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Tether Mistakenly Minted 5 Billion USDT and Immediately Burned Them

Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni

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Crypto Friendly Regulation can Help UK Brexit, Says $10 Billion Advisory Giant

The CEO of financial advisory giant deVere Group said positive cryptocurrency regulation should form a central part of the post-Brexit United Kingdom. Nigel Green made the comments in an interview with fintech news outlet Verdict on July 9.DeVere, which has around $10 billion of assets under advice, is concerned

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Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a joint press release published on Tezos Foundation’s website on July 3.The new initiative is a collaboration between

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Crypto Market Up $20 Billion Post Bitcoin Rally: BCH, LTC, EOS, ADA Analysis

The total crypto market cap found support near the $270.0B level and recently recovered.Bitcoin price rallied more than 8% and recovered above the $11,000 resistance area.Litecoin (LTC) price is currently above $120, but facing resistances near $122 and $124.BCH price is stable above the $400 level and it is slowly

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25 Bitcoin Transactions Worth $6 Billion Included in One Block

Several high-value bitcoin (BTC) transactions were included in a single block on June 30.Bitcoin Block Bot, a Twitter account dedicated to reporting significant bitcoin (BTC) transactions reported that 25 bitcoin transactions worth $6 billion were included in block 583,139 on June 30.Cryptocurrency news outlet AmbCrypto reported that all the

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