Tether invests in Georgia education platform Academy of Digital Industries
Tether has announced it invested in the Series A round of the Academy of Digital Industries, an educational platform in Georgia. The ongoing financial investment will help support the “real…
Tether attestation shows cash & cash equivalents rose to 85.7%
Tether, the issuer of the USDT stablecoin, has released its Q3, 2023 attestation report. It shows the company’s cash and cash equivalents increased to 85.7% of reserves, with $72.6 billion…
US Senator asks DOJ to consider criminal charges against Binance and Tether
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether. Lummis cites the two companies’ role in aiding illicit fundraising…
Tether plans to start publishing real-time reserve reports in 2024
Tether is planning to introduce real-time reserve data reporting by 2024. Tether currently updates its reserve data daily and issues monthly and quarterly reports, According to its Q2 attestation Tether…
Tether appoints Paolo Ardoino as new CEO
Tether says Paolo Ardoino will officially take up the CEO role from December 2023. Ardoino will continue as Bitfinex CTO and chief strategy officer for Holepunch. Meanwhile, exiting CEO Jean-Louis…
Ethereum and Tether – the only cryptocurrencies keeping pace with Bitcoin
Bitcoin makes up about 48% of the total cryptocurrency market capitalization The share rises to 75% if we include Ethereum and Tether Other cryptocurrencies’ share declined despite the latest cryptocurrency…
Tether claps back at WSJ over “stale” FUD
Tether calls Wall Street Journal’s claims “stale allegations from long ago.” The USDT issuer noted in a recent blog post that it adheres to all regulatory and legal requirements around…
Bitcoin price prediction: BTC outlook after Silvergate and Tether news
Bitcoin price outlook after this week’s Silvergate and Tether news. BTC is hovering around $22,400 with key resistance near $23k amid a potential technical breakout to YTD highs. The $20k…
Tether pledges to stop issuing secured loans from its reserves
Tether on Tuesday addressed the FUD around secured loans. The secured loans held in Tether’s reserves are overcollateralized and covered by extremely liquid assets. It also revealed plans to stop…
Coinbase, Tether, and Circle deny exposure to Alameda and FTX
Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes…