2023-2-9 19:13 |
Tether Holdings, organization behind most prominent stablecoin, reported significant boost to reserve that supports globally traded digital asset USDT
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Tether is planning to introduce real-time reserve data reporting by 2024. Tether currently updates its reserve data daily and issues monthly and quarterly reports, According to its Q2 attestation Tether reserves had an excess of $3.
2023-10-20 17:00 | |
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Биткоин-биржа OKX опубликовала второй отчет о наличии резервов (Proof-of-Reserves) для подтверждения обеспечения активов пользователей. . @okx released its second proof-of-reserves report, revealing bitcoin, ether and tether reserve ratios of over 100%.
2022-12-24 19:12 | |
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Coinspeaker Tether Plans to Eliminate Secured Loans Held in Its Reserve in 2023 By a very large margin, Tether comes off as one of the top three companies operating as a Virtual Asset Service Provider (VASP) that receives a constant attack from mainstream media per its reserve.
2022-12-15 15:07 | |
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Tether co-founder Reeve Collins defended the company’s perceived lack of transparency, stating Tether has always redeemed every token for “exactly one dollar” despite having no clear proof of reserve.
2022-12-3 22:19 | |
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Cryptocurrency can be a polarising subject. Some believe it will change the world. They say we will live in a society with Bitcoin as the reserve currency; we will purchase our chai tea lattés in Starbucks with digital tokens, and then we will post them on social media domiciled in Web3, with everything running seamlessly […] The post Tether leads as pack chases, but is DAI as dead as Terra? – The stablecoin war, a Deep Dive appeared first on CoinJournal.
2022-11-1 17:28 | |
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Stablecoin issuer Tether has eliminated commercial papers from its USDT reserve, according to its latest reserve update. The post Tether reduces commercial paper reserves for USDT to zero appeared first on CryptoSlate.
2022-10-14 14:00 | |
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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 | |
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Insider information on Tether’s reserve revealed that as of September 30, the shadlecoin issuer had increased its United States Treasury bills to 58. 1% of its reserves while reducing its commercial paper exposure to below $50 million.
2022-10-4 17:02 | |
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Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm.
2022-9-23 19:35 | |
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The biggest news in the cryptosphere for September 21 includes Bitcoin tanking 6. 5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs looking to enable withdrawals in the upcoming Shanghai upgrade.
2022-9-22 02:24 | |
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The issue deals with a lawsuit that has been ongoing since October 2019.
2022-9-22 19:00 | |
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Tether said that it would also begin releasing attestations on a monthly instead of a quarterly basis. Tether Boasts New Accounting Firm Partnership Tethers attestations will now be conducted by...
2022-8-19 16:18 | |
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BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing.
2022-8-19 15:00 | |
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Tether has said that spreading false information about its reserve holdings is “the biggest threat to the cryptocurrency industry that currently exists.” Tether Denies Chinese Commercial Paper Exposure Tether has...
2022-7-28 17:41 | |
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The stablecoin issuer Tether has dismissed rumors concerning the heath of its commercial paper portfolio as completely false and likely spread to induce further panic. Tether Condemns False Backing Rumors...
2022-6-16 14:45 | |
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As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, USDT.
2022-5-21 17:00 | |
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Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report.
2022-5-20 17:49 | |
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The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio. “Over time, we will keep reducing the commercial paper, we aren’t finished yet with the reduction.
2022-4-15 22:20 | |
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Tether, the number one Stablecoin issuer, has released its attestation for the last quarter of 2021 yesterday, and there were lots of interesting figures. Tether slashes commercial paper holdings The USDT issuer has reduced its reserves allocation to commercial paper by over 20%.
2022-2-24 21:00 | |
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Hindenburg places a $1 million bounty on Tether for information on its reserves. The announcement is coming less than a week after the stablecoin issuer was slammed with a fine for misrepresenting the true nature of their reserves.
2021-10-23 13:12 | |
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A research company is offering a big bounty for information leading to previously undisclosed evidence of the reserves behind the Tether stablecoin. The post Tether Reserve Skepticism Spurs Research Firm to Offer $1M Bounty for Information appeared first on BeInCrypto.
2021-10-20 12:49 | |
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Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company.
2021-7-31 07:00 | |
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A research paper titled “Taming Wildcat Stablecoins,” published in the Social Science Research Network (SSRN) by a professor of finance at Yale, Gary Gorton, and the US Federal Reserve attorney Jeffery Zhang, urges supervision of stablecoins.
2021-7-20 19:00 | |
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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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Rather than attack traditional cryptocurrencies over their volatility like the vast majority of crypto critics, the Federal Reserve is placing focus on their seemingly boring and safe counterparts: stablecoins.
2021-7-2 19:05 | |
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Boston Federal Reserve President Eric Rosengren notes that Tether could be a "disruptor" to short term credit markets.
2021-6-27 20:00 | |
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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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Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31.
2021-5-14 21:20 | |
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The case between New York authorities and major crypto exchange Bitfinex has finally reached a conclusion with an $18.5 million settlement. Meanwhile, Tether’s reserve which has been a matter of some speculation will soon be put to rest with quarterly information to be provided following the settlement of the case. NYAG vs. Bitfinex Settlement: TetherRead More
2021-2-23 17:39 | |
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Bloomberg intelligence analyst, Mike McGlone, believes that the world is not worried about the USD losing its current status; it is Bitcoin the market wants right now
2021-2-22 17:14 | |
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"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
2021-1-22 17:15 | |
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A sharp drop in OKEx’s trading volume and stablecoin reserves – tether in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.
2020-12-4 23:19 | |
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Stablecoin issuers now have a strong tailwind from US regulators. Banks finally have some guidance on how to treat coins like Tether, Gemini Dollar, USD Coin and others that are pegged to fiat money.
2020-9-22 03:07 | |
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Weeks ago, NewsBTC reported that the market capitalization of leading crypto stablecoin Tether (USDT) was on track to $10 billion. This week, after a large minting of coins, the milestone was reached.
2020-7-1 02:59 | |
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With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
2020-5-28 22:20 | |
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Crypto trader Mati Greenspan slams Tether for issuing an extra 60 mln USDT, comparing it to Fed Reserve?s QA injections, Binance gets kicked too
2020-2-20 21:09 | |
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Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price manipulation being hotly contested.
2020-1-6 10:11 | |
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The U. S. Federal Reserve published its latest Financial Stability Report and its assessment of stablecoins is surprisingly positive. Stablecoins as a class include dollar-pegged cryptocurrencies like Tether, which are backed by traditional assets.
2019-11-18 01:00 | |
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On Friday, the US Fed Reserve conducted QE by printing $75 bln and $53 bln earlier in the week, making the crypto community expect the Bitcoin price to surge soon
2019-9-22 14:47 | |
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A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi.
2019-8-20 17:00 | |
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In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019.
2019-5-23 13:00 | |
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Tether and Bitfinex are at the center of an ongoing raging controversy which does not seem to die down any time soon. It all started with Bitfinex covering their losses with its USDT reserve and then manipulating their financial sheets to show no losses at all. It was followed by New York Attorney General filing […]
2019-5-23 00:24 | |
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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 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens.
2019-5-16 18:51 | |
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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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Bitcoin (BTC) in an uptrend but down 4. 3 percent Tether’s reserve low and the peg isn’t 1:1 against the USD It is now emerging that USDT’s reserves don’t tally with what’s in circulation. That means Tether Limited is lying and investors may flock to safety driving Bitcoin prices up.
2019-5-1 20:00 | |
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After opening a credit line to Bitfinex, Tether Inc. has announced it practices a form of fractional reserve liquidity.
2019-5-1 11:24 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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