Auto Added by WPeMatico

Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor

Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists…

Continue ReadingTether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor

Tether announces $18.75M investment in XREX Group to boost crypto adoption and financial inclusion

Tether announced a strategic $18.75M investment in XREX, aiming to enhance cross-border payments and promote financial inclusion. The post Tether announces $18.75M investment in XREX Group to boost crypto adoption…

Continue ReadingTether announces $18.75M investment in XREX Group to boost crypto adoption and financial inclusion

First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud

Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85…

Continue ReadingFirst Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud

Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent

Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using…

Continue ReadingCompanies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent

Bitdeer Announces $100 Million Investment From Tether

On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to…

Continue ReadingBitdeer Announces $100 Million Investment From Tether

Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum

This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of…

Continue ReadingAnalyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum

Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam

Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the…

Continue ReadingHong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam

Tether CEO Hints at Development of Global P2P Financial Markets Terminal

Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the payments area,…

Continue ReadingTether CEO Hints at Development of Global P2P Financial Markets Terminal

Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’

Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid…

Continue ReadingTether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’