Category: Tether
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Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
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Bitcoin has recently seen mixed market movements, with analysts closely guarded Watching On-chain data to understand the short-term path of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows to exchanges remain elevated. This trend indicates a…
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Tether Faces Delisting In EU, What It Means for Crypto Traders in Europe
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Tether now appears to have been affected by the regulatory shake-up in Europe. In particular, with the EU’s new Markets for Crypto Assets (MiCA) regulations set to come into full force in member states by the end of the year, the cryptocurrency landscape is being reshaped. With the aim of…
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Tether Faces Delisting In EU, What It Means for Crypto Traders in Europe
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Tether now appears to have been affected by the regulatory shake-up in Europe. In particular, with the EU’s new Markets for Crypto Assets (MiCA) regulations set to come into full force in member states by the end of the year, the cryptocurrency landscape is being reshaped. With the aim of…
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Lutnick’s Cantor eyes $2 billion Bitcoin lending program with Tether
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Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset space: Tether Holdings Ltd. Lutnick is in talks to deepen financial ties between his companies and the company behind the world’s largest stablecoin, according to people familiar with the…
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Circle CEO Says IPO Plans Remain Active Amidst Possible Troubles For Tether
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Jeremy Allaire, CEO of Circle, confirmed that the stablecoin issuer remains committed to launching an initial public offering (IPO). Interestingly, these comments came amid a controversial report about Tether, Circle’s biggest competitor. Circle’s financial position is strong, and no additional money is needed, says Circle Boss in Interview with Bloomberg…
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Tether Defends Its Record, Blasts WSJ For ‘Irresponsible Reporting’
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In a recent Wall Street Journal (WSJ) report, it was claimed that Tether is currently under federal investigation for potential violations of sanctions and anti-money laundering (AML) regulations in the United States. investigation, It is said Led by prosecutors from the US Attorney’s Office in Manhattan, it is said to…
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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations
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Cryptocurrency company Tether is currently under federal investigation for potential sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal. The criminal investigation, led by prosecutors from the US Attorney’s Office in Manhattan, is examining whether Tether’s USDT stablecoin was used by third parties to fund illicit activities,…
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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations
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Cryptocurrency company Tether is currently under federal investigation for potential sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal. The criminal investigation, led by prosecutors from the US Attorney’s Office in Manhattan, is examining whether Tether’s USDT stablecoin was used by third parties to fund illicit activities,…
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USDT Popularity Soars As Tether Adds Over 36 Million Users in Q3 2024
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Rope USDTthe largest stable cryptocurrency, recently celebrated its 10th year in the industry. The company’s growth has been impressive, thanks to its steady user base, its holdings that include $97 billion in U.S. government bonds, and its plans to partner with U.S. law enforcement agencies to bolster its brand. Now,…
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Tether Closing In On Historic $120 Billion Market Cap Milestone
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This article is also available in Spanish. Tether (USDT), the world’s largest stablecoin and the third-largest cryptocurrency by market cap, has confirmed its dominance in the cryptocurrency market and is now on the verge of a major milestone. Recent data shows huge influx of money The cryptocurrency industry has seen…
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Tether Closing In On Historic $120 Billion Market Cap Milestone
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This article is also available in Spanish. Tether (USDT), the world’s largest stablecoin and the third-largest cryptocurrency by market cap, has confirmed its dominance in the cryptocurrency market and is now on the verge of a major milestone. Recent data shows huge influx of money The cryptocurrency industry has seen…
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New charges — new problems: Will Tether survive them?
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Consumer advocacy group Consumers’ Research has released a report accusing Tether, the issuer of the USDT stablecoin, of being opaque and not fully auditing its dollar reserves. Tether has been accused of being non-transparent (again) Consumer Research Analysts He said The issuer of USDT has yet to conduct an audit…
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Tether Unveils Synthetic Dollar Backed By Tokenized Gold, Citing Bitcoin’s Volatility
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Image: cryptobriefing.com In a strategic move to diversify its offerings and cater to the evolving needs of the digital asset market, Tether, a leading stablecoin issuer, has announced the launch of a new synthetic dollar token backed by tokenized gold. The decision to leverage physical gold as collateral for this…
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Will Tether Unveil Its Own Blockchain? CEO Shares Intriguing Details
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Amid speculation that Tether, the largest stablecoin in the cryptocurrency market, USDTCoinDesk is preparing to launch its own blockchain technology, and the company’s CEO, Paolo Ardoino, has addressed the rumors in key detail. Tether Abandons Plans to Launch Its Own Blockchain in interview In an interview with Bloomberg News, Ardoino…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Tether In Legal Battle With Bankrupt Crypto Lender Celsius
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A series of high-profile legal battles have rocked the cryptocurrency industry, with the latest involving two major players — Tether, the issuer of the world’s largest stablecoin USDT, and bankrupt crypto lending platform Celsius Network. At the heart of the dispute is a controversial allegation of alleged improper liquidation of…
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Crypto firm Cumberland deployed $1b Tether in 8 days
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Market maker Cumberland may have bought the dip as data showed the company moved millions of Tether stablecoins to centralized exchanges. Since August 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and Kraken, according to LookOnChain. Data. Market makers provide liquidity in…
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Crypto firm Cumberland deployed $1b Tether in 8 days
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Market maker Cumberland may have bought the dip as data showed the company moved millions of Tether stablecoins to centralized exchanges. Since August 6, Cumberland has sent over $1 billion in Tether (USDT) to CEX platforms like Binance, Coinbase, and Kraken, according to LookOnChain. Data. Market makers provide liquidity in…