Bitcoin24h $87,604.33-1.29%

Ethereum24h $2,882.83-1.74%

BNB24h $871.22-0.87%

XRP24h $1.91+0.68%

Solana24h $122.94-2.75%

TRON24h $0.2946-1.14%

Dogecoin24h $0.1214-1.05%

Cardano24h $0.3489-1.54%

Bitcoin Cash24h $576.50-1.50%

Monero24h $462.28-3.02%

Is HTX redeeming 80% of TrueUSD?

HTX has sent $406 million of the $502 million total TrueUSD to new addresses in the last few months, perhaps pending redemptions.

Tether execs are spending big on El Salvador real estate, report

Tether CEO Paolo Ardoino has reportedly bought land worth almost $2 million in a luxury El Salvadorian golf resort.

Traders were spooked on Wednesday when it was reported that the US government could be set to sell 69,370 Silk Road bitcoins.

Heka Funds is one of the largest USDT arbitrage funds. We asked its manager to comment on Tether as well as MicroStrategy and BTC.