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Search Results for: Tether

CORRECTING and REPLACING Merit Awards Announces Winners of 2023 Technology Awards

IRVINE, Calif.–(BUSINESS WIRE)–In release dated Oct. 2, 2023, winner under Leadership should read: HIVE Digital Technologies (instead of Talk Shop Media). The updated release reads:  MERIT AWARDS ANNOUNCES WINNERS OF 2023 TECHNOLOGY AWARDS Merit Awards, an independent awards program that recognizes global industries and the market they serve, today announced

October 23, 2023 3 mins read

Bitcoin Price Eyes Breaking Above Critical $30,000 Barrier

This week witnessed a significant increase in the price of bitcoin, with an increase of over 11% taking it to about $30,000. Santiment, a blockchain analytics company, claims that the growing buildup of stablecoins like USDT, USDC, and BUSD likely contributed to this Bitcoin price spike. There was a significant

October 21, 2023 2 mins read

Hong Kong SFC Revises Crypto Regulations Citing Industry Demands

The Hong Kong Securities and Futures Commission (SFC) has said that it would revise its regulations concerning the sales and requisite of virtual currencies amid current market trends and demands from the industry. The SFC said on October 20 that under the new regulations, only institutional investors would be authorized

October 20, 2023 1 min read

LBRY Bids Final Farewell to the Crypto Sector; Announces Closure

LBRY, the company behind the LBRY blockchain, has announced its closure to the cryptocurrency world, claiming “several million dollars” in obligations as the reason. A message from the LBRY team, titled “This will be our last post,” was published on the video-sharing platform Odysee (which is powered by LBRY) on

October 20, 2023 1 min read

Dogecoin Price Movement Syncs with Bitcoin Amid ETF Hopes

As the crypto market anxiously awaits a spot Bitcoin ETF, Dogecoin has moved in lockstep with Bitcoin price action around major developments. When BlackRock filed for a Bitcoin ETF in June, Bitcoin rallied 20% as institutional ETF involvement looked more promising. At the same time, the Dogecoin price surged 36%

October 19, 2023 1 min read

Binance US No Longer Allows USD Withdrawal for Users

Binance US has implemented fundamental changes to its financial activities in the USA. The exchange is no longer allowing users to make direct withdrawals in US dollars as of this week. As stated in their revised terms of service, they will no longer let users withdraw USD without first converting

October 17, 2023 2 mins read

Mystery Institution Moves $34 Million in USDT to Kraken

On-chain analyst Lookonchain recently tracked two wallets withdrawing a combined 33.9 million USDT stablecoins from Circle and depositing them to major U.S. exchange Kraken. While the entity behind the wallets is unknown, Lookonchain suspects the same institution controls both addresses based on the precise timing of the USDT transfers. The

October 11, 2023 1 min read

Canada Issues Preliminary Guidelines for Stablecoin Trading

With an emphasis on stablecoins, the Canadian Securities Administrators (CSA) has offered guidelines to exchanges and cryptocurrency issuers on its preliminary approach to what it refers to as value-referenced crypto assets. Canadian provincial and territorial securities authorities issued a clarification on the possible trading of cryptocurrencies that peg their value

October 6, 2023 1 min read

Merit Awards Announces Winners of 2023 Technology Awards

IRVINE, Calif.–(BUSINESS WIRE)–Merit Awards, an independent awards program that recognizes global industries and the market they serve, today announced the winners of the 2023 Merit Awards for technology. The Merit Awards for technology were judged based on submissions that represent the best in current and next-generation innovations and technologies. “We’re

October 2, 2023 3 mins read

September Was Riddled With Multi-Million Dollar Crypto Heists Majorly Owing to Lazarus Group

September 2023 has seen a series of high-profile cryptocurrency hacks, with the Lazarus Group, a North Korean hacking collective, emerging as a key player in siphoning off millions of dollars in digital assets. These incidents have sent shockwaves through the crypto community, leaving investors and enthusiasts grappling with the aftermath.

September 28, 2023 3 mins read