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PortuguêsIn a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research…
Continue ReadingIt’s Sam Bankman-Fried’s moment. The FTX and Alameda Ventures golden boy put both of his companies in a winning position and seems to be carrying the spoils away. The recent…
Continue ReadingDuring the past 30 days, $285 billion has left the crypto economy and bitcoin’s USD value hit a 2022 low at $17,593 per unit on June 18. Moreover, last month’s…
Continue ReadingThe crypto ecosystem is still dealing with the fallout caused by the collapse of the Terra ecosystem, the company behind stablecoin USDT, Tether, is being targeted by hedge funds. Confirmed…
Continue ReadingTether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT,…
Continue ReadingTether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news…
Continue ReadingTether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. Major stablecoin company Tether is…
Continue ReadingHolders of USDT were sent into a frenzy yesterday after Tether’s Chief Technical Officer Paolo Ardoino confirmed the incidence of a DDoS attack. Simply put, a DDoS attack happens when…
Continue ReadingBTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market. The total crypto market capitalization…
Continue ReadingIt has been a chaotic week for digital assets. Two firms may be inching closer to insolvency while Coinbase, one of the largest crypto exchanges, laid off almost a fifth…
Continue ReadingWith UST mixed into the dust and USDD struggling to keep up; could Tether be the next in line for the stablecoin massacre? The crypto market volatility has ramped up…
Continue ReadingDuring the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11,…
Continue ReadingAmid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been notably growing, with the market value surging to $55 billion. Tether (USDT), the biggest…
Continue ReadingNo user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds. Just two months…
Continue ReadingOn Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro (EUR). Allaire said that the new EUROC token…
Continue ReadingA separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels.…
Continue ReadingTether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. The major stablecoin company Tether is looking to…
Continue ReadingWith the crypto market’s decline, there have been a number of things that have changed drastically in the space. Mostly, investors have been rushing to get out of the market…
Continue ReadingThe rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. Do…
Continue ReadingAn improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making. The total crypto market capitalization has been…
Continue ReadingMajor cryptocurrencies like Bitcoin and Ethereum can sometimes go up or down in double-digit percentages in a single day. As a result, most people associate cryptocurrencies with volatility. But some…
Continue ReadingPaolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland. On a…
Continue ReadingThe asset will also be available on twelve other networks, including Ethereum, Solana and Polkadot, among others. Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT)…
Continue Reading15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange…
Continue ReadingThe parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after…
Continue ReadingDeclining demand for Tether, negative futures premiums for altcoins and the lack of inflow to the crypto sector are all signs that a rocky road is ahead. The total crypto…
Continue ReadingSome stablecoins have failed to deliver the dollar’s stability to crypto traders long before TerraUSD’s collapse. The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about…
Continue ReadingBinance CEO CZ voices skepticism around the relaunch of the Terra blockchain and its new LUNA token following the latest fiasco. Binance CEO Changpeng Zhao, also known as CZ, expressed…
Continue ReadingTether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. Capital Union, a Bahamas-based bank that reportedly holds…
Continue ReadingThe total crypto market capitalization recovered roughly 5%, but a variety of trading metrics show investors are skeptical about the rally being a trend change. On May 30, the total…
Continue ReadingConflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000. This week the stock markets began to flash a little green and Bitcoin…
Continue ReadingThe largest stablecoin with a market cap of $73 billion, Tether, ether has launched its native USDT on Polygon. The move is expected to help Tether gain ground as the…
Continue ReadingFollowing the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm has launched tether tokens on the Polygon network.…
Continue ReadingThrough a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said. Tether’s decision to launch a new digital asset pegged to the Mexican peso will be…
Continue ReadingThe stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly…
Continue ReadingData shows the top stablecoin USDT has lost some dominance following the collapse of UST. While other coins like USDC and BUSD have observed rather sharp growth. USDT Has Shed…
Continue ReadingThe market has serious concerns with regards to the so-called “stability” of much-talked-about stablecoins. With the market still trying to find a balance post the Terra debacle, Tether published a…
Continue ReadingThe co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally,…
Continue ReadingDAI tops it off as the strongest stablecoin to date despite Terra’s plunge. USDT and UST may have plummeted – but not DAI. It’s been a brutal two weeks in…
Continue ReadingSpoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back. Stablecoins are often discussed with regard to their “stability.” It is usually questioned…
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