10 / 15 Relevant items tagged with #USDt
Posts: 434
Posts
Binance to Gradually Phase Out Support for BUSD Stablecoin
[Aug 31, 2023 1:30 PM] The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases…
August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction
[Aug 31, 2023 8:30 AM] Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125…
Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains
[Aug 30, 2023 11:30 AM] In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%…
Binance to Offer 'T+3' Daily BNB/USDT Options
[Aug 28, 2023 11:33 PM] The new T+3 BNB/USDT options will have a trading lifetime of three days.
DEA Duped: How a Crafty Crypto Scammer Outwitted the Agency and Made Off With $55K
[Aug 26, 2023 11:30 AM] In a revealing report published on August 24, 2023, a significant oversight by the Drug Enforcement Agency (DEA) was brought to light. In their endeavor to manage assets confiscated from a nefarious enterprise, the DEA mistakenly funneled funds to…
DEA gets duped: Agency loses $55K in address poisoning scam
[Aug 24, 2023 7:30 PM] The DEA, the country's lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI.
Coinbase Acquires Equity Stake in Circle; Companies Reshape USDC’s Future
[Aug 22, 2023 3:00 AM] In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally…
Latam Insights — Javier Milei’s Victory Divides Argentina; Bitso Launches Cross-Border Institutional Payment Service
Worldcoin’s Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets
[Aug 19, 2023 8:30 AM] 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…
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
[Aug 18, 2023 4:00 AM] 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…
Argentines Flock to Stablecoins Amidst Record Devaluation Numbers
[Aug 18, 2023 12:00 AM] Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes…
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
[Aug 17, 2023 1:28 PM] The exchange expanded its services in Canada earlier this week.
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
[Aug 17, 2023 6:54 AM] 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
[Aug 14, 2023 9:04 AM] 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
Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted
[Aug 11, 2023 11:28 PM] 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.
Singapore Red Cross Says It Now Accepts Crypto Donations
[Aug 10, 2023 5:30 AM] Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization has…
Can PayPal’s PYUSD Be Frozen In Your Wallet Like Tether’s USDT?
[Aug 8, 2023 4:00 PM] PayPal and Paxos dominated the news cycle on Monday with the announcement of the launch of the PayPal (PYUSD) stablecoin, but concerns have been raised about the possibility of user assets being frozen in their wallets, as is the case with USDT…
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
[Aug 8, 2023 12:30 PM] At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the…
Huobi Receives $200M USDT, $9M Ether From Whale
[Aug 7, 2023 11:54 PM] Transfers occur as outflows from exchange continue.
Crypto Adoption: Singapore Red Cross To Accept BTC, ETH, USDT, And USDC
[Aug 7, 2023 12:00 PM] Cryptocurrency payments have been increasingly widespread in recent years, with their use spreading to nearly every market. A use case of cryptocurrencies that has seen particular growth is in crypto donations and the Singapore Red Cross has now…
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
[Aug 7, 2023 8:00 AM] In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its…
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
[Aug 6, 2023 10:56 PM] The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.
Class Action Lawsuit Against Tether, Bitfinex Dismissed
[Aug 5, 2023 1:30 PM] A class action lawsuit filed against cryptocurrency firms Tether and Bitfinex was dismissed Friday by a federal judge in New York. The judge ruled the complaint lacked plausible claims of injury and failed to show that Tether’s stablecoin…
Reports Suggest 11th-Largest Bitcoin Wallet Belongs to Stablecoin Giant Tether
[Aug 5, 2023 11:30 AM] A 21.co research analyst has disclosed that Tether, the company behind the world’s most prominent stablecoin by market capitalization, could potentially hold the 11th-largest bitcoin (BTC) address. Additionally, an individual familiar with…
Tether May Now Be 11th Largest Bitcoin Holder, Analyst Says
[Aug 5, 2023 11:05 AM] Tether, the company behind the USDT stablecoin, may now be the 11th largest bitcoin holder in the world. This comes after the stablecoin issuer recently published its attestation report for Q2 2023. According to the report, Tether recorded an…
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
[Aug 3, 2023 1:07 PM] Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
Binance CEO Shares Details Of $20 Million Scam Attempt
Exclusive - Tether Purchased 1,529 Bitcoin in Q2, CTO Confirms
[Aug 3, 2023 7:47 AM] Tether, the company behind the world’s most popular stablecoin USDT, acquired 1,529 bitcoin in the second quarter of 2023.Paolo Ardoino, the company’s CTO, confirmed the purchase to Bitcoin Magazine. According to the executive, Tether paid roughly…