Circle, the issuer of the USD Coin (USDC) stablecoin, and Tether, which issues the USDT stablecoin, have taken action to freeze a cryptocurrency wallet linked to a recent large-scale theft from the Bitget exchange.
Reports mentioning Tether
Whitehat hackers have returned 3,400 of the 4,000 bitcoin (BTC) that were illicitly obtained from the Liquid Network on Sunday, November 19, 2023. This represents approximately 85% of the stolen funds, valued at roughly $130 million USD at the time…
A new report has identified a significant security vulnerability within the reserve management of Tether's USDT stablecoin, which could potentially allow hackers to gain control of approximately $91 billion in assets.
Decentralized finance platform Garden Finance disabled its application on March 12, 2024, after a security exploit resulted in the loss of approximately $450,000 in Tether (USDT). The exploit targeted Garden Finance's Hash Time Locked Contracts (HTLCs) across multiple blockchain networks…
Tether announced its investment in Mercado Bitcoin this week, a move aimed at expanding tokenized finance throughout Latin America. This strategic investment underscores Tether's commitment to bolstering blockchain-based financial infrastructure within the region.
NEURA, a German humanoid robotics company, secured $1.4 billion in Series C funding led by Tether, the issuer of the USDT stablecoin. The investment round also saw participation from Nvidia and Amazon, signaling significant backing from major tech and finance…