Archives

May 15, 2024 @ 4:10 pm By Omar Faridi  |  

Tether Operations Limited, the largest company in the digital asset industry, announces the signing of a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO), which is the first step towards the launch of several strategic initiatives to help foster the adoption of… Read More

May 8, 2024 @ 10:05 am By JD Alois  |  

Tether, the issuer of the top stablecoin USDT, says it has committed more money to Georgia-based Fintech CityPay.io. Tether did not provide further details on the investment, only noting that it was an “additional investment.” CityPay is said to be active across 600 locations in… Read More

May 2, 2024 @ 9:43 am By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the first quarter of 2024, conducted by BDO, a leading global independent accounting firm. The most recent attestation as of 31 March 2024, “discloses additional financial information of Tether Group which is no longer limited to… Read More

April 30, 2024 @ 8:42 am By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital asset industry, announced that it has made a strategic investment of $200 million into Blackrock Neurotech, the enabler of Brain-Computer-Interface (BCI) technology, through its newly formed venture division Tether Evo. With this… Read More

April 26, 2024 @ 8:21 am By Omar Faridi  |  

Alchemy Pay has integrated the newly-launched USDT on TON stablecoin by Tether onto its payment ramp, expanding accessibility and enhancing the user experience “for those looking to engage with USDt on TON through fiat transactions, reaching out to the vast network of Telegram’s 900 million… Read More

April 18, 2024 @ 6:32 pm By Omar Faridi  |  

Tether, which claims to be among the largest companies in the digital assets industry, and Fuze, a digital assets infrastructure provider with offices in Abu Dhabi, Dubai, and Istanbul, have signed a Memorandum of Understanding (MoU) in order “to establish the terms of a collaboration… Read More

April 14, 2024 @ 2:24 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be one of the largest companies in the digital asset industry, and Coins.ph, a digital asset exchange in the Philippines, announced that they are joining forces to promote financial education of blockchain technologies, Bitcoin, and Stablecoins, in the region…. Read More

April 1, 2024 @ 7:06 pm By JD Alois  |  

Tether, the largest issuer of stablecoins, has posted on its blog that it has passed a SOC 2 Type 1 audit. Tether CEO Paolo Ardoino said the compliance measure “assures our customers that their assets and data are managed in an environment meeting the highest… Read More

March 28, 2024 @ 4:09 pm By Omar Faridi  |  

Tether Operations Limited, which claims to be the largest company in the cryptocurrency industry, announced a strategic expansion of its AI [artificial intelligence] focus, positioning itself at the forefront of innovation. This move underscores Tether’s dedication “to advancing AI accessibility and efficiency, further solidifying its… Read More

March 12, 2024 @ 11:41 pm By Omar Faridi  |  

Tether Operations Limited (Tether), which claims to be the largest company in the cryptocurrency industry, announced that USDT will launch on Celo, a mobile-first and EVM-compatible blockchain network that’s built for the real world and designed for fast, low-cost payments worldwide. This strategic collaboration between… Read More

March 12, 2024 @ 10:24 am By JD Alois  |  

Tether, the largest stablecoin issuer in the world (USDT), says it helped Uncle Sam battle an alleged tech scam. Tether says that it assisted the Feds in seizing $1.4 million in stolen funds from a fraud. The company said this highlights its commitment to fighting… Read More

March 8, 2024 @ 7:00 pm By Omar Faridi  |  

Tether, which claims to be among the largest companies in the cryptocurrency industry, announced the signing of a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP), responsible for crypto regulation and development in the Republic of Uzbekistan. This strategic collaboration aims… Read More

February 6, 2024 @ 9:01 am By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, has announced its investment in Oobit, a mobile payment application. The Series A investment round has concluded “with $25 million raised for Oobit’s ongoing development, supporting its goal of mainstream cryptocurrency adoption.” This… Read More

February 1, 2024 @ 12:49 pm By Omar Faridi  |  

Tether Holdings Limited (BVI) released its assurance opinion for the fourth quarter of 2023, conducted by BDO, an independent auditing firm. This attestation reportedly reaffirms “the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a detailed breakdown of the assets held by the Group… Read More

January 17, 2024 @ 1:50 pm By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, and rhino.fi, a DeFi bridge, have announced a strategic collaboration aimed “at enhancing cross-chain transactions and improving the user experience for USDt within the DeFi space.” This collaboration will aim to “facilitate easier… Read More

January 16, 2024 @ 1:18 pm By JD Alois  |  

Over the years, Tether, the largest dollar-based stablecoin in the world, has been peppered with allegations of fraud and claims that the company did not have 1 to 1 reserves for USDT. In an interview with Bloomberg, held at Davos, Cantor Fitzgerald CEO Howard Lutnick… Read More

January 16, 2024 @ 8:49 am By Omar Faridi  |  

Tether, the issuer of the USDT stablecoin, says they are disappointed in the UN’s assessment that singles out USDT “highlighting its involvement in illicit activity while ignoring its role in helping developing economies in emerging markets, completely neglected by the global financial world simply because… Read More

December 26, 2023 @ 11:07 am By Omar Faridi  |  

Following recent initiatives to promote blockchain innovation in Georgia, Tether announced that it has invested an undisclosed amount into the Series-A investment round of Academy of Digital Industries, a Georgia-based progressive education platform “offering an extensive range of digital training and masterclasses.” This collaboration marks… Read More

December 17, 2023 @ 5:30 pm By Omar Faridi  |  

Tether, which claims to be the largest company in the cryptocurrency industry, has made public its recent letters to the members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee. Last October, a letter authored by… Read More

December 12, 2023 @ 5:00 pm By Omar Faridi  |  

Tether, which claims to be the leader in innovative blockchain technology, has announced recently a “significant” collaboration with Bitkub Online Co., Ltd. (Bitkub Exchange), Thailand’s cryptocurrency exchange (reportedly one of the most active in terms of crypto trading volume). This collaboration aims to launch “a… Read More