Browsing Tag
Tether
418 posts
Celsius Takes Legal Action Against Tether In $2.4 Bitcoin Collateral Controversy
Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The…
Tether set to double workforce by mid-2025
Stablecoin issuer Tether has announced plans to double its workforce by mid-2025 to bolster compliance with regulatory laws.…
Tether CEO: EU’s MiCA regulation puts stablecoins at risk
Tether CEO Paolo Ardoino believes MiCA’s latest regulatory move puts banking systems and the use of stablecoins in…
Tether’s USDT achieves $115B market cap milestone
The market capitalization of Tether‘s stablecoin USDT has surpassed $115 billion. According to a somewhat cryptic X post…
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…
Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal
On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT)…
Tether profits hit $5.2b in H1 2024, new record
USDT issuer Tether disclosed net profits of $1.3 billion in the second quarter of the year, adding to…
Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks
Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves…
Tether mints $1b on Tron with no fees
Tether issued $1 billion in new USDT tokens on the Tron blockchain as stablecoins’ total market cap grew.
Swan Bitcoin halts mining and IPO plans, announces staff cuts
Swan Bitcoin, a Bitcoin-focused financial services firm, said it is ending its managed mining business alongside its Initial…
