Tether froze $1.4m of the $2.7m stolen from the Remitano exchange.
Experts detected suspicious asset withdrawals totaling $2.7m from Remitano's hot wallets. The platform said it had been hacked.News about the stablecoin Tether (USDT).
Tether froze $1.4m of the $2.7m stolen from the Remitano exchange.
Experts detected suspicious asset withdrawals totaling $2.7m from Remitano's hot wallets. The platform said it had been hacked.
Tether’s holdings of U.S. Treasuries reach $72.5 billion
The issuer of the stablecoin USDT, Tether, became the 22nd-largest purchaser of U.S. Treasuries, with reserves of $72.5 billion.
Kaiko highlights problems with USDT peg
Throughout August there was a small but persistent deviation of USDT from the US dollar, a 'cause for concern'.
Media: Tether signs partnership with Bahamian bank
The issuer of the {{AOPEN_1}}stablecoin{{ACLOSE_1}} USDT, Tether, has signed an agreement with the private Bahamian bank Britannia Bank & Trust to process dollar transfers.
Binance.US partners with MoonPay to add USD top-ups for USDT
Binance.US has partnered with MoonPay to add an alternative method for funding USDT in USD.
Tether halts USDT issuance on Kusama, Bitcoin Cash SLP, and Omni Layer networks
On 17 August, the issuer of the stablecoin USDT, Tether halted issuance of the asset in the Kusama, Bitcoin Cash SLP and Omni Layer ecosystems.
Chinese citizen jailed for nine months over USDT purchase
A Chinese citizen was sentenced to nine months in prison for purchasing USDT worth 94,988 yuan (just over $13,000).
Analysts flag the renewed ‘wars of stablecoins’
Massive USDT sales by Tether signal the return of 'wars of stablecoins'. Kaiko analysts conclude as much.
Binance chief criticises USDT stablecoin
Binance chief Changpeng Zhao expressed concerns about the 'stablecoin' Tether ({{AOPEN_1}}USDT{{ACLOSE_1}}), calling it a 'black box' with a 'certain' level of risk.
Tether reports $850m net profit in the second quarter
The issuer of the USDT stablecoin, Tether Limited, for the April–June 2023 period, recorded net profit of $850 million.We use cookies to improve the quality of our service.
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