Tether has actively collaborated with law enforcement agencies globally since its inception in 2014 to combat illegal activities involving its stablecoin, USDT. The company has played a significant role in helping 145 law enforcement agencies recover more than $108.8 million in USDT. This amount was tied to various illicit activities.
The Ethereum Foundation caught market attention in the past day with its significant ETH transactions. While the altcoin has struggled to surpass the $2.6K level in the past few weeks, it has exhibited modest positive momentum in the last 24 hours. Meanwhile, market conditions have turned bullish with market cap
HashKey Capital has just announced an exciting partnership with Aethir and CARV as co-hosts for the highly anticipated Decode: Legacy event at Token2049 Singapore. On September 17th, 2024, this groundbreaking immersive theatre experience will transform the iconic Raffles Hotel into a living stage where the mysteries of the crypto world
The crypto market has exhibited mixed signals in the past few weeks, as prices haven’t shown significant upward movements. While the regulatory and L2 sectors have witnessed optimal activities, prices have experienced an overall lull. Notably, Bitcoin, the largest cryptocurrency, has struggled to surpass $61K over the past week. Meanwhile,
The United States attorney for the Eastern District of North Carolina has announced that nearly 5 million dollars worth of Tether USDT has been seized from a crypto scam. These funds were traced to cryptocurrency addresses associated with the laundering of unclean funds stolen from victims by following a ‘Pig
Sony Group, the global conglomerate, is making a major entry into the blockchain space with the announcement of Soneium, a new Ethereum Layer-2 blockchain developed in partnership with Startale Labs. This innovative project aims to address key challenges in scalability and user experience, setting the stage for broader mainstream adoption
Cayman Islands, UK, 22nd August 2024, Chainwire
As new spot exchange-traded funds (ETFs) enter the U.S. market, Ethereum, the second-largest cryptocurrency by market cap, continues to grapple with substantial difficulties. Despite recent efforts to reach new price peaks, ETH has struggled to surpass the crucial $3,000 resistance level, contending with market fluctuations and waning dominance compared to
Spot Ethereum exchange-traded funds (ETFs) in the US have seen withdrawals for five days in a row. This is the longest run of withdrawals since their inception on July 23. Withdrawals from the Grayscale Ethereum Trust (ETHE) having surpassed $2.5 billion as of August 21 have outpaced the majority of
Investors in the cryptocurrency market have taken notice of the latest declaration from top stablecoin issuer Tether. The USDT issuer recently announced plans to create and release a stablecoin linked to the UAE dirham in an X post. Taking advantage of the increasing use of blockchain technology in the Middle
