In recent news, Tether, the issuer of the popular USDT stablecoin, has made headlines by resuming its lending operations. This move comes as Tether aims to accommodate the loan requests of its long-term clients. In this article, we will delve…
Tether Helps Remitano Exchange to Freeze $1.4 Million in a $2.7 Million Hack
Remitano Exchange is an important establishment in the crypto industry. They help in connecting buyers and sellers to make crypto transactions. So, there was a massive hack on this crypto platform. What is Remitano Exchange? Remitano Exchange How the Hack…
Tether’s CTO Makes New Claim, the Stablecoin Holds More US Bills Than Australia
The Tether USDT is one of the most controversial stablecoins in the crypto industry. They often receive allegations of depegging from many analysts. So, they reached a new milestone in their US Treasury bills holdings, according to Tether’s CTO. USDT…
Tether USDT Depeg Instability – New Problems from this Stablecoin : Explained
Stablecoins are an important part of the crypto industry as they serve many purposes for enthusiasts and investors. So, one of them is the Tether USDT, which is suffering from an identified problem by a crypto researcher. What is the…
Crypto Traders In Shock as Tether Announces the end Of Support for These Three Blockchains
Tether USDT is one of the biggest cryptocurrencies, although it is a stablecoin. Recently, the parent company announced the closure of three important blockchains. According to them, it was a hard decision, but they had to take it. Now, many…
Tether Developers to Create a New Bitcoin Mining Software
Paolo Ardoino, the chief technology officer of Bitfinex and Tether, announced on X (Twitter) that the company wants to build a new Bitcoin mining software. According to the CTO, he said the new software will be a game changer in…
Tether’s Robust Growth: Excess Reserves Reach $1.6 Billion to Back USDT Stablecoin
Tether, the company behind the widely-used USDT stablecoin, has recently announced an estimated $700 million profit for the March quarter, pushing its total excess reserves to approximately $1.6 billion. This impressive growth underlines the company’s commitment to maintaining a strong…
Tether Agrees to $18.5 M Settlement with Bitfinex and Submits to Quarterly Reporting
Bitfinex and Tether settled with the Office of the New York Attorney General in the landmark case against Tether. New York authorities claimed that Tether distorted how much Tether (USDT) coins were upheld by fiat security. The settlement requires Bitfinex…
Three Significant Risks to Look Out for Before Buying into Perpetual Futures Contracts
Pro trades are currently making big profit margins from trading using the inverse swap. These big margins are pulling more investors into purchasing altcoins using perpetual contracts without looking into the risks. Exchange of altcoins, quoted in Tether (USDT) and…
Pornhub adds Tether Stablecoin as New Payment Option
Adult entertainment site Pornhub, have announced a new crypto payment option after PayPal abruptly stopped supporting their services in late 2019. The porn site now supports Tether (USDT), a major United States dollar-pegged stablecoin- to allow instant and zero-fee payments…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
