MEXC Global, one of the world’s most liquid cryptocurrency exchanges with over seven million users, has announced the launch of MX/USDT perpetual. In a press release, the ramp said the trading pair brings MX, the native token of MEXC Global, and USDT, the world’s most liquid stablecoin. The trading pair
Cloud mining is the exact opposite of what you’d expect to find in old-fashioned mining. Hardware mining, the most common technique of mining cryptocurrencies, needs a lot of planning, skillset, and heavy investment and is time-consuming on a regular basis. In order to make cryptocurrency mining more accessible to people
USDT market cap dropped below $70 billion. The number of significant accounts holding USDT has decreased. After Terra’s collapse Tether (USDT) became the largest stablecoin by trading volume, but the amount of supply held by addresses holding between $100,000 and $10 million USDT has almost reached a three-year low. The
Cloud mining, in contrast to traditional crypto mining, does not need a significant initial outlay in terms of resources. Individuals don’t have to buy specialized equipment or pay for storage space or electricity to make use of the service. Among cloud mining platforms available is MAXUSDT(TRX). On this one-of-a-kind platform,
Ardoino said the team had handled 16 billion in redemptions in more than a month. Tether’s resilience and stability were repeatedly emphasized by Ardoino. Tether’s CTO Paolo Ardoino has discussed attempts by conventional hedge funds to short USDT. A Twitter thread started by Ardoino described the assaults as a “new
The request significantly differs from the daily average of 2k requests/5min. The company had received a ransom demand from the hackers. On June 18, a major denial-of-service assault targeted Tether, one of the world’s biggest cryptocurrencies, by market capitalization. Tether’s Chief Technical Officer, Paolo Ardoino, tweeted that the company had
USDT trading at $0.999468 with a trading volume of $47,211,505,618. Tether’s USDT is available on 12 blockchain networks. Tether Operations Limited (Tether), the blockchain-enabled platform which powers the world’s most valuable stablecoin by market capitalization, will launch Tether tokens (USDT) on Tezos, a unique expandable Proof-of-Stake blockchain (PoS). USDT to
TerraUSD’s failure has shattered the hopes of algorithmic stablecoins. Co-founder of Tether and Ethereum says the structure of UST is defective. The issuer of USDC states that the UST structure is a very high-risk foundation for a stablecoin. The recent market crash of the crypto industry has devastated the hopes
The peso, which is now trading at $0.051, will serve as the base currency for MXNT. According to data by Triple-A, most crypto in Mexico is utilized for speculation and trade. A Mexican stablecoin will be introduced in addition to its counterpart USDT, the biggest stablecoin by market capitalization at
The talks or even people rather noticing the stablecoins have been almost nil, until the recent Terra UST downfall. Since the past two weeks, the focus towards stablecoins has catapulted like anything. Amidst such scenarios, the most widely preferred stablecoin available in the market and indeed the best, has upgraded
