Stablecoin issuer Tether accessed US banking system using Signature: Report

2023-4-5 00:31

At the time New York regulators took control of Signature in March, there was reportedly a system in place for Tether clients to send dollars through the bank’s Signet platform.

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Источник: cointelegraph.com

system tether → Результатов: 37

Tether works on real-time reserve report system: Bloomberg

Paolo Ardoino, Tether’s chief technical officer and incoming CEO, said the firm is working on a system of real-time publishing reserve data, according to a report.

2023-10-22 16:08
system tether report reserve real-time firm working

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Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg

Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank.

2023-4-5 23:11
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Tether, Holepunch, and Synonym launch P2P credit system Pear Credit

Tether, the company behind the world’s largest stablecoin Tether (USDT/USD), has together with encrypted protocol Holepunch and Bitcoin-focused platform Synonym, unveiled a new peer-to-peer (P2P) credit system.

2022-10-29 20:03	Tether
tether credit system p2p holepunch synonym protocol

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Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says

The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday.

2022-10-4 20:32	policy
new financial york smaller risks could increase

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Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The combined market capitalization of the two largest stablecoins, tether and USD Coin, has begun to fall again, a sign that quantitative tightening in the crypto financial system has resumed.

2022-8-31 14:02	Markets
market again fall sign begun coin resumed

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WebMoney adds support for Tether (USDT) wallet units

WebMoney, an e-currency payment system, announced today it has added a new type of title unit – WMT – with accounting in stablecoin Tether (USDT). 1 WMT corresponds to 1 USDT. USDT tokens are supported on Ethereum and Binance Smart Chain; while Tron and other chains will be added later.

2022-7-19 22:15	Wallets
usdt added webmoney wmt tether ethereum adds

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What you should know about Tether's LN plan to bring hyperbitcoinization

Bitcoin - While some consider it a store of value, others consider it the future of finance. Hyperbitcoinization is the point where Bitcoin actually becomes the default currency system of the world.

2021-11-18 01:30	BTC Trading View
bitcoin consider hyperbitcoinization point finance future actually

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Miner Returns $2.2 Million In Fees Mistakenly Paid by Crypto Exchange Bitfinex

Cryptocurrency exchange Bitfinex paid a whopping $23. 57 million in transaction fees to deposit $100,000 in what appears to be a bug in the system. The exchange was actually moving the amount in stablecoin Tether (USDT) to the decentralized exchange DeversiFi, which shared the mishap on Twitter.

2021-9-29 18:22	Bitfinex
exchange paid fees million bitfinex amount stablecoin

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Tether flips Bitcoin: 20B+ on the cards for USDT in 2020?

The cryptocurrency market has provided an alternative to the age-old banking system, with the year 2020 at the fore of showcasing its ability to swiftly bounce back after the pandemic hit global markeThe post Tether flips Bitcoin: 20B+ on the cards for USDT in 2020? appeared first on AMBCrypto.

2020-8-27 21:30	BTC Trading View
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Tether's rising supply points at cautious investors

The crash that shook every market on 12 March highlighted inefficiencies in the financial system. As the market collapsed in the blink of an eye, Paolo Ardoino, CTO of Tether and Bitfinex opined that The post Tether's rising supply points at cautious investors appeared first on AMBCrypto.

2020-6-11 00:00	BTC Trading View
tether market supply investors cautious rising points

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BTC-Alpha has integrated the purchase of cryptocurrency with bank cards

At BTC-Alpha, you can now purchase cryptocurrency using credit or debit cards. The purchase process is completed via a third party – the Mercuryo processing system. Fully verified users can purchase any of four cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT) or Tron (TRX).

2020-2-29 20:42	Sponsored
purchase cryptocurrency btc-alpha cards users ethereum eth

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Bitfinex and Tether Get Dragged to Court for Second Lawsuit, Alleging BTC Price Manipulation

Bitfinex was previously brought to court over research that revealed that Bitfinex and Tether participated in price manipulation. Bitfinex stated that the research is “foundationally flawed.” Bitfinex and Tether have become no strangers to the legal system recently with the plentiful media attention on their honesty (or lack thereof) over what their platforms hold. Now, […]

2019-11-26 01:33	Bitfinex
bitfinex tether court manipulation research price system

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Tether Lurks In The Shadows As Financial Stability Board Is Blinded By Libra

In the wake of the 2008 Global Financial Crisis, the G20 established the Financial Stability Board (FSB) with the objective to propose initiatives to “build a more resilient financial system, addressing the fault lines that caused the global financial crisis.

2019-10-30 17:11	Tether
financial board stability global fsb fault tether

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Tether (USDT) Stablecoin Sets Sights on Lightning Network Launch

The peer-to-peer system of nodes carries a limited amount of Bitcoin (BTC), but Tether has set out to make it available for USDT.

2019-6-3 15:30	News
tether usdt btc bitcoin set out available

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Is KaratGold Coin (KBC) the Answer to Tether’s Phony Reserve System?

Another week in crypto, another sudden price crash. This time the blame goes to Tether and Bitfinex. The New York Attorney General alleges that Bitfinex had an $850 million shortfall (let that news on its own sink in for a moment!).

2019-5-21 18:33	pr
tether bitfinex million system another karatgold kbc

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Why We Should Never Hope For A Central Bank Of Bitcoin

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve. Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com.

2019-5-15 10:00
bitcoin bank central should demeester never hope

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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future

Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.

2019-5-13 16:37	Investing
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Liquid Network Expands With New Memberships and Integrations

Blockstream's Liquid Network has expanded to include 14 new members. With these additions, Liquid’s client base now boasts 35 institutions. The company also announced that Liquid is now available on Bitfinex and RenrenBit, a crypto finance app.

2019-5-8 18:47	Adoption & community
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WOX ICO

WOX is the First Hybrid Intelligence Decentralized Cryptocurrency Exchange & Payment System in the World. Cross-chain decentralized exchange between Bitcoin, Ethereum, Tron, Tether, Litecoin, EOS, Neo, Nem and tokens. WOX is backed by BTCBear DEX.

2019-4-7 16:30
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What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.

2019-3-29 16:26	Digital assets
bitcoin defi decentralized services finance like ethereum

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Bitcoin Cash-Focused Ifwallet Implements Cash Accounts Name System

Last month, on the 10th anniversary of the Bitcoin genesis block, Bitcoin Cash (BCH) developer Jonathan Silverblood launched his Cashaccount. info platform. The Cash Accounts platform allows users to tether human-readable names to BCH addresses in order to make payments easier.

2019-2-15 20:01
bitcoin cash bch ifwallet accounts platform cash-focused

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New CashAccount.info ID System Allows For Bitcoin Cash (BCH) Human Readable Account Names

Tie Your Name To Your Bitcoin Cash Address Through The Tether System From Cashaccount.info Jonathan Silverblood, a major proponent and member of the dev team for Bitcoin Cash has announced the creation of a brand new identification system which he designed that allows for the tethering of a human readable alias to accompanying payment information. […]

2019-1-3 20:50	News
bitcoin cash system your new readable human

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Bitfinex Gives Tether Competition, Adds Four of Market’s Top Stablecoins

Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).

2018-12-4 21:02	Digital assets
bitfinex stablecoins tether exchange both ethfinex usd

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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC

Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.

2018-11-22 22:05	Digital assets
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Op Ed: Anatomy of the Tether Attack: Are Stablecoins Vulnerable?

“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.

2018-11-15 18:50	Op-ed
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Coinbase Just Added Its First Stablecoin

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC).

2018-10-24 20:14	Digital assets
coinbase stablecoin circle usdc company blog coin

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Bitcoinfiles.com Developers Launch Censorship-Resistant File Storage System

On Friday, Oct. 19, the developers of Bitcoinfiles. com launched the first official version of the product. Now anyone from around the globe can tether a file (5kb or less) to the BCH chain, ensuring its resistance to censorship.

2018-10-21 04:05
storage bitcoinfiles bitcoin developers censorship-resistant system launch

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Long-Time Critic Explains Why Bitfinex is Unable to Work With Banks

Bitfinex’ed, a long-time critic of Bitfinex and Tether LLC, a company that oversees the development of stablecoin Tether (USDT), has stated in an interview with Modern Consensus that the “pretend KYC/AML” system of Bitfinex is preventing the exchange from obtaining banking services.

2018-10-18 18:00	Tether
bitfinex critic long-time tether exchange explains unable

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Maker (MKR) Price Up over 25% – Biggest Gainer Today

If you haven’t heard of Maker, it is a token that is part of a stablecoin system composed of both MKR and DAI. Unlike Tether and other stablecoins, Maker does not rely on banks to provide stability, but instead relies on Collateral Debt Positions (CDPs).

2018-10-9 03:13
maker mkr today price gainer biggest collateral

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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
tether stablecoin coins model stablecoins dai these

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Hong Kong–Based Blockchain Fund Makes Its Case for Yen-Backed Stablecoin

Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).

2018-9-19 00:42	Digital assets
grandshores stablecoin fund blockchain plans bank stablecoins

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Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises

A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.

2018-9-11 17:57
bitcoin week stellar one lightning projects sachs

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Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines

Over the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system.

2018-8-28 21:55
miner new mining pangolin machines miners compete

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Yes, Stablecoins Can Secure Official Audits from Major Firms

“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.

2018-7-26 18:55	Digital assets
tether company reiss funds trusttoken smart trueusd

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Report: Trump eyes Tether custodian Lutnick for Commerce Chief

Cantor Fitzgerald CEO Howard Lutnick may join the cabinet being formed by President-elect Donald Trump.

AGLD soars 288% after Upbit launched 12 new crypto tokens on Nov. 13

South Korean crypto exchange Upbit is expanding its USDT market by adding 12 new crypto tokens to its listings. One of the tokens saw its price soar to nearly 300% after its launch. According to Upbit’s notice, the crypto exchange…

Tether’s AI ambitions take shape with two new development kits

Tether moves towards supporting AI-powered products via its new software development kits.

Tether debuts WDK to bring non-custodial wallet access to humans and AI

Stablecoin issuer Tether has unveiled a wallet development kit allowing developers and businesses to integrate non-custodian wallets for Bitcoin and USDT into apps and websites. According to a Nov. 11 announcement, the WDK wallet development kit is designed for both…

Tether helps Canadian police recover stolen crypto

Tether recently assisted the Ontario Provincial Police in recovering $10,000 CAD worth of stolen cryptocurrency. This recovery was achieved through Tether’s collaboration with the OPP’s Cyber Investigations Team, showcasing the company’s commitment to supporting law enforcement in combating cybercrime. Tether…

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

Nigerian Court fines two crypto firms over illegal USDT to naira transaction

Nigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media outlet Nairametrics, the Federal High Court in Abuja convicted two crypto companies, Egomsinachi Road Autos Limited and Chimera…

2023-4-5 00:31

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