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Following an unexpected change in leadership, Tether seems to be charting an ambitious course for USDT. Despite facing substantial criticism regarding the perceived opacity of its reserve composition backing the…
In a recent fund analysis conducted by Bitrace on Tron addresses involved in over-the-counter (OTC) businesses, findings indicate that more than 3.439 billion USDT, categorized as ‘at risk,’ has flowed…
Conor Grogan, a director at Coinbase, recently took to X to point out that on-chain data reveals that Alameda Research minted 39.55 billion USDT tokens. This figure represents 47% of…
Stablecoin issuer Tether’s Chief Technology Officer Paolo Ardoino has been promoted to the role of CEO, marking an unexpected management overhaul in one of the prominent players in the industry.…
Galxe, a Web3 credentials and rewards platform, has taken measures to reassure its community in response to last week’s DNS attack. The platform announced a refund totaling slightly over $396,000…
iFinex, the owner of popular cryptocurrency exchange network BitFinex and collaborator with Tether Holdings Ltd, reportedly unveiled a $150 million share buyback plan. This new announcement marks a significant milestone…
Crypto market indicators show that the amount of Tether (USDT) currently sitting on exchanges is at the highest levels seen since March this year. According to a tweet by crypto…
With the global cryptocurrency market struggling with the bears seemingly in control, stablecoins are also facing a tough time. Over the past 18 months, the stablecoin market capitalization has experienced…
As estimated by the behavior analytics platform Santiment, Bitcoin sharks and whales (those addresses holding between 10 to 10,000 BTC) now own over 66% of the circulating supply of the…
The cryptocurrency industry is transforming significantly due to heightened government regulations, particularly in the United States. Many US-based crypto companies, especially exchanges, are considering strategies to shift their operations abroad,…