In a note to the Poly Network team, the attacker referred to the saga as "one of the most wild adventures in our lives."
The changing trading patterns in USDT might be the result of China's recent crackdown on cryptocurrency mining and trading.
Since the end of May, tether's growth has gone completely flat.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.
The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.
Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.
Here are three reasons why the stablecoin's tremendous growth has screeched to a halt.
The new composition report is part of Tether’s efforts to stay in compliance with a settlement with the New York Attorney General.
The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
It’s slated to become the first stablecoin to launch on Polkadot.
Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.