The biggest stablecoin in the world, Tether (USDT), has minted yet another $1 billion worth of USDT, putting its market cap beyond $110 billion. This might be the much-needed catalyst for Bitcoin’s next climb to new all-time highs. An additional $1 billion worth of USDT was minted by Tether’s Treasury
Victoria, Seychelles, May 15th, 2024, Chainwire Bitget, a leading crypto exchange and web3 company, is thrilled to announce the launch of the highly-anticipated King’s Cup Global Invitational (KCGI) 2024. Now in its fifth edition, KCGI 2024 promises to be the most exciting and competitive trading tournament yet, offering traders worldwide
With the impending verdict on Ethereum Spot ETF applications from the US Securities and Exchange Commission (SEC) looming on the horizon, Bybit, one amongst the world’s top three cryptocurrency exchanges in the world by volume, has unveiled “Ethereum Euphoria: The ETF Expedition.” In addition to learning about the effects of big market
Tether has frozen 5.2 million USDT from 12 Ethereum addresses linked to phishing groups. These addresses are tagged as USDT-banned addresses by MistTrack. It is an anti-money laundering tracking system developed by SlowMist AML, and used in on-chain analytics to trace illicit funds. Historically, stablecoin issuers ban suspicious addresses for
After the original keynote video premiered at Shibuya Crossing in Japan, BlockDAG has aligned with crypto veterans like Bitcoin, Ethereum, Tether, and Binance Coin, showcasing its remarkable potential for a 30,000x ROI and rapid presale progress. This article explores the top 5 cryptos to invest in May 2024, analysing potential
Interestingly, USD Coin (USDC) from Circle has surpassed the biggest stablecoin in the world Tether (USDT), in terms of stablecoin transactions. In April 2024, the number of USDC transactions surpassed USDT’s monthly total, at 166.6 million, according to on-chain analytics provided by payments behemoth Visa. Since the year 2023 came
The USDT stablecoin issuer Tether has now made a strategic investment in Neuralink competitor Blackrock Neurotech in an effort to advance brain-computer interface (BCI) technology. Neuralink is Elon Musk’s neural implant company. Today, April 29, the stablecoin business made a formal announcement that brought attention to the $200 million investment
In response to the harsh U.S. sanctions, Venezuela’s state-run oil firm PDVSA has reportedly taken further steps to diversify its revenue streams away from traditional fiat currency and toward digital assets such as Tether (USDT). The United States Department of the Treasury requested last week that all PDVSA users and
Ramp Network, a financial technology firm creating payment rails that link cryptocurrencies to the international financial system, announced that it has made it possible to buy and sell USDt on Tether’s TON stablecoin. The network boosts Tether’s use case with native USDt on TON by facilitating a seamless, borderless experience for P2P
One of the top three cryptocurrency exchanges in the world by volume, Bybit, has introduced TOKEN2049 CryptoFest, a brand-new event that promises to be an exciting start to this year’s worldwide crypto conference. Traders will compete for a $100,000 USDT prize pool in this event. Experienced traders and passionate beginners
