8 Articles 0 Followers
24 Mar 2025 1 minute read 3 comments Yugocean
Tether, the firm that used to create a billion tokens out of thin air, is suddenly keen to have a full audit of its reserves. Let’s dig a little deeper: Prepared for the audit Tether CEO Paolo Ardoino has stated that obtaining a full au...
22 Dec 2024 1 minute read 5 comments Yugocean
The introduction of new stablecoins increases Tether's competition issues; here we should understand how much preparation the company is making to deal with these challenges: Big Net profit to help with Capital Big Investment to domain market...
26 Nov 2024 1 minute read 0 comments Yugocean
5% Deal Cantor Fitzgerald CEO Howard Lutnick has indicated interest in acquiring a 5% stake in Tether. Due of Lutnick's current influence, I believe this could be a deal for Tether. Impact on Tether and Cryptoverse Cantor Fitzgerald is...
11 Nov 2024 1 minute read 2 comments Yugocean
Tether boss Paolo Ardoino is moving tether in some strange ways, let's dive into his ways- Heavy Minting Tether has created almost 4 billion USDT tokens in the last few days alone. I don't recall any mintings below 50 million, but the most...
1 Nov 2024 1 minute read 1 comment Yugocean
Tether has released its third quarter financial report, reporting its excellent success ($2.5 billion net profit). Source: Tether Well, I am not surprised, nor am I excited about such a development from a crypto company. Because Tether is w...
29 Jan 2024 1 minute read 0 comments Yugocean
Tether is the largest stablecoin provider in the crypto world and is currently in the news for its incredible minting of USD-based stablecoin USDT. Minting out of thin air? Today, Tether again created one billion USDT tokens, this time...
15 Jan 2024 1 minute read 0 comments Yugocean
Hackers cause damage to the crypto world, but on January 14-15, Bitfinex prevented an XRP attack, and saved itself, XRP, USDT from a big loss. An unsuccessful attack On January 14-15, Bitfinex faced a "Partial Payments Exploit," this is...
23 Oct 2023 1 minute read 3 comments Yugocean
USDT Whale(s) sent hundreds of million USDT to Binance in multiple transactions, marking stablecoin possibilities. Whale Trusts Binance The unidentified USDT whale transferred more than 700 million USDT in multiple transactions from the w...
