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Latest News

Keep up with what's happening in the crypto world in real-time.

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Neutral
cover-imageCryptopolitan
November 3, 2024

Tether is not planning to build a blockchain, says CEO Paolo Ardoino

Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its stablecoin, USDT, on various networks to support decentralized use cases, like gas fees, on independent Layer 2 (L2) solutions.

Negative
cover-imageCryptopolitan
November 3, 2024

Thai police officers extort 170,000 USDT from foreign victim

Thai authorities have arrested six police officers and one civilian for using a fake warrant to stage an arrest and extort 165,000 USDT from an expat. The victim, a Chinese-Vanuatu national, filed a complaint along with his wife and other family members at a Bang Sue police station.

Positive
cover-imageNewsBTC
November 2, 2024

CEO Ardoino On Tether Q3 Performance: $2.3 Billion Gains And What Lies Ahead For The Stablecoin

On Thursday, Tether (USDT), the world's largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether's growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024.

Negative
cover-imageBitcoin
November 2, 2024

Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT

Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed a complaint accusing them of staging a fake arrest and extorting 165,000 USDT.

Positive
cover-imageBitcoin
November 1, 2024

Inside Tether's $14.2B Equity Peak—Key Takeaways From the Q3 Attestation

Tether's third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether's Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest attestation, Tether Holdings Limited reports a third-quarter net profit of $2.5 billion, pushing its nine-month consolidated profit to $7.7 billion.

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