Reporting on allegations made against Tether’s parent company Ifinex, Tether has released follow up comments to deny any wrongdoing in the market.
More DetailsPaolo Ardoino, CTO of Tether gives his take on the Decentralized Finance DEFI Ecosystem in Asia standing on the cusp of a global digital banking revolution.
More DetailsReported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”
More DetailsRoche Freedman, New York-based legal firm, filed a class-action lawsuit on behalf of those who own cryptocurrency against Bitfinex and Tether and others for crypto market manipulation and creating the largest bubble in history.
More DetailsTether has been reportedly working on a new stablecoin pegged to the Chinese Yuan. The stablecoin project named “CNHT” came from the intention of Zhao Dong, one of the shareholders of the Bitfinex crypto exchange.
More DetailsIn this second part of our interview with Cascarilla, he explains why the PAX stablecoin is ultimately superior to Tether and gives his thoughts on Facebook’s Libra project and the nature of money.
More Details$100 million worth of Tether (USDT) has been transferred from the Tron network, a blockchain-based decentralized operating system, to the Ethereum blockchain.
More DetailsPaxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.
More DetailsBitFinex and Tether have officially spoken out against what they are describing as a baseless lawsuit, designed to undermine the cryptocurrency ecosystem.
More DetailsBitfinex cryptocurrency exchange has announced that it has integrated Tether (USDT) into the OMG network. The integration is set to reduce transaction confirmation and fees. The crypto exchange will enable Tether withdrawals and deposits on the OMG network. OMG network, previously known as OmiseGo, is a scaling platform, which enables peer-to-transactions in real-time, a solution that enhances the scalability of the Ethereum network.
More DetailsTether (USDT) stablecoin issuer, IFinex and its subsidiary, Bitfinex exchange are facing charges of allegedly manipulating the price of Bitcoin in 2017. Although the company, on the other hand, is vehemently in denial of the charges levelled against it.
More DetailsBinance Coin (BNB), the native cryptocurrency of the Binance exchange, has just unseated Tether (USDT) as the third-largest crypto by market cap.
More DetailsBased on hiked interest rates and the ongoing Russia-Ukraine war, crypto whales have shown signs of caution, given that their transaction volumes have been dwindling.
More DetailsPaolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
More DetailsThe U.S. Justice Department successfully seizes $9M in crypto from a scam ring targeting over 70 victims, showcasing the government's commitment to combating cyber-enabled financial fraud.
More DetailsHong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). The operation is considered the first case for the same kind in the city.
More DetailsTether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes
More DetailsTether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.
More DetailsTether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.
More DetailsTether has reaffirmed its commitment to transparency and announced its completion of reporting obligations to the New York Attorney General's Office. Under the terms of its 2021 settlement, Tether fulfilled its quarterly reporting requirements for a period of two years.
More DetailsThe cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.
More DetailsTether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.
More DetailsAddresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.
More DetailsJPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.
More DetailsThe presiding judge ordered Tether to provide evidence of the USDT backing of its reserves at the time. The company is required to provide financial documents to the court.
More DetailsTether has recruited a Wall Street company to handle its Treasury holdings.
More DetailsTether said it has increased its investments in US Treasury bills backing its $68 billion stablecoin.
More DetailsTether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
More DetailsThe U.S. Attorney's Office in Chicago has seized approximately $1.4 million in Tether (USDT) linked to an alleged tech support scam that primarily targeted elderly victims across the United States.
More DetailsTether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.
More DetailsTether has frozen 32 cryptocurrency addresses tied to terrorism funding in Israel and Ukraine, manifesting the growing partnership between crypto firms and global law enforcement to combat digital-financed crime.
More DetailsWhere is Tether keeping its stablecoin reserve? A Bloomberg reporter has asked this and many more questions. Tether fires back as the allegations are made.
More DetailsTether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.
More DetailsOn-chain activity for stablecoins has surged over the last year, increasing by 800% according to the latest market intelligence, but could the increase in stablecoin issuance create inflation in the cryptocurrency markets as past allegations against Tether and Bitfinex have suggest ?
More DetailsTether, the company renowned for powering the world's foremost stablecoin, announced today its ambitious venture into energy production and sustainable Bitcoin mining in Uruguay.
More DetailsThe City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies.
More DetailsThe founder of TechCrunch Michael Arrington discussed the Securities and Exchange Commission’s lawsuit against Ripple Labs over XRP.
More DetailsTether and Bitfinex have won a lawsuit against Shawn Dolifka and Matthew Anderson, despite allegations of misleading statements about USDT reserves, underscoring the importance of transparency in the cryptocurrency sector.
More DetailsA new draft bill has been published in the United States proposing a regulatory framework for stablecoins. The bill would put the Federal Reserve in charge of non-bank stablecoin issuers, such as Tether and Circle. Insured depository institutions seeking to issue stablecoins would fall under federal banking agency supervision. The bill also includes a ban on issuing stablecoins not backed by tangible assets and proposes a study on "endogenously collateralized stablecoins."
More DetailsTether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health.
More DetailsTether's wallet-freezing policy, in line with US OFAC regulations, is a proactive approach to cybercrime, setting a new standard in the crypto industry.
More DetailsAccording to data from CoinMetrics, the total number of wallet addresses holding at least $1 million has topped 12 million.
More DetailsDespite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, according to a study by the Federal Trade Commission (FTC).
More DetailsTether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds.
More DetailsUS authorities are tightening regulations on cryptocurrencies. Here is an overview of what their recently released report suggests.
More DetailsTether's chief technical officer Paolo Ardoino denied borrowing from Celsius in response to Celsius' examiner report.
More DetailsMyanmar’s shadow political entity, the National Unity Government (NUG), has reportedly adopted the Tether (USDT) stablecoin as its primary currency to bypass the sanction from the military regime.
More DetailsTrading volumes between the Russian Ruble and the Tether cryptocurrency surged on Monday as Western powers slapped sanctions on Russia over the Ukraine-Russia war.
More DetailsTether has cut down all commercial paper exposure from its reserves. The firm said the move is part of its ongoing efforts to increase transparency.
More DetailsThe Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.
More DetailsJudge Cohen reportedly decided to give a 90-day extension to the case, which will give the New York Attorney General’s office to continue investigating. Judge Cohen also dismissed Bitfinex and Tether’s motion to appeal after the ruling.
More DetailsOobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.
More DetailsTether, the leading blockchain-enabled platform behind the widely used stablecoin, USD₮, has achieved a significant milestone by surpassing its previous all-time high market cap of $83.2 billion, which was set in May 2022.
More DetailsHindenburg Research is offering a $1 million bounty to anyone that can provide information about Tether’s stablecoin reserves.
More DetailsTether Holdings Ltd, the USDT stablecoin issuer, has once again rebutted growing rumours about the composition of its reserve base. The issuer said they have no Renminbi holdings on its reserve.
More DetailsPaolo Ardoino, Tether's CTO, recently discussed the role of Tether Gold ($XAUT), Bitcoin, and gold in the evolving economic landscape.
More DetailsArgentinians have taken refuge in stablecoins after the nation’s economy minister Martin Guzman resigned over the weekend attributed to the financial crisis crushing the South American country.
More DetailsThe Tron Dao reserve is now set to purchase 1 billion USDT to combat short sellers and bring the stablecoin USDT back to its normal price.
More DetailsTwo US cryptocurrency exchanges Bittrex and Poloniex have been added to a class-action lawsuit that alleges billions of unbacked Tether stablecoin were used to manipulate Bitcoin prices. The two US exchanges have been added as defendants in an ongoing lawsuit against Tether and Bitfinex. Poloniex and Bittrex have been summoned to appear to the court because of their alleged involvement in the manipulation of Bitcoin price during the bull run in 2017.
More DetailsTether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
More DetailsTether.to, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has surpassed US$20 billion, driven purely by community and utility.
More DetailsAccording to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.
More DetailsBlockchain startups Bitfinex and Tether have launched a P2P video calling application dubbed Keet, enabling users to access applications and enjoy the freedom of speech.
More DetailsAs the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to rage on.
More DetailsGemini co-founder Cameron Winklevoss believes that the next Bitcoin bull run coming up will be "dramatically different,” due to the innovative financial resources that crypto investors have access to nowadays and to the current economic infrastructure.
More DetailsTether and cryptocurrency assets valued at nearly $50 billion left China in 2019 according to Chainalysis.
More DetailsThe US Department of Justice has filed a suit against North Korean state-sponsored cyber hackers for allegedly perpetrating two major cryptocurrency heists.
More DetailsTether CTO Paolo Ardoino announced last Friday, that a group of Chinese traders had mistakenly sent their funds to Swerve, a clone of Curve Finance.
More DetailsTether's Q2 2023 report reveals $72.5B in US Treasuries exposure and profits over $1B, affirming financial stability.
More DetailsMajor banks set to challenge Tether's stablecoin dominance, leveraging trust, compliance, and technology in a rapidly evolving market.
More DetailsTether's recent withdrawal of 8,888.88 BTC from Bitfinex, resulting in a 10th place ranking among Bitcoin holders and a substantial profit, demonstrates its growing influence in the cryptocurrency market.
More DetailsThe OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
More DetailsMajor cryptocurrency firms, including Tether, Crypto.com, Gemini, BitMEX, and others, have denied exposure to dissolved U.S. banks like Silicon Valley Bank and Signature Bank. The firms have taken to social media to assure their users that their funds are safe and accessible despite ongoing issues in the U.S. banking system.
More DetailsThe Appellate Division of the New York Supreme Court has ruled that Bitfinex is legally allowed to withhold documents pertaining to the alleged cover-up of an $850 million loss on its trading platform.
More DetailsGlobal standard-setting organisations are helping the Financial Stability Board evaluate DeFi legislation in numerous countries.
More DetailsMoore Cayman, an Independent Auditor has validated that Tether Holdings has enough reserve cash for its issued stablecoin of the USDT.
More DetailsBitfinex has integrated Tether Gold transactions via the Polygon zkEVM transport layer, marking a significant step towards cost-effective and secure digital asset transactions from October 11, 2023.
More DetailsBrock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.
More DetailsPresidential hopeful Brock Pierce was served a court summons during his electoral rally at his new headquarters in New York City today.
More DetailsAccording to a Bloomberg report, the DOJ has reopened a probe into Tether to see if it violated US banking laws
More DetailsTether's recent billion-dollar minting for inventory replenishment has sparked debates on transparency, impact, and potential market influences, despite significant growth.
More DetailsThe subject of CBDCs has garnered a lot of thoughts from experts in the cryptocurrency ecosystem; one of them is Tether CTO Paolo Ardoino.
More DetailsTether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
More DetailsThe Wall Street Journal reported that four persons owned 86% of Tether Holdings Limited in 2018.
More DetailsChinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.
More DetailsStablecoin is a compromise on absolute money issuance power and the adoption of disruptive blockchain technology. Stablecoin will have a profound impact on the infrastructure of future financial systems.
More DetailsTether’s USDT token, the world’s largest stablecoin by marketcap, has launched on the Bitcoin Cash network. USDT is also available on Algorand, EOS, Tron, Omni and the Liquid Network.
More DetailsBased on continuous efforts to decrease its commercial paper portfolio for transparency purposes, Tether revealed that it would slash its holdings by $5 billion by the end of July.
More DetailsTether’s USDT, the world’s largest stablecoin by market cap, is now available on the Near Network proof-of-stake blockchain.
More DetailsTether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
More DetailsBoyaa Interactive plans to invest $100 million in cryptocurrencies, focusing on Bitcoin, Ether, and stablecoins, while ensuring secure platforms in the volatile crypto market.
More DetailsTether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
More DetailsIt is already about a year since China banned transactions involving digital currency transactions, and a Chaoyang Court in Beijing has further reiterated that cryptocurrencies are not legal tender.
More DetailsPaolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."
More DetailsThe market capitalization of leading stablecoin Tether (USDT) has been on a roller coaster ride after surging by $1 billion in a record 9 days to hit $19 billion.
More DetailsTether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions
More DetailsCircle's newest reserve report shows $44.5 billion USDC stablecoin assets.
More DetailsDuring the March 12 stock market crash instigated by the coronavirus pandemic’s disruption to the world economy, cryptocurrency exchanges experienced a massive sell-off of Bitcoin and Ethereum. When the liquidation panic finally settled down, Bitfinex emerged as one of the few exchanges that had been able to take the extreme volatility in stride.
More DetailsTether Operations Limited (USDT issuer), the driving force behind the highly adopted stablecoin blockchain platform tether.to, has magnified its presence in Georgia's cryptocurrency landscape through a strategic investment in CityPay.io.
More DetailsTether Executives and the firm are up for probe by the US department of justice on accounts of bank fraud
More DetailsOKEx exchange officially announced establishing a strategic partnership with CuboPay, a local payment processor in Brazil. Exchange users are now allowed to use Brazilian real through PIX in exchange for Tether purchases.
More DetailsTo eliminate overreliance on a single type of stablecoin, Seychelles-based crypto exchange @Bit.com has rolled out USD perpetual trading, starting with BTC/USD and ETH/USD pairs.
More DetailsRecent data analysis reveals that Alameda Research minted $39.55 billion USDT, nearly half of Tether's circulating supply. The findings underscore the significant role of major crypto trading firms in stablecoin operations, with a detailed examination of USDT's creation and redemption processes.
More DetailsThe Bitcoin price has rallied as the Tether FUD clears and Square revealed an additional $170 million BTC purchase, however, analysis reveals the BTC downtrend is not over.
More DetailsStablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.
More DetailsWhile the broader cryptocurrency market is still reeling from a multi-year bear market since 2017, stablecoins like Tether are seeing action. Billions of dollars in USDT have been issued since its launch and the addition of Tron-backed stablecoin issuance, coupled with the now-concluded Bitcoin halving, signals a volatile period ahead for crypto traders and investors.
More DetailsTether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.
More DetailsTether Limited recently expanded its reach across various blockchain platforms by launching its stablecoin (USDT) on the Polkadot network
More DetailsNorth Korean groups were linked to 33% of 2023's crypto thefts, stealing up to $700M. Their methods evolved, involving crypto mixers and converting assets to Tether or Tron, highlighting the ongoing cyber threat from DPRK.
More DetailsBDO, a global accounting company, has attested Tether's reserves.
More DetailsTether introduces a robust blockchain recovery plan to secure USDT tokens and ensure uninterrupted access across multiple blockchains.
More DetailsStablecoin issuer Tether Operations Limited (“Tether”) has announced plans to launch Tether tokens (GBPT) pegged to the British Pound Sterling in early July.
More DetailsTether (USDT) has regained its 1-to-1 peg with the dollar after briefly dropping to 94.55 cents, its lowest since December 2020.
More DetailsTether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.
More DetailsTether Operations Limited (Tether), the company behind the renowned blockchain-powered platform tether.to and the world's leading stablecoin, has revealed its plans to introduce U.S. dollar-pegged Tether tokens ("USDT") on Kava. Kava is a layer-1 blockchain specifically designed to offer scalability and high speed.
More DetailsTether partners with Uzbekistan's NAPP to develop blockchain and peer-to-peer telecommunication, aiming to fuel innovation and economic growth.
More Details