Tether (USDT) | ForkLog

ForkLog 11 09.11.2022

Crypto industry participants distance themselves from FTX and Alameda Research.

Several major players in the crypto industry said they did not have close ties to Sam Bankman-Fried’s FTX and Alameda Research. According to representatives of several companies, the current crisis will not affect their operations.

AI translated

ForkLog 8 31.10.2022

Bloomberg: U.S. DOJ resumes probe into Tether

The U.S. Department of Justice has resumed a probe into possible bank fraud by the executives of Tether, the issuer behind the USDT stablecoin, according to Bloomberg, citing sources.

AI translated

ForkLog 11 14.10.2022

Tether Limited wipes out commercial-paper exposure in USDT reserves

The issuer of the USDT stablecoin — Tether Limited — has completely abandoned commercial paper in its reserves, replacing them with US Treasury bills.

AI translated

ForkLog 9 14.10.2022

US court excludes Roche Freedman from suit against Tether and Bitfinex

Roche Freedman has been removed from representing the plaintiffs in the class action against Bitfinex and Tether, accused of market manipulation.

AI translated

ForkLog 10 03.10.2022

US Treasury securities account for 58.1% of Tether reserves

The share of US Treasury bills in the collateral for the stablecoin USDT rose to 58.1% from 43.5% at the end of June. This was reported by the CTO of its issuer — Tether Holdings Limited — Paolo Ardoino.

AI translated

ForkLog 10 27.09.2022

SEC fines former Tether auditor $1 million

SEC charged Friedman LLP with 'serial violations of the federal securities laws' and 'misconduct'.

AI translated

ForkLog 11 23.09.2022

Tether Adds Polkadot Blockchain Support

The USDT issuer, Tether Operations Limited, has announced support for the Polkadot blockchain, making it the 14th network on which the stablecoin operates.

AI translated

ForkLog 14 21.09.2022

Court orders Tether to disclose collateral backing the USDT stablecoin

A New York court ordered Tether Limited to disclose financial documents to assess the reserves backing the USDT stablecoin in a case concerning possible market manipulation.

AI translated

ForkLog 12 16.09.2022

JPMorgan Analysts See USDT’s Role Rising Amid Binance’s BUSD Moves

Automatic conversion {{AOPEN_1}}Binance{{ACLOSE_1}} stablecoins {{AOPEN_2}}USDC{{ACLOSE_2}}, USDP and TUSD on user balances into BUSD will heighten the role of {{AOPEN_3}}USDT{{ACLOSE_3}} in cryptocurrency trading. JPMorgan analysts arrive at this conclusion, per The Block.

AI translated

ForkLog 12 12.09.2022

Tether launches USDT stablecoin on the NEAR network

The USDT issuer, Tether Operations Limited, has launched the stablecoin on the NEAR network.

AI translated

ForkLog 9 06.09.2022

Expert flags risks to USDT as Binance moves to convert stablecoins

Automatic conversion of Binance USDC, USDP and TUSD on user balances into BUSD at 1:1 would reduce USDT's market share, according to Wintermute CEO and founder Evgeny Gaevoy.

AI translated

ForkLog 13 29.08.2022

WSJ: Tether would be ‘technically insolvent’ if assets fell by 0.3%

A 0.3% drop in reserve assets could push the issuer of the stablecoin Tether to 'technical insolvency'. The Wall Street Journal concluded as much.

AI translated

#Tether (USDT)