Tether

Tether

Finance

Tether Sticks to Decision Not to Bar Tornado Cash Addresses

The stablecoin issuer sees a freeze of secondary Tornado Cash addresses as premature, and awaits more clarity from U.S. authorities.

No one knows exactly what the fallout from the Tornado Cash sanctions will look like. (Antonio Masiello/Getty Images)

Videos

Tether Slashing Commercial Paper Holdings, New Auditor Confirms

BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30. “The Hash” hosts discuss the BDO report and what it suggests about Tether and the current state of stablecoins.

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Finance

New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings

BDO Italia said the holdings fell 58% to $8.5 billion at the end of the most recent quarter.

Tether Chief Technology Officer Paolo Ardoino.  (Twitter/Bitfinex, modified by CoinDesk)

Videos

Stablecoin Issuer Tether Taps New Accounting Firm

Stablecoin issuer Tether has tapped BDO Italia to take over from MHA Cayman on its regular attestation reports. It said it plans to publish the reports every month rather than once a quarter. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details.

Recent Videos

Videos

WazirX Issues Warning; Stablecoin Giants Back Merge

WazirX users head for exits amid Binance spat. Circle and Tether announce support for Ethereum Proof-of-Stake. Vitalik Buterin says he used Tornado Cash to donate to Ukraine. Iran pays $10 million import order with cryptocurrency for the first time.

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Videos

ETH Merge Delay Concerns; Buterin’s Clown Call

Concerns over Ethereum delays surface, while Tether CTO says it will be supported. Ethereum cofounder calls Bitcoin bull Michael Saylor ‘a total clown’ and Meta’s metaverse attempts will ‘misfire’. CoinFlex cuts staff to reduce costs by 60%. US FDIC issues advisory over crypto deposits and insurance. Report alleges S. Korean Busan Bank employee embezzles US$1.1 mln, invests in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Videos

Tether Passes ‘Stress Test,’ Finds Stable Dollar Peg After Terra’s Collapse

Tether (USDT), one of the biggest stablecoins by market cap has found stability for the first time in over two months since the collapse of Terra’s algorithmic stablecoin terraUSD (UST).

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Markets

Tether encuentra paridad estable con el dólar tras colapso de Terra

Aunque la stablecoin ha pasado el estrés de mercado con un retorno a la normalidad, persistirán las preocupaciones sobre sus reservas, dijo un trader.

Tether se mantiene estable en la paridad con el dólar por primera vez en dos meses. (Kaiko Asset Prices)

Markets

First Mover Americas: BTC to $15K? As Rally Stalls, Some Traders Fear Another Leg Down

The latest price moves in crypto markets in context for July 26, 2022.

The worsening macro environment stokes fears that BTC will drop to $15,000. (Christoffer Engström/Unsplash)