News about Tether

More / Etherum Reddit - 2 years ago

Tether is HOLDING us BACK #CUTTHETETHER

Cryptocurrency is going to be in our futures. Do you want Tether in that future? Tether has been involved in malpractice since the beginning. It's value was never backed 1-1, its always been opaque to the industry- and at this point in time its t...

by COINS NEWS - 2 years ago

PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro

In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...

by COINS NEWS - 2 years ago

PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro

In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...

by COINS NEWS - 2 years ago

PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro

In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...

by COINS NEWS - 2 years ago

PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro

In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...

by COINS NEWS - 2 years ago

PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro

In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is the glue holding the world of crypto exchanges together. I'm sure most of you have seen the movie "The...

by COINS NEWS - 2 years ago

In June, Micheal Burry predicted BTC crash because "H&S pattern". But since his thesis was invalidated, he deleted his old tweets. Now spreading Tether FUD claiming crypto markets could blow up because of Evergrande. Don't fall for it.

Micheal Burry may have been the smartest guy in the room during the 2008 GFC, but his trades with respect to Bitcoin havent been nearly as successful. This is what he posted in June: Short Bitcoin, \"Easiest riddle. Cant get any easier t...

by COINS NEWS - 2 years ago

Stop holding fiat in Tether if you haven't already!

Tether, often referred to as USDT are tokens minted by Tether Limited which is owned by the same people who own Bitfinex. It is designed to always have the value of 1 US dollar but cryptocurrency format. They supposedly achieve this by keeping...

Cryptocoins Exchanges / Binance - 2 years ago

Tether has over $68bn under their management and just 13 employees. That's a record, the previous record holder was Bernie Madoff's ponzi scheme with $50bn under management and 25 employees. Isn't this concerning given Tethers refusal to be audited?

Tether only has 13 listed employees on LinkedIn. Source There is just over $68bn Tether in existence, meaning Tether theoretically has $62bn under their control. Source That is over $3bn in assets per employee of Tether If that seems comically low it...

by COINS NEWS - 2 years ago

Tether is hiding something!

CofeeZilla strikes again, Video:https://youtu.be/WgJjf4HaRsk Looks like Tether is blocking New York Attorney General from sharing information regarding their investigation to CoinDesk, which CD is entitled to by the Freedom of Information Law! This i...