Tether is expanding its reach by launching its US dollar-pegged stablecoin, USDT, on the Aptos blockchain. Announced on August 19, 2024, this move introduces the USD₮...
Tether recorded a profit of $2.85 billion in the fourth quarter of 2023 according to a recent report. Tether Holdings Limited, the issuer of the stablecoin...
Tether, the world’s largest stablecoin issuer, has frozen addresses linked to terrorist activity in Israel and Ukraine. The addresses contained a total of $873,000 USDT. Tether...
The plaintiff, Mr. Ming, might not be able to recover his 80,000 Tether (USDT) loan through the courts due to the borrower’s failure to make repayments....
Tether, the firm behind the top-ranked stablecoin by market cap (USDT), made an early announcement naming Paolo Ardoino, Bitfinex CTO, as its new Chief Executive Officer....
On October 10, Bloomberg News reported that iFinex Inc., the parent company of the cryptocurrency exchange Bitfinex, proposed a $150 million share buyback. iFinex may be...
Conor Grogan, a director at Coinbase, has drawn attention to on-chain data that reveals significant Tether (USDT) mints, which Alameda Research, reportedly led by Sam Bankman-Fried,...
USDC expands to Polkadot Asset Hub with Circle’s launch USD Coin(USDC), the second-largest stablecoin by market capitalization, has now launched on the Polkadot blockchain network, continuing...
Stablecoins have become an integral part of the cryptocurrency market, offering a distinct advantage of stability in an otherwise volatile ecosystem. Examining the performance of Vietnam’s...
Circle CEO Jeremy Allaire noted that countries outside the United States account for about 70% of USD Coin (USDC) adoption. Addressing his X(Twitter) followers, Allaire emphasized...
A Singaporean High Court has ruled that crypto assets have legal recognition as property. This landmark verdict, highlighted in the case of ByBit Fintech Limited vs....
In an effort to alleviate the mounting apprehension surrounding the June 3rd event, Atomic Wallet proactively utilized Twitter to confront the situation head-on and issue an...
Tether (USDT), the largest stablecoin by market capitalization, has announced that it will launch on the Cosmos Ecosystem on July 3rd. This is a significant milestone...
Tether, the creator of stablecoin — USDT has achieved a significant milestone by surpassing its previous all-time market cap high of $83.2 billion, which was set...
The stablecoin economy experienced a deep loss in the first three months of 2023. Findings from Coingecko revealed that in Q1, stablecoins lost $6.2 billion. The...
Stablecoins are digital currencies that are designed to manage the volatility of cryptos. Because they are pegged to a more stable asset, their value is preserved...
The US-based cryptocurrency exchange Coinbase has asked that its users convert their Tether-issued USDT to USDC. In reaction to the recent happenings, the exchange believes USD...
Audit firm Mazars has completed a verification exercise on Binance’s bitcoin reserves. According to a Dec. 7 report, Mazars found that the leading crypto exchange held...
Leading cryptocurrency exchange, Binance has published its reserves balances, including cold and hot wallets. According to a Binance blog post, the declaration is proof of its...
