Tether Mints $3 Billion USDT: A Boost to Crypto Liquidity and Market Dynamics
TL;DR Tether issued $3 billion in USDT, spread across Ethereum and Tron. This issuance increases liquidity in the crypto market and could indicate bullish momentum....
Tag : Tether
Tether Treasury Mints Another 2 Billion USDT on Ethereum Network
TL;DR Tether’s Treasury minted an additional 2 billion USDT on the Ethereum network to replenish inventory and boost liquidity, confirmed by CEO Paolo Ardoino. The...
Stablecoin Issuers Target North Korean Hackers
TL;DR Stablecoin Issuers Act Against Lazarus Group: Tether, Circle, Paxos, and Techteryx have frozen wallets linked to North Korea’s Lazarus Group, seizing nearly $7 million...
Stablecoin Market Cap Hits Record $168 Billion
TL;DR Record Milestone: The stablecoin market cap has reached a historic $168 billion, marking 11 consecutive months of growth and surpassing the previous peak of...
Tether Plans Workforce Expansion to Boost Compliance and Financial Strength
TL;DR Tether plans to double its workforce to strengthen its compliance and finance areas. The company generates significant profits with a small workforce and is...
Tether Advocates for Decentralized Tech After Global IT Outage
TL;DR Global outage in centralized technology: A global outage on July 19, caused by a technical issue with CrowdStrike software, revealed weaknesses in centralized systems....
Tether Hires Philip Gradwell as Chief Economist
TL;DR Tether has appointed Philip Gradwell as its new Chief Economist. Bringing with him six years of experience as Chief Economist at Chainalysis and deep...
Tether Makes a Strong Move in Eastern Europe Hand in Hand with CityPay.io
TL;dR Tether announces investment in CityPay.io to promote cryptocurrency adoption in Eastern Europe. CityPay.io, with over 600 locations in Georgia, is key in the regional...
Tether Achieves ‘Gold Standard’ Security with SOC 2 Type 1 Audit Completion
TL;DR Tether’s Enhanced Security Measures: Tether, a leading cryptocurrency company, has completed a SOC 2 Type 1 audit, demonstrating that its IT systems meet high...
Massive USDT Issuance by Tether Sparks Speculation on Bitcoin Price
TL;DR Tether issued over a billion dollars in USDT, fueling speculation about movements in the crypto market. Tether CEO Paolo Ardoino explained that the new...