FTX and Alameda Research Face a New Lawsuit: Allegations of Fraudulent Manipulations with USDT
TL;DR A lawsuit against FTX and Alameda Research exposes an alleged fraud scheme related to the stablecoin Tether (USDT). It is alleged that FTX used...
Tag : Tether
Hoskinson Alerts on Control of Stablecoins by Industry ‘Vampires’
TL;DR Charles Hoskinson warns about the dominance of companies like Circle and Tether in the stablecoin market, controlling 70% of transaction volume. Hoskinson highlights concerns...
Tether Fuels Crypto Adoption with Major Investment in Oobit
TL;DR Tether, one of the largest stablecoin issuers in the crypto industry, has invested strategically in Oobit, a mobile payment application, raising $25 million in a Series...
Tether: Record 71% Dominance and Regulatory Challenges
Tether, the issuer of the USDT stablecoin, has consolidated its dominance in the cryptocurrency market by reaching an impressive 71% share in 2023, raising its...
Tether issues 1 billion USDT to control and replenish inventory
Tether Treasury recently generated an additional 1 billion USDT tokens on the Ethereum network, as reported by a blockchain monitoring and analytics platform. This event...
Tether Appoints New CEO
Tether, the company behind the world’s largest stablecoin by market capitalization, has announced a change in its leadership, Bloomberg reports. Paolo Ardoino, who has been serving...
Tether Partners with Georgia to Build Bitcoin P2P Network
The Georgian government and Tether, a company that issues stablecoins, have agreed to work together on a memorandum of understanding (MoU) to create Bitcoin and...
Tether (USDT) Loses Peg Amid Crypto Market Turmoil
The crypto markets are in a slump today, despite the Fed’s decision to pause its interest rate hikes yesterday. The markets were caught off guard...
Tether Expands USDT Supply on Ethereum with 1 billion Chain Swap
Tether, a leading stablecoin provider in crypto, has minted one billion USDT tokens on Ethereum. This transaction, which cost only $25.72 in fees, is authorized...
Tether Shows Confidence in Bitcoin’s Future
Tether, the world’s largest stablecoin issuer by market capitalization, has announced a new investment strategy to diversify its reserves that back its USDT token. The...