The US Deputy Treasury Secretary Wally Adeyemo unveils a strategy to counter Russia's use of cryptocurrencies.
Tether plans to launch a pioneering division to establish multimodal AI models, revolutionizing crypto accessibility.
Tether surpasses $100 billion, dominating the stablecoin market with record growth.
Dive into the world of staking: AXS, FLOKI, USDT, and other cryptocurrencies promise lucrative dividends.
As their popularity continues to grow, stablecoins, these cryptocurrencies backed by traditional currencies, worry the FED. Why
According to JPMorgan, the growing dominance of USDT in the stablecoin market is negative for the overall crypto ecosystem.
The bearish pressure imposed on bitcoin by the GBTC ETF is clearly diminishing. Is the Bull Run about to resume?
Tether's stablecoin is counted among the most popular cryptos on the market. But this asset, which is pegged to the US dollar, is facing difficult times. Like many of its counterparts, USDT, as it is commonly called, had a particularly tough year in 2023. An analysis by Moody's analysts indicates that during that year, the asset "depegged" several times. In other words, the crypto lost its peg to the dollar, which is the essence of its stability compared to conventional cryptos. In this context, knowing that depeg situations reached new highs in 2023, wouldn't it be wiser to be cautious of USDT? This article will try to answer this important question for investors.
The Wall Street icon, Howard Lutnik, defends Tether against skeptics, stating that they own the announced 95 billion dollars.
Bitfinex thwarted a $15 billion XRP attack, preventing a major cryptocurrency theft from its vault.
USDT is the preferred stablecoin for criminals according to the UN, especially for laundering money from sophisticated scams.
In general, the year 2023 has been particularly dynamic for the crypto industry. Specifically, the crypto payments segment is no exception as it has achieved exceptional performance throughout that year. This is at least what a recent study by crypto firm CoinGate indicates.
The USDC lost its peg to the dollar yesterday. Instead of trading at 1 dollar, this stablecoin from Circle saw its value drop to an alarming level on Binance. This created a situation of panic within the crypto community.
A new crypto project is coming to Binance: XAI which redefines blockchain gaming. We give you the details in this article.
To kick off 2024, Tether has made a strong move by acquiring $379 million worth of bitcoin. The year seems to be off to a great start for the cryptocurrency.
No conditions will be imposed on these 'altruistic foreigners': they just need to make donations in BTC.
Tether has partnered with the FBI to freeze a colossal sum of 435 million dollars in crypto. Does this unprecedented partnership mark a turning point in cryptocurrency regulation, or is it simply another chapter in the crypto saga? Let's dive into the juicy details of this unlikely alliance.
BingX, a prominent cryptocurrency trading platform, has officially added JITO (JTO) to its list of tradable assets. This move comes amidst a remarkable surge in the value of JITO and a notable increase in Solana price (SOL).
In a world where cryptocurrency is redefining the boundaries of the digital economy, El Salvador boldly positions itself at the forefront with its “Freedom Visa” program. This initiative, born from a partnership between the Salvadoran government and Tether, a cryptocurrency giant, promises to transform not only immigration but also investment in the country. As El Salvador is already famous for adopting bitcoin as legal tender, this new investment visa program raises important questions: is it a revolutionary innovation or a costly gamble for investors? In a context where investment visas are gaining popularity around the world and offer unique opportunities for wealthy investors, El Salvador's “Freedom Visa” stands out for its close connection with crypto.
Amazon, the tech giant, has set its sights on Solana, promising a revolution in cloud technology and offering a launchpad to uncharted heights for blockchain. Meanwhile, a lone miner defies the odds by hitting the jackpot. Since NFTs made their way to Bitcoin, there's been a frenzy that's unsettling purists and pragmatists alike. Elon Musk clarifies his vision of Twitter without crypto, while Vitalik Buterin alerts us to the hidden risks of second-layer solutions. In the background, Tether swells its coffers and reaches peaks that challenge traditional institutions. Beyond the fray, Bitcoin and Ethereum outperform gold and traditional assets in 2023.
The cryptocurrency sphere has always been a fertile ground for debates, controversies, and technological advancements since its inception. China, one of the world's largest economies, has now contributed a new chapter to this ongoing saga, particularly concerning Tether. This story isn't just about an unpaid loan; it delves into the very essence of what cryptocurrencies mean in a country where the rules of the game are constantly being redefined.
Following the FTX incident, Binance opted for transparency to maintain the trust of its hundreds of millions of users. Thus, in November 2022, the crypto giant engaged Mazars, an international auditing firm, to facilitate access to reliable data concerning customers' holdings in BTC, ETH, USDT, and more. In early October, Binance released its 11th Proof-of-Reserves (PoR) report. Details follow.
Several reports on the performance of dollar-backed digital currencies suggest that crypto wallets containing stablecoins will eventually replace credit cards. The appetite for dollar-backed stablecoins in payments is increasingly surprising, and could even pose a threat to the business model of traditional payment companies such as Visa, PayPal and MasterCard. What do traditional payment companies have to say about this silent competitor?
The crypto world, vast and complex as it may be, remains a place where innovation continually finds its place. In this frantic race for modernization, Tether introduces a major breakthrough: Moria.
Tether may have reassured the crypto community after a series of depegs in its stablecoin USDT this year, but its instability is a major concern. Early this morning, it was reported that the asset had fallen to a very low level, raising doubts about a Terra bis scenario. Let's take a look!
Tether (USDT) is the largest stablecoin currently on the markets. Present in the crypto ecosystem since 2014, its position is undeniable. However, USDT's lowest parity since the fall of FTX is being recorded, and this could be the work of Changpeng Zhao, CEO of Binance.
Tether, the USDT stablecoin issuer, has taken the decision to freeze $2.5 million in USDT due to its connection to an alleged hack of the Multichain interchain router protocol. Tether thus aims to protect the funds involved and prevent any potential misappropriation or unauthorized access.
It's quite a paradox! The man who shook the Kremlin does not come from the opposition camp, nor from outside. Yevgeny Prigozhin is a very close friend and Vladimir Putin's "former Swiss Army knife". He dared to challenge the powers that be with a short-lived rebellion backed by some 5,000 men. A situation quickly resolved by Putin, and one that has been emulated by Russian crypto-enthusiasts.
Unlike other cryptos, stablecoins inspire relatively more confidence among users. This is due to the stability of their value, which correlates with that of a fiat currency. However, their monetary status had never been officially recognized. At least, until Jerome Powell, Chairman of the US Federal Reserve (Fed), did so. Is this a turning point?
Tether, the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, has surpassed its previous all-time market cap high of $83.2B set in May 2022.