Tether

CipherTrace Expands Monitoring Platform to 700 Tokens

October 21, 2019
United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87% of the transactional volume of the top 100 cryptos such as Ether (ETH), Tether (USDT), Bitcoin Cash (BCH)

Algorand’s Venture Arm Loses up to $2M in Hot Wallet Breach

October 11, 2019
Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised. The breach allowed hackers to gain access to Yabo-managed Algo hot wallet, a source familiar with the matter told Coindesk on Oct. 5. The total amount

IMF Educates on Stablecoins, Is Government Adoption Possible?

October 3, 2019
The International Monetary Fund has always shown some crypto-curiosity. In a recent document, the IMF commented on the use cases and utility of stablecoins, or assets with a pegged value. IMF BIGS UP STABLECOINS In a recent IMF staff paper, part of the Fintech Notes series, the organization outlines the promises and risks of those assets, as

Tether (USDT) Remains King Of Stablecoins Still

July 11, 2019
Tether, the controversial stable coin has somehow learned the art of survival, especially at times when most of the community is betting against it. The stable coin has been at the center of numerous controversies right from the time of its inception. First, it was the dubious claims over its US dollar reserves, then the

Tether Stablecoin Now Available on EOS Blockchain

June 6, 2019
Blockchain tech company Tether has announced that it is partnering with EOS parent company Block.one to release its stablecoin (USDT) on the EOS blockchain (EOSIO), according to a press release shared with Cointelegraph on May 31. According to the announcement, Tether developed the Tether EOS smart contract, which has been sent to the EOS account “tethertether” and peer-reviewed by the Canadian branch of EOS. Tether

Stablecoin USDT Launched on Tron Blockchain

April 25, 2019
Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT — which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and

Crypto Exchange Poloniex Adds Support for USDT on Tron Blockchain

April 23, 2019
Major cryptocurrency exchange Poloniex will support Tether’s stablecoin USDT coin on the Tron (TRX) blockchain, according to an announcement published on April 19. United States-based digital currency exchange Poloniex has added support for deposits and withdrawals of USDT on the Tron network. The development will reportedly support Tether on both chains —  USDT issued on the Omni protocol and the Tron network.

Stablecoin USDT Launched on Tron Blockchain

April 22, 2019
Tether has started issuing its stablecoin USDT on the Tron (TRX) blockchain. The development was announced in a blog post published on April 17. The development is an upgrade from the OMNI protocol-based USDT —  which is pegged to the United States dollar on a 1:1 basis — that now enables users to hold and transfer the cryptocurrency through smart contracts on Tron