Discover and read the best of Twitter Threads about #Tether

Most recents (24)

1/上周 UST 爆雷之后,有很多朋友问我 USDT 是否安全,最近 #Tether 公布了 $USDT 2022 年Q1的审计报告,算是对市场上质疑的声音做了回应。如果这份报 告的数据真实可信,那么虽然 USDT 仍然存在没办法百分之百兑付的风险,但是 USDT 因为被挤兑而崩溃的概率是非常小的。
从这份报告中,我们可以看到 Tether 公司目前是资大于债的,即储备金价值大于发行稳定币市值。如下图所示,目前 Tether 公司持有资产价值约 824 亿美金,负债约为 822 亿美金(其中约 821 亿为 稳定币发行)
2/
尽管账面上,泰达的资产大于负债,但是泰达公司在给持有资产估值并没有考虑到流动性风险和违约风险,也没有为其做相应的预期信任损失准备金,在拆分了其资产构成后,其实这两类风险是无法完全避免的。
Read 9 tweets
Bu grafik #Tether arzını gösteriyor. Son 1 haftada 84 Milyar'dan 74 Milyar'a geldi. Tarihinde böyle bir yakım yok.

Bu ne anlama geliyor?

$usdt #bitcoin #kripto #altcoin
Öncelikle #Tether'in çalışma mantığını kavrayalım. Nasıl basılır, nasıl yakılır?

Kabaca cebindeki dolarları Tether şirketine teslim edersin ve karşılığında sana #Tether basıp verirler. Aynı şekilde Tether'ini götürdüğünde de sana nakitini verip aldığı Tether'leri yakarlar.
Tether şirketi ise her ne kadar topladığı sermayeyi nasıl değerlendirdiğini şeffaf şekilde açıklamasa da %10-20 gibi bir miktarını likit, kalanını ise likit olmayan varlıklarda değerlendirdiği tahmin ediliyor.
Read 10 tweets
Apparently still a lot of #Celsius customers think I’m evil and out to ruin their lives.

As I’ve said before, check my work. Prove me wrong, and I go away.

Calling me names, impugning my character, or questioning my motives will do nothing.

Engage with the evidence.
Fact 1: Alex Mashinsky has misrepresented much of his career.
- He didn’t invent VOIP
- Arbinet went public years after he was forced out as CEO. After IPO, the company was never profitable. Investors who HODL’d stock lost almost everything…

dirtybubblemedia.substack.com/p/a-pattern-of…
- His other ventures have been failures, unless you consider unprofitable companies based on derivative ideas a “success”

dirtybubblemedia.substack.com/p/a-pattern-of…
Read 16 tweets
yesterday I threw out an off the cuff question to @bitfinexed
How much of the redeemed #tether was used to recover and maintain its peg?

The obvious answer is whatever they had to.

I've spent a big chunk of today crunching data to see what answers I could come up with.
Last night I scratched out my hypothesis - to maintain its peg...#tether would need to tap its own cash...can only do that via redemptions and the 'tell' will be burning the tokens like they never existed.
Basis for this thinking is pretty simple. That's what they do when they need cash and lots of it. Remember back in 2018 #novogratz was swooning over the orderly redemption of $700m by #tether.
Read 19 tweets
$USDT lleva algunos días perdiendo por momentos el valor de 1$.

Creo que es un buen momento para recordaros a los que no lo leísteis, CÓMO FUNCIONA #TETHER y por qué es un SCAM.

Todos atentos, que va a ser rápido: 🧐🧵

0/10
Los tokens $USDT son emitidos por Tether Limited, una empresa privada y completamente centralizada.

Su funcionamiento es sencillo:

· Alguien paga 1$ a Tether Ltd, y esta emite 1 USDT.
· Alguien vende 1 USDT a Tether Ltd, y esta le paga un dólar y quema el USDT.

1/10
De esta manera, siempre está respaldado cada USDT por 1 dólar. Si hay 1M de USDT en circulación, hay 1M de dólares en las reservas de Tether Ltd.

Pero bueno, esto es sólo la teoría. Ahora vamos a ver la REALIDAD:

2/10
Read 15 tweets
🧵Transparency and Proof of Reserve of #Gold Backed Tokens

CACHE Gold $CGT (current) - explorer.cache.gold + @chainlink Proof of Reserve data.chain.link/ethereum/mainn…

PAX Gold $PAXG (43 days outdated) - 5 page "Attestation report" to cover $600+ million - paxos.com/attestations/
Tether Gold $XAUT (133 days outdated) - 4 page "Attestation report" covering more than $80 billion in assets, just a few paragraphs are dedicated to $XAUT the 246,524.33 ($450+ million USD) ounces of #gold #Tether claims to hold

tether.to/en/transparenc…
. @kinesismoney (534 days outdated) - #Kinesis promised to deliver audits twice per year but has failed to provide any audits for 534 days and counting. They have not provided any explanation for the lack of audits other than "#COVID" has prevented it.

kinesis.money/audits/
Read 7 tweets
Around 8:03 AM, #Tether tanked -99% to $0.0013 on CoinMarketCap, Bitfinex, and Binance, etc.

By 8:57 AM, they scrubbed the $USDT crash and pretended it never happened. Too bad I recorded it on the blockchain, where it will live forever. Image
This flash crash of $USDT by -99% just days after the collapse of Luna and UST shows how unstable 'stable coins' truly are.

We've been warning against them for months, and are finally being proved right. If you have stable coins, it's best to get out while you still can.
LUNA makes up around 0.98% of Bitcoin's volume, whereas USDT makes up over 79.2%.

The de-pegging and collapse of Tether will impact the markets a hundred times worse than Luna, and tank us far below my $10,000 targets.

Good Luck Everyone - Stay safe!
Read 3 tweets
Another thing to consider with $usdt is that #tether doesn’t disclose specifics about the commercial paper that substantially backs its “stablecoin. There have been unconfirmed reports that the Chinese real estate developer, Evergrande. (A thread 🧵):
In this tweet from 2021, @TheLastBearSta1 does a great job connecting the dots between #tether and #evergrande.
If it’s true that $usdt and #tether are tied to Evergrande, this could be problematic for the entire market. If $usdt needs liquidity and calls upon its biggest asset (the debt owed by Evergrande) and Evergrande can’t pay, it’s a valid conclusion that chaos would ensue.
Read 4 tweets
🇫🇷 {1/15} De nombreuses personnes ont été surprises par l'affaire " $UST ".

Je ne vais pas revenir dessus, d'autres le font déjà très bien.

Le secteur des cryptomonnaies connaît-t-il un « Black Swan » ?
🇫🇷 {2/15} Le dernier "Bullrun" des cryptomonnaies a vu l'émergence de nouveaux projets au marketing toujours plus poussé.

La guerre n'était pas à qui créait le plus de valeur mais à qui pouvait se montrer le plus et vendre du rêve.

C'est un copier-coller du passé.
🇫🇷 {3/15} Internet est un monde à part, tout est beaucoup plus rapide et un effet multiplicateur est très souvent appliqué par la masse donnant des mouvements exponentiels échappant parfois à leurs créateurs.
Read 15 tweets
Ein paar Worte zum aktuellen #Bitcoin Crash. Tl/dr: Bitcoin ist nicht tot, wird nicht sterben. Was passiert ist, und warum das nicht so schlecht ist, hier im 🧵👇
2/ Zunächst mal ist es dem #Bitcoin-Netzwerk ziemlich egal, wie hoch der Kurs steht. Nicht zensierbares und von Zentralbanken unabhängiges Geld wächst weiter. Tatsächlich verwechseln viele Journalisten und Politiker #Bitcoin mit #Crypto
3/ Im Bereich #crypto gibt es zahlreiche Projekte, die an der Grenze zum Scam operieren. Ob #Terra #Luna eines war, darüber lässt sich streiten. Auf jeden Fall ist es jetzt implodiert und das ist ein reinigendes Gewitter. open.spotify.com/episode/2NUREa…
Read 7 tweets
Resumen de #LUNA, la criptomoneda de la blockchain #Terra que se hundió y perdió el 99% de su valor cayendo desde una capitalización de mercado de $44 mil millones y un precio ATH por moneda de $119.5, a menos de $2 mil millones de capitalización y un precio $0.69? 😱

Hilo

1/23
Para que todos los que lean este hilo puedan entender lo que pasó con la criptomoneda #LUNA y porqué se hundió como el Titanic, primero debemos saber lo que son las monedas estables o Stablecoins, como se clasifican, para que fueron creadas y como funcionan:

2/23
¿Qué es una moneda estable o #Stablecoin?

Es una criptomoneda que se emite a través de una #blockchain y que tiene como garantía/colateral dinero FIAT, materias primas y/o otros instrumentos financieros. Esto con el propósito de mantener una paridad 1:1 con el dólar #USD.

3/23
Read 27 tweets
This looks interesting. I understand tether hasn't fully broken, but it is worth watching closely, considering. Image
Read 5 tweets
Bugün (30 Nisan) AYLIK kapanış mumlarımız gelecek..

Yüksek volatilitenin bir diğer sebebi de bu..

Gelin birlikte bu twit altında $BTC , $BTC.D , $OTHERS , $OTHERS.D , $USDT.D , $TOTAL , $TOTAL 2 M.Cap Grafiklerinin AYLIK durumlarına bir göz atalım..

Buyrun.. 👇👇👇👇👇
$BTC

Aylıkta çok enteresan bir noktada.. Aylık Ma21 seviyesi (38.850 $) altındayız. Bu seviye altı bir AYLIK mum satış baskısını ciddi derecede arttırır.

Ancak ay kapanışına kadar en azından 39k civarı gidebilirsek ve oralarda kapatabilirsek ve MAYIS mumu YEŞİL olursa yeni+++++ Image
bir dip teyit edilmiş olacak AYLIK'ta.

Bu yeni bir yükseliş için ilk POZİTİF emare olacaktır.
Baskı devam eder ve Ma21 altında kapatırsak muhtemelen bir sonraki seviye 34k civarı olacaktır.(bu rakam çok önemli)

Aylık kapanışa göre BTC'yi yeniden yorumlayacağım..

++++++++
Read 10 tweets
#Bitcoin ve #Tether dominans arasındaki ters korelasyonu bilmeyen arkadaşımız kalmadı artık.

Tether'de bulunan 24H saatlik talep alanında Bitcoin 2 kere dip oluşumu gösterdi.

32k ve 34k.

Bölge 28.800$ seviyelerinden 69.000$ seviyelerine götüren emir bloğu.

+
Fiyatın boğalar tarafından savunulduğu bir kale. Kırmızı alan ile işaretlediğimiz kutu ise ayılar tarafından savunulan satış bloğu ve aynı zamanda yıllık seviye.

45k ve 48k.
#Tether dominasyonu 2018 yılından beri makroda yüksek dip ve tepeler yapıyor.

Benzer bir senaryo gerçekleşmesi halinde, 5.50 ve 6 seviyeler kripto market adına bir dip olacaktır.

Yakından takip edilmesi gereken analizlerden biri.
Read 3 tweets
🧵The European Central Bank (ECB) wants to get crypto regulations going because of financial stability concerns. Tether and Bitcoin are in its crosshairs.

ecb.europa.eu/press/key/date…

#Tether #Cryptocurrencynews 1/6
It specifically mentioned Tether, and is concerned in case of "large scale sales of these assets" that could "generate instability throughout the commercial paper market." 2/6
Along with KYC and anti-money laundering requirements, it recommends greater disclosure of reserve assets backing Stablecoins. Hint: Tether. 3/6
Read 7 tweets
تقرير الربع الاول من سنة 2022 من منصة
#CoinGecko
#BTC #ETH #BNB #Terra #Avalanche #XRP #Solana
coingecko.com/buzz/q1-2022-c…
@coingecko
استمرت العملات الثلاثين الأولى في النزف منذ أن وصلت إلى أعلى مستوياتها على الإطلاق في نوفمبر 2021. وبحلول الوقت الذي وصلت فيه إلى القاع في 23 يناير ، تراجعت أكثر من 1 تريليون دولار في القيمة السوقية من ذروتها ، وأغلقت الربع عند مستوى جيد كثيرًا حيث بدأت عند 1.9 تريليون دولار
ظلت الحصة النسبية لأفضل 30 عملة في السوق متشابهة إلى حد كبير ، حيث بلغت #BTC 47٪ و #Etherum عند 21.4٪.
فيما يلي أبرز 5 نقاط للربع الأول من عام 2022
Read 13 tweets
I've updated the #tether attestation #googlesheets analysis. A few changes including fixing a glaring error 😳 #commercialpaper analysis h/t to @accountantInc catching the mistake. Document consolidates all reported quarters to date >>> bit.ly/3Kzkjz2
The #tether #commercialpaper section has been expanded/updated to show not just the net changes but the new issues/rollovers etc....
The purpose of the #commercialpaper analysis was to highlight that the reported $6.4B reduction in CP was only half the story....and it kinda shits me that the numbers are just trumpeted by most news as is...
Read 11 tweets
Have been working through $CEL #celsiusnetwork's $750m Series B round. Will share #googlesheets file tomorrow. Here's a preview.
3 Dec 2021 #Celsius resolved to issue up-to 36,930 Series B shares at a price of US$20,469 per share. As at 2 Feb 2022 total of 32,182 Series B shares had been issued. I'm presuming #bnktothefuture will have closed out the balance. Image
The #Celsius Cap table (as at 2 Feb) with pre/post money for each issue. Image
Read 9 tweets
El proyecto RGB me emociona por la parte de los Smart Contract interactuando con #Bitcoin pero no me atrae en lo absoluto por el hecho de emitir una stablecoin #Tether sobre LN. Entiendo que los inversores en RGB han querido que la stablecoin sea prioridad en desarrollo. (1/2)
Pregunta ¿necesitamos en #Bitcoin una unidad de cuenta estable para transaccionar? yo diría que NO.
Las establecoin a mi punto de vista, han chupado sangre por 2 cosas.
1- Aprovecharon la ola y ser puente entre FIAT y Critpo
2- Se han aprovechado de la volatilidad (1.5/2)
#Tether sobre Lightning Network ⚡️¿en que ayudaría? algunos dicen: crear mayor adopción de #BTC yo no lo veo así, en la medida en que los gobiernos saquen sus monedas digitales centralizadas, las stablecoin podrían tender a dejar de tener sentido. (1.8/2)
Read 4 tweets
Dado el Road Map hecho publico por @rgb y la posibilidad de emitir una stablecoin basada en Lightningt Netowork y la noticia de @Synonym_to sobre #Tether stablecoin operando en ⚡️Lightning channel!
Dejo unos datos sobre #Tether Hilo 🧵 Image
🧵Nombre: Tether
Símbolo: USDT
Link en CriptoMercados: USDT
Función: Dinero digital, moneda digital estable
Creador/es y desarrollador/es: Idea original de J.R Willett, desarrollo posterior a cargo de Brock Pierce y Craig Sellars. Denominación actual por Reeve Collins
🧵Organización responsable: Tether Limited Company
Fecha de lanzamiento: 2015
Tipo de emisión: Sin límite definido
Blockchain en las que opera: Algorand, Ethereum, EOS, Liquid Network, Omni, OMG Network y Tron.
Moneda relacionada: dólar estadounidense
Read 8 tweets
So finally got around to plugging in #tether's Dec 2021 attestation numbers. So their non-token debt is now up to 57m which means their net assets are down to $137m imagine having 80Billion in assets and still having to borrow money each quarter to fund operations.... Image
oh and the increase in debt between quarters is $41m which just happens to be the fine #tether copped.
tomorrow i'll publish the link to the financials.
Read 9 tweets
Amid the tragedy of war, the crypto ecosystem has served as a critical lifeline for Ukraine and its citizens.

In just under two weeks, donors have sent >$45M in crypto to Ukrainian-government controlled wallets for relief and supplies.

from @kylewaters_ & @natemaddrey
⬇️
As of Monday, March 7th 19:00 UTC, Ukraine had received $18M of $ETH, $10M $BTC, $7M $DOT, and $10M of USD stablecoins composed of Tether, USDC, and DAI.

This flow chart shows the breakdown of total funds sent to Ukraine's addresses. Image
Most contributions have been sent using the largest crypto assets, BTC and ETH.

But other crypto assets and dollar-backed stablecoins have been used. Even blue-chip NFTs have been sent including 1 of the 10K CryptoPunks, worth ~$150K.

Read 11 tweets
There are already synthetic stablecoins on the #LightningNetwork today ⚡

A thread 🧵 on what they are, how they are created, and who uses them.

👇

The following is not investment advice, it's purely an educational overview. Do your own research.
What is a stablecoin?

A stablecoin is a cryptocurrency that aims to maintain 1:1 price parity with an external reference. USD stablecoins, for example, try to maintain the value near $1.
Why do stablecoins matter?

Through their 1:1 peg, stablecoins are effectively low volatility cryptocurrencies that can be sent fast. They're especially useful for businesses or people with fiat-denominated costs or those who can't tolerate Bitcoin's volatility.
Read 19 tweets
1 #Tether today announced an agreement with #Switzerland Canton #Ticino City of #Lugano "to transform Lugano into the European #bitcoin capital". A press conference will be held March 3rd, 2022 to show "#Lugano's plan B". #Bitfinex and Tether CTO Paolo #Ardoino will attend.
2 Since May 5th, 2017, Giancarlo #Devasini, #Bitfinex and #Tether #CFO, established in #Lugano his Smart Property Solutions SA company, whose aim was to release #crypto, #stablecoin, store and manage money, precious metals, art pieces, certificates and value documents.
3 Smart Property Solutions SA was headquartered c/o another company, #DataNest SA. Back in 2005, was Data Nest moved c/o Camponovo Asset Management. In 2006 Oliver #Camponovo was chairman, manager, shareholder of Data Nest Sa. In 2008 Camponovo left his managing role in Data Nest
Read 12 tweets

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