Tether (USDT)

Ukraine has Raised Over $200M in Cryptocurrency

Ukraine has raised over $200M for it's war effort via public cryptocurrency donations.

Who really owns Tether anyway?

Details of the 2021 New York Attorney General investigation into Tether has given us details own its ownership structure.

DeFi

Circle Launching European Stablecoin EUROC

Circle, the stablecoin giant behind USDC, announced they are launching a Euro-pegged stablecoin, EUROC. EUROC is launching June 30th 2022.

DeFi

Will Tether's USDT be the Next Stablecoin to Collapse?

Tether’s USDT stablecoin is losing market cap. Tether could collapse in a major market downturn because it holds non-cash assets in its treasury.

Tether (USDT)

Hedge Fund Shorts Stablecoin Tether (USDT)

Hedge fund Fir Tree Capital Management took a large short position against Tether. If its bet pays off, the hedge fund is expecting to see returns within 12 months.

DeFi

DeversiFi Pays $23 Million in Fees to Transfer $100,000 Then Gets the Money Back

Bitfinex made the news last week after paying over $23 million in Ethereum (ETH) gas fees to transfer $100,000 in Tether (USDT).