Tether’s $1.3 Billion Supply Reduction Sparks Concerns Over Bitcoin Liquidity
TL;DR Tether (USDT) has seen a significant reduction in its circulating supply, dropping by over $1.3 billion within ten days, raising concerns about its impact...
Tag : Tether
Tether Executes $2 Billion Chain Swap to Ethereum
by jose
TL;DR Tether announced a $2 billion cross-chain swap to Ethereum on November 6, 2024, to enhance liquidity and asset management. The swap involves transferring USDT...
Tether Appoints Jesse Spiro as Head of Government Affairs
by jose
TL;DR Tether appoints Jesse Spiro as Head of Government Affairs to lead policy and engagement efforts with lawmakers, regulators, and key stakeholders. Spiro brings extensive experience from...
Tether Freezes $29.62 Million USDT Linked to Criminal Activities in Cambodia
by Fernando
TL;DR Tether freezes 29.62 million USDT linked to Cambodia’s Huione Group. The freeze is related to money laundering and fraud activities. Huione continues to transact...
Tether Mints $1 Billion USDT Ahead of Ethereum ETF Decision
by Fernando
TL;DR Tether lied 1 billion USDT tokens on the Ethereum blockchain This generated speculation of a possible “stampede” in the crypto market The issuance coincides...
The Impact of Tether’s Recent Minting Activities
by jose
TL;DR Tether’s $1 Billion USDT Minting: Tether recently minted an additional $1 billion in USDT amidst a downturn in the cryptocurrency market, raising doubts about the...
Tether Takes Action Against Illicit Use of Digital Assets
by jose
TL;DR Tether’s Blacklisting Operation: Tether has blacklisted several wallet addresses, cumulatively holding $21.2 million in USDT, as part of its ongoing efforts to combat the...
Tether in the Center of the Storm: Becomes the Currency of Choice for Money Laundering, UN Warns
by Fernando
Tether (USDT) has become an increasingly preferred tool for money launderers and fraudsters in Southeast Asia, a report from the United Nations Office on Drugs...
Tether Takes Decisive Action Against Cybersecurity Breach
by jose
To mitigate the effects of a recent cyber attack, Tether, the company behind the USDT stablecoin, has taken the step of freezing the attacker’s address....
USDT At Its All-Time High Market Capitalization
Tether USD (USDT) is the leading stablecoin in the cryptocurrency market and serves as the primary gateway from fiat to cryptocurrencies. Its high liquidity and...
