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Search Results for: Tether

Chinese Officials Unearth $1.7B Money Laundering in Crypto

Chinese police in the Mongolian city of Tonglio have reported the arrest of 63 persons. For their role in a $1.7 billion cryptocurrency money laundering scheme that used the Tether stablecoin. According to the official statement released by law enforcement. The probe was initiated when a local bank saw a

December 13, 2022 1 min read

Tron’s Native Stablecoin USDD Depegs, Now Trading at $0.97

Early on Monday, Justin Sun said on Twitter that he had swapped over $773,000 worth of Tron’s native stablecoin USDD. Sun said that he has converted over $200,000 worth of USDC. And $570,000 worth of USDT to the stable currency USDD. Although it is supposed to be pegged to the

December 12, 2022 1 min read

Crypto Exchange Coinbase Advises Users To Convert USDT to USDC

Coinbase, a cryptocurrency exchange, has urged its customers to transfer from Tether (USDT) to Circle’s USD Coin (USDC), calling the latter a “trusted and reputable stablecoin.” The underlying reason for the transition is unclear, but Coinbase feels recent events have prompted the move. On December 8th, Coinbase posted a blog

December 9, 2022 2 mins read

Binance U.S Waves Off Trading Fee on Ethereum Pairs

The “zero fee price model” offered by Binance US is now available for Ethereum. There are currently four Ether spot market pairings available for trading without fees: ETH/USD, ETH/Tether, ETH/USD Coin, and ETH/Binance USD (BUSD). The U.S trading platform has instantly done away with gas costs for all “Buy &

December 8, 2022 2 mins read

TRON Academy Announces 7 New Partners and New Activations

Geneva, Switzerland, 8th December, 2022, Chainwire   TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. Partnerships have been developed with existing blockchain clubs, and

December 8, 2022 4 mins read

Solana-based Orca Integrates Stripe for New Fiat-to-Crypto Onramp

Orca, a prominent decentralized exchange based on Solana, has launched a fiat-to-cryptocurrency gateway after integrating the ‘Stripe’ payments service provider. Stripe’s first-ever integration with a decentralized exchange on any blockchain is happening right now, thanks to the Orca onramp. At launch, customers of Orca will be able to bypass the

December 3, 2022 1 min read

Buy Gift Cards with Crypto on the BuySellVouchers Marketplace

BuySellVouchers, a top-tier online marketplace for purchasing gift cards, has now announced the acceptance of Binance USD (BUSD) as a payment option. Buyers and sellers from all over the world use BuySellVouchers to purchase and sell gift cards, vouchers, and other digital items from well-known businesses. BuySellVouchers.com now also accepts

December 1, 2022 3 mins read

Ethereum and Polygon Support Now Added to Phantom Wallet

Earlier today, Phantom, one of the most widely used cold storage wallets for Solana-based decentralized applications and NFTs, announced that it will be expanding to include Ethereum and Polygon. Phantom is available for PC, iOS, and Android. When compared to centralized exchanges and firms that manage sensitive user data. The

November 29, 2022 1 min read

Binance Announces Delisting of Serum Token Trading Pairs

In a recent announcement, Binance said that it will no longer support trading pairings involving the SRM token issued by Serum including against the Binance exchange token (BNB), Bitcoin (BTC), and Tether’s stablecoin (USDT). Serum is the token used for governance on the decentralized Solana-based exchange backed by FTX and

November 25, 2022 2 mins read