The proposal is aimed at creating a legal defense fund that is to contain $3 million in USDT. Sushi Subpoenaed by the SEC, Wants to Create Legal Defense Fund On Tuesday, March 21st, Sushi’s “Head Chef …
Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say
The often-controversial tether (USDT) stablecoins emerged as the best bet for traders looking for a stable haven earlier this month following a series of banking troubles in the U.S. The USD coin …
Immigration officers suspended, named in crypto extortion case
Arrest warrants have been issued for the four immigration police officers, who are accused of the abduction of a Chinese man and a Thai woman and extortion of 30,000 USDT, the tether stablecoin pegged …
Sushi DAO faces subpoena from SEC, calls for $3 million USDT legal fund
Sushi DAO CEO proposes to establish a legal fund in USDT to cover the attorney’s fees for core contributors. The Securities and Exchange Commission (SEC) served the DEX and its CEO Jared Grey with a …
Sushi DAO, Key Contributor Served With SEC Subpoena
The proposal recommends making $3 million in tether (USDT) available for core contributors, with another $1 million worth of USDT available in case the initial $3 million are used up. “We’re …
OKX Issues Fifth Proof of Reserves Report With $8.9 Billion Balance
Global cryptocurrency exchange OKX released its fifth proof-of-reserves (PoR) report, following broader efforts to increase transparency across the industry. The report showed that OKX holds $8.9 …
Bybit and Paradigm Unite to Launch USDT Margined Delta-1 Spreads
Bybit, the third most visited crypto exchange, is proud to launch spreads trading on USDT-margined instruments in conjunction with Paradigm, the fastest growing crypto derivatives trading platform.
Next Cryptocurrency to Explode in 2023 – Which Tokens Will Blow Up?
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11 Best Altcoins to Invest in 2023 – Top New Altcoins
Explore this market analysis to uncover the best altcoins for investment this year. Dive in to learn about the leading altcoins!
SVB Collapse Exposes Stablecoin Cracks, Regulation Likely For $100 Billion Industry
Circle’s USD Coin ballooned to $55 billion because institutional investors trust it more than Tether. Then SVB collapsed holding billions of USDC’s reserves and breaking the digital dollar. Finally, …
ISIS-Affiliated Financial Networks Double Down on Efforts to Exfiltrate Loyalists, Particularly Young Boys, from Camp Al-Hol
Some prominent pro-IS Russian crowdfunding networks on Telegram that after a period of hiatus resurfaced in late November 2022.
These five cryptocurrencies may continue to surprise to the upside
If this level gives way, the pair may continue its uptrend. Alternatively, if the price turns down and breaks below 20-EMA, it will suggest that the short-term bulls may be booking profits on rallies.
These 5 cryptocurrencies may continue to surprise to the upside
BTC/USDT daily chart. Source: TradingView The rising 20-day exponential moving average ($24,088) and the relative strength index (RSI) in the overbought territory indicate advantage to buyers. If the …
Bybit Reports Surge in Trading Volume Amidst USDC Volatility
Bybit’s perpetual market saw the daily trading volume of the USDC/USDT pair exceeding $380 million, and the annualized funding rate reaching as high as 740%. Bybit’s success is a testament to its …
Altcoin narrative for next week as Bitcoin price shows exhaustion signs
This has caused capital to flow mostly into BTC and stablecoins like Tether (USDT) and True USD (TUSD) since they’re relatively more stable as compared to altcoins. However, this narrative could …
USD Coin vs Tether: A quick comparison of the top two stablecoins in the market
USDT and USDC have emerged as the leading stablecoins in the market. They are leagues ahead of the other players in the space in terms of adoption, usage and market share. But what are these …
Ample NeuroNet Announces Exclusive Mining for BNB, BUSD, and USDT
Berlin, Germany, March 17, 2023 (GLOBE NEWSWIRE) — Ample NeuroNet, a neural network for DeFi cryptocurrency trading based on NeuroNet GPT, has announced exclusive mining for BNB, BUSD, and USDT at …
Bitcoin and Ethereum: Crypto markets hold strong amid market chaos
The benchmark cryptocurrency has been a true benefactor of the market chaos following Silicon Valley Bank’s collapse- over the seven-day period, BTC/USDT has shot up over 30% Given its exceptional …
Stablz Launches Cannavest pools, with 30% APR on USDT deposits!
San Francisco, CA, March 16, 2023 (GLOBE NEWSWIRE) — Stablz, a cutting-edge yield capturing protocol, has announced the launch of its new Cannavest pools, offering an enticing 30% APR on USDT …
Tether’s Stablecoin Market Cap Now Double USDC After SVB Chaos
Tether’s stablecoin market capitalization swelled to nearly $75 billion on Thursday morning, its highest level since May 2022, data from CoinGecko shows. USDT’s market cap is now almost twice as much …
Russian Brokers Offer Cash-For-Stablecoin Transactions Via USDT Despite SWIFT Sanctions
Brokers now offer over-the-counter (OTC) services to convert Russian rubles into foreign currency, in cash, through stablecoin (USDT) transactions. According to the Russian branch of Transparency …