2023-5-11 23:30 |
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
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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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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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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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USDT recently witnessed increased activities from sharks and whales. Tether inflow to exchanges also saw a bump. Since an 11 January report revealed Tether's [USDT] plans to delist from tThe post Assessing Tether's [USDT] health as whales and sharks take a bullish stance appeared first on AMBCrypto.
2023-1-13 12:30 | |
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Binance, in a recent press release today, revealed updates on Tick Size for Spot Trading pairs. The updates are aimed at improving liquidity and trading experience for traders. This come's after the firm also announced the complete integration of Tether on the USDT network.
2022-12-7 11:25 | |
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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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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 Indian Directorate of Enforcement (ED) revealed that it froze the assets of a mobile gaming application called E-nuggets. The ED froze WRX [WazirX] and USDT [Tether] cryptocurrencies that were worThe post Indian ED freezes USDT and WazirX’s WRX, here's why appeared first on AMBCrypto.
2022-10-1 16:30 | |
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On June 15, Paolo Ardoino, CTO of Tether and Bitfinex, disclosed that Tether had liquidated a loan given to Celsius “without loss. ” Tether has confirmed the liquidation process and revealed that it “returned the remaining part [of the loan] to Celsius.
2022-7-9 05:20 | |
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Tether Operations Limited, the Hong Kong-based firm behind the largest stablecoin by market capitalization, USDT, has revealed plans to launch another stablecoin dubbed GBPT. The token is expected to be pegged to the British Pound Sterling at a 1:1 ratio.
2022-6-22 21:12 | |
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USDT issuer Tether holds an undisclosed percentage of its assets in a boutique Bahamian bank. The post One Location of Tether’s Mysterious Reserves Revealed appeared first on BeInCrypto.
2022-5-30 22:45 | |
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In a recent interview with Paolo Ardoino, the Chief Technology Officer of Tether and Bitfinex, Paolo revealed amongst other plans, that the company is confident that it will maintain its position as tThe post Tether CTO discusses threats to USDT; from rising competition to CBDCs appeared first on AMBCrypto.
2022-4-17 03:30 | |
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Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.
2021-8-11 15:33 | |
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Anonymous sources have revealed that Tether is being investigated for allegedly hiding from banks… The post DOJ probe investigates Tether execs for alleged bank fraud appeared first on Coin Journal.
2021-7-28 12:18 | |
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Mallers Says He No Longer Needs USDT Mallers revealed that his firm would be integrating with the top five banks and two biggest cashpoint distributors in El Salvador. He said the cashpoint stores would enable people to exchange cash for balances on a mobile app like Strike and vice versa.
2021-6-22 18:45 | |
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Cryptocurrency exchange Coinbase revealed its Coinbase Pro trading platform is adding support for Tether’s… The post Coinbase Pro lists Ethereum-based Tether (USDT) appeared first on Coin Journal.
2021-4-23 13:43 | |
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The issuer of the USDT stablecoin Tether revealed it received a ransom note asking the company to $22 million worth of Bitcoin (500 BTC) or risk critical exposure. According to Tether, the threat actors claim they have implicating documents that could “harm the bitcoin ecosystem.
2021-3-1 12:59 | |
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Bahamas-based Deltec Bank & Trust, which is the banking partner of Tether to hold its reserves, revealed that it has a “large position in bitcoin. ” Chief Investment Officer Hugo Rogers disclosed this during a year-in-review video while explaining its investment portfolio, which also contains gold and other commodities, including the digital asset.
2021-1-15 19:54 | |
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In a podcast hosted by Peter McCormack, Stuart Hoegner, the General Counsel of Bitfinex—an exchange closely related with Tether Limited, revealed that the official issuer of the USDT stablecoin, Tether Limited, might get audited.
2021-1-12 19:00 | |
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Decentralized project Hermez Network revealed recently that it has integrated the Tether (USDT) token into its platform. According to the network, the idea is to ensure scalable and less expensive transactions.
2021-1-12 14:25 | |
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Top stablecoins, Tether (USDT), and USD Coin (USDC) have recorded significant increases in trading volume on centralized exchanges, a Q3 report by the Crypto Rank Platform revealed. Data from the report designates that USDT trading volume on centralized exchanges increased by 43% from $440B to $628B while that of USDC increased by 46% from $6.76B […]
2020-10-22 20:01 | |
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New information has been revealed about Tether's ability to reverse USDT transactions, according to reports from the Block this week.
2020-9-15 06:05 | |
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Coinspeaker Tether Beats Bitcoin and PayPal in Average Daily Transfer ValueThe Tether Transparency report showed Tether’s continuous growth in terms of supply. The report revealed that USDT’s supply has now exceeded $13 billion.
2020-8-26 17:42 | |
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Data from analytics firm Messari revealed that USDT has reached $10 billion in market valuation, joining Bitcoin and Ethereum as the only cryptocurrencies with a market capitalization of over $10 billion.
2020-7-1 11:30 | |
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As BeInCrypto has previously shown, the Tether Treasury continues to act just like the Fed. A report by Whale Alert (@whale_alert) earlier today revealed that Tether minted a hefty 200M in USDT and issued it on the TRON blockchain.
2020-6-3 18:14 | |
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Tether has launched a version of its dollar-pegged stablecoin (USDT) on Algorand, representing the first significant use of Aglorand’s Standard Asset (ASA) specification. The news was revealed in an announcement...The post Tether’s USDT Goes Live on Algorand appeared first on Cryptocurrency News.
2020-2-11 01:29 | |
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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 | |
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Asia has always been at the forefront of the bitcoin and crypto trading. The US has been too busy tripping over its regulatory feet to keep up this year while the nations of the Far East forge ahead.
2019-11-8 11:28 | |
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Tether the parent company behind the leading stablecoin in the cryptocurrency market USDT has been at the center of the ongoing controversy regarding its role in manipulating Bitcoin prices. Now the on-chain metrics of tether revealed another worrying stat which suggested that 70% of the total market supply of USDT is controlled by just 104 […]
2019-10-16 20:07 | |
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Tether keeps printing new USDT coins, despite facing a recent lawsuit with claims for $1. 4 trillion. The stablecoin producer revealed several transactions that expanded the USDT liquidity. The recently launched class action lawsuit finally calls out Tether directly on what was only unofficially discussed on social media.
2019-10-8 13:00 | |
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Just two days ago, Bitfinex announced they foresee a “meritless” lawsuit coming their way based on a study that has inconsistent assumptions and skewed findings. About a day later, it was revealed that several individuals have taken iFinex to court claiming that, with Tether, they single-handedly manipulated the entire cryptocurrency market, October 7, 2019.
2019-10-8 10:30 | |
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The investment arm of Algorand recently revealed that they have lost close to $2million in Tether after CTO Pablo Yabo’s mobile phone was compromised. Algo Capital is a financial institution focused on powering Algorand’s borderless economy.
2019-10-6 18:15 | |
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Tether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token.
2019-9-9 21:01 | |
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Binance announced the launch of a platform termed as Binance Lending, which would allow users to acquire and lend their virtual assets, while asset holders would also be able to gain interest and improve their token balances.
2019-8-26 15:37 | |
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Whales reportedly own about 80% of the total Tether (USDT) supply sparking fears of bitcoin (BTC) price manipulation. Tether Whale Supremacy According to a report by Coin Metrics, 318 addresses own 80% of the current total supply of the Tether stablecoin.
2019-8-8 15:00 | |
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LEO, a token issued by Bitfinex’s parent company, iFinex, was revealed to have a major liquidity problem. Bitfinex order books revealed that $500,000 buy and sell orders swung LEO’s price by 25 percent.
2019-7-23 14:30 | |
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Following news in May that Binance was planning to roll-out margin trading, an official press release revealed on June 11 that Binance margin trading was now live, with up to 3x leverage. The new trading product offers traders exposure to Bitcoin, Ethereum, XRP, Binance Coin, TRON, and Tether, with positions much larger than their initial […] Binance Announce Margin Trading & Futures Testnet, but How Will These Affect the Wider Market? was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.
2019-7-13 13:04 | |
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The case between Tether along with its affiliated companies and the New York Attorney General's (NYAG) office saw a new turn recently when it was revealed that Tether and Bitfinex were actually conducting business in New York, contrary to the claim of the attorneys representing the defendants.
2019-7-11 18:31 | |
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The cryptosphere was a bit shaken a few months ago when news of the Bitfinex and Tether cover up spread like wildfire. It was revealed sometime in April by the New York Attorney General’s office that the exchange firm had experienced an $850 million loss and used funds from Tether to discreetly cover it up. […]
2019-7-2 18:02 | |
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Tether treasury just got itself out of the whole Bitfinex fiasco. However, it is back in the news after it minted 150,000,000 USDT. Tether claims to have backed every USDT with the US Dollar. However, during its feud with the New York Attorney General, it was revealed that only 74% of Tether was backed by […] The post Bitfinex’s CTO responds to speculations of ‘Tether dump’ after treasury mints 150 million USDT appeared first on AMBCrypto.
2019-6-14 20:30 | |
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Paolo Ardoino, CTO of Bitfinex, a Hong Kong-based cryptocurrency exchange revealed that Tether (USDT), a stablecoin backed by USD, will be launching on the EOS blockchain protocol. The CTO also hinted that Tether might launch on the Lightning Network by 2019’s end, according to reports released on May 31, 2019.
2019-6-2 13:00 | |
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Bitfinex and its associated stablecoin Tether, as a part of the ongoing investigation into its finances, has revealed in… The post Confirmed: Tether Used Its Reserves To Pump Bitcoin Market appeared first on Invest In Blockchain.
2019-5-22 08:02 | |
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A new court filing revealed that stablecoin issuer Tether said that it had invested some of its reserves in bitcoin
2019-5-22 22:25 | |
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In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board.
2019-5-21 20:48 | |
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Bitfinex is forging forward despite its ongoing row with the authorities, and it's looking for investors to support its efforts. Today, May 8, 2019, iFinex, the operator and parent company of the popular cryptocurrency exchange, released a private token sale white paper, putting to rest rumors of its Initial Exchange Offering (IEO).
2019-5-8 18:33 | |
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A recent article published by U.Today, predicted a Bitcoin bull run could happen sometime soon especially because the coin still shot past $5,500 regardless of the story that recently shocked the market when it was revealed that Tether and Bitfinex through their parent company, iFinex, was involved in an $850 million scam. The article showed […]
2019-5-5 23:40 | |
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As per an all-new interview with Antoni Trenchev, the Nexo co-founder and managing partner stated that Tether and Bitfinex’s ongoing issues with the New York State Attorney General did not faze him in the slightest — especially since the altcoin market at large had remained relatively stable after it was revealed that the Attorney General’s […]
2019-5-1 05:46 | |
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According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply.
2019-5-1 00:00 | |
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Last week, the crypto community was shocked when the New York Attorney General’s (NYAG) office revealed that Tether Limited, the issuer of the USDT asset, and world-renowned Bitcoin (BTC) exchange Bitfinex may be in precarious financial standing.
2019-4-30 14:18 | |
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USDC stablecoin issuer Circle is planning on moving its legal base from Ireland to the U.S. as an IPO looms. Stablecoin issuer Circle is working on shifting its legal base to the US from Ireland, as the company gears up…
Former Commodity Futures Trading Commission Chair J. Christopher Giancarlo will join the board of directors at Paxos.
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s guidance on board.
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback appeared first on Crypto Briefing.