21 / 21 Relevant items tagged with #Tether

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Paolo Ardoino Talks FTX, Adoption And Self-Custody With NewsBTC

[Nov 16, 2022 5:03 PM] What happened here was not a mistake; it is not that they were hacked. They took several decisions to put at risk customer assets. The crypto industry saw dark days over the past week. FTX, the former second-largest exchange in the world, crumbled…

Ethereum price weakens near key support, but traders are afraid to open short positions

[Nov 16, 2022 11:59 AM] ETH price hovers at a key support level and while it is softening, data shows pro traders are reluctant to go short.

US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins

[Nov 14, 2022 1:30 PM] According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction…

Tether blacklists $31.4M USDT following FTX's alleged hack, Musk reacts

[Nov 12, 2022 2:18 AM] Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX developments in real time.

FTX funds on the move: bankruptcy proceedings, insider threat or a hack?

[Nov 11, 2022 11:30 PM] The wallet address in question received funds from various international and U.S.-based wallets linked to FTX, which amassed over 83,878.63 ETH (worth over $105.3 million) in just two hours.

Traders take a neutral position after Ethereum futures contracts see massive liquidations

[Nov 11, 2022 6:00 AM] ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations.

Tether CTO confirms no plans to rescue FTX

[Nov 10, 2022 11:08 PM] FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the CEO reportedly reaching out to multiple firms for help.

Major stablecoins destabilized as market volatility and redemptions surge

[Nov 10, 2022 10:24 PM] Nearly all major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize.

82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation

[Nov 10, 2022 2:30 PM] The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion.

Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

[Nov 10, 2022 12:30 PM] On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder…

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens

[Nov 10, 2022 10:00 AM] Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the…

Report: Tether freezes $46M of FTX's USDT on Tron blockchain, setting new precedent

[Nov 10, 2022 9:19 AM] Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.

Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles – What’s Going On?

[Nov 10, 2022 7:18 AM] The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like to admit. Moreover, there currently seems…

Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound

[Nov 10, 2022 7:09 AM] Tether follows TRON's USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.

Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals

[Nov 9, 2022 10:15 PM] "We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said.