Tether Promises Audit Following WSJ Criticism
Tether says it intends to perform an audit following concerns raised by the Wall Street Journal earlier this week. Tether Is Planning an Audit Tether says it hasn’t been audited...
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Tether responds to Wall Street Journal ‘disinformation’
To attack Tether’s reserves [...] further highlights an agenda by the publication to single out Tether and hurt its reputation,” the USDT issuer said.
Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto
Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic…
0.3% fall in assets “could render Tether technically insolvent” — WSJ
Wall Street Journal's Jean Eaglesham and Vicky Ge Huang suggested that such a “thin cushion of equity” could cause mayhem in the market if Tether’s liabilities were to outweigh its…
Tether Won’t Freeze Tornado Wallets Unless Directly Ordered
Stablecoin firm Tether said today that it would not freeze Tornado Cash addresses without specific orders from law enforcement. Tether Has Not Received Freeze Orders Tether says it has not...
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company…
Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
"In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects," says Tether.
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in…
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
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