Tag: tether

Jul 27 2021

Bitcoin Cost Tesla $23M in Q2

July 27, 2021 / Unchained Daily / Laura Shin Daily Bits...

Tether Executives are Being Investigated by the Department of Justice

As reported by Bloomberg on Monday, executives at the helm of the biggest stablecoin in the market are facing a probe by the Department of Justice (DOJ). DOJ is searching through Tether’s old records and "scrutinizing whether Tether concealed from banks that transactions were linked to crypto”, the report said.

Tether Refutes Bloomberg Bank Fraud Claim Calling it Clickbait

Jul 27 2021 Published at Altcoin Buzz under tags  cryptocurrency news tether usdt

The company behind the Tether stablecoin has responded to a Bloomberg article that claimed there was a probe into executives that may have committed bank fraud. On July 26, Bloomberg ran an article claiming that a U.S. probe into Tether is focusing on whether company executives committed bank fraud, adding “a potential criminal case that would have broad implications for the cryptocurrency market.”...

Jul 26 2021

Breaking: Tether Executives Could Face Criminal Probe for Alleged Fraud

Jul 26 2021 Published at Bitcoinist.com under tags  breaking news tether usdt

Per a Bloomberg report, executives from Tether Limited, the company behind stablecoin USDT, could face a criminal probe for alleged bank fraud. The investigation is currently...

Breaking: US DOJ set to investigate Tether executives over Bank Fraud

Jul 26 2021 Published at Coingape under tags  bank fraud btcbrl btcbusd btcdai btceur

Tether, the stable coin issuer might be in trouble again as the US Department of Justice (DOJ) has initiated a probe to investigate whether the executives of the company were involved in bank fraud. *TETHER EXECUTIVES SAID TO FACE CRIMINAL PROBE INTO BANK FRAUD -- *Walter Bloomberg (@DeItaone) July 26, 2021 The investigation by the The post Breaking: US DOJ set to investigate...

Jul 21 2021

USDC Backed by 61% Cash and Equivalents

Reading Time: 2 minutes Circle has produced the 33rd transparency report for its USDC stablecoin Each USDC is currently backed 61% by cash and cash equivalents, compared to Tether’s 3.87% Circle’s 33rd transparency report comes two months after Tether was forced to...

Jul 20 2021

Why Tether (USDT) hasn’t issued any USDT in 7 weeks?

Jul 20 2021 Published at Coingape under tags  bitcoin news bitcoin price btcbrl btcbusd btcdai

Tether issued USDT is the biggest stablecoin player in the market with $61.9 billion in market cap. The top stablecoin has been often associated with Bitcoin (BTC) price boost FUDs in the past. The ongoing bearish market sentiments that have continued since May market mayhem also coincides with USDT's non-issuance. The last market issuance of The post Why Tether (USDT) hasn't issued any...

Jul 15 2021

Jul 12 2021

That JPMorgan Report On El Salvador Doesn’t Even Mention The Lightning Network

How embarrassing! As more details about JPMorgan ’s “The Bitcoinization of El Salvador” report come to light, the reality of the situation settles. Traditional organizations don’t have a clue that the Lightning Network exists and is up and running. More so, Bitcoin is legal tender in El Salvador because and only because El Zonte is a living and breathing example of the Lightning...

Jul 08 2021

Tether Advertises For Full Time FUD Fighter

Reading Time: 2 minutes Tether has advertised for a ‘reputation manager’ to work on improving the company’s appeal Tether has come in for huge criticism over the way its tokens are backed Tether’s market cap is $62.3 billion with less than 4% being cash Tether...

Jul 05 2021

Tether’s Biggest Stablecoin Competitor Is…

July 2, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jun 25 2021

Tether (USDT) Now Has its Very Own Twitter Emoji

The stablecoin of Tether (USDT) now has its very own Twitter emoji Tether (USDT) joins Bitcoin, Tron, Binance Coin and Crypto.com Coin with the new feature The supply of Tether (USDT) is showing signs of entering a plateau phase as demand for stablecoins slows down with a weakened crypto market The stablecoin of Tether (USDT) now has its very own Twitter emoji. This...

Jun 22 2021

With Bitcoin Clarity, El Salvador Allows Strike To Abandon USDT

How Lightning Network startup Strike went from using USDT in El Salvador to helping the country build financial infrastructure with Bitcoin.When El Salvador passed a law making bitcoin legal tender in the country, it did not just set itself on a path to add the payment option to existing infrastructure. It provided regulatory clarity that allowed an existing Bitcoin-forward platform to better...

Jun 12 2021

USDT Exchange Inflows Reach 5-Month Low, Is Market Gearing Up for Another Dip?

Jun 12 2021 Published at Coingape under tags  bitcoin price btcbrl btcbusd btcdai btceur

The crypto market is currently in a consolidation phase as bearish sentiments are dominant ever since last month's market correction. Over the past 24-hours, the crypto market has lost 4% of its market cap which dipped below $1.5 trillion for a...

May 25 2021

Is Tether FUD Next, after China Bitcoin Ban and Bitcoin Mining Energy FUD?

May 25 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

The Bitcoin bull market this season is currently undergoing through 'FUD- Phase' where a series of FUDs have hit the market one after the other, many of which has already been debunked. After Bitcoin mining...

May 24 2021

Analysts are Predicting an upcoming Crypto Boom because of THIS!

It has become a routine to see a crypto market crash every now and then. Thanks to many events that happened lately, we currently witness a strong market crash. Many traders and investors sit on the sideline, waiting for the storm to end. The saying usually...

Algorithmic Stablecoins Temporarily Lose Pegs as Crypto Markets Crash

Stablecoins that alter their supply to maintain their value are struggling to keep up with volatile markets.

May 21 2021

Tether Reaches Market Cap of $58 Billion

USDT became the third most valuable digital currency in the world on Friday.

May 17 2021

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