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Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director
23.10.2024
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
US ‘dropping the ball’ on crypto, but that should change soon: Tether CEO
23.10.2024
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections
Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
22.10.2024
Tether CEO Paolo Ardoino told a U.S. crowd on Tuesday that he's counting on sensible crypto regulations coming soon from the U.S. "There is no place like the U.S.," he said via video link at DC Fintech Week in Washington
Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
22.10.2024
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant...
Northern Data wants to sell Peak Mining to invest in AI expansion
21.10.2024
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year
Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal
20.10.2024
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative
Crypto Biz: Onchain lending ramps up, driven by institutional activity
18.10.2024
Institutional demand is driving a significant increase in onchain loans across DeFi protocols
US lagging behind in global stablecoin adoption — Chainalysis
17.10.2024
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions
Tether mulls lending to commodity traders: Report
14.10.2024
The USDT issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit
Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review
13.10.2024
In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto...
Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles
11.10.2024
Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe.
USDT Faces Downward Pressure as Investors Pivot to Stocks in China
10.10.2024
USDT, the largest stablecoin in the crypto market, has marginally lost its peg to the U.S. dollar, trading at less than $1 since September 30. Analysts believe this is a byproduct of large outflows from China as crypto investors turn to the national stock market to participate in the bull...
Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
10.10.2024
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework
Argentina overtakes Brazil in crypto inflows — Chainalysis
10.10.2024
Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%
Argentina overtakes Brazil in crypto inflows — Chainalysis
10.10.2024
Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%
Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD
8.10.2024
Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto...
Tether user base hits 350M in 2024 following 24% surge
7.10.2024
The news comes amid the company’s 10-year anniversary celebration
UN report highlights cybercrime surge in Southeast Asia, Telegram's role
7.10.2024
The United Nations Office on Drugs and Crime continues its series on organized crime in Southeast Asia and focuses on Telegram this time.
US Targets Lazarus Group and APT38 in $879M Crypto Forfeiture Complaint
6.10.2024
Offshore Alert reporter David Marchant disclosed the United States has initiated two forfeiture complaints related to previously confiscated bitcoin (BTC) and tether (USDT), alleging that these funds were snatched by the notorious North Korean hacking groups Lazarus Group and Advanced Persistent...
Tether teases USDT documentary on 10th anniversary
6.10.2024
Tether CEO Paolo Ardoino said in an X post that the company will continue to bring financial inclusion to people who are “left behind.”