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Tether, the issuer of the stablecoin USDT, has bought a lot of BTC to its reserves. The company acquired 8,888 Bitcoins worth $618 million on March 31.

Decentralized exchange FixedFloat's Ethereum-based hot wallet saw several suspicious transactions that led to the withdrawals of $2.8 million during the past day, according to the Web3 security firm Cyvers.

The issuer of the USDT stablecoin uses part of its profits to buy the queen of crypto.

According to data provided by Arkham Intelligence, the transaction took place on March 31, 2024, at 17:21 UTC, as Tether received the Bitcoin from Bitfinex's hot wallet. This latest acquisition has propelled Tether's total Bitcoin reserves to over 75,000 BTC, valued at more than $5.3 billion.

Tether is now ranked as the 7th largest BTC holder globally after it recently bought 8,888 BTC, pushing its total holdings to 75,354 BTC.

The audit, developed by the American Institute of Certified Accountants (AICPA), is the highest level of security compliance an organization can achieve.

Tether has announced the completion of the SOC 2 Type 1 audit.

Tether says it is committed to undergoing the SOC 2 examinations annually and looks forward to bagging the SOC 2 Type 2 Certificate by 2025.

Stablecoin issuer Tether has announced the successful completion of the System Organization Control (SOC) 2 Type 1 audit. According to Tether, this step is integral to reinforcing its commitment to providing a secure and transparent environment for its users, highlighting its role as a frontrunner in the industry.

Tether Ltd (the company that manufactures Tether, the world's most popular stablecoin, denominated in USDT), has been able to report a very positive event in its history: after passing the SOC 2 audit, it is now certified.

Tether has increased its Bitcoin holding. Having just presented the recent statistics showing that the company has grown its Bitcoin holdings to more than $5 billion due to strategic M&A is a further confirmation of its significant presence in digital assets.

IAndrey Zverev, identified as a Russian operative in China, reportedly facilitated transactions on behalf of Kalashnikov Concern, Russia's leading small arms manufacturer. What Happened: Using Tether (CRYPTO: USDT), Zverev successfully transferred millions of dollars to secure electronic parts for drones—a key component in Russia's arsenal against Ukrainian defenses, The Wall Street Journal reported.

The firm behind the leading USD-pegged stablecoin is releasing the results of a recent security audit. According to a new blog post from Tether, the firm behind USDT, is taking steps toward “achieving the highest level of security compliance an organization can demonstrate.” “Tether, the largest company in the cryptocurrency industry, announced a significant security update today.

Stablecoin giant Tether added even more Bitcoin to its balance sheet in Q1 and now holds over $5.1 billion worth of the asset.

Stablecoin leader Tether acquires 8,889 units of Bitcoin.

Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether's Bech32 address now ranks as the seventh-largest holder of bitcoin by volume.

Tether added to its Bitcoin (BTC) holdings in the first quarter of 2024, purchasing 8,888 more BTC for $626 million. A wallet address associated with the company shows Bitcoin holdings of 75,354 — which makes it the seventh-largest holder of the benchmark cryptocurrency.

Cryptocurrency exchange Binance will force the conversion of 15 tokens into USDT.

Tether announces a major security update, reaffirming its compliance with the SOC 2 Type 1 standards.

Tether has completed a System Organization Control (SOC) 2 Type 1 audit, a major security compliance milestone.

The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.

Stablecoin issuer Tether Holdings Inc. kickstarts the second quarter of 2024 on a high note after completing its System Organization Control (SOC) 2 Type 1 audit. What The Tether Audit Means?

Tether SOC 2 Type 1 audit has now been completed, enhancing security and compliance.

Russian intermediaries are reportedly navigating the complex web of sanctions imposed by the West, leveraging cryptocurrencies like Tether's USDT. They are allegedly using USDT to secure vital components for military hardware.