CALGARY, Alberta–(BUSINESS WIRE)–#crypto–Balance, Canada’s oldest and largest digital asset custodian, is pleased to announce it filed an application for a letters patent on August 21st with Alberta’s Treasury Board and Finance to incorporate a special purpose trust company under the Loan and Trust Corporations Act (Alberta). This is a significant
In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,
Tether, the leading issuer of stablecoins, has recently completed a significant minting process at Tether Treasury. In an effort to replenish its inventory, Tether has minted a whopping 1 billion USDT (equivalent to $1,005,442,500 USD) tokens on the Tron Network. 💵 💵 💵 💵 💵 💵 💵 💵 💵 💵
On March 21 Tether minted 1 billion USDT on the Tron Network. This follows the billions of stablecoin that it has minted over the last week. In the last seven days, Tether has minted 4 billion USDT. Tether’s mintings have come as the stablecoin sector is facing increased competition, with
Cardano treasure holds 900M ADA and spent 27M on Project Catalyst. The price of ADA is $0.6478 with 10% growth at present. The Cardano treasury has confirmed that they had an account of 900M ADA which was valued to be 500M USD. Also, they have made statements on the expenditure
Buyers and sellers set the price of a product, not the market. Lack of expertise in consumer identification and verification in this arena. U.S. Treasury Department’s latest research has shown that non-fungible tokens (NFTs) might be used to facilitate money laundering. According to a study, digital art may launder money
Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18
Arkham Intelligence, a onchain analytics business, said that Tether minted $1 billion worth of USDT stablecoins on the Tron network without paying any fees for the massive transaction. A transaction from a Tron “black hole address” to Tether’s multisignature wallet starting with the characters “TBPxh” was identified on November 14
Binance Launchpool has scheduled the launch of USUAL, the governance token of Usual, a decentralized fiat stablecoin issuer, for November 19. This project marks the 61st listing on the Launchpool. As per the official post, Binance will initiate pre-market trading for the USUAL token starting on next Monday, with the
The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury
