Tether, the issuer of leading and largest US dollar-pegged stablecoin USDT, has announced plans to launch another stablecoin, the company said on Wednesday. The new offering will be pegged on the Brit...
Tag: Tether
Tether launches GBP₮, a stablecoin pegged to the British pound
Tether has announced that it will launch the stablecoin pegged to the British pound, GBP₮, in July 2022. The initial blockchain to support it is Ethereum. Tether and the launch of the GBP₮ stablecoin ...
Tether will launch a new pound sterling-backed stablecoin
Tether has announced today that it will roll out a sterling- backed stablecoin next month. The move comes as the UK prepares to regulate the stablecoin sector in readiness for its attempt to make Lond...
Tether to Launch a British Pound-Pegged Stablecoin (GBPT) in July
Just shortly after releasing a stablecoin pegged to the Mexican Peso, Tether has introduced a new product focusing on the British Pound. GBPT will first work on top of Ethereum, while other blockchain...
Tether Unveils New Stablecoin GBP₮ Pegged to the British Pound
Amid the crypto market turmoil, stablecoin issuer Tether continues to expand its market presence. The world’s largest stablecoin operator is now looking to enter the British market with a new stableco...
Tether Prepares Full Audit to Improve USDT Reserves Transparency
Tether, the world’s largest stablecoin with $68 billion in assets, will undertake a full audit with a top 12 accounting firm in order to improve transparency of its USDT reserves. The move comes as US...
Despite Crypto Market Slowdown, Bitfinex and Tether Looking to Hire Staff
Bitfinex and Tether said that as they continue to grow and make profits along the way, they could continue more hiring more talent. The massive meltdown in the crypto space has been severely hurting i...
Tether (USDT) Ready for Full Audit to Increase $USDT Reserves Transparency – crypto.news
In an interview, Paolo Ardoino, the CTO of Tether, stated that the company is embarking on a thorough audit to increase transparency over its $USDT assets. In order to increase transparency on $USDT h...
Tether Defends USDT Reserves, Plans To Undergo Full Audit
Tether’s CTO Paolo Ardoino on Monday said Tether (USDT) has survived short selling and redemptions amid the crypto market crash. Moreover, Paolo Ardoino believes Tether has always been more transparen...
Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino
The chief technology officer of stablecoin issuer Tether says the firm was hit with a ransom demand amid a distributed denial of service attack (DDoS). Tether executive Paolo Ardoino says that the com...
Tether ready for new audit with 12 companies
Tether CTO Paolo Ardoino announced that a series of audits is being prepared with a number of major specialized companies. Are new clouds gathering over the largest stablecoin on the market? https://...
Tether to undertake full audit by top 12 firm for transparency over USDT reserves
The Tether (USDT) stablecoin is set to carry out an audit with a top 12 firm in order to provide more transparency on its reserves. A business called MHA provides attestations of its reserves, and Tet...
DDoS attack against Tether – The Cryptonomist
Tether, the market’s most capitalized stablecoin, was the target of a DDoS attack on Saturday. 1/This morning @Tether_to received a ransom request to avoid mass DDOSes.They tried already once.On a no...
Tether Market Cap Slashed by More Than $10B in May
Tether (USDT) lost its peg to the dollar during the steep decline in the prices of cryptocurrencies in May, leading to a substantial drop in the market value of one of the most used stablecoins. Tethe...
Tether (USDT) Network Attacked Using DDoS Resulting in 8M Requests/Min
24 mins ago | 2 mins read Altcoin News The request significantly differs from the daily average of 2k requests/5min. The company had received a ransom demand from the hackers. On June 18, a major deni...
Stablecoin Giant Tether (USDT) Struggles to Maintain Dominance
Investors are fleeing from Tether (USDT), says on-chain data. The stablecoin giant, as a result, has lost significant market share amid a slew of market corrections. Tether’s Losing Market Share Tethe...
Tether Experience DDOS Attack ! Here’s The Outlook at What Really Happened! – Coinpedia – Fintech & Cryptocurreny News Media
The most valuable stablecoin, USDT, has been the target of a distributed denial of service (DDOS) attack. This is according to a tweet from Paolo Ardoino, Tether’s chief technical officer (CTO). The c...
Tether [USDT] – Now that the DDoS attack is behind it, here’s the post-op outlook
Holders of USDT were sent into a frenzy yesterday after Tether’s Chief Technical Officer Paolo Ardoino confirmed the incidence of a DDoS attack. Simply put, a DDoS attack happens when a server or a ne...
Tether Market Cap Falls to $69 Billion as USDC Flipping of USDT Occurs
The newest wave of Tether token redemptions is challenging the project’s domination of the stablecoin market, with the project’s market cap approaching that of its rival USDC as trust in the security ...
Tether confirms DDOS attack on tether.io
? Want to work with us? CryptoSlate is hiring for a handful of positions! Tether CTO, Paolo Ardoino, has confirmed that the Tether website, tether.io, is currently suffering a DDOS attack. The number ...
Suspicious Tether Wipe Off Activity Raises Eyebrows
After a steady drop in its price over the past few weeks, Tether continues to be at the center of the debate around stablecoins. Earlier this week, Tether market cap shrunk below the $70 billion level...
Tether USDT Market Cap Slips Below $70 Bln As Redemptions Mount
Tether (USDT), the world’s largest stablecoin’s market capitalisation has registered a continuous drop over the past few weeks. It now has shrunk below the $70 billion mark. Is USDT losing the race? A...
Tether: With UST gone and USDD struggling, is USDT next in line
With UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up pressure on stablecoins recently a...
Tether Denies False Rumors Regarding Its Commercial Paper Holdings, Exposure to Celsius – crypto.news
Tether, a stablecoin provider, has spoken out against “rumors” that it holds commercial paper, a form of short-term corporate debt, while also attempting to distance itself from struggling lender Cels...
Tether Hits Back at ‘Rumors’ Regarding its Commercial Paper Portfolio
Tether dismissed what it labeled as “false rumors” regarding the reserves that back its USDT stablecoin in a statement released Wednesday morning. It said in a blog post the notion its “commercial pap...
Tether (USDT) Issuer Says Rumors About Its Reserves Composition Are ‘Completely False’
The company behind Tether (USDT) is pushing back on rumors about the reserves composition of the largest stablecoin by market capitalization. In a new statement, Tether denies claims that 85% of its c...
Tether hits out at reserves ‘rumors’ and distances itself from Celsius
Stablecoin provider Tether hit out at “rumors” about its holdings of commercial paper, a form of short-term corporate debt, while distancing itself from troubled lender Celsius and crypto ...
Tether To Focus On Cutting Down USDT’s Commercial Paper Backing To Zero
Tether, the significant stablecoin, is planning on ultimately getting rid of commercial paper backing for Tether (USDT), its United States dollar-based stablecoin. Tether recently issued an offi...
Tether Denies Accusations About Its Reserves, Celsius and Three Arrows Capital Connections
Gamza Khanzadaev USDT issuer publishes official statement condemning false rumors Today, June 15, the issuer of one of the most in-demand stablecoins (USDT), Tether, released a denial of rumors regard...
Tether aims to decrease commercial paper backing of USDT to zero
The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its United States dollar-based stablecoin Tether (USDT). Tether issued an official statement on Wed...
Tether claps back at rumors surrounding its commercial paper portfolio
? Want to work with us? CryptoSlate is hiring for a handful of positions! Tether has released a statement to counter reports making rounds about its commercial paper portfolio. The rumors claimed that...