Advertisement     Following directives from the Ontario Securities Commission (OSC), Crypto.com has announced its plans to delist USDT from its platform for all users ...
Tag: Tether
Tether Overpowers Visa and Mastercard Concerning Settlement Volume
Tether has outperformed the major credit card providers including Visa and Mastercard. The current settlement volume of Tether is $18.2 trillion. The settlement volume of Visa and Mastercard are $14.1...
Tether [USDT] Canada plans go for a toss as exchange announces major news
Tether will be delisted from Crypto.com in Canada in adherence to the regulatory body’s directives in the country. Crypto.com will convert all USDT to USDC at the expiration of the announcement. Ther...
License-hunting Crypto.com kills Tether for Canadian users
Crypto.com is in the process of de-listing Tether (USDT) for Canadian users, effective from the end of this month. A Crypto.com spokesperson says this decision was made “in accordance with instruction...
Tether Will No Longer be Available For Canadian Crypto.com Users
Crypto asset exchange and wallet provider Crypto.com has announced that it will delist Tether, the world’s leading stablecoin, for Canadians. Crypto.com recently emailed its Canadian customers, notify...
Crypto.com delisting Tether to comply with Ontario regulations
Crypto.com announced the delisting of the Tether-issued stablecoin USDT to comply with the financial regulator in Canada. The exchange will cease to offer services relating to the stablecoin in Canada...
Crypto.com will exclude transactions in Tether
Bad news for the Tether (USDT) stablecoin, something we at The Cryptonomist had already alluded to in terms of a potential downturn. It appears that cryptocurrency exchange Crypto.com will remove the...
Tether Denies Bailout Request From Ex-FTX CEO Bankman-Fried
As investigators around the world try to gather facts about the FTX and Alameda implosion, stablecoin issuer Tether (USDT) has claimed that SBF, the CEO of FTX, requested a bailout in the billions bef...
Stablecoin Issuer Tether Refused Help to FTX During Crisis
It’s been almost two months since crypto exchange FTX filed for Chapter 11 bankruptcy, but the dark details of what happened during the crisis continue to pop up even today. As per the latest Forbes r...
What happens to Tether, stablecoins in the event of dollar collapse?
Over the past decade, private cryptocurrencies have emerged as the latest iteration of money. This is especially true for stablecoins, which Harvard Business Review deemed “a private form of money,” o...
Tether Gold (XAU₮) Goes Live on ICRYPEX
ICRYPEX continues to expand its portfolio of products that it offers to its users. The platform lists Tether Gold (XAU₮), a stablecoin representing ownership of gold. January 9, 2023: Tether Ope...
The challenge in accounting for Tether reserves
Accurately accounting for Tether’s reserves is a challenge, even (or perhaps especially) for Tether itself. Twitter user Jay Pinho recently published a website that attempts to track the value of the ...
Wallet associated with Justin Sun moves $100 million to Huobi
A wallet associated with Tron founder Justin Sun moved $100 million of stablecoins to crypto exchange Huobi. Two transactions took place at 11:10 a.m. UTC, moving $50 million each of USDC and USDT, as...
Tether stablecoin still under scrutiny
Tether stablecoin (USDT) in 2022 has seen two failures: the collapse of Terra/ Luna USD in May and the failure of FTX in November. In both cases, Tether stablecoin was affected by the collapse of the ...
More fake news on the Tether stablecoin
A number of news stories are circulating these days regarding the depeg of Tether’s stablecoin from the dollar. These are fundamentally fake news, probably put out there to try to create panic, or to ...
Tether De-pegs from $1 Despite Ongoing Broader Market Jump
Godfrey Benjamin Tether has de-pegged from its intended $1 benchmark despite bullish trend of broader market Tether (USDT), the largest stablecoin in the digital currency ecosystem, has been trading a...
Hedge Funds Take Short Positions Against Tether
2022 saw the collapse of several crypto projects. But Tether USDT is the project many expect to fail that remains standing. Traditional hedge funds believe it is a matter of time and is shorting the s...
How Tether Can Be a More Stable Stablecoin
The crypto economy has suffered two major crypto failures this year: the collapse of Luna/TerraUSD in May and the failure of FTX in November. In both instances, the world’s largest stablecoin, T...
News for the crypto Tether and Alameda Research
Recently, important news surrounds the crypto Tether, the stablecoin pegged to the US dollar. Specifically, it was discovered that the Alameda wallet was exchanging bits of ERC-20s for Ether (ETH)/Tet...
Over $8,000,000 Worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT) and DAI Stolen in Crypto Wallet Hack
Hackers have made off with more than $8 million worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Dai (DAI) after exploiting the Web3 crypto wallet BitKeep. The blockchain security firm ...
Tether, the stablecoin is back in game in Japan
Stablecoins that do not rely exclusively on a fiat currency have been temporarily banned in Japan, however, the Prime Minister’s vision is about to turn the tables and enable the rest of stablecoins a...
Stablecoin Dominance Retreats From November Record High
Stablecoin dominance is retracing slightly after reaching record highs as FTX went bust last month. A collection of more than 30 value-pegged tokens, led by Tether’s USDT and Circle’s USDC, were altog...
Bitcoin, Ether, Tether Reserve Ratios Over 100%
Cryptocurrency exchange OKX released its second Proof of Reserves (PoR) on its website on December 22nd. The new report would enable users to view and self-verify the results of two PoRs with the help...
Tether: the second Plan B Forum in Lugano
Today Tether announced the second edition of the Plan B Forum. It will be held from Friday 20 October to Saturday 21 October 2023 in Lugano, Switzerland and, like the previous one held this year, it ...
CFTC classifies Ethereum, Bitcoin, and Tether as commodities
Based on recent FTX court filings, reports on Thursday show that the Commodity Futures Trading Commission (CFTC) has designated Ethereum (ETH), Bitcoin (BTC), and US Dollar Tether (USDT) as commoditie...
Tether restarts from the bankruptcy of FTX
Tether restores confidence among investors by ceasing lending activities but more importantly calming everyone about hedges by avoiding the problems FTX had run into. Coinbase is pushing its users to ...
Tether launches XAUT and EURT on Huobi, Orbeon Protocol Price Increases Again
Stablecoin provider Tether has launched its Euro and Gold pegged stablecoins on the Huobi Exchange, making it even easier for investors to buy, hold and trade these coins and commodities, regardless o...
Tether Is Being Hunted, Mike Alfred Claims
Alex Dovbnya Alfred’s comment comes after bombshell report about coordinated effort by exchanges to allegedly save Tether (USDT) Value investor and Bitcoin enthusiast Mike Alfred alleges that Te...
CFTC Says Bitcoin, Ethereum and Tether Are Commodities in Fraud Complaint Against FTX Founder Sam Bankman-Fried
The U.S. Commodity Futures Trading Commission (CFTC) is listing three crypto assets that it considers to be commodities. In a fraud complaint filed in the United States District Court for the Southern...
Binance integrates Tether (USDT) on EOS.io
The Eos.io token has been rising recently, following the integration of Tether (USDT) by Binance, a giant exchange in the blockchain world. Thus, thanks to Changpeng Zhao‘s platform, EOS’s exposure ha...
Tether Plans to Eliminate Secured Loans Held in Its Reserve in 2023
By a very large margin, Tether comes off as one of the top three companies operating as a Virtual Asset Service Provider (VASP) that receives a constant attack from mainstream media per its reserve. ...