Tag: tether
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Tether’s chief says it holds 150,000 bitcoin, 50,000 more than its report implies
The figure came from a keynote, and the quarterly report that BDO attested shows about 100,000.
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$6.3 billion: Binance’s own estimate of the largest crypto theft on record
Binance has promised to cover every loss, but it has not said how the attacker got in beyond a compromised laptop.
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A Senate investigator is asking Tether about payments to Bo Hines’ firm, and no payment figure has been published
Tether says its own counsel found no wrongdoing, which is not the same as an outside party agreeing.
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Tether says Iran-linked stablecoin volumes are down 94 percent, and nobody has checked the figure
The numbers are the chief executive’s reply to a Senate Democratic report, and none comes with a baseline.
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Standard Chartered has pushed its $2 trillion stablecoin forecast back two years, to 2030
Supply has sat between $300 billion and $320 billion for a year, while the bank says usage has kept climbing.
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Europe’s markets regulator wants unlicensed stablecoins off crypto platforms by January, and names none of them
The opinion never mentions Tether, whose USDT is the largest token it would catch.
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A payments firm is suing Tether over $2.76 million it froze a year ago and never gave back
Conduit says no police force asked for the freeze, which leaves the question of who an issuer answers to when it acts alone.
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Victims of the $295 million Drift hack can now claim, at about one cent on the dollar
Tether has pledged up to $127.5 million to the recovery pool, and so far none of it is in there.
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A Senate report says Tether’s dollar token is how Iran moves money around sanctions
Tether points to $550 million it has helped freeze, and the report’s author wants the Justice Department to decide whether that is enough.
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Aave built a lending market around a stablecoin that only launched this month
Institutions can now borrow against tokenised assets on Avalanche, using a Tether coin with no track record as the money on the other side.