The exchange has related frozen assets and will allocate over 3 million USDT for an airdrop to eligible users who suffered losses. According to a press release published by cryptocurrency exchange OKX …
Crypto Traders Worried About Liquidity Thinning in Bitcoin and Ether
Liquidity refers to the ability of the market to absorb large buy and sell orders at stable prices. The commonly used metric for assessing liquidity conditions is 2% of market depth – a collection of …
Home invasion suspect caught with removed tether
Joseph Saunders to be removed from her Moll Street home. In their report, troopers stated they found Saunders at the home holding the electronic tether he had removed from his leg. Saunders was …
Now Visitors Can Sell USDT in Dubai in 2023 at SUID Crypto OTC in a Few Minutes
Sell USDT in Dubai has improved service quality to meet the high demand for crypto products. Now visitors can sell USDT (tether) in Dubai in a few minutes without any difficulty. Dubai has emerged as …
Platypus Finance Hacking Suspects Arrested By French Police: Here’s How They Were Identified
Decentralized finance protocol Platypus Finance (CRYPTO: PTP), which runs on Avalanche (CRYPTO: AVAX), has confirmed that two individuals suspected of hacking their system have been arrested by the …
US Drug Enforcement Agency Seized $1.8M From Binance in 2022
Binance and the Drug Enforcement Agency disrupted a pipeline that moved cash generated from selling narcotics in Michigan to Mexico via stablecoins.
MEXC Global publishes proof of reserves after month long testing
MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In a document seen by Cointelegraph, MEXC claimed its reserve ratios for Tether (USDT), USD Coin (USDC), Bitcoin …
DeFi Protocol Platypus to Repay at Least 63% of User Funds After $9M Hack
The Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for last week’s attack.
Here’s why Solana can reposition itself as an Ethereum-killer in 2023
The Ethereum-killer suffered a setback after the collapse of FTX exchange, founded by its most influential supporter, Samuel Bankman-Fried. Solana bulls could push SOL price to the bullish target at …
SEC Targets Stablecoins, Turning Up Heat on Crypto
The Securities and Exchange Commission targets Paxos stablecoin as it steps up efforts to crack down on crypto.
US crypto firm lists euro-backed stablecoin on Coinbase
The new token will be deployed on the Ethereum network and backed by euro-denominated reserves held by US regulated financial entities, such as San Diego-based Silvergate Bank.
Tether Emerges as Winner as Stablecoins Wobble Amid Uncertainty Over Binance USD Token
The immediate impact hasn’t been negative for the stablecoin market Tether added $1.9 billion to its market capitalization The developments around Binance’s stablecoin have also boosted trading …
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: A trend-surfers market
BTC/USDT 1-day chart The Bitcoin price is undoubtedly in a trend-defining situation. A daily candlestick close beneath the 21-day simple moving average will be the final confirmation for trend-surfing …
Stablecoins: USDC Held on Binance Jumps, Nansen Predicts USDT to Grow More
Legislation regulating stablecoins is on the way, but in the interim, regulators are taking a sterner approach to stablecoins as some perceive them as …
Crypto Analysts Scramble to Explain Bitcoin’s Pause Near $25K
Join the most important conversation in crypto and web3! Secure your seat today. Bitcoin’s (BTC) upswing has come to a screeching halt at a price level that proved to be a tough n …
Cryptoverse: Tether tightens grip on wobbling world of stablecoins
The world of stablecoins is suddenly looking shaky. Seismic shifts may be afoot in the $137 billion market after New York-based Paxos Trust Company, which mints Binance’s stablecoin, said it would …
Tether tightens grip on wobbling world of stablecoins
There’s way too much demand for dollar-based stablecoins for them to go away,” said Alex Miller, CEO at bitcoin developer network Hiro. Instead, rivals are vying to cash in on the woes of BUSD, the …
THE FUTURE OF TETHER: AN IN-DEPTH ANALYSIS OF ITS POTENTIAL IMPACT ON THE CRYPTO INDUSTRY
Introduction Tether (USDT) is one of the most prominent stablecoins in the cryptocurrency world. It is a token that is pegged to the US dollar, making it one of the few cryptocurrencies that are …
Stablecoins Are Critical For Mainstream Crypto Adoption
Even with the recent Securities and Exchange Commission (SEC) crackdown on cryptoassets – including stablecoins – the most logical and sensible path for mass crypto adoption remains via stablecoins.
Tether and Big Eyes in the Cryptocurrency Market
Though it may have been detrimental to some, this was actually the perfect opportunity for others to rise and take the spot that has now opened up – which is exactly what Tether (USDT) has done.
Stablecoins: The lifeblood of crypto
Despite the name, cryptocurrencies don’t tend to make for a good currency. They’re volatile, not always liquid, difficult to use and can suffer …