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Search Results for: tether

New Dimensions: WBT Is Now in the Largest Institutional Bitfinex Family

After the successful WhiteBIT Token listings on Huobi, Gate, and MEXC, on Friday, the 26th of May, the company representatives pleased the community with the announcement of the upcoming listing without naming the exchange. Today, WhiteBIT and Bitfinex released joint publications with details of the start of trading, which will

May 31, 2023 2 mins read

Mastering Bitcoin Market Cycles: An In-Depth On-Chain Analysis

As the cryptocurrency market evolves, an in-depth analysis of Bitcoin’s on-chain metrics provides unparalleled insights into the network’s health, investor behavior, and potential price trends. In their latest report, Glassnode, a leading blockchain analytics firm, delves into various key factors shaping Bitcoin’s current landscape. Our latest #Bitcoin on-chain analysis video

May 31, 2023 2 mins read

SEC Fines Coinbase’s Former Product Manager for Insider Trading

In a significant development in cryptocurrency, former Coinbase product manager Ishan Wahi and his brother, Nikhil Wahi, have agreed to settle insider trading charges. The Securities and Exchange Commission (SEC) accused the brothers of engaging in a scheme to trade ahead of multiple announcements related to at least nine crypto

May 31, 2023 2 mins read

Crypto Exchange OKX Releases 7th Proof of Reserves Report

In an attempt to set a new benchmark for openness and trust in the cryptocurrency sector, OKX, a cryptocurrency exchange located in Seychelles, has released its seventh proof-of-reserves (PoR) report. OKX holds $10 billion in bitcoin (BTC), ether (ETH), Tether (USDT), and other assets, according to a recent report. Moreover,

May 30, 2023 2 mins read

Is USDT Building a Strengthened Supremacy?

Over the past month, a significant shift in the world of cryptocurrencies has unfolded. The total market capitalization of stablecoins has slightly decreased, slipping below the $131 billion mark. This surprising trend is worth exploring, as it deviates from the usual upward trajectory stablecoins have witnessed over the past years.

May 30, 2023 2 mins read

Yearn Finance Hacker Moves $3.6M Via Crypto Mixer Tornado Cash

Stablecoins worth $11.6 million were stolen in a cyberattack last month that targeted an earlier version of the Yearn Finance protocol. The exploiter has recently transferred more than $3.6 million, or over 2000 ETH, via Tornado Cash. According to data from PeckShield, a blockchain analytics company, the exploiter is transferring

May 26, 2023 1 min read

Binance Announces Support for Polkadot-based USDT

Polkadot-based Tether (USDT) may now be deposited and withdrawn on Binance, the world’s largest cryptocurrency exchange. Polkadot announced the news on Twitter, noting the ease with which Binance customers may transfer USDT to Polkadot. Thus, facilitating more rapid and less cumbersome transactions with the stablecoin. Tether’s addition to the Polkadot

May 25, 2023 1 min read

Binance Responds to U.S. Treasury for North Korean Crime

Binance, the world’s largest crypto exchange, has responded to the U.S. Treasury seizing $4.4 million and freezing accounts linked to North Korean crime. We are proud to have assisted US law enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime. Kudos to our law enforcement partners

May 25, 2023 1 min read

Binance-Hosted Wallets Blacklisted by US Treasury for North Korean Ties

On May 23, the U.S. Treasury announced the blacklist of crypto holdings wallets with alleged ties to the North Korean government. According to the report, the Binance-hosted wallets received several cryptocurrencies worth $2 million that were then sent to the North Korean entities.  Treasury’s Office of Foreign Assets Control (OFAC)

May 24, 2023 1 min read