USDT-settled futures contracts are gaining popularity, here’s why
Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader? Go to Source Powered by WPeMatico
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Stablecoin adoption and pivot to DeFi drive Algorand (ALGO) price higher
Algorand rallied to a multi-year high after the network emerged as a possible choice for central bank digital currencies and the team revealed its DeFi plans. Go to Source Powered by WPeMatico
Too late for Tether ‘FUD’ as Bitcoin price poised to hit $63K, says trader filbfilb
Accusations around Tether bringing down Bitcoin at a later date are dead in the water, the analyst argues in the wake of S&P500 adoption. Go to Source Powered by WPeMatico
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought by the New York attorney-general against Tether parent-company iFinex for fraud … Read more
After Yearn exploit, attacker funds frozen and reimbursement plans developing
Seized funds bring the damage down to $9 million as multiple communities ponder the next step in reimbursing user funds Go to Source Powered by WPeMatico
Coin Metrics co-founder takes aim at WSJ’s Tether FUD
Reputable data analyst fires back at “wild theories” about Tether reported by the Wall Street Journal. Go to Source Powered by WPeMatico
USDC on exchanges doubled in January while Tether’s dominance fell to new lows
USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever. Go to Source Powered by WPeMatico
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance. Go to Source Powered by WPeMatico
USDT Transactions on Tron Surpassed Ethereum Tether Transactions Every Day in 2021
During the last two months, tether transactions have spiked considerably. More recently, however, USDT transactions on the Tron network have outpaced the number of tether transfers on the Ethereum blockchain. Despite a whole lot more ERC20-based tethers in the wild, the minted stablecoin using the TRC20 standard has seen a much larger transaction count all … Read more
Robbers Take $450K From a Tether Trader During an In-Person Transaction in Hong Kong — Second Incident in 2021
Hong Kong police are investigating the second incident in the year involving an offline cryptocurrency transaction. A female trader is reportedly the latest victim of robbers who stole her HKD 3.5 million ($451,000) worth in tether (USDT) tokens. One of the Robbers Gained Female’s Trust by Performing Three Successful Transactions According to the South China … Read more
