Auto Added by WPeMatico

TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

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…

Continue ReadingTRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer…

Continue ReadingVitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash 

On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device…

Continue ReadingBitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash 

Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack

On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing…

Continue ReadingBitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

This week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s…

Continue ReadingTokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

Bitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead

On March 29, 2024, with a trading price of $70,075, and oscillating within a 24-hour range of $68,362 to $71,754, bitcoin’s current market behavior reveals significant consolidation and neutrality. Bitcoin…

Continue ReadingBitcoin Technical Analysis: BTC Consolidation Points to Potential Shifts Ahead

UK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange

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…

Continue ReadingUK, US Probe $20B in USDT Transfers by Sanctioned Russian Crypto Exchange