USDT
Nickel Surges Above $100K, Investors Piling Up USDT
Nickel is having a parabolic run as presented in this “Chart of the Day.” It has surged 250% in two days and briefly traded above $100,000 due to a reported short squeeze and logistics uncertainty.
Ruble-Denominated Bitcoin Volume Surges to 9-Month High
The increase comes as the West's sanctions on Russia trigger a flight from the ruble.
Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.
Tether's New Accounting Firm Is the Old One, With Baggage
Moore Cayman is now operating under the MHA Cayman name, but the firm's parent is under investigation in the U.K.
Strike App Won’t Support Bitcoin in Argentina
The company trumpeted its expansion into Argentina earlier this week, but the Lightning Network-powered app is only supporting Tether’s stablecoin in the country.
Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain
The last time Tether froze an account was in late December.
Why Brazilians Are Turning to Stablecoins Like Tether
Amid high inflation and a steady devaluation of the Brazilian real, locals tripled the traded volume of stablecoins in 2021.
CoinDesk Joins Court Case Seeking Access to NYAG Tether Documents
Tether wants the state Supreme Court to stop the attorney general’s office from sharing documents requested by CoinDesk. CoinDesk is now a party to the proceedings.
Why Tether Freezing Over $1M Worth of USDT Belonging to 1 Address Matters
Stablecoin issuer Tether froze over $1 million worth of USDT belonging to a single address. "The Hash" host Naomi Brockwell uses this news to point out "all these stablecoins are freezable at the protocol level." The hosts dive into trade-off risks between centralized versus algorithmic stablecoins like Terra's UST.
