Tether (USDT)
Euro-Pegged Stablecoins Surge as Europe Eyes Crypto Expansion
Kaiko data reveals that crypto trading is experiencing increased adoption in the European market. Since the beginning of the year, the volume of Euro-backed stablecoins has grown, signaling increased adoption...
Binance Adds IONET (IO) to Launchpool, Expanding AI Offerings
Binance, the world’s largest cryptocurrency exchange, has announced its 55th Launchpool project, IONET (IO). Users can now farm IO, the native token of this decentralized AI computing and cloud platform,...
Tether Co-Founder Returns to Hong Kong With His New Business: Report
Brock Pierce has recently shared insights on his potential return to Hong Kong with his new business. Though Pierce stated that he had conversations with Hong Kong’s authorities, he did...
Binance Moves $72M in USDT as Aliniex Adds TON Chain USDT Support
In a significant development within the cryptosphere, a staggering 72 million USDT (equivalent to $71,968,932) has been transferred from Binance to the Tether Treasury, as tracked by Whale Alert. This...
Political Backing Fuels TRUMP Token Surge: Investor Insights
TRUMP’s price surged to an all-time high today, driven by significant investments and political endorsements. According to Lookonchain, an investor recently withdrew 1.16 million USDT from Binance and invested 1.15...
Crypto’s Role in Geopolitics: How Tether Aids Russia Under Sanctions
Russia’s two biggest unsanctioned metal producers have begun conducting cross-border transactions with Chinese suppliers and clients using Tether USDT stablecoin in a calculated attempt to evade possible secondary sanctions from...
AUSD Launch: How Agora Aims to Revolutionize Stablecoins
Nick van Eck, the CEO of the stablecoin issuer firm Agora, recently shared insights on “yield-bearing stablecoins,” stating that they are “not money or stablecoins.” To be clearer, van Eck...
Crypto Market Turbulence Fuels Stablecoin Adoption
Amidst the recent turbulence in the cryptocurrency market, the increasing number of non-empty stablecoin wallets provides a glimmer of hope for investors. As highlighted by Santiment, a top analytic firm,...
Stablecoin Showdown: Tether vs. EU Regulations
Kraken, a major cryptocurrency exchange, is contemplating the delisting of Tether’s USDT stablecoin from its European platform in response to upcoming regulations from the European Union. Marcus Hughes, Kraken’s global...
Underground Bank Network Targeting National Security Shut Down in China
Authorities in Chengdu, China, dismantled a large-scale underground bank operation in a months-long investigation, dealing a significant blow to illegal financial activity in the region. The investigation, which uncovered a...
Hong Kong Crypto Customer Scammed in Alleged HK$1M ‘Hell Money’ Scheme
According to reports by the Hong Kong Police Force (HKPF), three employees of a crypto exchange shop in Tsim Sha Tsui have been detained following allegations of a cryptocurrency scam. ...
I wasn’t attacking Tether,’ Ripple CEO Clarifies Statement on USDT
Tether chief executive Paolo Ardoino recently took to social media platform X to highlight the statement on USDT given by Ripple CEO Brad Garlinghouse in an interview, calling him an...
Tether Freezes 5.2M USDT On 12 ETH Addresses
Tether, the firm associated with the world’s largest stablecoin by market capitalization, froze 5.2 million USDT on May 14 as per the data from MistTrack, a crypto tracking and compliance...
OKX Becomes the Largest Crypto Exchange Offering AUD Services
OKX, the second largest crypto exchange by trading volume, has announced the launch of its spots and derivatives crypto trading platform in Australia. With its efforts to expand its services...
USDT-TON Hits $200M Circulation in Less Than a Month
USDt-TON has hit an adoption milestone, hitting a circulation of $200 million within a month of issuance. This growth sets a new record for the fastest token circulation in Tether’s...
Tether Attacks Ripple CEO Over USDt FUD, Calls Him “Uninformed CEO”
Paolo Ardoino, the CEO of prominent stablecoin issuer Tether (USDt), has fired back at the critical remarks of Ripple CEO Brad Garlinghouse. For context, Garlinghouse recently asserted that the U.S....
US Administration is Targeting Stablecoin USDT: Brad Garlinghouse
The chief executive of American blockchain payments firm Ripple, Brad Garlinghouse, stated recently that the United States government, under the leadership of President Joe Biden, is going after Tether, the...
Only 14% of Stablecoins Survive, Says Deutsche Bank Research Report
In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...
Heir to Cartier Apprehended for Laundering Money Using USDT
The United States Justice Department (DoJ) has made a significant arrest, charging Maximilien de Hoop Cartier, an heir to the Cartier jewelry empire, with conspiring to launder proceeds from drug...
There is “A Lot of Noise” in the Widespread Stablecoin Data – Visa
According to Cuy Sheffield, Head of Crypto at Visa, his company has created an Onchain Analytics Dashboard that aims to provide accurate information about the growth of stablecoins. Sheffield made...
Tether Sets New Record With $4.52 Billion Net Profit in Q1 2024
Tether, the world’s leading stablecoin issuer, has reported a record-breaking return for Q1 2024. In a recently published Q1 2024 attestation report, the firm noted that its net profit hit...
Ripple Makes Waves With USDT Transition for ODL Services
Recent disclosures have revealed substantial changes within Ripple’s blockchain payment protocol in response to Bill Morgan’s concerns about the SEC legal battle and Ripple’s On-Demand Liquidity (ODL) operations. Ripple has...
The SEC Lawsuit Forced Ripple to Replace XRP With USDT As Bridge Currency
A renowned blockchain analyst identified as Crypto Eri on X has highlighted Ripple’s use of the USDT stablecoin as the bridge currency in ODL transactions. According to Crypto Eri, the...
Venezuela Boosts Cryptocurrency Use in Oil Trades Amid Sanctions
Amid tightening U.S. sanctions, Venezuela’s state-owned oil company, PDVSA, is escalating its shift towards cryptocurrency for oil transactions as reported by Reuters. Consequently, the company now requires new customers to...
Tether Makes Waves on TON Network with Seamless Payments Guaranteed
Tether, the renowned stablecoin issuer, has rapidly expanded its footprint into The Open Network (TON), issuing a substantial $60 million worth of USDT since its integration on April 19. This...
