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ETH

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1.25%

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8.68%

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8.81%

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14.79%

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6.00%

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7.50%

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3.51%

XDC

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-1.02%

OP

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-0.37%

SEI

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7.23%

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1.94%

IP

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2.05%

IMX

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5.68%

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2.45%

INJ

$10.47

12.22%

CRV

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13.31%

GRT

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5.56%

WAL

$0.649055

22.20%

LDO

$0.85462

6.30%

BTT

$0.00000071

1.27%

WIF

$0.63202

9.37%

XCN

$0.01806674

-0.09%

XTZ

$0.564322

4.55%

SPX

$0.567224

8.02%

RSR

$0.0091734

7.15%

TEL

$0.00559508

10.21%

BDX

$0.071233

0.10%

OM

$0.478193

0.28%

BEAM

$0.00870781

23.50%

AR

$6.94

6.13%

XEC

$0.00002229

3.03%

APE

$0.539255

2.92%

NFT

$0.00000042

0.83%

W

$0.090006

7.45%

CFX

$0.080072

2.42%

CHZ

$0.04206929

4.34%

JST

$0.03821431

4.62%

AXL

$0.391097

3.50%

RON

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4.18%

AMP

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3.16%

SUN

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1.69%

LUNC

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3.34%

TWT

$0.802122

2.38%

CTC

$0.717022

3.49%

DOG

$0.00294991

11.92%

GNO

$113.10

3.21%

USR

$0.999716

0.00%

KET

$0.272296

16.27%

GLM

$0.271328

2.18%

NOT

$0.0026307

-0.77%

MX

$2.85

2.30%

ATH

$0.03135448

3.06%

SFP

$0.530785

2.49%

SNEK

$0.00347548

8.16%

MEW

$0.0028902

4.48%

ZIL

$0.0130666

5.42%

MOG

$0.00000063

10.79%

SNX

$0.724665

3.45%
Price data by
PricesTether

Tether News

Tether is a stablecoin, a cryptocurrency whose value is pegged to the US Dollar and backed by reserves held by its parent company (in 2019, Tether admitted in court documents that it was only 74% backed by cash and cash equivalents). Most cryptocurrencies are extremely volatile; Tether markets itself as a relief from crypto speculation. In terms of trading volume, Tether is the most widely used cryptocurrency in the world.
  • Gold bars. Image: Shutterstock

    Tether Gold Token Backed by 7.7 Tons of Physical Gold: Report

    Gold-backed stablecoin Tether Gold's total market value recently soared above $800 million as investors continued embracing safe-haven assets amid concerns over rising inflation, with a newly released attestation from a third-party auditing firm showing just how much gold that Tether is stockpiling to back the token.   The cryptocurrency hit a $770 million market capitalization as of March 31 and was backed by more than 7.7 tons of gold, according to a report from accounting firm BDO Italia. Mir...

    NewsBusiness
    3 min read
    Liz Napolitano
  • Poison. Image: Shutterstock

    Crypto User Loses $700,000 To Address Poisoning Scam—Here’s What Happened

    An Ethereum user fell victim to an address poisoning scam on Sunday, resulting in the loss of nearly $700,000 worth of the USDT stablecoin. Experts warn this rising form of scam is easy to fall victim to if users aren’t militant in fully checking the address that they’re sending funds to. What is address poisoning? For address poisoning to work, malicious actors create an address that looks strikingly similar to an address that the victim has interacted with recently. The attacker will then send...

    NewsCoins
    3 min read
    Ryan S. Gladwin
  • Image created by Decrypt using AI.

    Tether, Bitfinex, Cantor and SoftBank to Launch Bitcoin Company With $3.9 Billion Treasury

    In a team-up of crypto and TradFi giants, Tether, Bitfinex, Cantor Fitzgerald, and SoftBank Group announced Wednesday that they will team up to launch Twenty One, a publicly traded, Bitcoin-centric company that plans to launch with a treasury of more than 42,000 BTC—or about $3.9 billion worth. Tether and Bitfinex will be majority owners, with a minority stake owned by investment holding firm SoftBank. Twenty One will be launched through a planned SPAC merger with Cantor Equity Partners, which t...

    NewsBusiness
    3 min read
    Mat Di Salvo
  • Tether is the company behind the USDT stablecoin. Image: Shutterstock

    As Bitcoin Mining Companies Slump, Tether Loads Up on Bitdeer

    Bitcoin miners may be struggling as the price of the biggest cryptocurrency by market value trades sideways, and investors sell off their equity—but stablecoin giant Tether is betting big on one of the sector's largest players, purchasing about $32 million in equity in publicly traded Bitdeer in April. An SEC filing shows Tether snapped up the shares as the price of Bitdeer’s stock dropped. Tether did not immediately respond to Decrypt’s questions, but the company has increased its interest in t...

    NewsMarkets
    3 min read
    Mat Di Salvo
  • Bitcoin mining. Image: Shutterstock

    Stablecoin Giant Tether Throws Weight Behind Bitcoin Mining Pool Ocean

    Stablecoin giant Tether has said it will direct resources to help the Bitcoin mining pool Ocean, pledging to "deploy both existing and future hashrate" to the pool. The El Salvador-based company said Monday that it would do so to "support the resilience, transparency, and decentralization of Bitcoin's foundational infrastructure." Hashrate is the computational power used by the Bitcoin network. The more hashrate a Bitcoin mining pool has, the more efficiently it can find blocks and reap the imme...

    NewsBusiness
    2 min read
    Mat Di Salvo
  • Tether is the company behind the USDT stablecoin. Image: Shutterstock

    Tether May Launch New Stablecoin If US Regulators Push Out USDT, Says CEO

    With all the talk about how stablecoin legislation in the United States may or may not negatively impact foreign issuers, you might expect the biggest (and most controversial) issuer on the planet to be feeling the heat. But that’s far from the case, according to Tether CEO Paolo Ardoino. In fact, Tether has no real issue with its flagship stablecoin, USDT, being banned in the United States by new regulatory legislation, Ardoino told Decrypt on Friday.  To circumvent the potential issue, Tether...

    NewsLaw and Order
    5 min read
    Sander Lutz
  • US Treasury. Photo: Shutterstock

    US Treasury Sanctions Tron Wallets That Used Tether to Support Houthis

    The United States Department of the Treasury’s Office of Financial Assets Control, or OFAC, updated its Specially Designated Nationals and Blocked Persons (SDN) list to include eight Tron wallet addresses linked to a network of Houthi financial facilitators. The Houthis are an Iran-backed rebel group in Yemen that has previously launched attacks at Israel, as well as commercial ships in the Red Sea. The group was the target of U.S. airstrikes in March, in a move that made headlines in part becau...

    NewsLaw and Order
    3 min read
    Logan Hitchcock
  • President Donald Trump in Pittsburgh, Pennsylvania. Photo: Shutterstock

    Trump’s Crypto Conflicts Dominate Stablecoin Legislation Debate

    A House Financial Services Committee markup of stablecoin legislation appeared to go off course Wednesday, with Democrats spending hours hammering home the same message: They would in principle support the STABLE Act, but see President Donald Trump’s personal involvement in the stablecoin sector as an unacceptable conflict of interest.  Multiple Democrats, including a co-sponsor of the STABLE Act itself, offered amendments to the bill on Wednesday that would have prevented the president, his cab...

    NewsLaw and Order
    4 min read
    Sander Lutz
  • Coinbase CEO Brian Armstrong. Photo: Anthony Harvey/Getty Images for TechCrunch, licensed under Creative Commons

    Top Lawmaker Shuts Down Coinbase Plea for Interest-Bearing Stablecoins

    As stablecoin legislation races toward the finish line in both chambers of Congress, crypto leaders have issued increasingly direct appeals to make those bills more favorable to their industry—but they're encountering resistance from lawmakers.  One emergent sticking point has been whether U.S.-regulated stablecoins should be allowed to generate interest for holders moving forward. On Coinbase, for instance, users can currently earn 4.1% APY on their USDC deposits—an attractive feature that coul...

    NewsLaw and Order
    3 min read
    Sander Lutz
  • U.S. Capitol. Source: Shutterstock

    Stablecoin Legislation Shouldn’t Force Issuers to Comply With Bank Secrecy Act: Rep. Tom Emmer

    In a potential sign of brewing tensions regarding key language in multiple stablecoin bills circulating in Congress, House Majority Whip Tom Emmer (R-MN) said this week he doesn’t believe stablecoin issuers like Tether should have to comply with the anti-money laundering Bank Secrecy Act—a major sticking point of both the Senate’s stablecoin-focused GENIUS Act, and the House’s parallel STABLE Act.  Including such a provision in the legislation could box out foreign issuers while favoring U.S. co...

    NewsLaw and Order
    4 min read
    Sander Lutz
  • Tether. Image: Shutterstock

    Tether Pours Capital Into Media, Agriculture Companies Amid Investment Spree

    Tether revealed Thursday it is investing in a pair of firms unrelated to the crypto industry, continuing an investment spree that has only intensified since the company reported record profits earlier this year.  The El Salvador-based company snapped up 49,596,510 shares of Latin American-focused agricultural firm Adecoagro, growing its stake in the business to 70%, according to an SEC filing published Thursday.  "Our investment aligns with Tether's broader strategy to back infrastructure, techn...

    NewsBusiness
    2 min read
    Liz Napolitano
  • USDC. Image: Shutterstock

    USDC Sets All-Time High Market Cap Above $60 Billion as Adoption Surges

    Circle USDC stablecoin market cap has hit a new all-time high, surpassing $60 billion for the first time. Artemis Analytics data shows USDC now has a 25.4% share of the stablecoin market, compared with 20.7% three months ago. But the digital dollar, which is issued by Circle, remains streets behind Tether. The total value of USDT currently stands at $144 billion—representing about 63% of this still-nascent sector. All of this comes against a backdrop of growing demand for stablecoins, not to men...

    NewsMarkets
    2 min read
    Connor Sephton
  • Tether coins. Source: Shutterstock

    Tether Engaging With 'Big 4' Accounting Firm on Independent Audit: Report

    Stablecoin giant Tether has said that it is in talks with a Big Four accounting firm to get independently audited, according to a report on Friday by Reuters.  The company—which is now based in El Salvador—has struggled to get a top accounting firm to independently audit what backs its stablecoin.  The company is "engaging" with one of the top firms, the firm's CEO Paolo Ardoino said, according to Reuters. The Big Four accounting firms are PwC, EY, Deloitte and KPMG.  Tether did not immediately...

    NewsLaw and Order
    2 min read
    Mat Di Salvo
  • Image: Shutterstock

    PancakeSwap CAKE Jumps 37% Amid Meme Coin Resurgence and Binance Tether Delisting

    PancakeSwap, a decentralized exchange on Binance Smart Chain, has the largest trading volume over the past 24 hours—beating even Ethereum-based competitor Uniswap. And according to CoinGecko, all that volume has sent the price of its CAKE token surging as much as 40% in the past day. This comes after Binance delisted Tether from its centralized exchange, prompting an increase in Tether volume on PancakeSwap, and an unrelated surge of interest in meme coins on Binance Smart Chain. CAKE is up 37%...

    NewsDeFi
    3 min read
    Ryan S. Gladwin
  • Bank of Thailand announces use of blockchain technology for government savings bonds. Image: Shutterstock

    Thailand Approves USDT, USDC for Trading On Crypto Exchanges

    Thailand’s Securities and Exchange Commission has approved Tether’s USDT and Circle’s USD Coin (USDC) for trading on digital asset exchanges—the latest sign that stablecoin adoption is accelerating globally.  The stablecoin pairs will become available for trading in Thailand on March 16, Thailand's Securities Commission said Monday in a statement.   “We are committed to supporting the long-term success and adoption of stablecoins in Thailand and look forward to contributing to the growth of the...

    NewsLaw and Order
    2 min read
    Liz Napolitano
  • FBI. Image: Shutterstock

    FBI Puts $10M Bounty on Ex-Olympian Who Allegedly Laundered Drug Money With Tether

    U.S authorities have slapped a $10 million bounty for the capture of Ryan Wedding, a former Canadian Olympic snowboarder, who faces serious allegations of running a transnational cocaine empire.  The Federal Bureau of Investigation (FBI) announced on Thursday that the Canadian is now added to the Ten Most Wanted Fugitives list in a desperate bid to catch him sooner. The U.S. Department of State’s Bureau of International Narcotics and Law Enforcement Affairs has offered a $10 million reward under...

    NewsLaw and Order
    3 min read
    Vismaya V
  • The US Secret Service. Image: Shutterstock.

    Russian Crypto Trading Platform Garantex Seized by Secret Service

    The U.S. Secret Service, with international law enforcement, seized and removed the website of Russian crypto exchange Garantex, citing alleged ties to sanctioned Russian banks and criminal groups. The Garantex homepage, which is now timing out, had previously said that the platform’s domain had been taken by the agency, which received a warrant from the U.S. Attorney’s Office for the Eastern District of Virginia. A spokesperson for the Secret Service, Nate Herring, said that the seizure was par...

    NewsLaw and Order
    2 min read
    James Rubin
  • India and cryptocurrency. Image: Shutterstock

    India Police Shut Down $2.4 Million Crypto Scam That Duped 2,000 Victims

    Police in India have uncovered a large-scale crypto fraud operation that duped over 2,000 victims and led to losses of $2.4 million. In a late-night operation on Sunday, Assam police said they have arrested three individuals in connection with the scam—Asadul Islam, Hashanur Zaman, and Kobad Ali Mollah—all accused of operating a fraudulent scheme under “RSN crypto.” The scam targeted residents in Assam and the neighboring state of Meghalaya, luring victims with promises of lucrative returns thro...

    NewsLaw and Order
    3 min read
    Vismaya V
  • Source: Shutterstock

    Binance to Delist Tether and Other Stablecoins for EEA Users, Due to MiCA Regulations

    Binance, the biggest centralized crypto exchange in the world, will delist nine stablecoins for those in the European Economic Area (EEA), including coins issued by Tether, as they are not compliant with the EU’s Markets in Crypto Assets (MiCA) regulations. Starting March 31, the assets affected will be USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC and PAXG, the crypto exchange said in an announcment. Binance will continue to allow anyone to withdraw or deposit these coins but encourages EEA use...

    NewsBusiness
    3 min read
    Ryan S. Gladwin
  • Image: Shutterstock

    South Korea Police Arrest Four Linked to Murder by Stabbing, Crypto Theft

    Police in South Korea have arrested four individuals in connection with the murder of a Chinese man in his thirties. Authorities say he had travelled to the island city of Jeju to complete a private crypto exchange. Police discovered the body of the victim, identified only as Mr. A, on Monday afternoon after an acquaintance of the man telephoned 112 because they were concerned that he had not heard from Mr. A. Mr. A was dead at the scene by the time officers from Jeju Western Police Station arri...

    NewsLaw and Order
    5 min read
    Simon Chandler
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