Two transactions converted treasury tokens and liquidity positions, while a third pulled 550,000 X from a Uniswap pool. The Ethereum attack remained ongoing.
The amount exceeds two earlier hourly net outflows: 46.7223 million USDT on Oct. 16 and 32.7362 million USDT on Oct. 18.
Tether's MDK initiative could revolutionize Bitcoin mining by fostering interoperability and automation, potentially reshaping industry standards. Tether's mining development kit gets backing from 15 mining firms.
Tether faces US Senate scrutiny over multimillion-dollar payments to a consulting firm co-owned by a former White House crypto adviser. On Oct.
CoinDCX acknowledged losses after a process for securing deposits to retired addresses failed.
Sen. Richard Blumenthal (D-Conn.) has launched an investigation into Tether's reported multimillion-dollar payments to a consulting firm co-owned by former White House cryptocurrency adviser Bo Hines, raising concerns about potential conflicts of interest and violations of federal ethics and lobbying laws. Senator Blumenthal Seeks Answers From Tether In an Oct.
Tether has blacklisted USDT wallets linked to CoinDCX outflows. Explore what the action means, the key facts to verify, and its market implications.
Stock perpetuals accounted for 56.491 billion USDT, compared with 1.447 billion USDT in spot trading. SNDK, SOXL and SPCX were the most popular tickers.
Sen. Blumenthal said he wants answers from Tether following reports that it paid millions to a firm started by a former WH crypto adviser.
Sen. Richard Blumenthal asked Tether CEO Paolo Ardoino to provide records by Nov. 3 on payments to Nxum, a firm co-founded by Bo Hines, citing a WSJ report.
The senator seeks details from Tether and Nxum Group about millions of dollars in consulting payments made while Hines advised the White House on crypto policy.
The ranking member of the Senate's investigations subcommittee gave Tether and Nxum until early November to turn over contracts, payment details and messages tied to the firm co-founded by Tether's U.S. chief.