Decentralized exchange FixedFloat’s Ethereum-based hot wallet saw several suspicious transactions that led to the withdrawals of $2.8 million during the past day, according to the Web3 security firm Cyvers. Following the news, stablecoin issuer Tether blocklisted ten addresses involved in these withdrawals, effectively freezing about $400,000 worth of USDT tokens, according to blockchain security firm […]
The post FixedFloat reportedly suffers $2.8 million theft, Tether freezes $400,000 from attackers appeared first on CryptoSlate.
The independent audit represents the highest level of security compliance an organization can demonstrate.
Tether (USDT) is now the seventh-largest Bitcoin holder globally, following its purchase of more than 8,000 BTC in the past day, according to Bitinfocharts data. On-chain data shows that the stablecoin issuer received approximately 8,889 BTC, valued at around $618 million, from a Bitfinex hot wallet on March 31. This purchase amplified Tether’s total Bitcoin holdings […]
The post Tether becomes seventh largest Bitcoin holder with recent $618 million purchase appeared first on CryptoSlate.
Pro-Bitcoin Senator Cynthia Lummis is drafting regulations for stablecoins after attacking major stablecoin firm Tether in 2023.
Binance will suspend all services involving the Nigerian naira later this week after facing issues with local financial regulators.
USDT, a stablecoin issued by Tether, hit the $100 billion market value for the first time in its history, according to CoinGecko data, as the rally on crypto markets expanded.
Over a year after alleging fraud and money laundering associated with Tether-Bitfinex, the Journal has now removed any mention of Christopher Harborne and his business from the article.
Cointelegraph Research dives into TRON’s emerging use cases and ecosystem in new research report.
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said.
The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
The stablecoin issuer continues to load up on Bitcoin.
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Howard Lutnick should be in a position to know about Tether’s finances, as his company is its U.S. Treasury securities portfolio manager.
While Chinese authorities continue prosecuting stablecoin use, Hong Kong is working on legalizing it.
Seamlessly enter the world of crypto — find out the various ways to buy USDT and safely store it.
Stablecoins are “something we're putting strong resources towards, because we know it's a growing area both in traditional and new financial areas,” a leading S&P analyst said.
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it.
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021.
The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders and get involved with transactions that don't involve its citizenry.
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all, that is.
The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig butchering" scams.
Stablecoin issuer Tether has frozen $225 million worth of its stablecoin following an investigation by the U.S. Department of Justice (DOJ) into an international human trafficking syndicate in Southeast Asia.
Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push.