Tether keeps printing new USDT coins, despite facing a recent lawsuit with claims for $1.4 trillion. The stablecoin producer revealed… read more
What is Tether?
Tether (USDT) is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by 1 US Dollar held in the reserves of Tether Limited. Tether can be transferred, stored, spent, just like any other cryptocurrency. Tether (USDT) offers an alternative to Proof of Solvency methods by introducing a Proof of Reserves Process. Tether is a crypto-fiat stable coin, meaning that its value mirrors that of the US Dollar. Learn more about Tether in our cryptocurrency guides.
A class-action lawsuit has been filed against iFinex, the umbrella company running Bitfinex, as well as Tether, Inc. After months… read more
A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting… read more
Tether, Inc. and Bitfinex reacted sharply over the weekend, issuing preemptive statements over a recently presented paper on the activity… read more
Tether posted a press release on their website today saying that they’re expecting lawsuits based on research they call “Meritless… read more
In 2019, the gains in Bitcoin (BTC) may have received a boost from a series of injections of Tether (USDT)… read more
The Blockchain Transparency Institute (BTI) has collected the evidence for a long-running suggestion – that Tether (USDT) is used deliberately… read more
Cryptocurrency exchange, Bitfinex, has won a reprieve in its ongoing Supreme Court case with the New York Attorney General (NYAG).… read more
400 million USDT vanished away yesterday at Tether Treasury, according to Twitter user Whale Alert. Many investors fear that a… read more
Tether has transferred another $300 million worth of USDT from the bitcoin based Omni layer to ethereum. “Tether will coordinate… read more
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