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Following recent initiatives to promote blockchain innovation in Georgia, Tether announced that it has invested an undisclosed amount into the Series-A investment round of Academy of Digital Industries, a Georgia-based progressive education platform “offering an extensive range of digital training and masterclasses.
On December 25th, Tether, the entity behind the world's largest stablecoin, USDT, took a significant step to bolster its reserves. CEO Paolo Ardoino confirmed that Tether Treasury has minted an additional one billion USDT, a move described as ‘inventory replenish' on the Ethereum blockchain.
In the ever-evolving world of cryptocurrencies, 2023 has proven to be a year of profound transformation and challenges for the stablecoin ecosystem. The sector has grappled with significant disruptions, including the collapse of major players such as FTX, Alameda Research, BlockFi, Voyager, Celsius, Babel Finance, and Three Arrows Capital.
In a recent development on the Ethereum network, the Tether Treasury has executed a transaction resulting in the generation of an additional 1 billion USDT tokens. This move has significantly expanded the existing supply of Tether's stablecoin, prompting curiosity and interest within the crypto community.
Tether Treasury minted another one billion “authorized but not issued” USDT on Christmas Day, triggering some skepticism from the community.
A blockchain monitoring and analytics platform said that Tether (CRYPTO: USDT) Treasury has generated an additional 1 billion USDT tokens. What Happened: The event was logged on the Ethereum (CRYPTO: ETH) network and represents a sizable expansion to Tether's existing supply.
Tether, with a current market cap of $91.2 billion, has recently made a significant move within the crypto space. The company minted a whopping 1 billion USDT. This move, captured by Whale Alert on the Ethereum network, marks a strategic play by Tether Treasury.
Tether Treasury has minted an additional 1 billion USDT, as reported by Whale Alert, a blockchain tracker and analytics system. This transaction, executed on the Ethereum network, substantially increases Tether's circulating supply.
The Tether Treasury has minted 1 billion USDT, according to the latest data from blockchain tracker and analytics system Whale Alert.
Amidst holiday cheer, delve into a festive recap of 2023's top cryptocurrencies, each a unique gift to the industry.
The crypto industry experienced a significant number of security incidents in 2023 but is exploring new approaches to fight back against attackers and protect firms' public images.
Tether Operations Limited (Tether), the company behind the first and most widely used stablecoin, USDt, has announced a strategic investment into the Academy of Digital Industries. The investment, made during the Series-A funding round of the Georgia-based education platform, marks a new chapter in Tether's commitment to advancing digital knowledge and skills.
Tether has revealed its undisclosed investment in the Academy of Digital Industries' Series A funding round.
ChainArgos reveals Tether's proactive measures in freezing wallets suspected of links to Finiko scam, aligning with US Treasury's sanctions.
Upon examining the Ethereum addresses, there are a few questionable transfers, possibly tied to the Finiko pyramid scheme.
Bitfinex Securities Ltd., a platform known for security token trading, announced that the first tokenized bond issuance raised $5.2 million USDT.
Tether has blocked six new wallets on the Ethereum network, likely due to being linked to the Russia Finiko ponzi scheme.
In the realm of digital assets, stablecoins, particularly USDT as evidenced by the report, have gained a prominent position, capturing the market's attention with their substantial growth. In this article, we unveil the intricate dynamics of the stablecoin landscape, delving into the nuances of the latest CCData report, which meticulously analyzes market capitalization.
A recent report from the South China Morning Post (SCMP) explains the enabling role that Tether's USDT has on the underground Chinese-linked economy of Cambodia. The stablecoin is allegedly used in different activities like sidestepping capital controls for Chinese nationals, who can use it as an exchange device to acquire tools to facilitate online scams.
In a seismic jolt to the cryptocurrency landscape, a monumental transfer of $100 million worth of USDT (Tether) from Binance, a leading cryptocurrency exchange, to an undisclosed wallet has set the industry abuzz. The sheer magnitude of this transfer, flagged by Whale Alert, a tracker of large cryptocurrency transactions, has sent shockwaves through the digital asset realm, prompting intense speculation and scrutiny from market observers.
Bank of Korea (BOK) Gov. Rhee Chang-yong highlighted the rapid evolution of the digital financial landscape and its implications for central banks worldwide at a conference, "Digital Money: Navigating a Changing Financial Landscape," last Friday.
In a tumultuous turn of events, Tether, the stablecoin giant, finds itself embroiled in controversy as its USDT valuation faces a significant discount on prominent cryptocurrency exchanges. This dip follows the revelation of Tether's extensive collaboration with US authorities, triggering widespread uproar within the crypto community.
Tether asserts to have effectively immobilized 326 wallets, overseeing 435 million USDT, in cooperation with law enforcement agencies.
Stablecoin issuer Tether (USDT) is preparing to give the Federal Bureau of Investigation (FBI) access to its platform soon after onboarding the U.S. Secret Service.
