3 Key On-Chain Metrics May Explain Chainlink’s Meteoric Rise
1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020. Go to Source Powered by WPeMatico
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Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches
Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. Go to Source Powered by WPeMatico
Bitfinex Must Face New York’s Accusations Over the Loss of $850M in Co-Mingled Funds
The popular digital currency trading platform, Bitfinex must deal with the New York Office of the Attorney General (NYAG) over the alleged hiding of over $800 million in client and corporate funds. The NY state Supreme Court’s Appellate Division overruled an appeal on Thursday, after the company put forth the argument that tether (USDT) was … Read more
Tether Blacklists 39 Ethereum Addresses Worth Over $46 Million
Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses. Go to Source Powered by WPeMatico
New York Court Rejects Bitfinex Appeal Over $850M in Lost Funds
New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. Go to Source Powered by WPeMatico
Chinese Police Dismantle $14M Crypto Scam
The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. Go to Source Powered by WPeMatico
Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%
Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day … Read more
Expert: Digital Yuan Will Have a Hard Time Displacing Tether in Asia
China’s CBDC wants to displace the US dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT. Go to Source Powered by WPeMatico
TRX in Trouble? Binance Moves $300M Tether From Tron to Ethereum
Does this week’s 300 million USDT migration from Tron to Ethereum blockchain mean trouble is brewing for TRX? Go to Source Powered by WPeMatico
Tether Crosses $10B, Leaving Competing Stablecoins in the Dust
Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. Go to Source Powered by WPeMatico