[Feb 2 12:30 PM] Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether…
[Feb 2 12:14 AM] Recent data reveals the stablecoin sector has grown by an additional $14.429 billion in value since Jan. 1, signaling renewed momentum in digital asset markets. Leading this upward trajectory, the dollar-pegged sky dollar (USDS) experienced a 116%…
[Feb 1 10:30 AM] Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4…
[Feb 1 5:30 AM] Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an…
[Jan 31 11:30 PM] Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin’s ‘Unmatched’ Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will…
[Jan 31 7:45 PM] The cryptocurrency market appears primed for an extended rally as stablecoin liquidity reaches unprecedented levels, fueled by the rapid expansion of tether (USDT) and Circle’s USDC, according to an end-of-the-month analysis from blockchain…
[Jan 29 9:30 PM] Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT…
[Jan 24 8:30 PM] The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the…
[Jan 19 3:15 PM] XRP inches closer to overtaking ETH, Crypto inaugural Ball, Trump’s first-day Executive Orders and more in this Week in Review. Week in Review XRP’s price surge this week brings it closer to overtaking Ethereum. The U.S. crypto scene…
[Jan 17 11:30 AM] TRM Labs highlighted that Tron experienced the largest decline in volumes linked to illicit activity during 2024, with a reduction of $6 billion, almost halving the numbers registered in 2023. It stated that this is in part thanks to the actions of…
[Jan 14 8:30 AM] Tether, the company behind USDT, has announced its imminent relocation to El Salvador after receiving a stablecoin issuer license. Paolo Ardoino, CEO of Tether, described this move as a natural progression that will allow the company to strengthen…
[Dec 23, 2024 8:30 PM] Tether is on track to end 2024 with over $10 billion in net profits with the company investing more than half of it this year. $10 Billion Net Profit for Tether in 2024 Tether, the largest stablecoin issuer in the world, is expected to end the year…
[Dec 10, 2024 2:21 PM] Abu Dhabi Global Market regulators have approved Tether’s USDT as an accepted virtual asset, opening the door to USDT financial services.
[Nov 7, 2024 4:10 PM] Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a…
[Nov 2, 2024 7:30 AM] On Thursday, Tether (USDT), the world’s largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach…
[Oct 25, 2024 8:26 PM] In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly…
[Oct 13, 2024 11:30 AM] In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in…
[Sep 10, 2024 3:40 PM] Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to…
[Aug 1, 2024 6:00 AM] Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report for the first half of the year, recording substantial gains that amount to nearly $1 billion per…
[Jul 31, 2024 5:30 PM] Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure…
[Jul 18, 2024 9:30 AM] Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to…
[Jun 17, 2024 9:00 PM] Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced Monday the creation of a new synthetic dollar backed by gold. The token, aUSDT, was developed on the company’s Alloy by Tether platform. By leveraging…
[May 18, 2024 3:52 AM] The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds.
[May 9, 2024 9:10 PM] Tether strongly criticized a Deutsche Bank report that raised concerns about the stability of stablecoins, including Tether’s dollar-pegged token, predicting a potential crisis similar to the 2022 collapse of Terrausd, which erased billions…
[May 3, 2024 11:16 AM] Since the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as…
[May 1, 2024 3:00 PM] Stablecoin issuer Tether, a prominent player in the cryptocurrency market behind the widely used USDT stablecoin, has released its audit statement for the first quarter of 2024, accompanied by a report conducted by independent accounting firm BDO. …
[Apr 27, 2024 5:20 PM] Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims…
[Apr 21, 2024 10:56 PM] Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration…
[Apr 19, 2024 10:00 AM] Tether, the company behind the largest stablecoin in the market, USDT, has made a significant expansion move that has propelled the Toncoin price, the native token of The Open Network (TON), by 17% in the past 24 hours. Tether Expands Reach To 15…
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