2023-5-10 20:34 |
In the first quarter of 2023, Tether, a prominent issuer of stablecoins, posted a net profit of $1.5 billion
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Tether Holdings Limited, the issuer of the world’s largest stablecoin, USDT, has published its Q1 2023 Assurance Report, attested to by BDO Italia, a top five-ranked global independent public accounting firm.
2023-5-10 22:00 | |
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Stablecoin issuer Tether (USDT) said it holds $1. 5 billion worth of Bitcoin (BTC) in its reserves — equating to 2% of its total reserves. The stablecoin issuer further revealed that it held $3. 39 billion in precious metals like gold.
2023-5-10 19:09 | |
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Several crypto stakeholders have criticized USDT issuer Tether for blacklisting a validator address that drained $25 million from maximal extractable value (MEV) bots. The MEV bots were drained of over $20 million on April 3 while executing a sandwich trade.
2023-4-12 17:16 | |
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According to Bloomberg, Tether, the world's largest stablecoin issuer, utilized Signature Bank to transfer funds from the United States to the Bahamas.
2023-4-6 17:47 | |
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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.
2023-4-5 00:31 | |
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Tether CTO Paolo Ardoino believes that USDT is becoming the “safest asset to hold in the world” amid the banking crisis.
2023-3-24 13:02 | |
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Tether calls Wall Street Journal’s claims “stale allegations from long ago. ” The USDT issuer noted in a recent blog post that it adheres to all regulatory and legal requirements around KYC, AML and Counter Terrorism Financing.
2023-3-7 20:54 | |
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Stablecoin issuer Tether faces allegations by the Wall Street Journal that it accessed bank accounts through shell companies and accounts used for money laundering. The post Tether Partners Used Fraudulent Documents to Give Company Access to Bank Accounts, Says Report appeared first on BeInCrypto.
2023-3-4 14:59 | |
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Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.
2023-3-4 23:02 | |
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Tether (USDT) trading volumes are up by over 35% less than 12 hours after Paxos, the issuer of BUSD, a competing stablecoin, was directed to stop minting new coins.
2023-2-13 15:48 | |
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The USDT issuer has made inroads into the traditional finance and accounting sectors as it attempts to increase transparency around its holdings.
2023-2-11 00:15 | |
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Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported February 10. The post Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves appeared first on CryptoSlate.
2023-2-11 23:29 | |
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The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report.
2023-2-10 21:00 | |
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A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk's request for information about the financial reserves backing the USDT token.
2023-2-10 20:39 | |
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Tether recently published an independent attestation report put together by accounting giant BDO Italia. The report revealed that the USDT issuer had eliminated its exposure to commercial paperThe post Tether eliminates commercial paper from reserves, CTO boasts profit appeared first on AMBCrypto.
2023-2-10 15:26 | |
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Stablecoin issuer issued its latest attestation report for the fourth quarter of 2022. The company reported a net profit of $700 million in Q4. The profit is in addition to the company’s reserves.
2023-2-10 21:10 | |
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Stablecoin issuer Tether reported a $700 million profit for the fourth quarter of 2022, according to its latest attestation report published on February 9. The post Tether reports $700M profit for Q4’22 appeared first on CryptoSlate.
2023-2-9 16:25 | |
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Tether's assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.
2023-2-10 14:29 | |
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A report by WSJ revealed that 86% of Tether was controlled by four people as of 2018. The USDT issuer has disclosed very little about its operations and ownership structure. A new report by The post 86% of Tether was concentrated among four people till 2018 appeared first on AMBCrypto.
2023-2-3 13:30 | |
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Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.
2023-2-3 22:49 | |
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Tether’s (USDT) chief technology officer Paolo Ardoino has denied that the stablecoin issuer took a loan from Celsius in a January 31 tweet. The post Tether denies borrowing from bankrupt Celsius appeared first on CryptoSlate.
2023-2-1 09:40 | |
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TrueUSD has launched its new stablecoin TCNH, backed by Chinese yuan and issued on the Tron (TRX) network. The move comes days after Tether launched its yuan-pegged token CNHT. TrueUSD, the issuer of the dollar-backed TUSD stablecoin, has announced the…
2022-12-17 20:09 | |
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USDT has been battling FUD around it in recent months as a result of its exposure to collapsed projects like FTX. Tether has made a move to reduce its secured loan to ensure the stability of thThe post USDT issuer Tether would stop making secured loans in 2023, thanks to FUD appeared first on AMBCrypto.
2022-12-15 19:30 | |
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Investigators make a shocking discovery on Sam Bankman’s bankruptcy filing as FTX insolvency revealed a bizarre connection between FTX, Alameda Research, stablecoin issuer Tether, and a rural bank.
2022-11-27 19:07 | |
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Tether announced a swap, as a result of which the company converted $1 billion USDT stored on the Solana blockchain, transferring its stablecoins to Ethereum The issuer of the USDT Tether stablecoin announced the commission of a large-scale swap between blockchains.
2022-11-23 13:21 | |
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In a backward move for the Solana ecosystem, stablecoin issuer Tether is set to swap 1 billion USDT on Solana for ERC20 tokens for use on Ethereum The post Tether Ditches Solana, Performs $1 Billion USDT Swap appeared first on BeInCrypto.
2022-11-19 22:42 | |
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The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion.
2022-11-11 23:30 | |
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Following sanctions from legal authorities, stablecoin issuer Tether has confiscated around $46 million worth of USDT on the Tron blockchain network. The wallet address currently holding the stablecoins is suspected to be owned by the defunct cryptocurrency exchange FTX. Tether…
2022-11-11 22:56 | |
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Centralized stablecoin issuer Tether has frozen funds belonging to FTX. Funds Locked According to data from Whale Alert, at least 46,360,701 USDT of FTX’s funds was frozen today at 14:11...
2022-11-11 18:50 | |
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Stablecoin issuer Tether has frozen $46 million of USDT on the Tron blockchain following a request from law enforcement.
2022-11-11 17:35 | |
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Tether is asserting that Bloomberg is misinforming the public about USDT. They have been targeting the issuer of USDT with a slew of bad media coverage.
2022-11-2 17:30 | |
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A criminal investigation into whether Tether’s executives committed bank fraud in the early days of the stablecoin issuer’s existence has been reassigned after months of stagnation, according to Bloomberg.
2022-11-1 19:16 | |
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The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs.
2022-10-21 18:55 | |
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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 stablecoin issuer Tether (USDT) has made good on its word to cut its exposure to riskier assets like commercial paper. The post Tether Cuts Out Commercial Paper Holdings To Foster Trust appeared first on BeInCrypto.
2022-10-14 01:41 | |
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Tether’s commercial paper has shrunk to zero, the USDT issuer has announced. Instead of…
The post Tether cuts commercial paper reserves to zero appeared first on CoinJournal.
2022-10-14 00:25 | |
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The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper.
2022-10-14 21:10 | |
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The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.
2022-10-14 20:00 | |
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Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay.
2022-10-12 14:39 | |
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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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The firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
2022-10-4 13:37 | |
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The U.S. Security and Exchange Commission (SEC) sued and set charges of 1 million USD as a monetary penalty against Friedman LLP, the former auditing firm of Tether. Although the stablecoin issuer Tether hired the same auditing company from May 2017 to January 2018, the case filed last week does not count it. It has […]
2022-9-28 01:52 | |
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The U.S. Securities and Exchange Commission (SEC) filed and settled charges last week against Friedman LLP, the former auditing firm of stablecoin issuer Tether, finding “serial violations of the federal securities laws” and numerous instances of “improper professional conduct,” according to an order published Monday.
2022-9-27 20:22 | |
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Stablecoin issuer Tether has recieved a court order to produce financial records that prove the backings of its USDT. The Judge at Northern District Court New York, Katherine Polk Failla, issued the order for Tether on Tuesday upon the plaintiffs’ request to prove its reserves.
2022-9-22 12:23 | |
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Controversial stablecoin issuer has addressed recent ruling in $1.4 trillion market manipulation lawsuit
2022-9-22 18:53 | |
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The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
2022-9-21 07:17 | |
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Tether (USDT) has requested that Roche Freedman, the legal firm accused of holding a “secret pact” with Avalanche (AVAX), be terminated from a class action suit brought against the stablecoin issuer, citing a conflict of interest.
2022-9-3 22:30 | |
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To attack Tether’s reserves [...] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said.
2022-8-31 20:45 | |
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Leading stablecoin issuer has played down accusations in recent report published by The Wall Street Journal
2022-8-31 18:04 | |
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