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Tether froze USDT belonging to FTX as speculation spread over whether its sister organization was shorting the stablecoin

Despite reassurances from founders of the stablecoin, Tether has continued to push back its timeline on being audited by an independent firm.

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) protocol Curve's 3pool, as the stablecoin pool has become unbalanced Thursday morning. Furthermore, at 9:35 a.m.

Centralized stablecoin issuer Tether has frozen funds belonging to FTX.

Tether has reportedly blacklisted $46.27 million worth of USDT belonging to FTX. The post Tether reportedly puts FTX's $46M in USDT on ice appeared first on CryptoSlate.

The largest stablecoin issuer said it had to comply with law enforcement.

Tether has thus far only frozen USDT funds held in private wallets when requested by law enforcement.

In response to a request from law enforcement, stablecoin holder Tether (CRYPTO: USDT) has frozen $46 million in USDT on the Tron blockchain owned by the embattled cryptocurrency exchange FTX.

Tether Freeze FTX USDT Assets: In a sudden development, Tether said it froze 46 million of USDT belonging to troubled crypto exchange FTX. The post Breaking: Tether Freezes USDT Assets Belonging To FTX appeared first on CoinGape.

Tether has frozen 46 million of USDT owned by crypto exchange FTX, as a result of a request from law enforcement. The post Tether freezes 46.3 million USDT owned by FTX at request of law enforcement appeared first on The Block.

The crypto markets have become more volatile ever since the problems with the FTX exchange and Alameda came to light. Extreme panic was felt in the market as Bitcoin and all the other major cryptocurrencies hit fresh yearly lows.

Tether (USDT), the largest stablecoin in existence and the lubricant that keeps the crypto markets ticking over, briefly fell 2% below its US$1 peg in the past hour. While stablecoin depeggings are common, anything greater than a fraction of a percent can be worrying.

Justin Sun promises $1 billion USDT buy to support USDD reserves and maintain dollar peg.

TRON DAO wants to “safeguard the overall blockchain industry and crypto market” as Alameda Research opens positions on USDT.

Justin Sun's Tron is purchasing 1 billion USDT to fight short sellers and "safeguard the overall blockchain industry." The post Tron Dao to purchase 1 billion USDT to fight short sellers appeared first on The Block.

Tether's dominance of the Curve 3pool has risen to 86% amid massive swaps from USDT to stablecoins like USDC and DAI. The post Stablecoin liquidity on Curve's 3pool falls to lowest level since Luna crash appeared first on The Block.

Following the news of the liquidity crunch at FTX, Tether (USDT) has slipped from its $1 peg and currently trading below the $0.98 price

The crypto market is still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether's stablecoin USDT might be more affected by the downfall of FTX than it would like to admit.

1.16pm: Tether briefly depegs Tether (USDT), the largest stablecoin in existence and the lubricant that keeps the crypto markets ticking over, briefly fell 2% below its US$1 peg in the past hour. While stablecoin depeggings are common, anything greater than a fraction of a percent can be worrying.

The Tether (USDT) stablecoin showed signs of wavering on November 10, sinking as low as $0.9806 as market uncertainty continues to reign. The post Tether dollar peg sinks 1.7% as FTX-induced turmoil persists appeared first on CryptoSlate.

Tether follows TRON's USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.

Ever since the issues regarding the FTX exchange & Alameda have surfaced, a ripple of negative impacts has worsened the crypto markets. Bitcoin and all the popular altcoins marked new yearly lows, causing extreme fear within the space.

[PRESS RELEASE – Lausanne, Switzerland, 9th November 2022] KuCoin has announced it will list AirDAO's $AMB token with a USDT pair on November 9th. The announcement gives KuCoin's 25 million global users the opportunity to participate in AirDAO's up-and-coming DeFi ecosystem, boosting its rapidly growing international community and marking another exciting exchange listing for AirDAO.

Tether's USDT has fallen slightly below its dollar peg on Thursday morning amid the ongoing uncertainty in crypto markets. The post Tether's USDT falls 1% below dollar peg amid market uncertainty appeared first on The Block.