Auto Added by WPeMatico

Victim of 90 ETH exploit set to claw funds back after hacker was blacklisted

The hacker’s wallet with more than $100K worth of USDT was blacklisted and frozen, while the Victim had been drained for almost $170K worth of NFTs and other assets.

Continue ReadingVictim of 90 ETH exploit set to claw funds back after hacker was blacklisted

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized…

Continue ReadingStablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With…

Continue ReadingTether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions