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The market is still overwhelmingly influenced by the Tether (USDT), with traders and investors preferring it over major competitors. This inclination is due to its status as the largest digital…
Tether, the issuer of the world’s largest stablecoin USDT, is planning to launch five new projects in 2024, further expanding its reach beyond stablecoin issuance. Tether CEO Paolo Ardoino hinted…
A wallet linked to the well-known exchange Binance has been breached, leading to a significant loss of $27 million. The incident primarily involved the theft of Tether (USDT) and was…
The market supply of the largest stablecoin, Tether (USDT), has soared to a new all-time high, surpassing the just-set milestone of 84 billion. According to data from crypto market intelligence…
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions.…
Europe’s leading Bitcoin miner and data cloud provider – Northern Data – announced securing EUR 575 million (worth over $609 million) debt financing facility from stablecoin issuer, Tether after entering…
Crypto exchange Kraken has confirmed that it plans to close all trading, deposits, and withdrawals for Tether USD (USDT), Wrapped Bitcoin (WBTC), and other reserve-backed assets in Canada. The suspension…
Last week, the Wall Street Journal inaccurately reported that Hamas and affiliated terror groups had received tens of millions of dollars in cryptocurrency, which was allegedly being used to support…
In a surprising development, Senator Cynthia Lummis and Representative French Hill, popular pro-crypto lawmakers, have urged the U.S. Department of Justice to expedite the investigation against Binance and Tether for…
Gabbani, a hotel company based in Lugano, Switzerland, has unveiled an initiative to mine Bitcoin using excess energy from its food production facility. The new project is set to solidify…