Tether (USDT) | ForkLog

ForkLog 37 09.11.2022

Tether CTO refutes USDT depeg and points to CoinGecko data issues

The observed 3% deviation of USDT from $1 on CoinGecko was due to a glitch, not a real state of affairs. This was stated by Paolo Ardoino, CTO of the stablecoin issuer.

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ForkLog 16 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.

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ForkLog 13 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.

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ForkLog 17 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.

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ForkLog 10 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.

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ForkLog 14 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.

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ForkLog 11 27.09.2022

SEC fines former Tether auditor $1 million

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

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ForkLog 18 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.

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ForkLog 19 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.

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ForkLog 13 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.

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ForkLog 14 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.

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ForkLog 12 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.

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