Tag: tether
Centralization is good – When Tether (USDT) recovers the lost millions
Welcome, centralized universe! – Decentralization is the cornerstone of the crypto ecosystem. However, in some cases, centralization has some advantages, especially when it comes to recovering several million dollars. $87…
$160 million in assets frozen by Tether
The issuer of stablecoins Tether (USDT) froze three addresses on Ethereum (ETH), which together hold $160 million in assets. This information was confirmed by the company, which said it did…
Tether Blocks $150M USDT and Blacklists 3 Addresses
Tether recently froze over $150 million worth of USDT. It’s not the first time the company has done this, but the action has once again stoked concerns about centralization in…
Tether freezes 1 million USDT – decentralization catches cold
A right of life and death on USDT – At the end of December 2021, we learned that the Myanmar (ex-Burma) government of national unity was using Tether’s USDT as…
Burma government plans to adopt Tether stablecoin as official currency
Vincent Touveneau Cryptocurrencies December 22, 2021 at 5:25 pm 15 The situation is still tense in Burma, after the military junta succeeded in a coup d’état last February. The legitimate…
Tether (USDT) claims currency status following adoption by government-in-exile
The rise of stable, stablecoin-type cryptocurrencies haunts the worst nightmares of global regulators. This is primarily due to their implementation – without prior authorization – of a functional digital model…
Myanmar: Opposition declares Tether to be a means of payment
Adaptation news with a difference. Because while the ruling military dictatorship has banned cryptocurrencies, the opposition movement has chosen Tether (USDT) as the official currency. Since the military coup of…
Tether and Bitfinex off the hook? Stage win in class action
Tether can claim a stage win for himself. The prosecution is not yet off the table. “We are grateful to Judge Failla for her careful report which uncovered many shortcomings…
Tether censors transactions: cheers for centralization?
Tether reacted quickly after the attack on Poly Network, freezing 33 million stolen USDT units. The supposed censorship meanwhile divides the minds in the crypto space. Source: BTC-ECHO The article…
Circle Aims for Banking License – Tether (USDT) Under Pressure?
Circle wants to become a bank. If the SEC approves the application, the in-house stablecoin USD Coin could also develop into serious tether competition. Source: BTC-ECHO Circle Aims for Banking…
Tether (USDT): New investigation by the US judiciary
Executives at USDT issuer Tether are facing a criminal investigation into bank fraud, according to Bloomberg. The company promptly denied the allegations. Tether executives are reportedly facing an investigation by…
USD Coin (USDC) is warming up: is the tether flipping coming?
USD Coin (USDC) is in circulation on Tron (TRX) for barely a week and over 100 million coins are already there. Will there be a reorganization in the stablecoin market…