Tether Sued in a New Class Action
Tether's flagship stablecoin has been slapped with a new class-action lawsuit filed in the United States District Court for the Southern District of New York by plaintiffs Matthew Anderson…
Browsing Tag
tether
Tether commits to working with politicians to improve stablecoin transparency
Tether, the creator of the world's most popular stablecoin USDT, has responded via multiple tweets, stating that it will work with policymakers following the United States Senate Banking…
Tether introduces Synonym in order to increase Bitcoin adoption over the Lightning Network
By combining the Lightning Network's speed with the design of an open peer-to-peer platform, the new enterprise aims to achieve hyperbitcoinization.
Synonym Software Ltd., a business…
Tether is testing an anti-money laundering compliance technology
Tether has had a year filled with both accomplishments and controversy in 2021. Tether's market capitalization surpassed $70 billion in October, propelling it into the world's top five…
Tether Charged with $41 Million Fine by the CFTC
The Commodity Futures Trading Commission has ordered Tether, the largest stablecoin issuer, to pay a $41 million civil monetary penalty as part of a settlement agreement, according to a…
Tether lacked sufficient funds to support USDT supply
Tether (USDT), the biggest stable coin cryptocurrency, has lately faced a barrage of negative press. Allegations have resurfaced that the stablecoin's reserves, which are meant to be backed…
Tether will conduct an Audit in the upcoming month
On July 21, Stuart Hoegner claimed, an audit of Tether's reserve could be in the coming months. This new audit report can help in achieving transparency that will play a key role in…
Wallets