Tether
Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request
The firms said dropping the opposition doesn't mean a "wholesale release" of all documents.
Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ
Tether said Monday it froze $225 million of its USDT stablecoin in light of DOJ investigations.
Tether Deposits of $1B With UK Financial Firm Are at Center of High Court Battle: FT
Tether deposited the funds with a subsidiary of investment bank Britannia Financial, according to the report, which cited filings made in the High Court.
OpenAI's Ex-CEO Sam Altman Joins Microsoft; Bullish Completes Purchase of CoinDesk: WSJ
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest developments after OpenAI's board suddenly ousted CEO Sam Altman last Friday. Plus, a closer look at why Tether is freezing $225 million worth of its own stablecoin. And, cryptocurrency exchange Bullish has bought CoinDesk.
Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation
The $225 million was related to the "pig butchering" scam.
BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).
U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.
BIS Researchers Say Stablecoins Are Failing to Live Up to Promise
For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.
Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting 'dirty' USDT to RMB.
Tether Reports $3.2B Excess Reserves, but Lags in Reducing Secured Loans
The USDT stablecoin currently has a market cap of roughly $84 billion.
