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Tether “FUD” often springs up alongside the reliable “crypto is dead” chorus that rings out from season to season. However, Nic Carter believes that the stablecoin is “unfairly maligned” by its detractors, which he refers to as “Tether truthers.
Fee distribution data from Santiment shows an interesting trend within the crypto world as some memecoins surpass established stablecoins such as USDC and USDT in gas usage. Santiment added that speculative trading results in this unusual event.
DeTrust, a subsidiary of blockchain data analysis firm Bitrace, has uncovered startling insights into the flow of contaminated USDT (Tether) within Southeast Asia.
Bitrace, a blockchain analytics firm, revealed that 115 billion USDT was involved in illegal cryptocurrency activities in Southeast Asia in 2022, highlighting the transparency of blockchain ledgers.
Controversy and speculations erupted after Paolo Ardoino, Tethers Chief Technology Officer, shared an image that raised eyebrows among the crypto community. The image, shared on X (previously known as Twitter) on August 24, depicted a container bearing a manipulated Tether Energy emblem.
In the ever-evolving world of cryptocurrency, Tether, a prominent stablecoin issuer, has recently been at the center of attention. The company's Chief Technology Officer, Paolo Ardoino, has been in the spotlight, addressing rumors and speculations about the company's Bitcoin mining operations.
Paolo Ardoino, Tether's CTO, hints at Tether's Bitcoin mining operations in South America while maintaining secrecy over the location. Amid speculation, Ardoino provides insight into the deliberate branding strategy and discusses Tether's upcoming mining software for enhanced transparency.
Tether's Chief Technology Officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that.
Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on Aug. 24. The photo sparked a flurry of rumors and speculations which Ardoino addressed in a separate post on X on Aug. 26.
Tether and Circle have jointly blacklisted the address 0x26e0d078AAC76C9BA2b348825B413744A82A2cfD.
Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
Tether Chief Technology Officer Paolo Ardoino has highlighted the fact that a lot of speculations have emerged following a post that he made concerning the firm's energy outfit. The said post saw Ardoino share a picture of a container with the inscription “Tether Energy” and its logo.
In the swiftly changing landscape of digital currencies, Tether, a prominent stablecoin issuer, stands tall with an exceptional $86.1 billion in total assets, marking its unwavering presence amid intensifying competition and the intricate web of uncertain regulatory frameworks.
Recently, Plan ₿ joined with FC Lugano in a strategic partnership in the world of soccer, involving payments in Bitcoin, Tether and more.
In the ever-evolving realm of cryptocurrencies, Tether has embarked on a significant stride towards enhancing transparency within its operations. By unveiling an all-encompassing report detailing its current financial standing, the popular stablecoin aims to assuage concerns surrounding its liquidity and provide a more lucid depiction of its assets and liabilities.
Tether now has more tokens circulating on Tron than on Ethereum.
Cryptocurrencies are more than just price action, market capitalization, and tokenomics. Such innovative technology, moving a trillion-dollar market, is actually meant to be used by people, in order to solve real-world problems.
Tether's $3.3B liquidity cushion boosts ecosystem stability; Solana leads with $1.57B issuance pre-authorization. Transparency report quells liquidity concerns.
Tether, issuer of stablecoin USDT, revealed on Thursday that its assets have fallen slightly to $86.1 billion, down from $86.5 billion in July.
Tether Holdings Inc., the company behind the leading stablecoin USDT, announced on March 30 their new enterprise with sustainable Bitcoin mining in Uruguay. Five months later, there was a new update on August 24 on what could be one of these new Bitcoin (BTC) mining sites, but one thing stood out above what should have been some good news.
The U.S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether's USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U.S. Marshal address for which the funds were meant.
The cryptocurrency world is no stranger to scrutiny and transparency demands. In line with this ethos, Tether, a titan of the stablecoin industry, has just unveiled the contents of its recently updated reserve report. A Snapshot of Tether's Assets and Liabilities As of August 24, Tether reported an impressive total asset pool valued at US$86.
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%.
Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.
