2022-6-16 12:50 |
Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.
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In spite of being a controversial asset whose backing has often been questioned, Tether [USDT] was the third biggest crypto by market cap at press time, with more than $82 billion to its name. Adding The post What USDT returning to the exchanges tells us about the state of altcoins this week appeared first on AMBCrypto.
2022-4-5 22:30 | |
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Исследовательская компания Hindenburg Research предложила награду в размере $1 млн за раскрытие ранее неизвестной информации об обеспечении стейблкоина Tether (USDT). We have doubts about the legitimacy of Tether, so today we announce the Hindenburg Tether Bounty Program, a reward of up to $1,000,000 for details on Tether’s backing.
2021-10-21 16:16 | |
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World’s largest stablecoin operator Tether Limited has petitioned the courts not to accede to CoinDesk’s request in a filing. Tether Slams The Door On CoinDesk Earlier this week, the popular stablecoin company asked a New York judge to block disclosure efforts from the industry news outlet.
2021-9-1 19:08 | |
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Dominant stablecoin issuer Tether is looking for someone to “become an advocate for the company in social media spaces” and maintain a positive sentiment for the brand. The post Tether is Hiring a “Reputation Manager” to Fight USDT Backing FUD first appeared on BitcoinExchangeGuide.
2021-7-8 16:49 | |
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Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins.
2021-7-3 20:31 | |
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What defines collateral and value? Recent insights from Caitlin Long, a Wall Street veteran and the Founder and CEO of Avanti Financial Group, took a look at the investment reserve disclosure from Tether Operations Limited, the company behind the USD-pegged stablecoin, USDT.
2021-6-17 20:16 | |
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Денежные средства и их эквиваленты сформировали 76% резервов Tether Holdings Limited. Такие данные содержатся в квартальном отчете эмитента USDT по состоянию на 31 марта 2021 года. 📢Tether releases quarterly information about the composition of its reserves backing issued tether tokens ⬇️https://t.
2021-5-13 19:53 | |
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Денежные средства и их эквиваленты сформировали 76% резервов Tether Holdings Limited. Такие данные содержатся в квартальном отчете эмитента USDT по состоянию на 31 марта 2021 года. 📢Tether releases quarterly information about the composition of its reserves backing issued tether tokens ⬇️https://t.
2021-5-14 19:53 | |
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Dominant stablecoin USDT issuer Tether Holdings Limited has released its quarterly report providing the breakdown of its reserves backing the issued Tether tokens. As part of the settlement deal with NYAG, Tether will be releasing these breakdowns on a quarterly basis for the next two years.
2021-5-13 18:05 | |
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Popular stable coin company Tether has released its consolidated reserves report, backing all USDT. The post Tether Releases Consolidated Reserves Report, Backing $50B in Assets appeared first on BeInCrypto.
2021-5-2 19:30 | |
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The NYAG found that Tether and Bitfinex misrepresented the assets backing USDT and obscured the loss of $850 million in user funds. The post Bitfinex, Tether Found To Misrepresent USDT Backing And Obscure User Fund Losses appeared first on Bitcoin Magazine.
2021-2-24 00:22 | |
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Crypto exchanges Bittrex and Poloniex have been issued a summons as part of a class-action lawsuit alleging that both entities were aware of USDT‘s questionable dollar backing. Bittrex and Poloniex... The post More Bitcoin Exchanges Added to Tether Manipulation Lawsuit appeared first on Crypto Briefing.
2020-6-6 14:28 | |
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Tether (USDT) is still the stablecoin of choice for most crypto traders. Despite criticism about Tether, Inc. not having complete fiat backing, as well as the banking troubles of iFinex, the coin is still widely used.
2019-12-1 20:08 | |
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One of the Directors of VanEck, the New York-based investment firm, has gone from defending Tether (USDT) to calling on the US to embrace Bitcoin and distributed ledger technology in the face of a burgeoning arms race.
2019-10-14 14:15 | |
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No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […] The post Tether tops the list on institutional usage despite ongoing backing irregularities appeared first on AMBCrypto.
2019-6-23 16:30 | |
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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 | |
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TrueUSD, a stablecoin and competitor to industry leading Tether, has announced the results of a full audit that reveals the coins are fully backed by U. S. Dollars. Compared to Tether and the USDT token, TrustToken–the.
2019-4-10 01:42 | |
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Tether, the market-leading stablecoin in both market capitalization and controversy, made changes to its legal terms of service that indicate that USDT is not fully backed one-to-one by US dollar reserves.
2019-3-26 10:42 | |
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The controversy surrounding the backing of Tether’s USDT tokens has resurfaced following a recent alteration to the company’s terms of service that now state the reserves backing USDT comprise “traditional currency and cash equivalents and … other assets and receivables from loans made by Tether to third parties.
2019-3-18 17:48 | |
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A shift in wording suggests that the Tether company is backing some USDT with loans, in effect inflating the money supply without direct dollar inflows.
2019-3-15 12:33 | |
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A report by Bloomberg is shedding light on Tether’s finances and suggests that Tether may be fully-backed by US dollars in a bank account. The financial news publication was able to gain access to documents that appear to show that Tether has sufficient fiat currency to underwrite its dollar-backed cryptocurrency.
2018-12-21 20:00 | |
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Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct.
2018-12-20 11:34 | |
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Tether has been a stablecoin from the start, which is what they’ve claimed. There’s been numerous reports about their validity as such, and there’s been documentation provided that is rumored to be false.
2018-12-18 22:08 | |
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Tether (USDT), Cryptocurrency, Stablecoins–Just as the controversy surrounding the USDT stablecoin by Tether appeared to be subsiding, the company is now handling questions in relation to its partnership with recently announced Deltec Bank & Trust Ltd.
2018-11-6 04:17 | |
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Crypto startup Stably has just launched its StableUSD, a dollar-backed competitor to the reigning tether (USDT) stablecoin.
2018-11-2 20:30 | |
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Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance. Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above their pegs.
2018-10-17 01:17 | |
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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 | |
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The USDT digital asset uses Noble Bank for its dollar backing, but allegations of insolvency have shaken the market.
2018-10-1 12:27 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-16 21:30 | |
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Cryptocurrency exchange DigiFinex on Friday replaced Tether (CRYPTO: USDT) with TrustToken’s stablecoin called TrueUSD (CRYPTO: TUSD). DigiFinex said on its website that it had concerns about the existence of U.
2018-9-17 21:30 | |
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University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.
2018-9-13 18:07 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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USD Tether, the stablecoin which reportedly has 1:1 USD backing through reserve banking, has just printed 250 million USDT tokens. This may be indicative of a deposit of $250 million in USD Tether’s bank accounts.
2018-6-26 13:30 | |
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USD-linked stablecoin has printed another quarter-billion USD, representing a significant injection of capital into the ailing cryptocurrency market. The issuance of the new USDT, historically linked with a surge in positive market action.
2018-6-26 13:06 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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What’s behind Bitcoin’s historic rise to $108,000? From Trump’s speech to ETFs and MicroStrategy’s massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17,…
On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization.
Former Binance CEO Changpeng ‘CZ’ Zhao creates a thread on X, showcasing news headlines that point to governments establishing strategic Bitcoin reserves, much like the plans introduced in the U.
What if Amazon added Bitcoin to its balance sheet? With BTC up 125% this year, some shareholders argue it’s the perfect moment to explore the crypto market. Amazon under pressure to add Bitcoin to reserves Amazon, one of the largest…
Representative French Hill, the next House Financial Services Committee chair, foreshadowed crypto policy pain points to focus on under the next U.S. administration.
Rep. French Hill has won the Republican race to become the next Chair of the U.S. House Financial Services Committee. Crypto-friendly Hill defeated Rep. Andy Barr of Kentucky, Rep. Frank Lucas of Oklahoma, and Rep. Bill Huizenga of Michigan to…
BlackRock recommended a Bitcoin allocation size for the first time, likening the digital asset to Wall Street’s “magnificent 7”.