Tether News

Bitfinex Cryptocurrency Exchange and Tether Win Collective Lawsuit

Bitfinex and its subsidiary Tether, the creators of the USDT stablecoin, have announced their victory in a collective lawsuit filed against them by citizens...

Turkish Citizens Seek Shelter in Tether Amid Collapsing Lira

Citizens in Turkey are turning to cryptos as a refuge against the collapsing lira, Bloomberg reports.Local demand for Tether, surged in early May ahead...

Tether Ventures into Renewable Energy to Power Sustainable Cryptocurrency Mining

Tether is starting cryptocurrency mining using renewable energy sources and is trying to diversify its revenue mix in order to support its own stablecoin,...

Tether Embraces Bitcoin: Follows MicroStrategy’s Lead in Ditching US Debt

Tether, the company behind the largest stablecoin, Tether (USDT), is following MicroStrategy's footsteps in terms of managing its reserves, as it plans to boost...

Tether Bolsters Reserves: Announces Major Bitcoin Investment to Support USDT Stablecoin

Hundreds of millions in Bitcoin are to be purchased by stablecoin market leader Tether, it was announced on Wednesday, with the aim of supporting...

Tether Blacklists Address Responsible for Large MEV Exploit

Tether, the company behind the stablecoin USDT, has blacklisted an address responsible for draining Maximal Extractable Value (MEV) bots for a sum of $20...

Tether Set to Record $700 Million Profit, Exceeding $1 Billion in Excess Reserves

Cryptocurrency firm Tether estimates that it will record a profit of $700 million in the March quarter, bringing its total excess inventory to over...

Tether to eliminate borrowing from its stablecoin backing fund

Tether Limited, issuer of Tether USD (USDT), plans to eliminate collateralized loans from its reserves. Although it will be progressive, as stated by the...

Latest news

Record-Breaking $1.5B Hack Hits Bybit, Sending Bitcoin Price Below $95K

SEC signals potential dismissal of lawsuit against Coinbase, temporarily boosting crypto market sentiment. Bybit experiences record-breaking $1.5 billion hack, marking...

Trump Tax Plan Could Save Americans Over $130,000 in Lifetime Income Taxes

Study suggests Americans could save $134,809 lifetime through tariff-based taxation system. State-level tax elimination could increase savings to $325,561 per...

ESMA Opens Public Consultation on Crypto Service Provider Standards

ESMA initiates public consultation on professional standards for cryptocurrency service providers. Proposed framework aims to establish uniform qualifications across European...

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