Tether News
US Considering $250k Deposit Insurance for Stablecoin Holders
One of the obvious downsides to participating in the stablecoin market is that there isn’t any deposit insurance for holders. No one i...
Tether Scores Win in Class Action Lawsuit, Calls it a ‘Clumsy Attempt at a Money Grab’
Bitfinex, the company behind stablecoin Tether (USDT), has secured an important win in a class-action lawsuit levelled against the controver...
14 Arrests Made Following $5 Million Crypto Investment Scam
An old-fashioned honey trap has led to more than 100 victims becoming ensnared in a crypto investment scam that relieved them of almost US$5...
Crypto Flash Crash as Tether Prints $3 Billion Worth of USDT
The crypto market experienced one of its most volatile days this week since the China miner debacle, with whales taking part in a major sell...
Tether Asks Court to Block Release of its Reserves, Cites ‘Harm to Its Competitive Position’
Stablecoin operator Tether and its parent company Bitfinex recently filed a petition to the Supreme Court of New York to block an informatio...
Poly Network Hack Drama Continues – Hacker Withholds $141 Million
The Poly Network drama continues as Mr White Hat is refusing to return US$141 million left on a multi-sig wallet. Poly Network Waits f...
$1 Billion Transaction on Tron Blockchain Sparks Interest
In the early hours of August 6, a super large transaction of US$1 billion worth of USDT stablecoin was transferred from an exchange to an un...
Stablecoin USDC Supply Has Been Growing Faster Than Tether in 2021
At the moment, Tether (USDT) is the largest stablecoin by supply. However, it has been losing out in supply growth to USD Coin (USDC), accor...
Market Cap of Stablecoins Has Surpassed $100 Billion USD
The market capitalization of stablecoins has surpassed $100 billion USD, according to market data from CryptoDiffer. As of May 25, stablecoi...
Tether Finally Reveals Its Breakdown of USDT Reserve Backing
Tether Inc., the company behind the largest USD-backed stablecoin (USDT), has published a breakdown of asset categories that make up the sta...
Coinbase Pro Delays Launch of USDT Trading Amid API Issues
US cryptocurrency exchange Coinbase recently announced it will debut Tether (USDT) trading on its trading platform, Coinbase Pro, this week....
Another $2 Billion USDT Minted At Tether Treasury
Tether – one of the biggest cryptocurrency stablecoins has minted another $2 billion USDT on the TRON blockchain. A stablecoin is a new cl...