13 / 22 Relevant items tagged with #Tether

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Tether Strikes Gold In Bitcoin: Profits Soar Above $1 Billion Amid Bull Market

[Dec 5, 2023 1:00 PM] Tether, known for its USDT stablecoin, has recently made headlines with its Bitcoin holdings soaring in value, generating a profit exceeding $1 billion. Notably, this significant financial gain can be attributed to the stablecoin issuer’s…

Tether Blacklists Over 30 USDT Wallets

[Dec 4, 2023 1:30 PM] Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted…

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas

[Nov 29, 2023 1:57 PM] The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders…

Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns

[Nov 29, 2023 10:28 AM] Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.

Tether’s ‘new era for capital raises’ Bitfinex bond flops

[Nov 28, 2023 10:26 PM] The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch.

Santiment Reveals Trigger Behind Bitcoin Rally: Will This Signal Reignite?

[Nov 27, 2023 6:00 PM] The on-chain analytics firm Santiment has explained how Tether (USD) and USD Coin (USDC) exchange inflows preceded the recent Bitcoin rally. Bitcoin Rally May Restart If Stablecoins See Further Exchange Deposits In a new post on X, Santiment…

Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment

[Nov 27, 2023 5:00 PM] Ether price struggles amid regulatory concerns and a drop in DApp usage.

Bitcoin traders' bullish bias holds firm even as BTC price dips to $37K

[Nov 27, 2023 3:40 PM] BTC's correction reveals a disconnect between pro traders' confidence and retail investors' skepticism amid regulatory shifts.

End of an Era: CZ Steps Down, SEC Names More ‘Securities,’ as US Crypto Crusade Continues — Week in Review

[Nov 26, 2023 7:30 AM] Bitcoin.com News reported this week that leading crypto exchange Binance will settle with the United States Department of Justice (DOJ) for $4.3 billion, related to breaching anti-money laundering and sanctions regulations. The well-known face of…

Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request

[Nov 24, 2023 11:42 AM] The firms said opposition doesn't mean a "wholesale release" of all documents.

Tether, Bitfinex agree to drop opposition to FOIL request

[Nov 24, 2023 7:42 AM] Tether and Bitfinex say the decision not to appeal the Freedom of Information Law request by several media outlets was made in the interests of "transparency."

City of Lugano integrates Polygon into its crypto payment system

[Nov 23, 2023 2:57 AM] Polygon has been a partner of the Swiss city since at least 2022, providing the infrastructure for its stablecoin.

US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams

[Nov 22, 2023 11:00 PM] The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of…

Rethinking Bitcoin 'dominance' at 51% — A misleading metric?

[Nov 22, 2023 12:16 AM] Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto "altcoins" should be in the same category at all that is.

US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether

[Nov 21, 2023 11:45 AM] Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.

Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ

[Nov 21, 2023 9:15 AM] The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig butchering" scams.

Tether’s bank partner Britannia sued over $1B deposit: Report

[Nov 21, 2023 7:14 AM] Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether.

Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT

[Nov 21, 2023 3:31 AM] Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.

Tether Freezes $225 Million in USDT After DOJ Investigation, Calling It ‘Largest-Ever Freeze of USDT’

[Nov 20, 2023 6:30 PM] Tether has announced the “largest-ever freeze of USDT in history.” In collaboration with crypto exchange Okx, Tether froze $225 million in USDT following an investigation by the U.S. Department of Justice (DOJ). The tokens were…

Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

[Nov 20, 2023 9:02 AM] The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.

Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation

[Nov 20, 2023 8:16 AM] Stablecoin issuer Tether has frozen $225 million worth of its stablecoin following an investigation by the U.S. Department of Justice (DOJ) into an international human trafficking syndicate in Southeast Asia.

Tether Charts Strategic Course in Bitcoin Mining, Plans $500 Million Infusion

[Nov 16, 2023 4:00 PM] Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the…

Tether plans major expansion into BTC mining with $500M investment: Report

[Nov 16, 2023 1:00 PM] Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push.

Tether credits USDT growth surge to ETF excitement, emerging markets

[Nov 14, 2023 7:28 AM] Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year.

First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded

[Nov 13, 2023 3:36 PM] Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval.

Stablecoin firm Tether minted 4B USDT in 4 weeks: Data

[Nov 13, 2023 4:23 AM] Tether has minted 4 billion USDT over the past month, which accounts for nearly 18% of all USDT issued so far in 2023.

Tether Achieves Lifetime High With $86.51B Valuation; Tron Version Surpasses ETH in Several Metrics

[Nov 10, 2023 12:30 PM] This week, the leading stablecoin by market capitalization attained a valuation of $86.51 billion, following a supply surge of 3.6% in the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain…

A Chat With Paolo Ardoino: What’s Behind The Bitcoin Price Rally, New Role As CEO, And Adoption

[Nov 9, 2023 12:00 PM] A year ago, our team sat down with Paolo Ardoino, CTO at crypto exchange Bitfinex, to talk about the Bitcoin price and the events that, for many, triggered the long crypto winter: the FTX collapse, and the downfall of major companies in the space…

US lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

[Nov 9, 2023 7:04 AM] The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether.

U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT

[Nov 8, 2023 4:20 PM] Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.