Browsing Tag
Tether
405 posts
Tether treasury mints 1b USDT on Ethereum network
A massive amount of Tether (USDT), the most popular stablecoin in the crypto market, has been minted at…
Tether market cap eyes record high after regaining 65% stablecoin dominance
The market capitalization of Tether is nearly a billion dollars away from reaching a new lifetime peak while…
Hacker exploited Yearn Finance and stole over $11.5m
The popular decentralized finance (DeFi) platform, Yearn Finance, was recently hacked using the open-source liquidity protocol, Aave. Per…
Tether blacklists validator address that drained MEV bots for $25M
The co-founder of Polygon and other decentralization proponents said the move sets a bad precedent.
USDT market cap surges, while USDC and BUSD record massive declines
Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having…
Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble
The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in…
Tether used Signature Bank to access the US financial system
According to Bloomberg, Tether, the world’s largest stablecoin issuer, utilized Signature Bank to transfer funds from the United…
Stablecoin supply on cryptocurrency exchanges down 50% in 4 months
Glassnode data on Mar. 26 shows that the stablecoin supply on exchanges has more than halved to less than $24b…
Tether set to post $700m in profits for Q1 2023
Tether, the company behind the most widely used stablecoin, USDT, has announced that it expects to report a…
Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform…