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Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
7.12.2023
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced...
Lugano Switzerland Now Accepts Bitcoin, USDT for Tax Payments
7.12.2023
Source: Pixabay / Michael Wuensch The city of Lugano, Switzerland announced on Wednesday that it is ready to start accepting tax payments in cryptocurrency – including Tether (USDT) and Bitcoin (BTC). That includes payments for any invoice issued by Lugano, such as municipal services and all other...
South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’
6.12.2023
Source: Tatyana Maksimova/Adobe South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT. According to the broadcaster KBS, officers arrested seven people in raids, with one remanded...
The City of Lugano Drives Crypto Adoption, Accepts Bitcoin and Tether for Tax Payments
5.12.2023
Lugano takes a major step in crypto adoption by letting residents pay taxes with Bitcoin and Tether. Image by Myst, Adobe Stock. The city of Lugano, Switzerland made a bold move to drive cryptocurrency adoption by announcing today that it will now accept tax payments in Bitcoin (BTC) and Tether...
Investors Believe the US Fed Will Pause Rate Hikes + More News
5.12.2023
Morgan Beller. Source: Bloomberg Technology Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Investors Believe the US Fed Will Pause Rate Hikes – Bitfinex Analysts Bear Market Applies...
Tether Blacklists Over 30 USDT Wallets
4.12.2023
Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted addresses had received $161 million from Whitebit,...
Bittrex Global enables USD to USDT conversion for withdrawals
1.12.2023
Bittrex Global announced on November 20, 2023, that it was winding down its operations. It sought customers to withdraw their funds in supported currency. Bittrex Global was supporting EUR and selected cryptos only at that time. However, the mechanism turned out to be frustrating since users were...
LBank’s Launchpad for ACGN Protocol Wraps Up with Over 9.5 Million USDT Invested, $AIMEME Listing Ahead on LBank
30.11.2023
PRESS RELEASE. LBank recently wrapped up its third Launchpad event, this time for the ACGN Protocol ($AIMEME), and the results were remarkable. The event attracted significant attention, following in the footsteps of the successful MetaExpand and PINS Network Launchpads. A total of 95,098,311 USDT...
US DOJ Seizes $9 Million in USDT from Cyber Scam Organization, Tether to Onboard FBI
29.11.2023
Source: AdobeStock / Krakenimages.com The United States Department of Justice (DOJ) has seized nearly $9 million worth of USDT from an organization running pig butchering scams – with Tether’s help. According to the press release, the authorities traced the funds to cryptocurrency...
Tether’s ‘new era for capital raises’ Bitfinex bond flops
29.11.2023
The ALT2611 tokenized Tether bond from Bitfinex has only managed to raise 15% of its target two weeks after launch
Today in Crypto: Banxa and Cardano’s Yoroi Wallet Enable In-app Fiat On/Off Ramping, Bybit Reveals Personality-Based Trading NFT/USDT Competition
27.11.2023
Source: AdobeStock / RareStock Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Wallet news Web3 on-and-off ramp solution Banxa announced that it, in partnership with Cardano’s Yoroi Wallet...
Today in Crypto: Matr1x Gaming Platform Raises $10 Million, Bybit’s Portfolio Margin Mode Gets Spot Trading Capabilities, MapMetrics Expands to Peaq Blockchain
23.11.2023
Source: matr1x.io/games Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Matr1x, the platform facilitating the mobile shooting game Matr1x Fire within the Web3 domain, secured...
Gold Smugglers in Nepal Caught Exchanging 33kg of Gold for Tether USDT Stablecoin
23.11.2023
Source: AdobeStock / Krakenimages.com An international, organized criminal network has been busted for gold smuggling and using the tether (USDT) stablecoin in its $16 million-worth illegal operations. According to the local media report by The Rising Nepal, the group managed to smuggle 33 kg...
Binance Wallets Move Approximately $4 Billion in Stablecoin Ahead of DOJ Settlement
23.11.2023
Source: Unsplash Binance wallets have moved $3.9 billion worth of Tether (USDT) in a recent transaction amid the exchange’s pending $4.3 billion penalty that it agreed to pay to the Department of Justice. On-chain data shows that the majority of the funds were transferred from one Binance...
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
23.11.2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous...
Rethinking Bitcoin 'dominance' at 51% — A misleading metric?
22.11.2023
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto "altcoins" should be in the same category at all that is
Tether’s quest for transparency: Unveiling real-time reserve updates
22.11.2023
The world of cryptocurrency has produced a lot of popular and emerging cryptocurrencies in recent times, for example, Bitcoin, Ethereum, Dogecoin, etc., including Tether (USDT), which is recognized as a prominent stablecoin. Tether is largely known for its seamless and enhanced transparency...
US DOJ Seizes $9M USDT As Part Of $225M Frozen By Tether In “Pig Butchering” Crypto Scam
21.11.2023
The DOJ continues its crackdown on cryptocurrency crimes by seizing USDT funds related to a “pig butchering” crypto romance scam. Image by blvdone, Adobe Stock. The US Department of Justice (DOJ) announced today that it seized $9 million worth of the stablecoin USDT related to...
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
21.11.2023
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams