Bitcoin News / Bitcoinist - 2 years ago
Data shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed Around $10 Billion Reserves After UST’s Collapse A stablecoin is a t...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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Cryptocoins News / CoinJournal - 2 years ago
It’s still rough out there, people. When looking at crypto specifically, the nuke of UST and Luna sent panic through the crypto markets like never before. One of the most intriguing – and downright terrifying – effects of this meltdown was the de-...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
BitFinex and Tether are partners, and iFinex was the parent company of both. One investigative journalist went to visit the listed addresses for all 3 companies and reported his discoveries several years ago. Not surprisingly, all 3 offices were eith...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assu...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
USDT had always been perceived as the pillar in the stablecoin segment of cryptocurrencies, but with the recent crash of UST just a couple of days ago, real concerns have emerged over the true stability of the USDT token itself… with escalating globa...
by COINS NEWS - 2 years ago
Here's the link to the report: https://tether.to/en/transparency/#reports You have to click on the lefthand MHA Cayman box. But, seeing as half this sub wont bother to read it, here's the key part: "In our opinion, the Consolidated Reser...
Cryptocoins News / NewsBTC - 2 years ago
As per the official report published on May 18, Tether, the issuer of the world’s most used stablecoin, USDT, has cut 17% of its commercial paper holdings and increased United States Treasury bills with this reserve amount to back its stablecoin, US...
Cryptocoins News / The Cointelegraph - 2 years ago
Tether (USDT) and Bitfinex chief technology officer Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, but was simply “poorly designed.” Speaking on the Terra ecosystem’s market-shattering crash, Ardoino likened its a...
Cryptocoins News / The Cointelegraph - 2 years ago
USDT Stablecoin issuer Tether (USDT) has reported it cut its reserves allocation to commercial paper investments and increased that of United States Treasury bills over the first quarter of 2022.In a Thursday blog post, Tether reported its reserves w...
Cryptocoins News / The Cointelegraph - 2 years ago
Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether (USDT).In a Thursday announcement, Tether and Lugano said they will be launching the Plan...
Cryptocoins News / CoinJournal - 2 years ago
Tether has released an attestation report showing that the USDT stablecoin reserves are “fully backed.” Prepared by independent accountants MHA Cayman, the attestation also shows that Tether’s consolidated assets exceed liabilities, with consolidat...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
So after the UST/Luna fiasco, stablecoins have rightfully came under much more scrutiny. And everyone in this space knows that USDT (Tether) has long been suspected of hiding its true reserves. This morning, Tether published a report signed by an ind...
by COINS NEWS - 2 years ago
Murphys law states: „Whatever can go wrong, will go wrong.“ For years now we’re making a pact with the devil. Everyone know’s Tether isn’t backed by 69 Billion Dollar. There is even a chance their safes are completely empty but we just accept it beca...
by COINS NEWS - 2 years ago
Tether's official website released an article named "How Tether USD₮ Is Able to Maintain Its Peg When Other Stablecoins Fall". So, there should be a professional explanation about their reserves? Nope. The entire article is pretty much...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
nodejs - calculate tron tether transaction fee - Bitcoin Stack Exchange Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only take...
by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
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by COINS NEWS - 2 years ago
Been seeing even more “rip the bandaid off” and more amateur sleuthing into how tether is worthless/smoke and mirrors. Some have gone so far to call tether a cancer that must die for crypto to ascend to some magical new ath. Personally, I acknowledg...
