Last Updated on June 2, 2023 by Paganoto
Tether: The Coin That Could Wreck Crypto
Tether: The Coin That Could Wreck Crypto
A few years earlier, a cryptocurrency exchange affiliated with Tether had lost $850 million in a business deal gone sour. To cover the losses, the exchange, Bitfinex, took loans from Tether's reserves, leaving the stablecoin partly unbacked, according to Ms. James's investigation.Jun 17, 2022
$7.6bn of 'stablecoin' tether redeemed since start of crypto crisis
$7.6bn of 'stablecoin' tether redeemed since start of crypto crisis
Digital investors have withdrawn savings in the “stablecoin” tether worth $7.6bn (£6.2bn) since the cryptocurrency crisis began last week, …
Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg
Tether (USDT) Recovers From Dip After CTO Tweet – Bloomberg
More than $1.8 billion of Tether was removed from the market between Wednesday and Thursday, as Tether’s market value dropped to as low as $82.2 …
Tether lost $7 billion this week – Protocol
Tether lost $7 billion this week – Protocol
The market circulation of tether, also known as USDT, has dropped from about $83 billion on May 11 to around $76 billion on Tuesday, according …
The Tether controversy, explained – The Verge
The Tether controversy, explained – The Verge
In the settlement agreement, the office of the attorney general found that Tether had no reserves to back the stablecoins in circulation for …
Tether (cryptocurrency) – Wikipedia
Tether (cryptocurrency) – Wikipedia
Tether (often referred to by one of its currency codes, USD₮), is an asset-backed cryptocurrency stablecoin. It was launched by the company Tether Limited Inc.
Tether (USDT) stablecoin regains peg after $3 billion … – CNBC
Tether (USDT) stablecoin regains peg after $3 billion … – CNBC
Tether — which is meant to always be worth a dollar — sunk as low as 95 cents Thursday. By Friday, it was trading firmly at $1 again.
Tether (USDT) stablecoin drops below $1 peg – CNBC
Tether (USDT) stablecoin drops below $1 peg – CNBC
Tether sank to as low as 95 cents on some crypto exchanges Thursday morning. · It’s meant to be pegged 1-to-1 to the U.S. dollar. · Tether’s …
What to Watch for in Tether's Upcoming Attestation Report
What to Watch for in Tether's Upcoming Attestation Report
Then there’s tether (USDT), the world’s largest stablecoin. The price of tether on large exchanges like Coinbase (COIN), Binance, Uniswap and …
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
The tether (USDT) stablecoin snapped to 97 cents in Asian hours, losing its parity with the U.S. dollar at writing time.
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.