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TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023
30.3.2024
A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was linked to illicit activity last year, with $19.3...
UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange
29.3.2024
The U.K. and the U.S. are reviewing tether transactions, valued at $20 billion, processed by the sanctioned cryptocurrency exchange Garantex. Digital currency transactions and crude oil sales are believed to be a significant source of foreign currency for Russia. Russia Sanctions Busting The U.K....
Tether cryptocurrency is moving towards decentralized AI
29.3.2024
Tether plays a leading role in crypto as the issuer of USDT, a stablecoin synced to the US dollar and one of the most used stablecoins. By filling this role, Tether facilitates smooth dealings, which ensures a hassle-free transition from conventional fiat currencies to the crypto sector, which...
Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins
29.3.2024
Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other tokens. This also benefits newcomers, making...
Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron
25.3.2024
Binance will no longer facilitate deposits and withdrawals of the USD-pegged stablecoin USDC using the Tron blockchain network.
The post Binance to Discontinue Support for USDC Stablecoin on Justin Sun’s Tron appeared first on Cryptonews
Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate
24.3.2024
According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their wealth, Turks are increasingly turning to gold, with...
Tether (USDT) & Binance Coin (BNB) investors eye Raffle Coin (RAFF) for unique raffle opportunities
22.3.2024
There are many ways to ride the volatile waves of the cryptocurrency market. For some, they choose the safe way to get a stablecoin. These stablecoins, usually pegged to fiat currencies like the US dollar, offer security against market fluctuations, and top of the list is Tether (USDT). For others...
Raffle Coin (RAFF) presale attracts major interest from Tether (USDT) & Binance Coin (BNB) traders
22.3.2024
In the ever-evolving cryptocurrency trading market, the allure of high-stakes opportunities has drawn the attention of investors worldwide. With Tether (USDT) and Binance Coin (BNB) traders at the forefront of this burgeoning interest, the Raffle Coin (RAFF) decentralized platform promises a unique...
Raffle Coin (RAFF) ignites interest among Dogecoin (DOGE) & Tether (USDT) holders, betting on a growth spurt
20.3.2024
The allure of Raffle Coin (RAFF) has spread far and wide, capturing the attention of Dogecoin (DOGE) and Tether (USDT) holders alike. As Dogecoin, originally created as a lighthearted take on cryptocurrencies, continues to surprise with its recent surge, investors are turning their gaze towards...
OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns
19.3.2024
OKX has discontinued support for cryptocurrency trading pairs involving Tether's USDT stablecoin for users based in the European Union (EU) and the European Economic Area (EEA).
The post OKX Delists Tether’s USDT for EU Users Amid Regulatory Concerns appeared first on Cryptonews
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users
18.3.2024
The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming E.U. rules will require stablecoin issuer to be licensed electronic money institutions
MEXC Slashes Leverage on GROK-USDT-M Futures
18.3.2024
A couple of days ago, MEXC Futures, a quite popular platform for futures trading, informed the users about their approach to letting traders use less leverage on futures trading. Effective from 05:10 UTC on 18th March 2024, the platform will be implementing the dropping of the maximum leverage...
Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
15.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks...
Tether Assists US DOJ and FBI in Seizure of $1.4 million dollars USDT in Stolen Funds
12.3.2024
The U.S. Attorney's Office announced the seizure of approximately $1.4 million in Tether (USDT) on March 8, suspected to be proceeds from a fraudulent customer support scam.
The post Tether Assists US DOJ and FBI in Seizure of $1.4 million dollars USDT in Stolen Funds appeared first on Cryptonews
Tether CTO Aims Dig At DCG For Doubting USDT’s Resilience
12.3.2024
As the crypto industry faced turmoil, Digital Currency Group (DCG) attempted to short Tether (USDT) amidst stability concerns. Tether's CTO, Paolo Ardoino, calls out the move as DCG now faces a lawsuit. The incident highlights the stark contrast between Tether's resilience and DCG's struggles.
The...
Tether Launches On Celo Chain
12.3.2024
Stablecoin leader Tether (USDT) has launched on the Celo blockchain, expanding its reach and targeting wider financial inclusion. Celo's mobile-first approach and diverse ecosystem offer new avenues for the popular stablecoin, potentially simplifying transactions and driving adoption in emerging...
USDT expands to Celo: A new era for mobile crypto
12.3.2024
Tether Operations Limited, also known as Tether, the central crypto platform, recently announced the integration of its stablecoin USDT on Celo, a unique blockchain based on a mobile approach accessible via the EVM platform. This shift will significantly impact the Tether and Celo ecosystems...
Tether Launches USDT on Celo Targeting Increased Usability
12.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability and accessibility...
Innovation continues: DeeStream (DST) skyrockets in early March presale; Tether (USDT) & Pepe Coin (PEPE) holders rush to capitalize
12.3.2024
In the ever-dynamic world of cryptocurrency, constant innovation propels the market forward. This article delves into the latest developments in the crypto realm, particularly highlighting the remarkable presale of DeeStream (DST) at the start of March. With the rise of Tether (USDT) and Pepe Coin...
Tether's USDT Now Available on Celo
11.3.2024
The USDT integration aims to boost cross-border payments and peer-to-peer transactions in developing regions