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Tether’s Paolo Ardoino Discusses Lugano’s ‘Plan B’ Bitcoin Progress
28.10.2022
The southern Swiss city is hosting its initial bitcoin conference this week
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
28.10.2022
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin...
Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches New Series, Art Project in Support of Ukraine
25.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Briefs: Australia Comes After BPS and Qoin, Bithumb Ex-Chair Faces 8 Years in Prison, Canaan Launches...
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
24.10.2022
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include...
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Tether and Smartpay to Offer USDT at More Than 24,000 ATMs in Brazil
22.10.2022
Tether, the company behind the issuance of usdt, the biggest dollar-pegged stablecoin in the cryptocurrency market, has announced its stablecoin will be available at more than 24,000 ATMs in Brazil. Smartpay, a cryptocurrency systems provider, integrated its technology stack with Tecban, an...
Gate.io users at risk as scammers fake giveaway on hacked Twitter account
22.10.2022
The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards
Tether USDT Available in Over 24,000 ATMS in Brazil
21.10.2022
Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country. ...
Read More: Tether USDT Available in Over 24,000 ATMS in Brazil
US regulator touts to ‘aggressively police' crypto in new report
21.10.2022
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year
El emisor de stablecoin Tether pondrá a disposición USDT en 24.000 cajeros automáticos de Brasil
20.10.2022
La conversión de tether en reales brasileros y viceversa estará a cargo del proveedor de servicios de criptomonedas local SmartPay junto con TacBan, propietario de los cajeros automáticos
Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil
20.10.2022
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
14.10.2022
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine...
Tether Drops All Commercial Paper from Reserves in New Transparency Push
14.10.2022
The stablecoin issuer Tether has finally eliminated its exposure to commercial papers, replacing them with much more liquid and secure US Treasury Bills.
According to an announcement from Tether, the move to eliminate its commercial paper holdings and replace it with US Treasuries is part of...
Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund for Loans to Bitcoin Miners
14.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund...
US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
14.10.2022
Law firm Roche Freedman was removed even after its controversial founder Kyle Roche filed to withdraw from the case
Stablecoin Issuer Tether Fulfills Promise by Reducing Commercial Paper Holdings Down to Zero
14.10.2022
On October 13, 2022, Tether Holdings Limited announced that the stablecoin issuer has reduced the company’s commercial paper holdings down to zero. The company has said it would reach this goal for a while now, and Tether says that shrinking commercial paper holdings down to zero...
Tether, el emisor de la stablecoin USDT, reduce a cero sus tenencias de papel comercial
13.10.2022
La empresa ha ido sustituyendo gradualmente su tenencia de papel comercial por bonos del Tesoro de Estados Unidos
Tether reduces commercial paper exposure to zero, replaces investments with T-Bills
13.10.2022
The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper