Tether (USDT) | ForkLog

ForkLog 12 14.10.2022

US court excludes Roche Freedman from suit against Tether and Bitfinex

Roche Freedman has been removed from representing the plaintiffs in the class action against Bitfinex and Tether, accused of market manipulation.

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ForkLog 19 03.10.2022

US Treasury securities account for 58.1% of Tether reserves

The share of US Treasury bills in the collateral for the stablecoin USDT rose to 58.1% from 43.5% at the end of June. This was reported by the CTO of its issuer — Tether Holdings Limited — Paolo Ardoino.

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ForkLog 13 27.09.2022

SEC fines former Tether auditor $1 million

SEC charged Friedman LLP with 'serial violations of the federal securities laws' and 'misconduct'.

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ForkLog 22 23.09.2022

Tether Adds Polkadot Blockchain Support

The USDT issuer, Tether Operations Limited, has announced support for the Polkadot blockchain, making it the 14th network on which the stablecoin operates.

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ForkLog 23 21.09.2022

Court orders Tether to disclose collateral backing the USDT stablecoin

A New York court ordered Tether Limited to disclose financial documents to assess the reserves backing the USDT stablecoin in a case concerning possible market manipulation.

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ForkLog 15 16.09.2022

JPMorgan Analysts See USDT’s Role Rising Amid Binance’s BUSD Moves

Automatic conversion {{AOPEN_1}}Binance{{ACLOSE_1}} stablecoins {{AOPEN_2}}USDC{{ACLOSE_2}}, USDP and TUSD on user balances into BUSD will heighten the role of {{AOPEN_3}}USDT{{ACLOSE_3}} in cryptocurrency trading. JPMorgan analysts arrive at this conclusion, per The Block.

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ForkLog 18 12.09.2022

Tether launches USDT stablecoin on the NEAR network

The USDT issuer, Tether Operations Limited, has launched the stablecoin on the NEAR network.

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ForkLog 13 06.09.2022

Expert flags risks to USDT as Binance moves to convert stablecoins

Automatic conversion of Binance USDC, USDP and TUSD on user balances into BUSD at 1:1 would reduce USDT's market share, according to Wintermute CEO and founder Evgeny Gaevoy.

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ForkLog 21 29.08.2022

WSJ: Tether would be ‘technically insolvent’ if assets fell by 0.3%

A 0.3% drop in reserve assets could push the issuer of the stablecoin Tether to 'technical insolvency'. The Wall Street Journal concluded as much.

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ForkLog 19 25.08.2022

Tether declines to freeze Tornado Cash addresses without law-enforcement requests

The issuer of the USDT stablecoin—the company Tether—refused to freeze addresses associated with the Tornado Cash transaction-mixing service without proper requests from law enforcement authorities.

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ForkLog 22 19.08.2022

Fifth-largest global accounting firm confirms Tether reserves back USDT

BDO Italia has presented an opinion on the sufficiency of Tether Holdings' reserves to fully back the USDT stablecoin.

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ForkLog 9 01.08.2022

Tether calls hedge-fund shorting of USDT ‘categorically erroneous’

Hedge funds that decided to open a short position in USDT after the Terra collapse, 'on a fundamental level do not understand the principles of how the cryptocurrency market and Tether operate,' the issuer of the stablecoin said.

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