In an encouraging development for the crypto space, Tether, the issuer of the world’s largest stablecoin USDT, has doubled down on its Bitcoin investment momentum by acquiring a staggering 8,888 …
Glassnode data recorded a $4.1 billion monthly increase in the aggregate stablecoin supply, a 21-month high for fiat-pegged cryptocurrencies following bullish momentum. Since October last year, stablecoin supply has shot …
Howard Lutnick, the CEO of Cantor Fitzgerald LP, has confirmed the financial integrity of Tether Holdings. Lutnick, whose firm acts as Tether’s custodian, has verified that Tether’s declared assets align …
Tether, the issuer of the ubiquitous USDT stablecoin, cemented its dominance in 2023, ballooning its market share to a staggering 71%. This explosive growth, however, comes with a chilling undercurrent: …
The price of Bitcoin (BTC) paired with the stablecoin Tether (USDT) on Binance suddenly increased almost tenfold. According to Chinese journalist Colin Wu, the price of the BTC/USDT perpetual contract …
The Hong Kong government’s proposed rules for stablecoins this week have prompted both optimism for the city’s effort to become a virtual asset hub and concern that the rules may …
A new report from The New York Times sheds light on how Chinese investors, aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry …
Tether has blocked six new wallets on the Ethereum network, likely due to being linked to the Russia Finiko ponzi scheme. According to blockchain intelligence firm ChainArgos, the wallets might …
While currency exchanges in Phnom Penh also offer legitimate trading and a daily workaround to China’s onerous currency controls for the city’s Chinese community, Tether’s role in Cambodia’s vast dark …
Tether is reiterating its commitment to collaborating with U.S. law enforcement and regulatory authorities to fight against unlawful activities. Tether Releases Letters Shared With The U.S. Senate Committee On Banking, …