The world’s biggest stablecoin has dropped below its $1 peg
Tether sank to as low as 98 cents Thursday morning, according to data from CoinGecko.
FXPIG – First Broker to Offer APEUSDT and 60+ Crypto CFDs vs USDT
Leading multi-asset brokerage, FXPIG has announced the launch of over 60 cryptocurrency pairs as CFDs. The global broker is the first to offer APEUSDT as a cryptocurrency CFD and has…
Tether to Reduce Holdings of Commercial Debt in USDT Reserves
The world’s leading stablecoin issuer Tether has stated that it plans to reduce its holdings of commercial debt in its reserves.
Huobi PrimeEarn high-yield Tuesday: Attractive APY of up to 40% for USDT deposits
Huobi Global, one of the world’s leading digital asset exchanges, today announced its latest PrimeEarn High-Yield Tuesday event, which incentivizes fixed deposit investors with high Annual Percentage Yield (APY) for…
PrimeEarn High-Yield Tuesday: Team Up to Win 20% APY for USDT
Since launching for the first time in December 2021, each Huobi PrimeEarn promotion has been oversubscribed by investors. Why? In contrast to flexible deposit products, PrimeEarn is a fixed deposit…
US hedge fund Fir Tree attempts to short tether: report
Fir Tree Capital Management is betting against tether, claiming the stablecoin issuer’s commercial paper holdings are bound to lose value. The post US hedge fund Fir Tree attempts to short…
A $4 Billion Hedge Fund Is Shorting Tether’s Stablecoin
Fir Tree Capital Management is shorting the stablecoin Tether amid regulatory scrutiny and fears over ties to the Chinese debt market.
Hedge Fund Fir Tree Makes ‘Big Short’ Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, say clients of the firm.
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some…
Tether And The City Of Lugano Presented Its “Plan B.” What Did We Learn?
The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain…
