Wednesday, April 9, 2025
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USDT market cap surges, while USDC and BUSD record massive declines

Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. USDT market cap chart on April 10 | Source: CoinMarketCap

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Massive supply chain attack targeting small number of crypto companies: Kaspersky

A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added. Cybersecurity company Crowdstrike reported on March 29 that it has identified malicious activity

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BTC price targets fix on $35K as Bitcoin eyes ‘massive’ liquidity squeeze

Bitcoin (BTC) stayed on course for its highest weekly close in ten months on April 2 as $28,000 held.BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC price analyst: "Massive" liquidations due at $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stable over the weekend after closing out March at near

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FTX presentation shows ‘massive shortfall’ in firm’s assets

Bankrupt cryptocurrency exchange FTX has revealed a "massive shortfall" in its digital asset and fiat currency holdings with billions worth of customer funds missing from both the exchange and its United States-based arm, FTX US.  On Mar. 2 the exchange released a presentation showing FTX had $2.2 billion in exchange

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Goldman Sachs still open to crypto hires amid massive 3,200 staff cut

Goldman Sachs’ digital assets unit is reportedly open to bolstering its 70-strong team, despite a massive cost-cutting exercise at the firm last month that will see 3,200 employees clear their desks.Mathew McDermott, Global Head of Digital Assets for Goldman Sachs said the bank remains “hugely supportive” of exploring blockchain applications and

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‘Metaverse’ Term Creator Neal Stephenson Not Bullish About Massive Adoption of Virtual Worlds – Metaverse Bitcoin News

Neal Stephenson, ostensibly the first to coin the term “metaverse,” issued his opinion about the future of the adoption of virtual worlds. The sci-fi writer and co-founder of Lamina1, a blockchain metaverse company, believes that building experiences that millions of people consider worth having in virtual worlds is quite difficult,

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Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network. Secured on Ethereum and powered by layer-2 network Optimism, Base aims to eventually become a network for

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