Tether

Finance

Ang dating CEO na si Jean-Louis van der Velde ay lilipat sa isang tungkulin sa pagpapayo sa Tether.

By Oliver KnightOkt 13, 2023

Should Sam Bankman-Fried have just performed a rug pull? Why is it so hard to get details into USDT issuer Tether? Zeke Faux, author of 'Number Go Up,' shares his findings after making a deep dive into the world of crypto.

Set 20, 2023

Tether said that it will stop support for Omni, a Bitcoin layer used for USDT transfers since 2014. The stablecoin issuer will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. "The Hash" panel discusses the discontinuation of legacy products as cycles rotate in the crypto industry.

Ago 17, 2023

The role of the stablecoin is to always ensure customers get a one-to-one redemption to the dollar, says Paolo Ardoino, chief technology officer of Tether, the firm stablecoin USDT, and its affiliate cryptocurrency exchange Bitfinex. Scrutiny on the world’s largest stablecoin has been increasing in the past month due to the latest USDT depegging scare. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Ardoino breaks down the USDT reserves, how the firm’s investment in U.S. treasuries is generating profits and discusses why secondary market traders can trigger USDT depegging concerns.

Hul 26, 2023

CoinDesk's chief insights columnist David Z. Morris joins "The Hash" panel to discuss why stablecoin tether (USDT) could face serious pressure amid the U.S. Securities and Exchange Commission (SEC)'s apparent crackdown on the crypto industry, with recent lawsuits against Coinbase and Binance.

Hun 22, 2023

Analysts from Berenberg say that the U.S. Securities and Exchange Commission (SEC) could bring DeFi protocols and stablecoins, including tether and USD Coin, into regulatory compliance as the agency continues its crackdown on the crypto industry. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De weighs in on the report.

Hun 21, 2023

CoinDesk recently obtained documents under a Freedom of Information Law request, which offer a rare but limited look into Tether’s banking relationships. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down what the documents reveal about the stablecoin issuer's banking relationships and past reliance on commercial paper.

Hun 20, 2023

Stablecoin issuer Tether kept its funds in four banks, two investment management firms, two gold depositories, and a gold broker and on its own sister company Bitfinex in March 2021, according to documents obtained by CoinDesk. It also had funds in commercial paper issued by various entities. CoinDesk obtained the documents after a nearly two-year legal battle after Tether filed to block the NYAG from releasing them. In a statement, Tether said it “found it suspicious” that USDT depegged after millions of dollars’ worth were sold on decentralized finance pools “on the same day” that the New York government shared the documents with CoinDesk. "The Hash" panel weighs in on the documents.

Hun 16, 2023

Millions worth of tether (USDT) stablecoins appeared to be selling off on popular Uniswap and Curve pools Thursday morning, sparking early signs of concern among traders. USDT, which usually trades around $1, lost its peg to the U.S. currency and dropped as low as $0.9968. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Hun 15, 2023

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.

Hun 5, 2023