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 …
OKX seizes 2M USDT linked to market manipulation
The exchange has related frozen assets and will allocate over 3 million USDT for an airdrop to eligible users who suffered losses. According to a press release published by cryptocurrency exchange OKX …
Crypto Traders Worried About Liquidity Thinning in Bitcoin and Ether
Liquidity refers to the ability of the market to absorb large buy and sell orders at stable prices. The commonly used metric for assessing liquidity conditions is 2% of market depth – a collection of …
Home invasion suspect caught with removed tether
Joseph Saunders to be removed from her Moll Street home. In their report, troopers stated they found Saunders at the home holding the electronic tether he had removed from his leg. Saunders was …
Now Visitors Can Sell USDT in Dubai in 2023 at SUID Crypto OTC in a Few Minutes
Sell USDT in Dubai has improved service quality to meet the high demand for crypto products. Now visitors can sell USDT (tether) in Dubai in a few minutes without any difficulty. Dubai has emerged as …
Platypus Finance Hacking Suspects Arrested By French Police: Here’s How They Were Identified
Decentralized finance protocol Platypus Finance (CRYPTO: PTP), which runs on Avalanche (CRYPTO: AVAX), has confirmed that two individuals suspected of hacking their system have been arrested by the …
US Drug Enforcement Agency Seized $1.8M From Binance in 2022
Binance and the Drug Enforcement Agency disrupted a pipeline that moved cash generated from selling narcotics in Michigan to Mexico via stablecoins.
MEXC Global publishes proof of reserves after month long testing
MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In a document seen by Cointelegraph, MEXC claimed its reserve ratios for Tether (USDT), USD Coin (USDC), Bitcoin …
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week’s attack.
Here’s why Solana can reposition itself as an Ethereum-killer in 2023
The Ethereum-killer suffered a setback after the collapse of FTX exchange, founded by its most influential supporter, Samuel Bankman-Fried. Solana bulls could push SOL price to the bullish target at …
SEC Targets Stablecoins, Turning Up Heat on Crypto
The Securities and Exchange Commission targets Paxos stablecoin as it steps up efforts to crack down on crypto.