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Tether (USDT)

USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 Weeks

USDT Stablecoin Supply on TON Blockchain Hits 130 Million in 2 WeeksSince the introduction of USDT on the TON blockchain, the supply of this stablecoin has grown by over 70 million within just two weeks, totaling 130 million. While USDT operates across multiple blockchains, its presence on TON has positioned it as the eighth largest in terms of circulating supply. TON Blockchain Sees 70 Million Increase […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports

Scammers Trick Crypto Users With Faked USDT Balances, Slowmist ReportsSlowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Tether Expands to TON Blockchain With $60M USDT Launch

Tether Expands to TON Blockchain With M USDT LaunchTether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration also introduced the gold-pegged Tether Gold (XAUT) stablecoin on TON, with cross-border payments touted as free, […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering OperationHong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large transactions in accounts with no clear financial backgrounds. The suspects, who did not know each other, allegedly […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was linked to illicit activity last year, with $19.3 billion worth of USDT used in illegal transactional flows. TRM Labs […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Stablecoin Economy Sheds Another $3 Billion in 44 Days

Stablecoin Economy Sheds Another  Billion in 44 DaysThe stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD valuation shed 7.2% over the last month […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg

The Stablecoin Economy Shed  Billion in 2022 After a Handful of Tokens Lost Their  Peg2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23 days as BUSD shed roughly 23.3% during the last month. Over $3 Billion in […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse

2022’s Market Review: Crypto Economy Loses .4T, Top 10 Token Knockouts, Terra’s Collapse2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it has lost more than 63% in value year-to-date, while the second leading crypto asset ethereum shed 69% against […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’

Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam Bankman Fried’s (SBF) Alameda Research was trying to “depeg stablecoins.” Purportedly, high-up executives from crypto exchanges are members of a Signal chat group called “Exchange coordination,” and Binance CEO Changpeng Zhao (CZ) ostensibly told SBF to […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts 

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero […]

Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts