Data has revealed this week’s $100 billion bitcoin, ethereum and crypto price boom could have been triggered by institutional investors pouring over $1.5 billion into the crypto …
The Bank of Japan to launch its CBDC pilot before May
The pilot test will continue the work on the technical feasibility of “digital yen” and extend the experiment to the modeling of a CBDC ecosystem with the participation of private companies.
Tether’s USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
Tether’s USDT, the largest stablecoin by circulating supply, has gained some $1 billion in market capitalization as crypto investors flee rival …
Tether’s USDT Gets $1 Billion in 24 Hours as US Regulators Crack Down on Crypto
The regulatory crackdown on cryptocurrencies is proving a boon for a token that’s located outside the US and being scrutinized over the transparency of its reserves.Most Read from BloombergNew Cars …
Binance Investors Withdraw Cash, Move To Tether In Stablecoin Shakeup
Paxos’ pressured departure from U.S. BUSD business is spurring shifts. Some large investors appear to be moving money off Binance, while others are taking up positions in tether (USDT) …
Researcher exposes crypto scam network exploiting YouTube
A massive network of fake YouTube videos promoted by automated sock puppet accounts is reeling in hundreds of cryptocurrency enthusiasts and persuading them to hand over their money, WithSecure …
Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
And while that seems logical, the evidence so far points to the opposite. Investors appear to be moving out of BUSD and its peers, USDC and DAI, and into tether (USDT), the world’s largest centralized …
Crypto-currency scam uses thousands of YouTube videos to connect with victims
WithSecure researchers discover a network of videos, channels and fraudulent web apps that manipulate users into joining crypto-currency investment scams.
Cuprum Coin plans to launch its own crypto exchange CUCeX.
CUC/USDT has been trading on the WhiteBIT exchange at 2.50 to 3.50 USDT for the past few months and is certainly a great long-term investment opportunity.
Wall Street Giant Cantor Fitzgerald Is Managing $39B of Tether’s Bonds
A Friday report revealed that a large portion of Tether’s bond portfolio is managed by one of the major Wall Street firms—Cantor Fitzgerald. The privately-held firm headed by Howard Lutnick is best …
Binance USD’s $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry
Binance CEO Changpeng Zhao wrote Monday in a tweet that “BUSD market cap will only decrease over time.” USDT is the largest stablecoin, with some $69 billion outstanding, followed by USDC at $41 …
Stablecoin Issuers May Be Crypto Industry’s Achilles’ Heel
Market cap of USDT, USDC and BUSD as a percentage of Ethereum’s total market cap The raison d’etre of many cryptocurrency firms is to decentralize finance by reducing dependency on institutional …
Selling USDT in Dubai is Now Easier in 2023 at SUID Crypto OTC
Dubai, United Arab Emirates–(Newsfile Corp. – February 13, 2023) – SUID (Sell USDT in Dubai) cryptocurrency OTC desk in Dubai will continue to enable visitors to sell Tether in Dubai in 2023. As per …
BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens
Tether is the world’s largest dollar-pegged stablecoin by market value. The de-pegging to the lowest level in over a year happened after the New York Department of Financial Services ordered Paxos …
Five altcoins above 200-day MA that could explode soon, ranked best to worst
TRX/USDT 1-day chart Enjin Coin price action also resembles TRON as it has not only moved above the 200-day SMA but is also actively signaling a hidden bullish divergence. So far, ENJ has rallied 130% …
Billions Of Tether’s Reserves Were Stored At Cantor Fitzgerald, Capital Union And Ansbacher
The stablecoin was designed to be pegged to the U.S. dollar, meaning the price of one Tether (USDT) should equal roughly $1 with little volatility compared to the dramatic price swings of bitcoin or …
Stablecoin Issuer Tether’s Reserves Partly Managed by Cantor Fitzgerald: WSJ
The Wall Street bond trading powerhouse is managing Tether’s $39 billion bond portfolio, according to the report.
Tether’s Attempt to Block CoinDesk’s Request for Stablecoin Reserve Records Dismissed by New York Court
A New York judge on Friday rejected an attempt by iFinex and related companies, which include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk’s request for information …
Longmeadow woman falls victim to crypto scheme through dating app
“Once I sent the funds from my bank institution to Crypto, I then bought USDT and transferred the funds into Bitpie. They explained to me how to perform the transactions and I increased my funds to …
Tether Reports $700M Profit Boost, Zero Commercial Paper In 2022
Tether Holdings Limited, the company behind the popular stablecoin USDT (CRYPTO: USDT) reported a net profit of more than $700 million in the last quarter of 2022, according to its latest Consolidated …
Tether Flaunts $700M Q4 2022 Net Profit Despite Troublesome Crypto Winter
“We are proud of how Tether has continued to be a driving force in rebuilding trust within the crypto industry, and we are determined to continue to set a positive example for our peers and …