Tether

The Ethereum network, as part of the Ethereum Improvement Proposal (EIP) 1559, has been burning ETH at a massive rate. A portion of the Ethereum transactions – every NFT trade, simple token transfers and yield strategy - are being…
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Huobi adviser Justin Sun has denied rumors that crypto exchange Huobi was heading for insolvency. The speculations gained traction as the company laid off staff and shuttered internal communications. Sun said the business development of…
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Tether, the issuer of the world’s largest stablecoin USDT, has vowed to stop the practice of lending out funds from its reserves. It has taken it upon itself to restore faith in the crypto market. The company’s secured loan, as per a…
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The largest stablecoin issuer in the world, Tether, has taken precautions to ensure that there are no risks related to USDT on the Solana network. The unsuccessful FTX exchange wouldn't have any negative effects on the USDT that Alameda had…
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Tether has been ordered, as part of a market manipulation lawsuit that alleges USDT artificially inflated crypto prices, to reveal what backs its stablecoin. Judge Katharine Polk Failla in the court order asked Tether to produce important…
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Binance has no plans to “auto-convert” Tether (USDT) to Binance USD (BUSD). But the crypto exchange says this may change. Binance announced on September 6 that it will cease trading support for the US dollar-pegged stablecoin USD Coin…
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Bitfinex in collaboration with Hypercore and Tether (USDT) has launched Holepunch – a fully encrypted platform for building peer-to-peer applications. This alliance has also introduced an encrypted application called Keet which is capable…
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Tether’s balance sheet is in such a position that even a drop in value of its reserve assets could make it technically insolvent, says a Wall Street Journal report. It highlighted the cloudy nature of Tether’s USDT reserves. Its…
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As global crypto regulators crack down on crypto asset services, Tether Holdings Ltd. entered into an agreement with the Italian subsidiary of BDO LLP. The agreement is to issue attestations every quarter and is a move designed to shift…
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Tether, a known name in the stablecoin world, has announced that it is going to support ETH’s scheduled Merge upgrade in September. The company made its announcement after Circle Pay a USDC issuer, made its intentions clear. ETH is…
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