Business 1 May 2019

Tether lawyers confirm USDT stablecoin only partially backed by fiat

Tether only has enough cash on hand to back three-fourths of the supply of USDT, according to recently released documents.

Business 26 April 2019

Tether fans, you’ve been warned: Now is the time to be concerned

There have always been questions about whether or not USDT was actually truly tied to the U.S. dollar as Tether had asserted from the beginning.

Business 15 March 2019

Tether, the USD-pegged coin that’s no longer backed by USD

Ever since it was first introduced, there have been questions about the legitimacy of the Tether (USDT) stablecoin.

Business 21 May 2018

Tether issues another $250M worth of new USDT tokens

Tether, which trades at around 1:1 with the U.S. dollar, has just printed a quarter of a billion USDT tokens, according to the Omni Explorer.

Business 21 November 2017

Tether claims its treasury got hacked, 30 million+ in USDT gone

Tether states that “$30,950,010 USDT was removed from the Tether Treasury wallet on Nov 19, 2017 and sent to an unauthorized bitcoin address.

Business 22 November 2017

Recent Tether hack stirs up rumors of BTC pump-and-dump conspiracy with Bitfinex

Questions about how Bitfinex is staying afloat with no publicly known bank backing them is inciting dangerous theories.