Tag: tether news

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Hedge Funds Targeting USDT to Destabilize it: Tether CTO

Tether's CTO Paolo Ardoino has revealed that hedge funds intending to short sell the dollar-pegged cryptocurrency asset have launched an "organized attack" on the...

$100M stolen from Harmony’s Horizon Bridge hack

A $100 million worth of altcoins have been stolen through the Horizon Bridge to the Harmony layer-1 blockchain and exchanged for Ether (ETH). The hack...

Stablecoin issuer Tether will launch GPBT

Tether, the developer of the fixed-price cryptocurrency USDT, is preparing to announce a new fixed-price cryptocurrency. The name of this new cryptocurrency, which will...

TerraUSD disaster will be the demise of other algorithmic stable coins as well: Tether co-founder

Stablecoins are cryptocurrencies linked to a physical asset and pegged 1:1 to the US dollar. TerraUSD, sometimes known as UST, is an algorithmic stablecoin...

Tether’s Bank Partner Updates its Crypto Strategy

Tether stablecoin’s bank partner Capital Union, a Bahamas-based bank, which holds a small portion of reserves by the stablecoin issuer, has been working incessantly...

Fourth stable coin launched by Tether pegged to Mexican Peso

Tether Operations Limited ("Tether"), the business behind Tether.to, the blockchain-based platform that powers the world's largest stablecoin with a market valuation of over $...