Tether: Bloomberg’s Inexperienced Editorial Team Falls Victim to Short-Sellers
Tether restated that it had absolutely no credit towards FTX or Alameda Research. No special deal whatsoever was established between FTX/Alameda and Tether.
Gambling-Related USDT Funds Grow As 1k New Online Gambling Websites Use Tether
Deposits and withdrawals of USDT among gambling websites through crypto payment platforms are on the rise, according to a <a href="https://wublock.substack.com/p/research-how-usdt-is-used-in-online">report</a> from Wu Blockchain, authored by Bitrace.
USDT Issuer Tether Would Stop Making Secured Loans in 2023, Thanks to FUD
The last few months, especially following the FTX collapse, have been rough for <a href="https://ambcrypto.com/can-usdt-retain-its-stablecoin-crown-these-recent-developments-suggest/">USDT</a> as the currency has been the target of fear, uncertainty, and doubt (FUD).
CFTC Considers Bitcoin, Ethereum, Tether To Be Commodities
The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX founder Sam Bankman-Fried that digital assets like Bitcoin(BTC), Ethereum (ETH), and Tether (USDT) are commodities.
Tether to Reduce Secured Loans to Zero in 2023 Amid Battle Against FUD
In a Dec. 13 post, the stablecoin issuer addressed recent mainstream media FUD (fear, uncertainty, and doubt) concerning its secured loans, among other FUD which have hit the "rumour mill." Tether reiterated that its secured loans are over-collateralized and covered by “extremely liquid assets,” while also adding that the firm would be eliminating these loans throughout 2023, stating: Tether is announcing starting from now, throughout 2023, it will reduce secured loans in Tether’s reserves to zero. (Cointelegraph)
Tether to Reduce Secured Loans in its Reserves to Zero After WSJ Expose
WSJ reported that the company held $6.1 billion of the loans in its balance sheet.
Tether Vows to Remove All Secured Loans From Its Backing in 2023 to Show Solvency
Tether intends to remove all secured loans from its backing in 2023 after The Wall Street Journal said that the stablecoin operator's increasing roster of loans might make it unable to pay back redemptions in the event of a crisis.
Tether To Reduce Secured Loans to Zero by 2023
Tether (<a href="https://cryptoslate.com/coins/tether/">USDT</a>) said it would remove its secured loans in its reserves by 2023, according to a Dec. 13 blog <a href="https://tether.to/en/tether-addresses-fud-around-secured-loans-reveals-plans-to-reduce-these-to-zero-in-2023/">post</a>.
Tether Helps Binance Swap 3 Billion USDT to Ethereum From Tron
Tether announced that it's assisting crypto exchange Binance with a “chain swap,” which involves converting 3 billion USDT to the Ethereum network from the Tron network.
Tether vs Coinbase: THE STABLECOIN WARS BEGIN!
Cryptocurrency will survive with or without Tether or Coinbase. Having an unbiased opinion on the Stablecoin Wars is the best choice possible.
Coinplay Announces World Cup’s Welcome Bonus of Up to 5K USDT
Coinplay is a licensed crypto sportsbook that gives an opportunity to the player to place a bet with more than 40 cryptocurrencies. Players from across the globe can have access to the large number of odds provided at the Coinplay platform and after a detailed study, a bet can be placed. A player can also place his bet with 5 different cryptocurrencies at a single time from one account.
Bitcoin’s Boring Price Action Allows Xmr, Ton, Twt and Axs To Gather Strength
The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to have booked profits before the busy economic calendar next week.
Binance CEO Worried SBF Was Trying to Destabilize Crypto Market to Save FTX
Tether executives and Binance CEO Changpeng “CZ” Zhao worried that Sam Bankman-Fried (SBF)was attempting to destabilize the crypto market aiming to save FTX.
A Framework for Measuring Crypto Risk
The question for you: What are the risk factors that make you stay away from a crypto investment? Is it an anonymous founder? A sketchy business model? Forked code?
SBF Denies He Tried to Attack Tether, ‘Hunted’ Three Arrows’ Terra Positions
Former FTX CEO Sam Bankman-Fried has deflected a lot of the allegations leveled at him since his resignation, but today pointedly said he did not target Terra or Tether’s stablecoins.
Coinbase Waives USDT to USDC Conversion Fees Shortly After Binance Ditched USDC
The USDC stablecoin saga continues as leading cryptocurrency exchange Coinbase attempts to ease the conversion process of USDT holders looking to convert their USDT to USDC. The onlooker brand strategic move comes not long after Binance halted all of the USDC trading pairs on its platform.
Coinbase Announces Zero-Fee USDT to USDC Stablecoin Conversion
In what may signal the beginning of a new phase in the battle for stablecoin dominance, Coinbase, the world’s second-largest crypto exchange by trading volume, is now encouraging its users to swap from Tether's USDT to Circle's USDC with zero-fee trades.
Coinbase Calls on Users to Convert USDT to “Trusted Stablecoin” USDC
Coinbase waives conversion fees for its users to ditch their USDT holdings for its co-founded stablecoin, USDC.
Tether CTO Criticizes Coinbase For Asking Users Convert USDT To USDC
Crypto exchange Coinbase has asked users to switch from Tether (USDT) to Circle’s USD Coin (USDC), referring USDC as a “trusted and reputable stablecoin.” While the major reason remains unclear, Coinbase believes events of the past few weeks have made them take the decision to switch to a stablecoin it co-founded in 2018. (coingape)
Coinbase Urges Customers To Ditch Tether With Free Transfers to USDC
America’s largest crypto exchange, Coinbase, doesn’t want its customers to use the Tether stablecoin. It’s instead offering incentives on its own stablecoin, USDC.
