Tether
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Reasons for the Rise in Bitcoin and Tether’s Outlook on Cryptocurrencies
According to reports, Tether Chief Technology Officer Paolo Ardoino and CNBC\’s Arjun Kharpal discussed the reasons for Bitcoin\’s rise this year and his outlook for cryptocurrencies
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Tether Issues $1 Billion in USDTs on Tron: Is This a Warning Sign?
According to reports, according to Lookonchain monitoring, Tether has just cast another 1 billion USDTs on Tron, and in the past 7 days, Tether has cast 5 billion USDTs on Tron and
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Tether Accumulates 4 Billion USDT: A Comprehensive Look at the Recent Trend
On March 21st, the data showed that in the past week, Tether had accumulated 2 billion USDTs on the wave field chain, and also accumulated 2 billion USDTs on Ethereum.
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Tether’s Latest Move: 1 Billion USDTs to Wave Network, Binance, and Kraken
According to reports, according to Lookonchain data, Tether cast 1 billion USDTs in the wave field network an hour ago, and then sent 162 million USDTs to Binance, while 28.6 milli
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Tether Issues 1 Billion USDTs on Wave Field Network: What Does It Mean for Crypto Investors?
According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Wave Field Network at 21:56:33 Beijing time on March
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Tether Transfers $800 Million to Coin On Exchange
On March 17th, according to Whale Alert monitoring data, 800000000 USD (approximately US $80071999) was transferred from Tether Treasury to Coin On Exchange. Data: 80 million USDTs transferred from Tether Treasury to Coin An Exchange Analysis based on this information:The world of cryptocurrency is notoriously volatile, with constant fluctuations in value and market activity. One of the most popular cryptocurrencies, Tether (USDT), has made headlines once again after transferring a staggering $800 million to Coin On Exchange on March 17th. This transfer was reported via monitoring data from Whale Alert, a Twitter account that tracks large cryptocurrency transactions in real-time. Tether is a stablecoin, meaning that its value is pegged to a fiat currency like the US dollar. This makes it a popular choice for traders looking to mitigate risk and maintain a level of stability within their portfolio. Tether is also commonly used by traders as a means of moving funds between exchanges, without having to convert to and…
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Bitcoin Price and Tether Stability Amid Economic Uncertainty
According to reports, according to data disclosed by blockchain analysis company Glassnode, recently, the price of Bitcoin hovered between several popular and widely observed technical analysis pricing models. After hitting the resistance of the 200 week and 365 day moving averages (about 25.0k) in February, the price hit the 200 day and 111 day moving averages (about 19800) this week and then rebounded. This is the first cycle in history for BTC to trade below the 200 week average, From this perspective, the market is in a new area. In addition, Glassnode data shows that Tether was always at a premium of $1.01 to $1.03 during the collapse of banks in Silicon Valley, which means that Tether is seen as a safe haven amid concerns that the US banking industry is subject to strict regulation. Glassnode: The first time in Bitcoin history that a transaction cycle occurs below the 200 week moving average Analysis based on this information:The recent fluctuations…
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Tether’s Recent USDT Minting and Transfer to Bastion Trading
According to reports, according to Lookonchain monitoring, in the past two days, Tether has minted 3 billion USDTs on Tron and Ethereum. Among them, the address Theskycomber.eth related to Bastion Trading has received 135.3 million USDTs from Tether’s treasury in the past two days and transferred them to Coin Security. After receiving 135.3 million USDTs from relevant addresses of Bastion Trading, all of them were transferred to Binance Analysis based on this information:Tether, a stablecoin pegged to the US dollar, has recently minted 3 billion USDTs on the Tron and Ethereum networks, according to reports from Lookonchain monitoring. This move by Tether has raised eyebrows in the crypto community, as it has been speculated that Tether’s USDT is not backed by actual US dollars, as the company has claimed in the past. One address that has received a significant amount of USDT in the past two days is Theskycomber.eth, which is related to Bastion Trading. Bastion Trading is a Hong…
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The Relationship Between Arbitrum and the Federal Reserve
7:00-12:00 Keywords: Arbitrum, Federal Reserve, Base Test Network, Tether Summary of important developments at noon on March 17th Analysis based on this information:There has been significant buzz recently surrounding Arbitrum, a base test network that offers fast and secure transactions. Along with this, there have been questions about its relationship with the Federal Reserve and how it fits into the larger financial landscape. Arbitrum aims to provide solutions to scalability issues faced by existing blockchains. As it runs on a base test network, it allows developers to test their smart contracts before deploying them on the mainnet. This improves the safety and efficiency of blockchain networks and offers a faster and more secure alternative to traditional finance systems. One area where Arbitrum has attracted attention is in its relationship with Tether, a stablecoin that issues tokens that are pegged to the US dollar. Tether has been known to face regulatory challenges in the past, and its association with Arbitrum could…
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Tether Issues 1 Billion USDTs on Ethereum, But It’s Not Marketed Yet
According to reports, according to Whale Alert data, the stable currency issuer Tether issued 1 billion additional USDTs on the Ethereum network at 2:35:59 Beijing time on March 17. Tether Chief Technology Officer Paolo Ardoino added that this is an authorized but not issued transaction on the Ethereum network, which means that this additional issue will be used for the next release request and on-chain interaction. Tether issues 1 billion additional USDTs on the Ethereum network Analysis based on this information:Tether, the stable currency issuer, has recently released an additional 1 billion USDTs on Ethereum, adding to the already significant circulation of the stablecoin. According to Whale Alert’s data, the transaction took place on March 17th at 2:35:59 Beijing time, which indicates that Tether may be preparing for an upcoming release request and on-chain interaction. Tether has been known to have large balances of USDT in reserve, and this additional issue of 1 billion USDTs demonstrates their capability and capacity…
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Unidentified Hackers Must Pay $971,291 for Stealing USDT from Coinbase Wallet
According to recent court documents, a federal judge in Florida, Beth Bloom, issued a judgment declaring that unidentified hackers were responsible for stealing USDT (Tether) worth $971291 from the Plaintiff Rangan Bandyopadhyay’s Coinbase wallet in December 2021. The thief has been ordered to pay Bandyopadhyay an equal amount, which will bear interest on the debt until it is fully paid. The judge sent a judgment to the hacker through NFT to repay nearly 1 million USD to the plaintiff Analysis based on this information:In a recent development of a cryptocurrency theft, a federal judge in Florida, Beth Bloom, has passed a judgment declaring that unidentified hackers stole USDT, a type of cryptocurrency, worth $971,291 from the Coinbase wallet of plaintiff Rangan Bandyopadhyay. The judgment has ordered the thief(s) to pay an equal amount, along with the interest on the debt until it is fully paid. This incident highlights the increasing occurrence of cryptocurrency theft, which has become one of the…
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Tether Empowers Ethereum with 1 Billion Additional USDT Tokens
On March 14, according to Whale Alert data, the stable currency issuer Tether issued an additional 1 billion USDTs on the Ethereum network at 22:36:11 on March 14, Beijing time. Tether issued 1 billion additional USDTs on Ethereum Analysis based on this information:Whale Alert, a blockchain tracking and analytics platform, revealed that Tether, the stable currency issuer, released an additional 1 billion USDT tokens on the Ethereum network on March 14, 2021, at 22:36:11 Beijing time. It is not the first time that Tether has injected a large amount of tokens into the Ethereum network as in February 2021 Tether unleashed 1 billion USDT tokens on Ethereum network as well. Hence, this development validated Tether’s commitment to maintain its dominance in the stablecoin market. Tether is a stablecoin, a cryptocurrency that is pegged to the value of a real-world asset and is designed to avoid the volatility of other cryptocurrencies. Despite the criticism and controversies, Tether has maintained its position…
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Tether Issues 1 Billion USDTs on Wavefield Network
On March 14, according to Whale Alert data, Tether, the stable currency issuer, issued 1 billion additional USDTs on the wavefield network at 22:29:27 on March 14, Beijing time. Tether issued 1 billion additional USDTs in the wave field network Analysis based on this information:Tether, the stable currency issuer, has issued 1 billion additional USDTs on the Wavefield network, according to Whale Alert data. USDT is a stablecoin that is pegged to the US dollar, and it is used in the crypto market as a means of trading and exchanging cryptocurrencies without the volatility of traditional cryptocurrencies. The issuance of 1 billion USDTs on the Wavefield network is a massive move by Tether, indicating that the demand for USDT is still high in the crypto market. This issuance comes after Tether issued 300 million USDTs on Ethereum last week, and another 300 million USDTs on Tron. The Wavefield network is a blockchain platform that is designed to enable secure, high-speed,…
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Tether Claims No Exposure to Signature Bank While the US Treasury Compensates Their Savers
On March 13, Tether Chief Technology Officer Paolo Ardoino tweeted that Tether had no exposure to Signature Bank. According to the previous news, Signature Bank was closed by New York State regulators on Sunday. The Federal Reserve, the FDIC and the US Treasury issued a joint statement saying that all savers who use Signature will be compensated. Tether CTO: Tether has no exposure to Signature Bank Analysis based on this information:Recently, Tether Chief Technology Officer Paolo Ardoino tweeted that Tether had no exposure to Signature Bank. Reports had emerged that the bank was closed by New York State regulators on Sunday. Ardoino’s tweet seems to imply that Tether has no reason to be concerned about the situation. However, the situation at Signature Bank is not without its silver lining. The Federal Reserve, FDIC, and US Treasury have issued a joint statement saying that all savers who use Signature Bank will be compensated. This move is likely to restore confidence among…
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Bitfinex transfers 50 million USDT to Tether Treasury
It is reported that according to WhaleAlert data monitoring, 50 million USDTs (about USD 50457500) were transferred from Bitfinex to Tether Treasury.
5…
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Tether CEO Affirms Absence of Risk Exposure to Silicon Valley Banks
According to reports, the CEO of Tether, the stable currency issuer, said that it had no risk exposure in Silicon Valley banks.
Tether CEO: No risk exp…
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Tether defends itself against WSJ accusations
On March 11, Tether wrote that it continued to be the target of outdated, inaccurate and misleading reports and accusations of the Wall Street Journal. The lat…
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Tether Uses Fraudulent Means to Open Bank Accounts
According to reports, according to the Wall Street Journal, the stable currency issuer Tether opened bank accounts through forged documents and shadow intermed…
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Tether adds USD 1 billion to their ETH chain
According to the report, the data of block browser shows that on March 4, at 18:31 (UTC+8), Tether issued an additional 1 billion USDT on the ETH chain. The tr…
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Tether Treasury Sends Half a Billion USDT to Binance
It is reported that 499999990 USDTs (US $500274241) were transferred from the Tether treasury to Binance.
Nearly 500 million USDTs were transferred fro…