Tether terminates Bitcoin support while advertising Bitcoin support
Tether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support.
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Tether will terminate redemptions and freeze most USDT tokens using the Bitcoin ledger on September 1 as it terminates Omni support.
Read more (2 min) →Adam Back’s BSTR Inc. is the fourth largest publicly traded BTC treasury company, yet questions about the source of its coins linger.
Tether has made BTC an important part of its reserves, but does that make Tether vulnerable if BTC falls?
Tether-backed Twenty One's plan to acquire over 42,000 BTC sounds not unlike Michael Saylor's leveraged BTC acquisition strategy.
Tether has been minting USDT and buying bitcoin. MicroStrategy, Trump and others have bought more but why does the price keep crashing?
In December, Binance listed billions of dollars in excess proof-of-reserves but much of that capital buffer has now vanished from view.
Tether and Cantor Fitzgerald have both grown their collateralized lending businesses by approximately $2 billion over the last few months.
Tether claims to generate tens of billions of dollars in annualized profit and is deploying hundreds of millions into bitcoin miners.
The former chief of Ukraine's cyber security agency allegedly embezzled $1.7M in state funds and must hand over $1.5M in USDT and BTC.
"What’s going on?” wrote one X user, while another asked, “you really trying to pass that off as not photoshopped?”