navigation of Solana Blockchain
Cryptocurrency roundup for April 28: Solana Labs introduces ChatGPT plugin for easy navigation of Solana Blockchain A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, …
What Are The 3 Different Types Of Cryptocurrencies?
Bitcoin originated a new technological wave. Let’s explore what has happened and what different cryptocurrencies are.