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Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service
21.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Javier Milei’s victory in Argentina causes a devaluation maelstrom, and Bitso launches a cross-border institutional payments service. Javier...
Renewed Tether (USDT) FUD not spelling any trouble for Ethereum or Bitcoin Spark
20.8.2023
The recent concerns surrounding the renewed FUD (fear, uncertainty, and doubt) regarding Tether (USDT) fuels discomfort in the cryptocurrency market. The USDT FUD is likely to impact the price or stability of cryptocurrencies significantly. However, these concerns are unlikely to spell any trouble...
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
19.8.2023
In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alone, it saw a decrease of more than 11%. Interestingly, within the past...
Bitcoin Price Prediction as Tether Discontinues USDT Support on BTC Blockchain – Will Crypto Prices Keep Falling?
18.8.2023
Bitcoin (BTC), the largest cryptocurrency globally, has experienced a downward trajectory in recent months, with its price sliding from $28,000 to approximately $26,220 today.
This decline can be attributed in part to Tether's recent move. Tether, the leading stablecoin, decided to stop...
Coinbase Halts USDT Trading for Canadian Users Starting August 31
18.8.2023
In an email dated August 17, Coinbase, a cryptocurrency exchange, revealed its decision to halt trading of Tether USDT, Dai DAI, and RAI stablecoins for Canadian users starting August 31.
This surprising development comes shortly after Coinbase's recent announcement of its complete expansion into...
Crypto Market Dumps as Coinbase Set to Suspend Tether USDT and Dai Stablecoins for Canadian Users – What’s Going On?
18.8.2023
Crypto trading giant Coinbase, which stepped foot into the Canadian markets early this week, is set to suspend trading of three stablecoins, effective August 31.
The company wrote to its users on Thursday that it would no longer allow trading of Tether (USDT), Dai (DAI) and Rai Reflex Index (RAI)...
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
18.8.2023
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision was the level of community interest in these...
Tether discontinues Bitcoin stablecoin, citing lack of usage
17.8.2023
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year
Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools
17.8.2023
Stablecoin operator Tether is building specialized Bitcoin mining software aimed at using data analytics to optimize mining operations and boost production, CTO Paolo Ardoino says
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
17.8.2023
Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014
Chinese man sentenced to 9 months in prison for buying 13K in USDT
14.8.2023
China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike
Latam Insights — Argentine Peso Touches Historic Lows, Tether Dominated the Brazilian Market
14.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine peso reaches historic lows, Tether’s USDT accounts for more than 80% of the transactions in the Brazilian market, and Binance gets fully...
CEO of Binance lambasts Tether, DigiToads poised to shatter $7M presale barrier
12.8.2023
In a recent “ask me anything” session, Changpeng “CZ” Zhao, CEO of Binance— the world’s leading cryptocurrency exchange—expressed his apprehensions about the viability of centralized and algorithmic stablecoins, particularly highlighting the opacity surrounding Tether...
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
12.8.2023
The hacker’s wallet with more than $100K worth of USDT was blacklisted and frozen, while the Victim had been drained for almost $170K worth of NFTs and other assets
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
12.8.2023
The hacker’s wallet, with over $100,000 worth of USDT, was blacklisted and frozen, while the victim had been drained of almost $170,000 worth of NFTs and other assets
Paolo Ardoino, CTO of Tether, on $USDT Fud and Tether’s Diversification into Energy | Ep. 255
11.8.2023
In an exclusive interview with cryptonews.com, Paolo Ardoino, CTO of Bitfinex and Tether, talks about Tether ($USDT) FUD, Tether’s Diversification into Energy, and Tether fostering the use of P2P technology....
Read More: Paolo Ardoino, CTO of Tether, on $USDT Fud and Tether’s Diversification into...
Swiss City of Lugano and Tether's Plan ₿ Summer School Achieves Second-Year Milestone
10.8.2023
From bill-splitting apps to solutions for urban parking, the Swiss City of Lugano and Tether's second annual Plan ₿ Summer School showcased the transformative potential of blockchain over the past 10 days. The event, which wrapped up yesterday, saw around 80 students from 28 countries dive deep...
Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies
10.8.2023
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain data, Cryptoquant has questioned the authenticity of...
Binance drops majority of USD Coin reserves — Latest USDC news
9.8.2023
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of its USDC reserves and what it replaced them with
Circle CEO: 70% of USDC adoption comes from outside the US
8.8.2023
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing