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Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps
25.7.2022
The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others
Tron is Eating into Ethereum’s Share of the Tether Market, But It Will Have to Do More to Become a Serious Rival
24.7.2022
Tron (TRX) has long been the butt of jokes and insults from much of the crypto sector, stretching back to 2019 (and even earlier) and continuing to the present day.
Yet in the past year or so, it has become an increasingly hard-to-ignore Ethereum (ETH) rival, exemplified by the fact that...
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP
23.7.2022
U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major...
Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
21.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Burdensome but not a threat: How new EU law can affect stablecoins
18.7.2022
Apart from the stringent requirements for stablecoin issuers, there are other areas of concern in the upcoming EU regulation
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market
15.7.2022
The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs....
Read More: Ukrainian Charity Uses Crypto Actively...
Bitfinex to Donate $1.3 Million Worth of BTC and USDT to Communities in El Salvador
15.7.2022
The crypto exchange Bitfinex announced on Thursday that the trading platform plans to donate 36 bitcoin and $600K worth of tether tokens to help bolster communities and small businesses located in El Salvador. According to Bitfinex, the funds will initially target small businesses in Salvadoran...
3 key metrics suggest Bitcoin and the wider crypto market have further to fall
12.7.2022
Traders are not as fearful as they were in June, but several metrics show the market is still standing on paper-thin support levels
Tether fortifies its reserves: Will it silence critics, mollify investors?
11.7.2022
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company
9.7.2022
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius...
Tether liquidates Celsius position with ‘no losses’ to stablecoin issuer
8.7.2022
The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves
Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat
7.7.2022
A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers.
Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and...
Salary payments in USDT stablecoin ruled as illegal in the Chinese court
6.7.2022
Tether USDT stablecoin cannot be used for salary payments, a Chinese court ruled, citing the country’s blanket ban on all types of crypto transactions
Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
5.7.2022
The USDT-to-USDC market cap ratio fell to its lowest ever in July 2022
Argentineans Rush to Tether After Economy Minister Resigns
4.7.2022
Residents of Argentina rushed to bid up the price of the popular stablecoin tether (USDT) in local fiat terms over the weekend after news broke that the country’s minister for the Economy had resigned.
According to data from CriptoYa, a data provider that tracks crypto prices from Latin American...
Circle Denies USDC Trouble Rumors, Tether Supply Still Elevated on Curve
4.7.2022
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), has denied that it is facing any sort of difficulty in maintaining the coin’s US dollar peg. Meanwhile, the supply of tether (USDT) coins on one of the most used stablecoin liquidity pools remains elevated....
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Tether continues to reduce commercial paper in sharp reduction since March
1.7.2022
The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far
Celsius' Options, Tether's Commercial Paper, Blockchain.com vs. Three Arrows + More News
1.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Celsius' Options, Tether's Commercial Paper, Blockchain.com vs. Three Arrows + More News