In light of the rising speculation that Tether’s increasing amount of secured loans may lead to the downfall of the stablecoin issuer, Tether issued an official statement later today. The cryptocurrency corporation has decided to reduce its credit exposure to zero by 2023. Tether’s statement reveals the company is strengthening
On Monday, reports surfaced that the U.S. Department of Justice (DOJ) is weighing whether or not to file criminal charges against Binance and its officials for money laundering. This has led to significant withdrawals. And high levels of user activity on the cryptocurrency market during the last two days. The
It’s been a long since tech giant Apple prevented installing alternative apps until they existed via their official App Store. However, upcoming new regulations by the European Union have prompted Apple to modify its services to let “third-party app stores” access iOS. The tech big shot’s software and services teams
Global crypto exchange Koinbazar has listed MangoMan Intelligent (MMIT) on INR, USDT Markets and open trading for MMIT/INR, MMIT/USDT market pairs at 11:30 AM (UTC) on 14th December, 2022. The MangoMan Intelligent community is vibrant and fun and is decentralized. Moreover, the MangoMan is completely about the freshmen in the
The publication of the November statistics for the Consumer Price Index (CPI) by the U.S. Bureau of Labor Statistics caused a sharp increase in the value of cryptocurrencies including Bitcoin (BTC). The US consumer price index drops from October’s 7.7% to November’s 7.1%. CPI for November was predicted to come
If they want to operate in Canada, cryptocurrency exchanges will have to comply with stricter regulations. Such as a prohibition on margin and leverage trading. The Canadian Securities Administrators (CSA) released new guidelines on Monday. That requires firms to keep their customers’ assets separate from their own. In August, organizations
Study examines sentiment of crypto owners and crypto curious following summer volatility and the collapse of FTX ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings Inc (NYSE: BKKT) (“Bakkt”), a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients, today released findings from
In an effort to avoid bankruptcy, crypto mining company Argo Blockchain has been seeking to “engage in an equipment financing transaction” and negotiate the sale of its assets, according to a company blog post. In a press release dated December 12, Argo Blockchain stated it was in “advanced negotiations” to
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
The world’s largest cryptocurrency exchange by trading volume, Binance, flooded with withdrawals on Monday following several news stories about the controversy among the Department of Justice (DOJ) charges. In addition, Binance native token BNB has experienced significant declines in its market cap. According to the CoinDesk report, Binance’s net outflows
