Tron is Eating into Ethereum’s Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival
Source: Adobe/sdx15 Tron is much cheaper to use than Ethereum and tends to handle many more transactions per day. Layer 2 platforms will outcompete Tron because they boast several advantages…
Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
Source: AdobeStock / denys_kuvaiev A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers….
Are Hedge Funds Planning USDT Dump? Tether CTO Responds To Rumors
The Chief Technology Officer at Tether, Paolo Ardoino today addressed what he called “open and coordinated” attacks by some hedge funds on USDT. This, he explained, is being done in…
Inverse Finance exploited again for $1.2M in flashloan oracle attack
Just two months after losing $15.6 million in a price oracle manipulation exploit, Inverse Finance has again been hit with a flash loan exploit that saw the attackers make off…
USDD vs UST: Is Justin Sun’s New Stablecoin Just a Clone of UST?
Source: AdobeStock / Jason Bennee UST, a stablecoin that’s supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD…
Breaking: Stablecoin Tether ($USDT) Reveals Reserves Fully Backed In New Report
Stablecoin firm Tether Holdings Limited has come out to allay fears of a possible USD/USDT decline after the stablecoin lost its peg to the US dollar last week amid $UST…
“We are not the same” – Tether, USDC and MakerDAO distance themselves from Terra’s failed UST stablecoin
Tether’s CTO believes that some projects are using the name stablecoin but are stable only in name, hence calling for some distinction between the different types of stablecoins. An exec…
USDT vs. USDC vs. UST: How Do They Compare?
Source: Adobe/sonsedskaya Stablecoins are taking an increasingly growing market share of the overall crypto markets as the demand for digital dollars continues to rise among crypto investors. Read on to…