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Coinbase to Delist USDT in Europe Amid New EU Regulations
6.10.2024
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require...
New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case
5.10.2024
The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by Jin Hua Zhang of Staten Island, laundered over...
US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio
5.10.2024
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track...
Tether is ‘best friend’ of US, says CEO Paolo Ardoino
4.10.2024
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph
Tron Network posts record $577M revenue in Q3
3.10.2024
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market
Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino
1.10.2024
Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure
Gemini’s exit from Canada: What’s driving crypto exchanges out?
1.10.2024
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins
Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’
1.10.2024
Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary
Tether Aids DOJ in Seizing $6M in Assets Tied to Crypto Scams
30.9.2024
Tether, a stablecoin issuer, said it has collaborated with the U.S. Department of Justice to seize digital assets worth $6 million stolen from victims of crypto confidence schemes. Tether has assisted law enforcement in various jurisdictions, blocking over two billion dollars in USDT and recovering...
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
3 signs that Bitcoin price is not ready to make a new all-time high
30.9.2024
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high
FBI Seizes $6M in Crypto From Southeast Asian Scammers
28.9.2024
U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal...
Fed’s dovish move to slash $625M in interest income for stablecoins
27.9.2024
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion
Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether’s Direction
27.9.2024
Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
Tether Helps Dutch and US Authorities Seize $7.8M in Crypto
27.9.2024
Tether, the world’s largest stablecoin issuer, reportedly played a crucial role in a joint operation led by Dutch and U.S. law enforcement agencies to dismantle two cryptocurrency exchanges suspected of money laundering. The operation resulted in the seizure of €7 million ($7.8M) in crypto and...
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
27.9.2024
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
Robinhood, Revolut eye entry into the stablecoin market — Report
26.9.2024
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand
Hamster Kombat token price plunges on exchange debut
26.9.2024
Amid Hamster Kombat officially listing on exchanges like Binance and HashKey, the HMSTR token has been plummeting