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Nigerian crypto community supports activist’s fight for rights
10.8.2024
As the case progresses, the community’s backing will be crucial in maintaining momentum and advocating for a more favorable regulatory environment
Tether to Increase Its Workforce to 200 by Mid-2025, Says CEO Paolo Ardoino
10.8.2024
The CEO of stablecoin issuer Tether Holdings Ltd. has announced plans to increase the company’s employee headcount to 200 by mid-2025. The firm stated that a majority of the new employees will be assigned to the compliance team, while others will join the finance team. A Finance Behemoth...
MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
9.8.2024
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers
Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
9.8.2024
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...
Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?
9.8.2024
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder's realized price
Tether to double its workforce to 200 by mid-2025: Report
9.8.2024
The stablecoin issuer will still be tiny in terms of staff compared to other tech and crypto companies
TON Climbs 10% Ahead of Binance Listing
8.8.2024
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it...
Cumberland buys the dip? Trading firm deposits $95M to exchanges
7.8.2024
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023
Crypto Market Volatility Fuels $1.2B Inflows at Binance
6.8.2024
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over...
Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more
2.8.2024
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm
Here’s what happened in crypto today
1.8.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Stablecoin growth soars as crypto global mass adoption ramps up
31.7.2024
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market
Tether Nets $5B Profits This Year, Says Its US Debt Holdings Surpassed Germany's
31.7.2024
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...
Tether reports record-breaking $5.2B profit in first half of 2024
31.7.2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments
Tether dominates with $113B post-SVB collapse — IntoTheBlock
30.7.2024
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard
Venezuela's Election Body Says Nicolas Maduro Relected President, Opposition Claims Victory Too: Reports
29.7.2024
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises
Bitcoin Peaks at $69,404 as Short Liquidations Surpass $27M
27.7.2024
The price of bitcoin (BTC) increased by 1.9% over the past day, peaking at an intraday high of $69,404 around 9 a.m. EDT on Saturday. Over the last week, BTC has climbed by 3.1% and has risen 16.8% over the past two weeks. Bitcoin’s Upward Momentum: Key Stats and Market Impact Bitcoin...
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
25.7.2024
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by...
Payment platform Mercuryo integrates crypto on-ramp with Indonesian banks
22.7.2024
Mercuryo integrates crypto on-ramp solutions in Indonesia, enabling users to convert their Indonesian Rupiah into 40 digital tokens, including BTC, ETH, and USDT