Tether – DIGIT INFO

Only 4 people controlled Tether Holdings as of 2018: Report

New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure.

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Tether CTO Paolo Ardoino on taking the bull by the horn

Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides.

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Bitcoin bulls plan to flip $23K to support by aiming to win this week’s $1B options expiry

BTC bulls are positioned to win this week’s $1 billion options expiry, but the market’s post-FOMC reaction could alter their plans.

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Following APT’s 400% Rise Since Late December, Aptos Drops 20% From All-Time High

On Jan. 26, 2023, the cryptocurrency asset aptos (APT) reached an all-time high and then lost 20% of its value over the next five days. In the past 24 hours, it also shed 8.3% against the U.S. dollar. Despite the decline from its all-time high, APT is still up 349% compared to last month’s exchange […]

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Tether CTO denies borrowing from bankrupt lender Celsius

Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.

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Stablecoin Economy Sheds Another $3 Billion in 44 Days

The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

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Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.

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Tether moves to combat child abuse content marketplaces

Tether set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces.

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Algorithmic stablecoin market share dropped by 10x from ATH: Report

The stablecoin market in general is going through hard times, though it’s the algorithmic coins that suffered the most.

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Bitcoin’s Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40%

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m. Eastern Time on Saturday. The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar. Bitcoin’s price rise has led to the crypto asset’s dominance level surpassing the 40% region among […]

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