Tether Financial News

01.11 / 07:37

Tether USDT Q3 reserves Tether’s Q3 Attestation Reveals $3.2 Billion Excess Reserves Backing USDT

Tether, a leading stablecoin provider, reported in its Q3 2023 report that it has $3.2 billion of excess reserves backing the value of its stablecoins, including USDT.

01.11 / 05:09

Tether Mobile Software Money laundering country electronic Taiwan Police Bust $320 Million Crypto Money Laundering Racket

Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT.

31.10 / 18:03

business Ethereum Stablecoin defi Tether Tether attestation shows cash and cash equivalents of 86% as loans decline

The reserves for stablecoin issuer Tether contained approximately 86% cash and cash equivalents as of September 30, according to a new attestation report from accounting firm BDO. This is the highest percentage of cash and cash equivalents that have ever made up Tether’s reserves.

31.10 / 13:23

Stablecoin Adoption regulation Tether Usd Coin Terra TrueUSD From payments to DeFi: A closer look at the evolving stablecoin ecosystem

The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape.

30.10 / 20:43

Binance regulation Tether FTX ATM SBF claims innocence, contradicts other witnesses: Law Decoded

Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any details about the creation of North Dimension, an alleged “shadowy entity” used to launder customer funds from the crypto exchange through Alameda Research. It was former chief regulatory officer Dan Friedberg who provided him with the papers setting up the firm, which he signed without question, SBF claimed.

30.10 / 15:37

Tether USDT USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions

The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country.

30.10 / 10:21

Stablecoin Tether USDT trading volumes Brazil’s USDT Volume Exceeds all Crypto Transactions Combined: Revenue Dept. Report

The Brazilian tax department report said that the country’s Tether (USDT) trading volume proliferated since 2021. Tether stands out among other stablecoins and has surpassed the volume of Bitcoin (BTC) during the same period.

29.10 / 19:29

business Stablecoin Tether Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

Stablecoin Tether (USDT) has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country, according to data from Brazil’s revenue service agency.

29.10 / 14:05

Blockchain Cooper CEO Tether Action Align Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses

Tether, the preeminent stablecoin firm globally, has once again exemplified its resolve against illicit financial activities by freezing 32 cryptocurrency addresses, implicated in terrorism and warfare funding within Israel and Ukraine. The move showcases the intensifying collaboration between cryptocurrency establishments and global law enforcement to counteract the rising tide of digital-financed crime.

27.10 / 03:25

Binance regulation Tether Congress Terrorism Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel.

26.10 / 17:39

Blockchain Ethereum Tether Gap Discover Bitcoin country 8 Best Real-World Asset Tokens to Buy in 2023

Real-world asset tokens are a growing trend in the cryptocurrency market. They represent tokenized projects with a tangible presence in the physical world – ensuring solid utility and use cases.

24.10 / 15:23

Stablecoin Tether USDT Bitcoin Rally Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally

Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot exchange-traded fund (ETF) in 2023.

23.10 / 18:01

CEO Tether USDT coinbase Pinnacle information reports Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether's Circulating Supply

A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55 billion of USDT. This figure represents roughly 47% of Tether's circulating supply as of October 10, 2023. A prior report by Protoss had estimated the minting at around $36.7 billion, however, Grogan managed to update these figures by identifying additional wallets associated with the minting process.

23.10 / 09:55

Stablecoin Tether transparency Reserve Time Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market?

Tether Holdings, the issuer of the world's largest stablecoin Tether (USDT), has announced plans to provide real-time updates of its reserve data.

21.10 / 07:55

Dogecoin Ethereum Provident litecoin Tether Strategy Bitcoin 12 Best Crash Gambling Sites With Real Money

Year founded: 2017 Licence(s): Curaçao Accepted Crypto: Bitcoin, Ethereum, Litecoin, Tether, Dogecoin, Bitcoin Cash, Ripple, EOS, Tron, BNB, + 10 more. Crash Game Types: Stake Originals Crash Bonuses: Best For: Best overall crash gambling website Stake has been around for a while now, and the truth is, this is a unique crash gambling website that has it all. Alongside a slick and modern interface, this operator will also provide you with a lot of promotions and raffles.

20.10 / 19:16

Tether Bitfinex Bitcoin Bitfinex's CTO Paolo Ardoino Endorses RGB Protocol for Bitcoin Stablecoins

Paolo Ardoino, the chief technology officer (CTO) at crypto exchange Bitfinex, has expressed his support for the RGB protocol as the "best opportunity" for issuing stablecoins on the Bitcoin network.

20.10 / 14:31

business Stablecoin regulation Tether Fiat Money Dollar Reserve Time 2024 Tether to publish reserve reports in real time in 2024: Bloomberg

Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.

19.10 / 19:45

markets business Binance Tether Gaming Q3 report Q3 Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates

It’s been a challenging quarter for crypto, Binance has confirmed in its Q3 market pulse report. The market was down in many sectors, the report found, although the entry of institutional players such as Deutsche Bank, Sony and PayPal helped offset some of the pain.

18.10 / 14:21

Blockchain Ethereum litecoin Tether Fidelity Investments Bitcoin Cash Bitcoin TradFi Portal Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated Credit Union Unveils Crypto Portal, Wirex Introduces Dual-Mode Card

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

18.10 / 11:11

Dash Tether Platform Strategy Bitcoin information stars Traders Union Ranks Storm Gain and BitGet

BitGet reviews is its inability to support fiat currency deposits. Nevertheless, this minor setback does not detract from its overall commitment to continuous development and expanding service offerings. On the other hand, StormGain, another rising star in the crypto exchange arena, has outperformed BitGet with a TU score of 8.15 out of 10.

17.10 / 11:41

Tether hamas Crypto wallet Tether freezes crypto linked to 'terrorism and warfare' in Israel and Ukraine

Tether has frozen 32 crypto wallet addresses containing a combined $873,118 it said were linked to «terrorism and warfare» in Israel and Ukraine, the company said on Monday. Israeli police said last week they had frozen crypto accounts used to solicit donations for Hamas on social media. Hamas' Oct. 7 attack on Israel killed 1,300 people. Tether did not say when they froze the addresses. TRM Labs, a major U.S. blockchain analysis company that works with law enforcement agencies, said in a blog in February that Tether was a «currency of choice» for terrorist financing.

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