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A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain.Blockchain security firm Scam Sniffer reported the incident on Nov. 20, detailing how the stolen
Tether has announced plans to invest an undisclosed amount in Quantoz, a Dutch fintech company, to assist with the introduction of two new stablecoins — EURQ and USDQ, according to a Nov. 18 statement.Quantoz, which
Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin’s rally near the $90,000 milestone.Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar. As a result, their use for everyday transactions and overall acceptance are
The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat
Tether CEO Paolo Ardoino has dismissed recent speculation about the company’s plans to launch a proprietary blockchain network.In a Nov. 3 post on X, Ardoino clarified that Tether does not intend to create its blockchain.
It’s been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the