Thu, March 28

Search Results for: Tether (USDT)

OKX Phasing Out Tether (USDT) Trading Pairs in Europe

OKX is reportedly gradually removing tether (USDT) trading pairs from the EEA as the EU gets ready to implement a thorough framework for cryptocurrency regulation. An email from OKX to a trader in Europe states that the cryptocurrency exchange is stopping support for USDT trading pairs. Delisting will take place

March 18, 2024 2 mins read

UN Report Reveals Surge in Illicit Activities Utilizing Tether (USDT)

A new UN report states that Tether (USDT) is being used by Southeast Asian fraudsters and money launderers. The UN Office on Drugs and Crime has published a report that brings attention to the worrying increase in scams, with a focus on the notorious “pig butchering” strategy that involves fake

January 15, 2024 2 mins read

Tether (USDT) And USD Coin (USDC):  Stablecoin Trends in H1 2023

In a volatile quarter for the cryptocurrency industry, stablecoins have emerged as key indicators for impending market surges, while leading exchange Huobi faces intensified scrutiny. The ongoing tug-of-war between regulatory uncertainty and market optimism has kept investors on their toes. Historically, the movement of stablecoins such as Tether (USDT) and

August 8, 2023 2 mins read

Tether (USDT) Circulation Reaches All-time High of 83.36 Billion

The United States’ crypto war has also had an effect on the stablecoin ecosystem, with a notable split developing between the two largest issuers. According to the company’s transparency report, the total supply of Tether has hit an all-time high of 83.36 billion USDT.  Will Clemente, an industry expert, said:

June 13, 2023 2 mins read

Robust Demand for Tether (USDT) in Turkey Amidst Lira’s Struggles

Despite a global crackdown on crypto assets, demand for tether (USDT) has been robust in Turkey since early May. The Turkish lira has performed significantly worse than the big cryptocurrencies, a recent report from Bloomberg notes. Longtime Turkish President Recep Tayyip Erdogan was reelected. Moreover, the country’s national fiat currency

June 12, 2023 1 min read

Binance Achieves Seamless Integration of Tether (USDT) On Arbitrum and Optimism Networks

Binance, the leading cryptocurrency exchange, has successfully integrated Tether (USDT) on the Arbitrum One and Optimism networks. This integration aims to provide Binance users with faster and more cost-effective transactions, which ultimately enhances trading efficiency. Deposits for USDT are now open on both networks. #Binance completes the integration of Tether

June 2, 2023 1 min read

Tether (USDT) Market Capitalization Surges to $81.5 Billion, Nearing All-Time High

The crypto market’s leading stablecoin provider, Tether (USDT), reached a market capitalization of around $81.5 billion on Thursday. It is the highest point of its market capitalization since Terra’s collapse in May 2022. USDT is just $2 billion behind to surpass its all-time high of $83.4 billion, which it reached

April 22, 2023 2 mins read

Tether (USDT) Users Experience Transaction Outage

After “TRON’s Proposal No. 83, to activate dynamic energy”, which becomes active on the 5th of February, 2023, TRON-powered TRC-20 transactions faced interruptions. Users of USDT encounter a problem with transferring their funds to other exchanges.  Following the proposal, the stablecoin Tether “USDT” has buzzed social media with transaction issues.

February 7, 2023 2 mins read

Tether (USDT) Network Attacked Using DDoS Resulting in 8M Requests/Min

The request significantly differs from the daily average of 2k requests/5min. The company had received a ransom demand from the hackers. On June 18, a major denial-of-service assault targeted Tether, one of the world’s biggest cryptocurrencies, by market capitalization. Tether’s Chief Technical Officer, Paolo Ardoino, tweeted that the company had

June 19, 2022 2 mins read

Investors Unsure if Tether (USDT) Will Follow Same Trend as Terra

In the second week of May 2022, Tether fell below the 1:1 dollar peg. Following the recent crypto crisis, Tether has paid out $10 billion in withdrawals. Terra has witnessed the most unexpected incident in the unpredictable cryptocurrency market. The de-pegging of one of the most popular stablecoins has resulted

May 23, 2022 2 mins read