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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,…
Stablecoin giant Tether has announced a strategic investment in German-listed Bitcoin miner Northern Data Group (ETR: NB2), which the former says will be “the biggest independent AI Player in Europe.”…
In a somewhat surprising turnaround, Tether Holdings has resumed its stablecoin lending activities from its earlier intention to scale down such operations. The company has reinitiated the lending of its…
In a well-coordinated attack, Remitano Crypto Exchange allegedly suffered a major security breach, resulting in a loss of about $2.7 million across various cryptocurrencies. This attack was picked up on…
Tether is one of the leading global purchasers of US Treasury bills. According to Paolo Ardoino, the stablecoin issuer’s chief technology officer, USDT has now amassed a substantial $72.5 billion in…
The crypto analytics platform – Santiment – estimated that the combined market capitalization of the six largest stablecoins (USDT, USDC, BUSD, DAI, TUSD, and USDP) has shown signs of revival…
Stablecoin giant Tether has published another transparency report detailing the composition of its reserves, and the blockchains on which its tokens are issued. The report confirms that Tether has $3.3…