Tag: tether
Tether: Will the next stablecoin crash after TerraUSD?
After the stablecoin TerraUSD (UST) collapsed in the last few days, Tether (USDT) is now also faltering. Will the next burglary follow? Source: BTC ECHO The post Will the…
Tether (USDT) falls against the Dollar as the cryptocurrency meltdown deepens
© Jakub Porzycki via Reuters Connect By Geoffrey Smith Investing.com — The world’s largest stablecoin fell below its theoretical 1:1 peg against the dollar on Thursday as the global cryptocurrency…
Tether on Kusama, USDT soon on Polkadot?
USDT goes on the attack on Kusama – In a few years, stablecoins have become a cornerstone of the crypto ecosystem. Despite their multiplicity, the USDT issued by the Tether…
Halo Infinite: “We understand that the community is at the end of its tether”
Symbol of this growing exasperation, this exchange on Reddit in which Brian Jarrad, in charge of communication at 343 Industries, recognizes that the players have reason to lose patience. “There…
Hedge Fund Bets on Tether (USDT) Collapse
An intriguing position New York-based hedge fund Fir Tree Capital Management has decided to short the stablecoin Tether (USDT). In other words, managers believe that the stablecoin could lose its…
Bitcoin and Tether, “de facto” legal currencies in a Swiss city
Bitcoin (BTC) and Tether (USDT) will be de facto legal tender in the southern Swiss city of Lugano as the city has partnered with Tether to become the “Bitcoin Capital…
Tether cash revelations, how USDT changed its face
At the beginning of the 4th quarter of 2021, Bloomberg published a survey on the market leader in stablecoins, Tether (USDT), highlighting the risks related to the composition of its…
Tether plans to change strategy to secure its USDT stablecoin
New audit for Tether The USDT stablecoin issuing company, Tether Limitedhas just released its latest audit. The latter, made by the independent accounting firm MHA Caymaninforms us that Tether reserves…
USDT: $65 million moved from Tether treasury to Bitfinex
A gigantic transaction of $65 million was observed, with the funds belonging to Tether’s treasury, and having been sent to the Bitfinex platform. It’s through the Twitter account Whale Alert…
Tether (USDT) cripples addresses linked to the Multichain hack
When centralization is good – Decentralization is a cornerstone in the cryptocurrency ecosystem. However, in some cases centralization can be good. This is what the DeFi Multichain protocol teams learned…
Stablecoins on the grill in the US Congress: the politician who hated Tether (USDT)
Coin Metrics’ explosive report of the 1er February 2022 showed numbers supporting the rise of stablecoins in 2021. Doubts remain, however, about the continuation of this strong growth in 2022…
Tether (USDT) and USD Coin (USDC) stablecoins are largely dominated by whales
Whales hold the vast majority of Tether (USDT) and USD Coin (USDC) Although the promise of decentralization is real with cryptocurrencies, the character of open access can also lead to…