USDT Archives - Page 2 Of 2

Blockchain

Rho Markets Attacker Offers to Return Funds, Says Incident Not a Hack

July 19, 2024 Paulo

Rho Markets attacker offers to return $7.6M, claiming it wasn’t a hack but a configuration mistake, according to blockchain investigator ZachXBT.

Tether to Allocate 15% of Profits Toward Bitcoin Acquisition

May 17, 2023 Paulo

Tether will invest 15% of its profits into Bitcoin to strengthen and diversify its reserves, signaling long-term confidence in BTC as a store of value.

Tether Buys 52,670 Bitcoin Using Profits From U.S. Treasuries

May 13, 2023 Paulo

Tether has bought 52,670 Bitcoin using profits from U.S. Treasuries, adding to its reserves as Fed rate hikes boost returns and USDT demand grows.

Futuristic digital illustration showing billions of glowing USDC coins flowing into blockchain networks, symbolizing Circle’s $7.75B issuance and potential altseason fuel.

America’s Stablecoin Struggle: Why USDC Is Losing Ground to Tether

May 13, 2023 Paulo

USDC’s decline and Tether’s dominance highlight America’s failure to lead the Web3 financial frontier. Experts urge policymakers to prioritize stablecoin strategy.

Tether Reveals $1.5 Billion in Bitcoin Holdings as Reserves Hit Record $81.8 Billion

May 10, 2023 Paulo

Tether discloses $1.5 billion in Bitcoin reserves, $3.4 billion in gold, and record profits of $1.48 billion, strengthening its dominance in the stablecoin market.