Tether Freezes Over 4.5M USDT Linked to Mercado Bitcoin Incident
Paolo Ardoino says Tether froze more than 4.5 million USDT tied to Mercado Bitcoin’s security incident, as the exchange works to restore operations.
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CoinDesk traced roughly 18,270 stolen BTC into 19 addresses, highlighting why Bitcoin recovery differs from issuer freezes of stolen stablecoins.
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
CZ says Binance losses may be higher than an analyst’s $1 billion estimate and will be covered; the final amount and funding details remain undisclosed.
Tether CEO Paolo Ardoino confirms more than $1.567 billion in USDT frozen in connection with a potential Binance hack, exceeding the earlier estimate.
Tree News reports a $971 million USDT freeze amid suspected Binance wallet compromise; the breach and total losses remain unconfirmed.
Tether and industry partners launch the Swiss nonprofit FASE Foundation, targeting scam prevention, trafficking-survivor support and stablecoin aid.
Paolo Ardoino puts Tether’s Bitcoin holdings at roughly 150,000 BTC in an October keynote, without disclosing a new purchase or a detailed reserve breakdown.
Paolo Ardoino attributes a 94% drop in Iran-linked stablecoin volume to Tether’s freezes, but his post gives no calculation period or supporting dataset.
Tether’s QVAC TranscribePsy brings local speech recognition to phones and other devices, with open model builds and limits behind its headline speed test.
Tether paid about $6.3 million to Nxum, co-owned by former Trump crypto adviser Bo Hines, WSJ reports. Nxum denies improper involvement during his service.
7 October 2026 – Tether, the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the National Bank of Kazakhstan…
Tether, Kazakhstan’s central bank and Alatau City Authority will study a tenge stablecoin and prepare an asset-tokenization pilot, potentially using Hadron.