10 / 17 Relevant items tagged with #USDt
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Cantor Fitzgerald CEO Foresees Bitcoin Rally at Next Halving, Affirms Tether’s Reserves are Solid
[Jan 16, 2024 2:30 PM] Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor…
Wall Street CEO on Tether Controversy: 'They Have the Money'
[Jan 16, 2024 12:39 PM] Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behemoth: Does Tether have the…
USDT at the Heart of Pig Butchering Scams Says the UN
[Jan 16, 2024 5:30 AM] The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are…
Tether Hits Back at UN Report Alleging Role of USDT in Illicit Activity in East Asia
[Jan 16, 2024 5:25 AM] Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia.
Stablecoin Takeover? Record Tether 71% Dominance Raises Questions About Crypto Future
[Jan 16, 2024 4:00 AM] Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: a United Nations report linking USDT to a…
PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten
North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging Than Anyone Else
[Jan 10, 2024 6:30 AM] North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year are traced to the…
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
[Jan 3, 2024 9:29 AM] Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
Supply of Stablecoins on Ethereum Protocol 30% Lower Than in 2022 — Study
[Dec 21, 2023 1:30 AM] The supply of stablecoins on the Ethereum chain has dropped by more than 30% from the peak of $100 billion to $66 billion since 2022. The study data shows BUSD and USDC as the two stablecoins which caused the overall market value to fall from $139…
Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
[Dec 19, 2023 4:30 AM] The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global networks like Visa and Mastercard in the stablecoin business will likely…
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
[Dec 17, 2023 7:30 PM] Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are…
Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise
[Dec 13, 2023 7:54 PM] Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars.
Is A Mega Bull Run Incoming? Whale Transfers Over $780 Million Of Stablecoin To Binance
S&P Faults Biggest Stablecoin, Tether's USDT, as It Debuts New Industry Ranking
[Dec 13, 2023 9:58 AM] USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
Cantor Fitzgerald CEO Howard Lutnick Is a Bitcoin Maxi and Tether Fan
[Dec 13, 2023 1:29 AM] Cantor Fitzgerald is one of the custodians for Tether's $90 billion worth of treasuries.
Bitcoin Rushes To Exchanges, But This Sign Remains Positive For The Bulls
[Dec 12, 2023 1:30 PM] On-chain data shows an increasing trend of Bitcoin moving to exchanges, a typical bearish sign, but another signal still remains optimistic for the bulls. Bitcoin Exchange Inflows Are Up, But So Are USDT Deposits According to data from the on-chain…
Tether Launches New Security Policy, Freezes 41 Sanctioned Wallets
[Dec 10, 2023 4:40 AM] Stablecoin issuing company Tether has announced a new security policy aimed at protecting the crypto ecosystem from bad actors. In addition, the USDT issuer is looking to enhance its cooperation and relationship with law enforcement agencies…
Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities
[Dec 10, 2023 4:30 AM] Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze…
Tether Freezes 41 Crypto Wallets Tied to Sanctions
[Dec 9, 2023 2:50 PM] Stabelcoin issuer Tether blacklisted 41 wallets controlled by people on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List on Saturday.
Tether (USDT) Cap Approaches $90 Billion: Why This Affects Bitcoin
[Dec 6, 2023 10:00 AM] Data shows that the Tether (USDT) market cap is almost $90 billion. Here’s why this growth could matter for the price of Bitcoin. Tether Market Cap Has Continued To Observe A Rise Recently Tether is a cryptocurrency pegged to the US Dollar…
Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?
[Dec 5, 2023 3:58 PM] Bitcoin price keeps going up but retail traders are not piling in yet. Cointelegraph explores why.
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…
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.
$3.1 Billion TUSD Stablecoin Shaky, Briefly Depegs—What’s Happening?
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…
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
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.