After Genesis Global Capital ceased withdrawals due to FTX exposure, stablecoin Tether clarified that they have absolutely no exposure to Genesis or Gemini Earn. Moreover, they let it be known that t...
Tag: Tether
Tether Admits To Have Zero Exposure To Genesis Global
58 mins ago | 2 mins read Altcoin News Tether confirms that it has no exposure to Genesis amid the withdrawal halt. Tether announced on November 16 that they are striving hard to increase transparency...
Tether Secured over 31 Mn USD Worth USDT in FTX Hack
Bahamian crypto exchange FTX announced on 11th November 2022 about filing bankruptcy under the Chapter 11 Bankruptcy code. The very same day, founder and CEO Sam Bankman-Fried stepped down from his de...
Tether Up On US Treasury Bills, Reduces Commercial Paper Holding
Advertisement     The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsi...
Stablecoins are … stable again
The stablecoin market has stabilized since the collapse of TerraUSD as confidence is returning to larger coins, Fitch Ratings said. Tether and Circle, the issuers of USDT and USDC stablecoins, ...
Uniswap token gains as trading volumes jump; bitcoin, ether slip
Mainstream cryptocurrencies traded marginally lower on Tuesday morning on the U.S. East Coast, while some altcoins bucked the trend. Bitcoin was down 1.7% at $16,883 over the past day, while et...
Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings
The entity behind mysterious fund movements related to FTX crypto wallets has started liquidating token holdings from various networks. Over $12 million in chainlink (LINK) tokens were sold in early A...
Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
On the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies without an official notice — sparking speculations ranging from th...
$31.4M USDT Hacked From FTX Gets Blacklisted By Tether
FTX announces that the platform is getting hacked. Over $31.4 million USDT along with many other cryptos all hacked together at the same time. Following this Tether blacklists all the $31.4M worth US...
Tether Starts Blacklisting USDT Of FTX Exploiter
In response to the sudden movement of funds out of FTX and FTX US wallets, Tether took a protective measure by blacklisting USDT related to the FTX wallet drainer. Almost $600 million in tokens were t...
Tether Blacklists $30 Million USDT Moved Out By FTX Hacker
Crypto Live News The crypto space woke up with another hack, the FTX hack and this comes a day after Sam Bankman-Fried led FTX filed for bankruptcy. Now, the latest update claims that Tether has black...
Tron Agrees While Tether CTO Denies to Come Forwards for FTX
FTX is in a stiff situation and the gradual grievance is making it tough for the Bahamian crypto exchange. The company has lost a significant amount of assets given the abrupt withdrawals by the users...
“strong reserves and increase in vouchers “- The Cryptonomist
Today, Tether Holdings Limited, the asset-backed crypto stablecoin, made available its latest quarterly assurance opinion completed by BDO, one of the top five independent public accounting firms in t...
Tether has ‘no plans’ to rescue FTX/Alameda, but that’s not all…
As it struggles to close a purported multi-billion dollar hole in its financial sheet, cryptocurrency exchange FTX has lost at least one possible saviour. On 10 November, Tether CTO Paolo Ardoino affi...
Tether chief technology officer confirms no plans to rescue FTX
Cryptocurrency exchange FTX has lost at least one potential rescuer as it battles to fill a reported multi-billion dollar hole in its balance sheet. The chief technology officer of stablecoin issuer T...
What Backs Tether? 58% US Treasurys and a Mess of Other Stuff
In its latest quarterly assurance report, Tether indicates the top stablecoin’s reserves have seen a reduction in undisclosed commercial paper holdings in favor of US Treasurys. The report, effectivel...
Bitcoin, ether drop as FTX’s bankruptcy filing spooks crypto markets
Crypto prices sank on the news that FTX and more than 100 corporate entities affiliated with the firm are filing for bankruptcy. Bitcoin dropped 5.2% at $16,551, while ether crashed 6.5% to $1,...
FTX still in crisis, Tether won’t invest – crypto.news
Tether has indicated that it has yet to make plans to invest capital into FTX, despite the CEO allegedly approaching many companies for assistance. As it struggles to close a purported multi-billion d...
82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation
Stablecoin issuer Tether Holdings Limited published its latest quarterly attestation on Nov. 10, highlighting the “extremely liquid” nature of its assets at a time when crypto markets were reeling fro...
Tether also suffers the collapse of FTX
USDT, the stablecoin issued by Tether, fell 1% below its peg to the US dollar due to continued market turmoil, a direct result of the collapse of the FTX exchange. The largest stablecoin on the marke...
Tether freezes $46M of FTX’s USDT, setting new precedent
According to blockchain transaction data provided by WhaleAlert on Nov. 10, Tether appears to have frozen 46,360,701 USDT (USDT) ($46,274,472) owned by troubled cryptocurrency exchange FTX in its Tron...
Tether Freezes USDT Assets Belonging To FTX
Tether Freeze FTX USDT Assets: In a sudden development, Tether said it froze 46 million of USDT belonging to troubled crypto exchange FTX. A Tether representative reportedly said the USDT froze was ef...
Tether reportedly puts FTX’s $46M in USDT on ice
Tether has reportedly blacklisted $46.27 million worth of USDT belonging to FTX. An address with a balance of 46,360,701 #USDT (46,274,472 USD) has just been frozen!https://t.co/W958MBbhA9 — Wha...
Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound
Bitcoin (BTC) and crypto markets saw fresh volatility on Nov. 10 after stablecoin Tether (USDT) unpegged from the United States dollar. USDT/USD 1-day candle chart (Binance US). Source: TradingView Te...
Tether Reportedly Freezes $46M in USDT Linked to FTX
9 seconds ago | 2 mins read Exchange News USDT in cold storage belonged to a single address, which turned out to be FTX’s. Binance made an announcement yesterday saying it is canceling the deal. Tethe...
Tether Reportedly Freezes 46M USDT on Tron Owned by FTX
Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply with law enforcement agenci...
Tether Peg Hiccups Are Nothing New
The price of stablecoin Tether (USDT) briefly fell to 97 cents on Thursday, according to data compiled by Blockworks — and as low as $0.938 on the Kraken exchange — raising fears regarding the stabili...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens – Bitcoin News
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) prot...
Tether Freezes FTX USDT as Dollar Peg Wobbles
Crypto markets are stressed from the ongoing FTX scandal, causing the dollar peg of top stablecoin tether (USDT) to wobble on major platforms, including Binance. And just as USDT regained footing afte...
Bitcoin and ether up as U.S. inflation data below estimates at 7.7% in October
U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Tether dollar peg sinks 1.7% as FTX-induced turmoil persists
The Tether (USDT) stablecoin showed signs of wavering on Nov. 10, sinking as low as $0.9806 as market uncertainty continues to reign. Source: USDTUSD on TradingView.com The fallout from FTX’s insolven...
Tether Freezes Over $46M of FTX’s USDT
Key Takeaways Tether is freezing USDT wallets belonging to FTX. At least 46,360,701 USDT has been blacklisted so far. Tether is reportedly freezing funds by request from law enforcement. Share this ar...