Bitcoin News / Bitcoinist - 1 year ago
In a recent announcement, stablecoin issuer Tether (USDT) revealed its investment in Oobit, a mobile payment application. The successful conclusion of Oobit’s Series A funding round resulted in $25 million raised, supporting the development of...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers th...
Bitcoin News / Bitcoin.com - 1 year ago
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable e...
Cryptocoins News / CoinJournal - 1 year ago
Tether led the $25 million Series A round for crypto payments firm Oobit. Solana co-founder Anatoly Yakovenko also backed the platform’s investment round. Oobit, a mobile payments firm that allows users to pay with crypto, has raised $25 mill...
Bitcoin News / Google News Bitcoin - 1 year ago
Crypto Biz: Tether's bumper 2023, Global X pulls Bitcoin ETF filing, and more& & Cointelegraph
Bitcoin News / Bitcoinist - 1 year ago
Tether, the undisputed king of stablecoins, finds itself at the center of a heated debate. Its surging market share, nearing $100 billion, brings both comfort and concern. While many see it as a pillar of stability in the volatile crypto market, othe...
Cryptocoins News / Blockchain - 1 year ago
Tether Holdings Limited reported a Q4 2023 profit of $2.85 billion, boosted by US Treasuries, Gold, and Bitcoin reserves, and a net profit of $6.2 billion, showcasing strong financial health. (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin Magazine - 1 year ago
Announced today, Tether, the leading stablecoin issuer, has emerged with a robust balance sheet showcasing ownership of over $2.8 billion in Bitcoin. The information comes to light following an audit conducted by BDO, a renowned auditing firm, as det...
Bitcoin News / Google News Bitcoin - 1 year ago
Tether's Audit Report Reveals Over $2.8 Billion in Bitcoin Holdings& & Bitcoin Magazine
Bitcoin News / Bitcoinist - 1 year ago
In an exciting turn of events, the cryptocurrency market is poised to extend its recent comeback, buoyed by a fresh $1 billion injection of capital from Tether, a leading stablecoin issuer. This move comes during a period of aggressive expansion for...
More / Etherum Reddit - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Google News Bitcoin - 1 year ago
Tether Snaps Up More Bitcoin, Brings Holdings to $2.8 Billion& & Decrypt
Bitcoin News / Google News Bitcoin - 1 year ago
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder& & CoinDesk
Bitcoin News / Bitcoin.com - 1 year ago
Tether, the issuer of the stablecoin USDT, has blasted the findings of a United Nations Office on Drugs and Crime study which ignore the stablecoin’s “role in helping developing economies in emerging markets.” According t...
Cryptocoins News / Blockchain - 1 year ago
Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies. (Read More)
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
A report released on January 15 by the United Nations (UN) Office on Drugs and Crime identified Tether, the USDT stablecoin issuer, as the “most popular vehicle for cryptocurrency-based money launderers in the Southeast Asian region.” Te...
by COINS NEWS - 1 year ago
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by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor aroun...
Cryptocoins News / CoinJournal - 1 year ago
Tether says the UN report and analysis ignored the fact that USDT is traceable on the blockchain. CEO Paolo Ardoino says the stablecoin issuer will continue to collaborate with law enforcement and other parties, including the UN. Tether has respond...
