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USDT
Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting 'dirty' USDT to RMB.

Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.

Almost All Crypto Employees Take Pay in Fiat, Pantera Study Finds
The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF
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.

Binance to Offer 'T+3' Daily BNB/USDT Options
The new T+3 BNB/USDT options will have a trading lifetime of three days.

Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
The exchange expanded its services in Canada earlier this week.

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
Omni was the first transport layer that Tether used in 2014.

Dissecting the Tether Imbalance on Curve and Uniswap
Kaiko says Curve’s 3pool and Uniswap V3’s main USDT-USDC pool both became imbalanced late last week, as USDT selling escalated. However, the research firm points out the trend actually started in mid-July, well before the Curve exploit. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Huobi Receives $200M USDT, $9M Ether From Whale
Transfers occur as outflows from the exchange continues.
