Crypto Whales Ditched Tether for USDC After Stablecoin Panic
The UST failure prompted large investors on the Ethereum blockchain to leave USDT for the perceived safety of its biggest competitor.
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May 25, 2022 at 4:47 p.m. UTC
May 25, 2022
usdt
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Tether’s Reserve Attestations: Commercial Paper Down, Treasurys Up
Will the attestations be enough to calm Tether’s critics?
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May 19, 2022 at 7:35 p.m. UTC
May 19, 2022
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First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.
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May 17, 2022 at 11:26 p.m. UTC
May 17, 2022
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Crypto News Roundup for May 12, 2022
With bitcoin traders taking a beating overnight as Tether’s USDT stablecoin loses its $1 peg, plus a look at where the collapse of Terra’s stablecoin may fit in a history of self-delusion, CoinDesk’s Markets Daily is back with the latest news roundup.
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May 12, 2022 at 6:19 p.m. UTC
May 12, 2022
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Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.
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May 5, 2022 at 5:07 p.m. UTC
May 5, 2022
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Tether’s USDT Stablecoin Enters Polkadot Ecosystem With Kusama Launch
Kusama becomes the tenth blockchain to support USDT, which already has more than $80 billion in circulation.
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Apr 13, 2022 at 2:00 p.m. UTC
Apr 13, 2022
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Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
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Mar 11, 2022 at 3:49 p.m. UTC
Mar 11, 2022
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Ruble-Denominated Bitcoin Volume Surges to 9-Month High
The increase comes as the West's sanctions on Russia trigger a flight from the ruble.
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Feb 28, 2022 at 6:28 a.m. UTC
Feb 28, 2022
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Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.
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Feb 24, 2022 at 5:22 p.m. UTC
Feb 24, 2022
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Tether's New Accounting Firm Is the Old One, With Baggage
Moore Cayman is now operating under the MHA Cayman name, but the firm's parent is under investigation in the U.K.
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Jan 26, 2022 at 4:37 p.m. UTC
Jan 26, 2022