Cryptocoins News / Blockchain - 10 months 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 - 10 months 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...
Bitcoin News / Bitcoin Magazine - 10 months 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 / Bitcoinist - 10 months 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...
Bitcoin News / Bitcoin.com - 10 months 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 - 10 months 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)
Bitcoin News / Bitcoinist - 10 months 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...
Bitcoin News / Bitcoin.com - 10 months 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 - 10 months 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...
Bitcoin News / Bitcoinist - 10 months ago
According to a report by the Financial Times, the United Nations (UN) Office on Drugs and Crime has identified Tether, one of the world’s largest cryptocurrency platforms, as an increasingly popular tool for money launderers and fraudsters oper...
Bitcoin News / Bitcoin.com - 11 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina advises...
Bitcoin News / Google News Bitcoin - 11 months ago
Bitcoin Halving and Approved BTC ETF Will Enhannce Adoption: Tether CEO Paolo Ardoino (Interview)& & CryptoPotato
Cryptocoins News / Blockchain - 11 months ago
Tether has blacklisted five new addresses on the TRON blockchain, highlighting its efforts to maintain network integrity and security. The largest address lost over $1.2 million USDT, aiding law enforcement and users in recovering stolen funds. (Read...
Cryptocoins News / Blockchain - 11 months ago
Major banks set to challenge Tether's stablecoin dominance, leveraging trust, compliance, and technology in a rapidly evolving market. (Read More)