Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit
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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering…
Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong
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Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000,…
Arthur Hayes' Maelstrom Launches Bitcoin Grant Program to Boost Technical Development
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BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the…
Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
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Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong…
Hong Kong Boy Kidnapped, Ransom Demanded in USDT: Report
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In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the…
Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
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Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also…
Could Uphold's Tether Delisting Signal Trouble for USDT in Europe?
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A popular New York-based crypto exchange, Uphold, announced the delisting of six stablecoins in response to the upcoming MiCA regulation in the…
Tether on TRON Network Surpasses Visa's Average Daily Volume Hitting $53B
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The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume…
Tether's 'Genius Idea:' Launching aUSDT, a Gold-Backed Stablecoin with Higher Profit Potential
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On June 17, Tether CEO Paolo Ardoino announced aUSDT, a new synthetic dollar over-collateralized by XAUt, Tether’s gold-backed digital asset. In a…
Bitcoin Supply on Exchanges Hits Dec 2021 Lows: What Does it Mean for BTC’s Price?
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Bitcoin’s price surged to $70,000 briefly this week but faltered soon after failing to sustain the momentum and took a sharp turn….