A two-key breach could hand control of $91 billion in USDT to hackers, report finds
The rating agency's new framework combines Wall Street financial auditing with Web3 code reviews to evaluate both offchain reserves and onchain security.…
Tether sued over frozen ‘pig butcher’ coins, 6,600 students get crypto loans: Asia Express
Thai businessmen sue Tether over $42M frozen USDT tied to pig butchering scam, Aussie crypto firms face big fines unless they meet licensing deadline.…
Bitcoin’s fabled golden cross is coming. And USDT may be the real signal this time
BTC is nearing a bullish golden cross, a widely tracked signal with a mixed record of success in crypto markets. But this time, USDT is supporting the bullish…
Lawsuit challenges Tether for allegedly freezing $42.4 million USDT before U.S. warrant
The plaintiffs allege that Tether acted in response to an informal U.S. lawenforcement request more than three months before a seizure warrant was issued.…
Bitfinex Securities lists tokenized notes tied to Strategy, Metaplanet
Five equitybacked notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible nonUS investors. Source:Cointelegraph
Sberbank plans to add ether and USDT as collateral for crypto-backed loans: Report
The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges. Source:CoinDesk
Russia’s Sber eyes USDT loans, questions digital ruble demand
Russia’s largest bank, Sber, plans to accept USDT and Ether alongside Bitcoin as loan collateral as the country introduces regulated crypto trading under a new…
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
MiCA cracks down on USDT in Europe... but no one else cares
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether.…
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pensionusdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price…
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.…
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its longpromised financial audit.…