Stablecoin issuer Tether froze three Ethereum addresses on Thursday, holding over $160 million worth of USDT, according to data from Etherscan.The three accounts will now not be able to move funds.In total, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017, according to the Bloxy block explorer.Tether has said in the past that it regularly … [Read more...] about Tether Freezes $160M of USDT Stablecoin on Ethereum Blockchain
USDT
Tether freezes $150 million in USDT
Tether has added three more Ethereum addresses, holding more $150 million worth of the USDT stablecoin between them, to its blacklist.As a centralized company, Tether is able to blacklist addresses it believes are involved in crime, money laundering — or for any other reason it chooses.This is the first time Tether has blacklisted an address in 2022 but it added 312 addresses … [Read more...] about Tether freezes $150 million in USDT
Tether mints an additional $3 billion of USDT in past 2 weeks
Tether’s circulating supply has increased to $76 billion as the team minted an additional $3 billion worth of the asset during the last 2 weeks, and most notably $1 billion of those new coins were minted on Tron Network on December 4.Tether mints new coin, faces scrutiny about its backingAccording to available data, USDT’s new circulating supply which is around $76 billion is … [Read more...] about Tether mints an additional $3 billion of USDT in past 2 weeks
These are the six companies that bought almost $100 Billion USDT from Tether
After several months of research, a report from Protos managed to identify exactly who acquired 70% of all USDT ever issued. The report looked at every single USDT ever sent to and from Tether across eight blockchains and layers it currently exists on, finding that the company distributed $108.5 billion in USDT since 2014.The majority of the funds were sent directly to market … [Read more...] about These are the six companies that bought almost $100 Billion USDT from Tether
Tether’s USDT to Launch on Avalanche
BusinessThe company behind the stablecoin also said that through an integration with Bitfinex, investors would have fast access to the token on the crypto exchange at low cost.By Helene BraunNov 10, 2021 at 3:00 p.m. UTCUpdated Nov 10, 2021 at 4:34 p.m. UTC(Shutterstock) Source link … [Read more...] about Tether’s USDT to Launch on Avalanche