USDT

Nearly $20 million in cryptocurrencies has been reportedly drained out of U.S. government-linked wallets holding funds seized from the Bitfinex cryptocurrency exchange hack. What Happened: About $14 million in the Aave USDC (AUSDC) stablecoin, $5.4 million in USD Coin (CRYPTO: USDC), $1.1 million...

Stablecoin issuing company Tether (CRYPTO: USDT) launched a new platform Monday that will allow the creation of gold-backed stablecoins pegged to the U.S. Dollar.  What Happened: The new token minting platform called Alloy By Tether will help create tokens that use Tether Gold (CRYPTO: XAUt)...

Blockchain security firm SlowMist announced a new phishing attack involving a fake Skype app that stole crypto funds from an unsuspecting victim. Industry titans BlackRock, DTCC, OCC, State Street, Société Générale, Hedera,...

Tether (CRYPTO: USDT), the company behind stablecoin tether.to, has announced its foray into the energy sector. Tether is investing resources in energy production and partnering with a licensed local company to launch sustainable Bitcoin mining operations in Uruguay. This strategic move highlights...

Tether (CRYPTO: USDT), faced a critical situation in late 2018 when its parent company and affiliates struggled to maintain access to the global banking system. A recent review of emails and documents revealed that the companies took the recourse of shadowy intermediaries, fake documents, and...

Cryptocurrency exchange Binance on Thursday temporarily suspended deposits of the stablecoins USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT) on the Solana blockchain "until further notice," but resumed a few hours later. "After internal assessment and review, Binance has now...

Stablecoin issuer Tether must disclose financial documents to verify that it's backed by the U.S. dollar, New York Judge Katherine Polk Failla says. The company is currently in a lawsuit due to allegations that it manipulated the crypto markets. In addition to details concerning the timing of...

Stablecoin issuer Tether confirmed the launch of tokens (CRYPTO: USDT) pegged to the U.S. dollar on the NEAR protocol. The introduction of USDT on NEAR will contribute to increasing ecosystem stability and lessen the negative effects of market volatility on users. After the launch on NEAR, USDT...

Cryptocurrency exchange KuCoin announced on Friday the launch of NFT exchange-traded funds (ETFs) to allow fractional ownership of popular digital tokens, such as Bored Ape Yacht Club (BAYC), to its users. The exchange stated the offering was aimed at improving the liquidity of NFT assets and...

Fabrizio D'Aloia, the founder of Italian digital gambling firm Microgame, has been granted permission to undertake a lawsuit via NFTs against anonymous parties. What Happened: The U.K.’s recent ruling permits wallet addresses to be used in legal proceedings against anonymous parties. The...

What Happened: Visa Inc (NYSE: V) has launched a pilot program to allow transactions to be settled via cryptocurrencies on its payments network, Reuters has reported. Transactions on the network will be settled via the stablecoin cryptocurrency USD Coin (USDC), whose value is...