Cryptocurrency Analysis and News Portal
On September 17, a group of officials led by U.S. attorney Tracy Wilkinson have filed a civil complaint in the United States District Court for the Central District of California claiming that they have identified four digital wallets holding more than 9.8 million Tether (USDT) that was involved in wire
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The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has
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C-Trade, the trusted crypto derivatives exchange, is set to launch new USDT perpetual futures trading pairs, that includes BTCUSDT, ETHUSDT, DOGEUSDT, and XRPUSDT. The listings will enable traders to long or short several new trading pairs to mitigate the risks of trading in the crypto markets. With the coming launch of
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Bexplus is a crypto derivatives trading platform supporting futures trading for cryptocurrencies such as BTC, ETH, LTC, Dogecoin, etc. In addition, Bexplus has relisted XRP to diversify your portfolio, because its increasing values and features are proven to earn traders high profits. Furthermore, you can exploit 100X leverage on Bexplus
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Rewards Token, a yield farming, and liquidity mining protocol has launched on the top Binance Smart Chain (BSC) decentralized exchange PancakeSwap. The project is a platform where users HODL to earn passive income in USDT and REWARDS—its native token. The DeFi Tide In the wake of DeFi, projects across the board are
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After being listed by Coinbase Pro, Tether (USDT) price has experienced sharp growth. Tether (USDT), the oldest and leading stablecoin in the cryptocurrency market, has surpassed $50 billion market cap. Notably, there has been a significant demand for the dollar-pegged stablecoin, particularly Tether (USDT) as indicated
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In brief:An independent report from Moore Cayman confirms that USDT is backed by actual fiatThe report cites Tether’s Consolidated Reserves Report of February 28th as being accurateTether’s consolidated assets exceed its consolidated liabilitiesThe team at Tether maintains that USDT has always been fully backedUSDT’s market cap recently exceeded $40 BillionA
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In brief:The NY Attorney General’s office has settled with Bitfinex and TetherBitfinex and Tether will cease all operations in New YorkThey will also pay an $18.5 million fine alongside other requirements to increase transparencyThe New York Attorney General’s office has reached an $18.5 million settlement with Bitfinex and Tether for
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Tether printed 2 billion dollar-backed tokens last week, a new record for the leading stablecoin project.Over 24.6 billion tethers now circulate across Ethereum, Tron and Bitcoin’s Omni Layer, per data from Coin Metrics, up from 4.8 billion one year ago. The growth comes from a variety of factors, said Sam Trabucco,
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