5 significant events occurred in the past 24 hours.
US authorities seize USDT funds
2024-08-23 08:20:58 EDT, Sentiment: 0.52
US authorities seized $5 million in USDT from Pig Butchering scams, and Tether has redistributed $108.8 million USDT from illicit activities since 2014.
US Authorities seize $5 million worth of USDT obtained through Pig Butchering scams
Summary: US authorities seized over $5 million worth of Tether linked to Pig Butchering scams, targeting cryptocurrency investment fraud. This action highlights efforts to combat cyber-enabled fraud and recover stolen funds for victims affected by these deceptive schemes.
- Sentiment: 0.1
- Nairametrics @ 2024-08-23 08:20:58 EDT Read More
Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
Summary: The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to...
- Sentiment: 0.0
- Cointelegraph @ 2024-08-23 21:41:44 EDT Read More
IOTA Listed on MEXC with USDT
2024-08-23 05:18:57 EDT, Sentiment: 0.78
IOTA will be listed on MEXC with a USDT trading pair going live.
IOTA Set for MEXC Listing in Assessment Zone: USDT Trading Pair Goes Live
Summary: IOTA's new trading pair IOTA/USDT will start on MEXC’s Assessment Zone on August 23, 2024, at 12:00 UTC. This move follows IOTA’s recent technological upgrades and completion of the European Blockchain Pre-Commercial Procurement.
- Sentiment: 0.56
- Crypto News Flash @ 2024-08-23 05:18:57 EDT Read More
Tether halts blockchain plans.
2024-08-23 04:32:13 EDT, Sentiment: 0.53
Tether has decided against launching its own blockchain, citing market saturation and concerns.
Tether CEO says no plans for a ‘USDT Network’
Summary: Tether has shelved plans to create its own blockchain, with CEO Paolo Ardoino possibly pointing to market saturation.
- Sentiment: 0.0
- Cryptopolitan @ 2024-08-23 04:32:13 EDT Read More
Why Tether (USDT) Won’t Launch Its Own Blockchain...
Summary: Tether (USDT) has decided not to launch its own blockchain, citing market saturation and a preference for existing platforms. Tether's CEO, Paolo Ardoino, believes that blockchains are becoming commodities and is satisfied with the current solutions available.
- Sentiment: 0.0
- The Tradable @ 2024-08-23 07:04:00 EDT Read More
Why Tether’s Dropping Its Blockchain Dream and Focusing on USDT
Summary: Tether has abandoned its plan to launch a new blockchain, citing a saturated market. Instead, the focus is on ensuring the security and sustainability of USDT, rather than entering the competitive blockchain landscape.
- Sentiment: -0.2
- Coinpedia @ 2024-08-23 09:47:25 EDT Read More
Tether shuns blockchain launch, cites market concerns
Summary: Tether decides against launching its blockchain, citing market saturation and focusing on leveraging existing platforms for USDT.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-23 09:05:59 EDT Read More
Tether Opts Out of Blockchain Race Citing Market Saturation
Summary: Tether Holdings has decided not to launch its own blockchain due to market saturation and existing strong platforms. Instead, the company will continue utilizing established blockchains like TRON and focus on stability and security for its USDT stablecoin.
- Sentiment: 0.2
- BeInCrypto @ 2024-08-23 10:42:20 EDT Read More
Tether Holds Back Blockchain Plans, Citing Market Saturation
Summary: To date, Tether has added support for USDT, the largest stablecoin with a market capitalization of over $117 billion, to numerous blockchain protocols,...
- Sentiment: 0.0
- Coinspeaker @ 2024-08-23 10:17:18 EDT Read More
Tether Abandoned Plans for Its Own Blockchain, Citing Future Commodity Status
Summary: Tether has decided against launching its own blockchain due to market saturation. Instead, the company is expanding its stablecoin offerings, including new USDT releases on the Aptos network and a stablecoin pegged to the UAE dirham.
- Sentiment: 0.2
- Crypto Economy @ 2024-08-23 10:00:50 EDT Read More
Tether shuns blockchain launch, cites market concerns
Summary: Tether decides against launching its blockchain, citing market saturation and focusing on leveraging existing platforms for USDT.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-23 09:01:35 EDT Read More
Tether Opts Out Of Launching Its Own Blockchain
Summary: Tether has decided against launching its own blockchain, opting instead to use existing ones for USDT. The company focuses on sustainability and security, recently expanding USDT to the Aptos blockchain to enhance transaction efficiency and accessibility.
- Sentiment: 0.1
- FinanceFeeds @ 2024-08-23 15:37:09 EDT Read More
Tether Has No Plans to Launch Its Own Blockchain: Here’s Why
Summary: Tether, the issuer of the world's largest stablecoin, USDT, has maintained its position as an industry powerhouse over the past years.
- Sentiment: 0.0
- DailyCoin @ 2024-08-23 16:01:43 EDT Read More
Here is Why Tether Won’t be Launching Their Own Blockchain
Summary: Tether decided against launching its own blockchain, focusing instead on integrating USDT with existing ones like Aptos to reduce transaction fees and improve accessibility. Additionally, Tether is collaborating on a dirham-backed stablecoin in the UAE.
- Sentiment: 0.2
- Cryptodnes.bg @ 2024-08-23 12:30:25 EDT Read More
Tether delays blockchain rollout due to market fears August 23, 2024
Summary: Tether decided not to launch its own blockchain due to market saturation and strategic concerns. Instead, it will use existing blockchains, including launching USDT on Aptos to leverage its scalability and reduce transaction costs.
- Sentiment: 0.1
- Bitcoinleef @ 2024-08-23 12:15:00 EDT Read More
Will Tether Unveil Its Own Blockchain? CEO Shares Intriguing Details | Bitcoinist.com
Summary: Tether's CEO, Paolo Ardoino, announced that Tether will not launch its own blockchain, citing the commoditization of blockchains and the company's focus on ensuring the reliability and integration of its stablecoin, USDT, across existing blockchain platforms.
- Sentiment: 0.05
- Bitcoinist @ 2024-08-23 18:30:10 EDT Read More
Tether mints $3 billion USDT.
2024-08-22 23:50:03 EDT, Sentiment: 0.7
Tether minted $3 billion USDT in one week, raising questions about where the funds went.
Tether Mints $3B USDT In One Week: Where Did It All Go?
Summary: Tether minted $3 billion USDT in a week, with $1.75 billion transferred to major exchanges and $1.29 billion specifically to Kraken. This highlights the significant role of stablecoins in the crypto market and Tether’s continued dominance.
- Sentiment: 0.6
- The Merkle News @ 2024-08-22 23:50:03 EDT Read More
XRP Will Soar Massively When Tether Bubble Bursts, Says Researcher
Summary: SMQKE predicts a potential collapse of the “Tether bubble” could shift market dominance to XRP and its stablecoin RLUSD. He cites concerns about Tether’s stability and its impact on Bitcoin and Ethereum, suggesting RLUSD’s regulatory compliance as a stable alternative.
- Sentiment: 0.2
- Times Tabloid @ 2024-08-23 01:19:02 EDT Read More
Tether Announces New UAE Dirham-Pegged Stablecoin
Summary: Tether will introduce a new stablecoin pegged to the UAE Dirham (AED), in partnership with Phoenix Group PLC and Green Acorn Investments Ltd. This addition expands Tether’s stablecoin range and aims to enhance transactions and trade in the UAE.
- Sentiment: 0.7
- TechAfrica News @ 2024-08-23 03:37:22 EDT Read More
Tether Mints $1 Billion More USDT on TRON Network, $61.7B in Total Now
Summary: On August 20, Tether Treasury minted $1.0 billion in USDT on the TRON network, marking the 18th time this year. TRON's USDT supply now totals $61.7 billion, surpassing Ethereum, highlighting TRON's growing importance in stablecoin transactions.
- Sentiment: 0.2
- BlockchainReporter @ 2024-08-23 09:30:00 EDT Read More
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
Summary: The stablecoin economy is gaining momentum again, nearing the all-time highs it saw before the collapse of Terra's UST.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-23 10:31:18 EDT Read More
Experts On How A Bullish TRX-Tether Signal Boosted Tron With $1 Billion USDT
Summary: Tether's $1 billion USDT infusion into the Tron network could drive Tron’s (TRX) price higher, potentially breaking through its resistance level and sparking a significant price rally. This substantial capital injection is seen as a pivotal moment for TRX.
- Sentiment: 0.8
- The Crypto Basic @ 2024-08-23 15:05:39 EDT Read More
PayPal’s PYUSD Soars to $600M Market Cap on Solana, Gearing Up to Topple USDT
Summary: PayPal's PYUSD stablecoin is close to overtaking Tether (USDT) on the Solana network as its market cap surpasses $600 million.
- Sentiment: 0.0
- CCN.com @ 2024-08-23 14:00:22 EDT Read More
Justin Sun discusses USDD Bitcoin removal
2024-08-22 23:44:49 EDT, Sentiment: 0.5
Justin Sun describes the removal of 12,000 Bitcoin from USDD as a basic concept in decentralized finance (DeFi).
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
Summary: Justin Sun claims removing 12000 Bitcoin from USDD's collateral is routine in DeFi. Despite the shift, USDD remains well-collateralized with a 230% ratio.
- Sentiment: 0.0
- Cointelegraph @ 2024-08-22 23:44:49 EDT Read More