Bitfinsider

Tether Market Cap Rises to Record High of $83.2 Billion Despite Falling Stablecoin Market

Despite a declining stablecoin market, Tether, the stablecoin issuer, has restored its USDT to its prior all-time high market capitalization. The market capitalization of...

Cryptocurrency June 2, 2023

One year after the Terra Collapse, Tether Nears ATH Market Cap with $3.4 Billion in Gold Reserves

One of the dollar-pegged cryptocurrencies impacted by the Terra ecosystem collapse was Tether (USDT), the largest stablecoin in the world by market value. After...

Cryptocurrency May 14, 2023

Tether Mints Yet Another Billion USDT

Tether, the stablecoin issuer, issued one billion USDT tokens on the Ethereum network late Friday night. Tether CTO Paolo Ardoino described the minting as a...

Cryptocurrency April 21, 2023

Despite Heightened FUD, Tether Publishes Its Q1 USDT Profit Estimate

Tether is confident about its Q1 earnings, particularly now that March is coming to an end. Numerous factors contributed to the increase in demand...

Cryptocurrency March 25, 2023

Tether Reports Having Q4 Net Profit of $700 Million in the Most Recent Attestation Report

Tether, a stablecoin issuer, published its most recent attestation report on Thursday. In it, the company claims a $700 million profit in the fourth...

Cryptocurrency February 9, 2023

Following the OSC Ban, Crypto.com Delists USDT for Canadian Users

User allegations that went viral on social media on January 10 claim that the cryptocurrency exchange Crypto.com will delist Tether (USDT) for Canadian users...

Cryptocurrency January 11, 2023

Tether Freezes $46 Million of FTX’s USDT on the Tron Blockchain, Establishing a New Standard

According to blockchain transaction data published by WhaleAlert.io on November 10, Tether appears to have locked in its Tron blockchain wallet 46,360,701 USDT ($46,274,472)...

Finance November 11, 2022

After a Post about Cryptocurrency Leaks, Roche Company Was Ousted From Tether Action

Roche Denial On Thursday, a judge in the Southern District of New York disqualified Roche Freedman from representing the plaintiffs in a class action lawsuit...

Cryptocurrency October 15, 2022

Here’s why The Indian ED has frozen USDT and WazirX’s WRX

The agency in charge of enforcing economic laws in India froze the prime accused's and his associates' assets. Furthermore, according to the ED, the...

Cryptocurrency October 1, 2022

The USDT stablecoin on Polkadot is being launched by Tether

The USD Tether (USDT) stablecoin was introduced by Tether Limited on Polkadot, a network that allows for communication between several proof-of-stake blockchains. On Friday,...

Cryptocurrency September 25, 2022

According to Tether, new court order requesting USDT reserve backing is merely a “routine discovery matter”

The creator of the stablecoin that is pegged to the US dollar, Tether (USDT), claimed on Wednesday that a recent court ruling requiring the...

Cryptocurrency September 22, 2022

Why Isn’t Tether Blocking Tornado Cash Accounts Despite US Sanctions

According to reports, Tether is not blacklisting Tornado Cash addresses. Following US sanctions, several crypto entities have banned addresses associated with cryptocurrency mixer Tornado...

Cryptocurrency August 26, 2022

Tether reveals asset reserve figures

Tether released details on its reserves on Friday, after announcing a partnership with public accounting firm BDO Italia. The stablecoin's backer stated that it...

Cryptocurrency August 20, 2022

Tether’s CTO confirms hedge funds attempted to short USDT

CTO Says Funds Failed to Short Tether Tether CTO Paolo Ardoino has responded to a Wall Street Journal report from June 27 that hedge funds...

Cryptocurrency June 28, 2022

As total supply reaches 55.9B, USDC’s “real volume” flips Tether on Ethereum

In the last 24 hours, USDC's real volume on the Ethereum network has nearly doubled that of USDT, which may be another indication that...

Cryptocurrency June 23, 2022

Tether’s USDT market capitalization slips below $70 billion, a new low for the cryptocurrency

In the midst of the current market downturn, Tether (USDT), the largest stablecoin and third largest digital currency by market cap, continues to lose...

Cryptocurrency June 17, 2022

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