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USDT Holders Can Now Earn 12-15% With a New Feature on Waves.Exchange
28.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The new OTC desk on Waves.Exchange allows investors to convert their Tether into USDN stablecoins that yield 12-15% in staking rewards – and then exchange them back to USDT at a 1:1 ratio.
Expanding the range...
Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On
27.9.2020
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply...
Smart Advertising Token SaTT Reveals ProBit as Next Exchange Listing
23.9.2020
Singapore, September 23, 2020 – Against the predominantly dim and drab ICO backdrop, smart advertising token SaTT ICO has continued to defy expectations. Alongside its remarkable ICO fundraising, the project is proud to announce yet another exchange listing, this time with the popular global...
Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
23.9.2020
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides
USDT Is A Game Changer For Online Poker
22.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
CoinPoker - the flagman of the industry, the biggest and the oldest pure crypto poker room is the first to introduce USDT as the in-game currency, solving the ever prevailing volatility issues and creating...
Global Hashpower Exchange Launches World’s First Exchange Dedicated to Hashpower Futures – GHPEX.com
22.9.2020
September 22, 2020 – Global Hash Power Exchange today announced the launch of GHPEX.com, the world’s first crypto exchange devoted to trading hashpower futures, signaling the next evolution of crypto trading. Designed for traders and miners in mind, GHPEX.com offers traders the ability...
US banking regulator authorizes federal banks to hold reserves for stablecoins
21.9.2020
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators
Tether market cap increases almost 4X in 2020 to $15 billion
18.9.2020
Tether supply surges to $15 billion but it could still be a house of cards
Record $113M BUSD stablecoin inflow shows Binance is serious about DeFi
16.9.2020
The rapidly growing market cap of Binance’s BUSD stablecoin shows the exchange is taking serious steps to become a major DeFi contender
New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’
15.9.2020
Bitfinex and Tether shouldn’t need more than two months to produce documents about USDT issuances and past operations in New York first ordered 17 months ago, an NYAG lawyer argued in a letter Monday
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...
SnapEx Announces World Trading Championship Season 2 with 200,000 USDT Prize Pool for 500 Winners
14.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
SnapEx, a fast-growing crypto contract trading platform catering to both beginner and experienced traders, has announced the latest round of their trading competition series. The SnapEx World Trading Championship...
Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders
13.9.2020
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
8.9.2020
The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion....
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
7.9.2020
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized...
Stablecoin market cap increases by $100M every single day
4.9.2020
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Binance Futures to Launch TRB/USDT and YFII/USDT Margin Trading
2.9.2020
World’s leading crypto trading platform Binance announced that it will launch Tellor (TRB) and DFI Money (YFII) margin trading against USDT with up to 50% leverage. The TRB/USDT and YFII/USDT perpetual contracts will go live on Binance futures on September 03, 07:00am UTC, and will use Tether...
DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows
1.9.2020
Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched
Tether tops Paypal and Bitcoin for average daily transfer value
26.8.2020
Average daily transfer value for Tether exceeded that for Bitcoin in August