Browsing Tag
Tether (USDT)
45 posts
Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit
Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin…
Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong
Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11…
Arthur Hayes’ Maelstrom Launches Bitcoin Grant Program to Boost Technical Development
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims…
Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as…
Could Uphold’s Tether Delisting Signal Trouble for USDT in Europe?
A popular New York-based crypto exchange, Uphold, announced the delisting of six stablecoins in response to the upcoming…
Tether’s ‘Genius Idea:’ Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed…
Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to…
Tether CEO Slams Ripple Chief for Spreading FUD About USDT
Tether CEO Paolo Ardoino has slammed Ripple chief executive Brad Garlinghouse for spreading fear, uncertainty, and doubt (FUD)…
New Visa Metric: Over 90% of Stablecoin Transactions Not Genuine
The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are…
Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report
Venezuela’s state-owned oil and gas company PDVSA is reportedly planning to speed up its use of crypto, particularly…
