U.S. Authorities Recover $5M Tether in ‘Pig Butchering' Scam
U.S. authorities have seized almost $5 million worth of Tether allegedly associated with “pig butchering” scams.
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U.S. authorities have seized almost $5 million worth of Tether allegedly associated with “pig butchering” scams.
Tether CEO Paolo Ardoino decided against launching the company's own blockchain because of the availability of already strong existing blockchains.
Tether Holdings, the issuer of the world's largest stablecoin USDT, has decided to scrap plans to launch its own blockchain.
Cryptocurrency prices bounced this week after much weekend and Monday volatility. Bitcoin gained 3.6% to trade at $60,461 at the time of writing, while Ether bounced to trade at around $2,600.
Tether (USDT) the world's largest stablecoin issuer announced plans to launch a new Dirham-pegged stablecoin in collaboration with UAE resident companies.
Tether is set to pioneer a new Dirham-pegged stablecoin, marking a significant step into the UAE's dynamic financial market.
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals.
Michael Saylor, the founder and former CEO of MicroStrategy, has once again made headlines with his bullish stance on Bitcoin. In a tweet that quickly went viral, Saylor declared, “By my calculations, Bitcoin [BTC] is going up forever.
Tether, the largest stablecoin provider, has expanded its market to UAE.
Tether has teamed up with Phoenix Group and Green Acorn Investments to bring a Dirham-pegged stablecoin to the UAE.
Tether, the major stablecoin issuer, has announced plans to create a new stablecoin linked to the United Arab Emirates Dirham (AED).
Tether, the issuer of the USDT stablecoin, announced its collaboration with Phoenix Group and Green Acorn Investments to develop a new stablecoin pegged to the United Arab Emirates Dirham (AED). The initiative is set to “lead the way” in seeking licensing under the country's new regulatory framework and facilitate transactions.
As the Bitnance ICO moves towards 60,000 tokens acquired by various wallet addresses of investors, the crypto brand has opened more onramps for payment. Previously, traders could only buy into the token presale with BNB coins. Finally, investors can buy the ‘Bitcoin of the Binance Chain' with credit card, ETH, and USDT now.
At press time, Tether's dominance in the stablecoin sector is unparalleled, with USDT capturing a commanding 70% market share. Its closest competitor, USDC, holds around 20.8%.
Its worldwide growth ambition takes a major step forward with this development. The issuer has announced a partnership with the UAE's tech giant, Phoenix Group.
Tether has announced plans to launch a stablecoin pegged to the United Arab Emirates Dirham (AED). The token will be fully backed by liquid reserves based in the UAE, ensuring stability for users.
Stablecoin issuer Tether (USDT) is announcing new plans to launch a new digital asset pegged to the Dirham (AED), the currency of the United Arab Emirates (UAE).
Tether, the issuer of biggest stable coin USDT is planning to launch a stablecoin tied to the UAE Dirham. This is a huge step for Tether as they expand their reach into the Middle East, a region that's quickly embracing blockchain technology. Let's understand what they are planning and how it affects the crypto community.
Tether announces plans to introduce a stablecoin pegged to the UAE Dirham (AED), in partnership with Phoenix Group and Green Acorn Investments.
The innovative stablecoin by Tether aims to revolutionize transactions in the United Arab Emirates
Tether wants to launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham (AED). The company announced the move today, noting that it will launch the new stablecoin in partnership with Green Arcon Investments Ltd and Phoenix Group PLC.
On August 21, Tether, the stablecoin issuer behind USDT, announced plans to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). The forthcoming stablecoin, developed in collaboration with UAE-based tech conglomerate Phoenix Group PLC and with support from Green Acorn Investments Ltd, marks the latest addition to Tether's growing portfolio of stablecoins.
Tether stablecoin issuer has added 3 billion USDT to its circulating supply in just one week. The addition of new tokens has raised concerns among traders and analysts about its effect on the cryptocurrency market.
Once launched, the new product will join Tether's other stablecoins, including those pegged to the US dollar (USDT), the European euro (EURT), Mexican pesos (MXNT), Chinese yuan (CNHT), and Tether Gold (XAUt), which tracks the value of physical gold.