Tether (USDT) | ForkLog

ForkLog 16 07.02.2022

Tether explains petition to bar CoinDesk from disclosing USDT reserve data

CoinDesk is not a party to Tether's dispute with the New York Attorney General (NYAG) over USDT reserves, and the agreed terms of the case are not subject to revision, according to representatives of the stablecoin issuer.

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ForkLog 17 24.01.2022

Tether reimburses users for erroneous USDT transfers totaling $87 million

Since the launch of the stablecoin, the issuer Tether has reimbursed USDT to users totaling $87 million sent to incorrect addresses. The Block reported this, according to Paolo Ardoino, the company's CTO.

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ForkLog 50 16.01.2022

USDC supply on Ethereum overtakes USDT for the first time

The total supply of the USD Coin (USDC) stablecoin from the Centre Consortium on the Ethereum blockchain has for the first time surpassed that of Tether (USDT).

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ForkLog 37 14.01.2022

Tether blocks three Ethereum addresses holding $160 million in assets

Tether has blacklisted three Ethereum addresses holding more than $160 million in USDT.

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ForkLog 34 08.01.2022

Tether seeks court protection for confidential information from CoinDesk

Tether petitioned to protect confidential information and bar disclosure of data on USDT reserves. The release came as CoinDesk joined the New York Attorney General's proceedings against the stablecoin issuer.

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ForkLog 18 04.01.2022

Tether blocks Ethereum address with crypto assets worth more than $1 million

Tether has blacklisted an Ethereum address holding crypto assets worth more than $1 million.

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ForkLog 47 16.12.2021

Algorithmic Stablecoins: How Alternatives to USDT and USDC Are Evolving

ForkLog examined the features of various stablecoin technologies, weighing their strengths and weaknesses.

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ForkLog 16 14.12.2021

Tether accused of unlawful and deceptive practices

Investors filed a class-action lawsuit against the issuer of the stablecoin USDT. They accused the company of "immoral, unethical, discriminatory and unscrupulous" practices.

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ForkLog 28 13.12.2021

Myanmar’s shadow government recognises USDT as an official currency

A group of supporters of the ousted Myanmar leader Aung San Suu Kyi has recognised Tether (USDT) as a means of payment. The parallel government has begun fundraising for a campaign aimed at toppling the military regime, Bloomberg reports.

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ForkLog 9 10.12.2021

In Turkey, Tether and Shiba Inu Rival Bitcoin as Lira Tumbles

Trading activity in Turkish lira pairs with Shiba Inu and Tether exceeding Bitcoin by more than fivefold amid the lira's sharp depreciation. CoinDesk reports this. In November, Binance data show the lira-BTC trading volume at $918 million, with SHIB and USDT at $5.26 billion and $5.58 billion, respectively. 'Local traders remain attracted by the exceptional returns associated with coins such as SHIB.'

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ForkLog 31 17.11.2021

Tether unit to develop Bitcoin services on the Lightning Network

The issuer of the stablecoin USDT — Tether Holdings Limited — has launched a subsidiary, Synonym Software, which will focus on developing an “alternative” Internet economy based on Bitcoin and the Lightning Network.

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ForkLog 26 12.11.2021

Report: 55% of USDT issued in the interests of Alameda Research and Cumberland

An equivalent of $60.3 billion, or almost 55% of Tether's (USDT) market value, was issued by its issuer between 2014 and October 2021 at the request of market makers Cumberland Global and the Sam Bankman-Fried-connected Alameda Research. Such calculations were reported by Protos analysts.

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