Gambling with Tether: Ultimate Bet, USDT perps, Tron bets, and the $1 peg
Tether has always had a close relationship with online gambling: Ultimate Bet poker, USDT-denominated perps, and USDT-on-Tron gaming.
Bitcoin24h
$66,270.97+1.39%
Ethereum24h
$1,924.12+1.03%
BNB24h
$573.05+0.33%
XRP24h
$1.15+2.77%
Solana24h
$77.95+0.07%
TRON24h
$0.3295+0.86%
Hyperliquid24h
$60.81-2.96%
Dogecoin24h
$0.0734+1.72%
Zcash24h
$533.75-2.92%
UNUS SED LEO24h
$9.71-0.15%
Meet Heka Funds, the Tether whale that never stops giving
Malta-based Tether client and stablecoin whale Heka Funds regularly turns a profit and since inception has seen returns of 100%.
Tether’s shareholder capital cushion is full of contradictions
Tether’s most recent attestation suggests a large increase in “Shareholder Capital Cushion” that was not shown on its transparency page.
Justin Sun strengthens ties to Tether and Hong Kong
Sun has an interest in cleaning up Huobi’s reputation after the collapse of the exchange’s $1 HUSD stablecoin.
License-hunting Crypto.com kills Tether for Canadian users
A Crypto.com spokesperson said that its decision on Tether was made “in accordance with instructions from the Ontario Securities Commission.”
-
South Korea’s stock market is officially more volatile than BTC—by Protos Staff
-
Supra patched oracle on 11 other chains before $9M Hedera exploit—by Protos Staff
-
These crypto chains raised $500M but generate just $360 in daily fees—by Protos Staff
-
IBM just had its worst day since Black Monday—by Protos Staff
-
No amount of cash can fix STRC’s trust problem—by Protos Staff
-
CHART: Value of Tesla’s BTC holdings have fallen by two-thirds—by Protos Staff
-
GoPro founder lends company $20M after 99% stock collapse—by Protos Staff
-
AscendEx shutdown: Uncertainty over withdrawals as hot wallets lack funds—by Protos Staff
-
It’s been 365 days since Pump Fun promised an airdrop was ‘coming soon’—by Protos Staff
