Tag: Tether
During the first half of the year, Tether makes a record $5.2 billion in earnings
Leading stablecoin company Tether USDT -0.037% reported a record net profit of $5.2 billion for the first half of 2024 in its most recent quarterly attestation, which was revealed on…
Tether bans $14 million from a DMM Bitcoin breach linked to Lazarus
According to on-chain sleuth ZachXBT, who goes by moniker ZachXBT, Tether blacklisted a wallet over the weekend that contained $29.6 million worth of USDT stablecoins related to Huione Guarantee, a…
Tether is set to introduce a new range of products as part of its $1 billion investment plan
On June 17, Tether CEO Paolo Ardoino disclosed that the business would introduce a new category of digital asset offerings. Although specifics concerning these products are still being kept under…
To increase the use of cryptocurrencies and financial inclusion, Tether announced a $18 million investment in XREX Group
According to a news release the firm released today, Tether, the leading company in the digital asset space, has made a significant $18.7 million investment in XREX Group, a financial…
With A New Investment In CityPay.io, Tether Enters Eastern Europe
With a fresh investment in CityPay.io in Georgia, Tether extends its reach into Eastern Europe. The money will go toward new card and e-wallet options. With a new investment in…
Tether and Chainalysis Collaborate to Increase Compliance and Track Banned Addresses
The platform, according to the company, can be used as an intelligence tool by compliance specialists and investigators to find wallets that present a risk or could be connected to…
In the first quarter of 2024, Tether had a record net profit of more over $4.5 billion
Tether Holdings Limited disclosed its assurance opinion for the first quarter of 2024 on Tuesday. The report included information on $1 billion in profit from the group’s subsidiaries that are…
$200 million is invested by Tether in Blackrock Neurotech, a biotech company
The stablecoin issuer Tether USDT -0.0044% has made a $200 million investment in Blackrock Neurotech, a biotech business that develops technologies to assist those suffering from neurological illnesses, paralysis, and…
Tether reveals its intention to split up into four separate business units
The company behind the stablecoin USDT -0.0088%, Tether, revealed that it is restructuring in order to enter new markets for digital assets. To reflect its expanding focus, the creator of…
Tether Attains Security Milestone with SOC 2 Type 1 Audit Completion
Tether, the issuer behind the renowned USDT stablecoin, made a significant announcement on April 1, revealing the successful completion of the System and Organization Controls (SOC) 2 Type 1 Audit….
Tether USDT Expands Reach with Launch on Celo Blockchain
Tether Operations Limited (Tether), a leading entity in the cryptocurrency sector, has announced the forthcoming launch of its USDT token on the Celo blockchain network. This strategic partnership between Tether…
Tether and Uzbekistan sign MoU to Develop Blockchain Infrastructure
The largest cryptocurrency business, Tether, said today that it has signed a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP), which is in charge of developing…
Tether Unveils Proactive Measures for Blockchain Security and User Trust
Tether displays the commitment to safeguarding user accessibility and funds by implementing a comprehensive blockchain recovery plan. Tether has recognized the importance of addressing potential disruptions on any blockchain where…
Tether CEO Reveals Collaborative Efforts with FBI and Secret Service in Letters to Legislators
In a bid for transparency and commitment to security, Tether, the entity behind the USDT stablecoin, has disclosed letters sent to key legislative bodies detailing its collaboration with U.S. law…