Maelstrom data analysis has shown that Tether, the issuer of the popular stablecoin USDT, raked in an astonishing $6.2 billion in net profit in 2023. What’s...
The issuer of USDT, Tether, has announced plans to expand its horizons beyond the stablecoin market and enter the realm of artificial intelligence (AI). This move...
In a move that could shift the stablecoin market, MakerDAO’s “Endgame” project aimed to mint 100 billion DAI, potentially shaking up Tether’s dominance. The first step...
Senator Cynthia Lummis, known for her support of Bitcoin, is actively working on legislation concerning stablecoins, following her prior criticisms of prominent stablecoin issuer Tether in...
Tether recorded a profit of $2.85 billion in the fourth quarter of 2023 according to a recent report. Tether Holdings Limited, the issuer of the stablecoin...
Bitfinex’s Tether tokenized bond, named ALT2611, has only reached 15% of its $10 million target two weeks into the launch, not meeting the company’s investment and...
Crypto stablecoin issuer, Tether has frozen about 225 million USDT tokens in a proactive move against an international human trafficking ring in Southeast Asia. For several...
A court has dismissed a lawsuit against Tether and Bitfinex for lack of merit. According to a Nov. 15 press release, the court officially dismissed a...
Tether Holdings Limited, a key player in the world of stablecoins, has released its Consolidated Reserves Report (CRR) for the third quarter of 2023, accompanied by...
Following reports that some cryptocurrency exchanges facilitated illicit activities, especially related to the ongoing Israel-Hamas war, the Stablecoin (USDT) issuer has issued a statement, warning against...
Tether, the world’s largest stablecoin issuer, has frozen addresses linked to terrorist activity in Israel and Ukraine. The addresses contained a total of $873,000 USDT. Tether...
The plaintiff, Mr. Ming, might not be able to recover his 80,000 Tether (USDT) loan through the courts due to the borrower’s failure to make repayments....
Tether, the firm behind the top-ranked stablecoin by market cap (USDT), made an early announcement naming Paolo Ardoino, Bitfinex CTO, as its new Chief Executive Officer....
On October 10, Bloomberg News reported that iFinex Inc., the parent company of the cryptocurrency exchange Bitfinex, proposed a $150 million share buyback. iFinex may be...
Chinese authorities have reportedly arrested Hui Ka Yan, the chairman of Evergrande. They are currently holding him at a designated location and reportedly monitoring his activities....
The development team behind Tether is on the verge of launching advanced JavaScript libraries that promise to revolutionize the way commands and interactions are managed within...
Tether has recently signed a memorandum of understanding (MOU) with the Georgian government. The goal is to collaborate on building a blockchain peer-to-peer (P2P) platform for...
In an effort to alleviate the mounting apprehension surrounding the June 3rd event, Atomic Wallet proactively utilized Twitter to confront the situation head-on and issue an...
Tether, the most popular stablecoin, accomplished its reporting requirements to the New York Attorney General’s Office earlier this year in accordance with the conditions of its...