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Ethereum ‘Flippens’ Stablecoins to Become the Most Used Blockchain
21.7.2020
Increasing stablecoin use and the rise of DeFi has made Ethereum the most used blockchain
Sizeable Portion of Tether’s $4.5B Growth Comes From Exchange Fiat
21.7.2020
Tether rose quickly to $9.1 billion in 2020 as supply doubled since March, but some of that is old money being repurposed into USDT
Binance Futures Launches SXP/USDT Perpetual Contract
21.7.2020
Binance Futures, the leading futures trading platform helmed by globally-acclaimed cryptocurrency exchange Binance, has announced to launch a new product offering for its customers- the SXP/USDT perpetual contract on the network. The exchange initiated the trading process at 9:00 AM (UTC) on July...
Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’
21.7.2020
With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino
$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens
19.7.2020
During the first week of July, crypto supporters noticed that Tether issued 1,010 stablecoins via the Simple Ledger Protocol (SLP) framework on Bitcoin Cash. Now there’s a much larger amount of SLP-based tethers in circulation as the company has minted a total of 6 million on the Bitcoin Cash...
Stablecoin Supply Doubles to 12 billion Following a 50% Cryptocurrency Market Price Drop
18.7.2020
The total supply of stablecoins in existence has doubled to 12 billion, following an increased demand sparked off by the March 12 (Black Thursday) 50% crypto price crash. The findings from the latest research study by Coin Metrics, which is sponsored by Bitstamp, show that it took a period between...
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches
14.7.2020
Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
10.7.2020
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after...
Tether Blacklists 39 Ethereum Addresses Worth Over $46 Million
10.7.2020
Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses
Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction
8.7.2020
Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
8.7.2020
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able...
The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network
7.7.2020
The most popular stablecoin tether (USDT) has officially been minted on the Bitcoin Cash blockchain via the Simple Ledger Protocol (SLP). At press time there’s only 1,010 SLP-based USDT in circulation, as the firm Tether Limited seems to be issuing small amounts and testing the SLP framework....
TRX in Trouble? Binance Moves $300M Tether From Tron to Ethereum
2.7.2020
Does this week’s 300 million USDT migration from Tron to Ethereum blockchain mean trouble is brewing for TRX?
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
Buy Stablecoins With Your Credit Card in Lumi Wallet
24.6.2020
Lumi Wallet announced that from June 2020, Tether USDT, Binance USD, Paxos Standard Token, Celsius and Dai are available to purchase in Lumi Wallet with a credit card. The highest grossing stablecoins on the crypto market are fully integrated for exchange and purchase in-wallet. Transactions under...
Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading
22.6.2020
BigONE Exchange, one of the world’s safest crypto exchanges, has taken on a new sheen as it just launched a brand new VIP system that converts a user’s every engagement with the platform into his or her own benefits, be they discount on spot trading fees, reduction on leverage interests...
HaruBank Collaborates with BitGo to Ensure Security of Its Clients’ Crypto Asset
19.6.2020
BitGo, a market leader and a multi-sig technology pioneer, will now offer its business hot wallet services to HaruBank. Users of HaruBank will have their assets secured by BitGo, ensuring peace of mind. HaruBank was established in 2019. It operates a crypto depository service, which experienced...
FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy
18.6.2020
Crypto exchange FTX is launching COMP derivatives later today as deposits on the Compound DeFi platform soar past $300 million