Indian crypto exchange WazirX freezes $3M of stolen USDT, the first asset recovery since the July 2024 cyberattack. Hackers exploit vulnerability in WazirX's multi-signature security to steal over $234M.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.
Tether Holdings Ltd. is expanding its footprint in the United States following impressive profit growth in 2024.
Crypto exchange WazirX, the largest crypto exchange in India, has frozen $3 million in USDT from last year's catastrophic security breach.
WazirX's fight against cybercrime has paid off with its recent freezing of $3 million worth of USDT.
Trump's pro-crypto stance has inspired Tether's US expansion plans, but the CEO admits the need for regulatory clarity before committing.
The Aave community is exploring new avenues to increase its revenue by considering Bitcoin mining. However, discussions on the Aave governance forum reveal some skepticism among token holders.
By tapping into this untapped opportunity, AAVE (GHO) aims to strengthen its treasury and increase Bitcoin holdings. This strategy will also enhance the stability of its stablecoin.
This initiative leverages LayerZero's top-tier cross-chain bridging technology. This will allow Tether's USDT to seamlessly operate across multiple blockchains.
Tether is eyeing US expansion while awaiting regulatory clarity, ramping up lobbying efforts, and expecting record-breaking profits for 2024.
Tether CEO revealed plans to expand business in the US ahead of Trump's inauguration. Largest stablecoin issuer bagged billions of profits in 2024 following Trump's election.
Tether has launched USDT0, a new cross-chain stablecoin on Kraken's Layer-2 network, designed to simplify USDT transfers across different blockchain platforms, with planned expansion to Berachain and MegaETH.
USDT0, the new omnichain stablecoin supported by LayerZero and guaranteed by Tether, represents a breakthrough for cross-chain liquidity.
Tether has filed a lawsuit against Swan Bitcoin, alleging serious contract violations in their shared Bitcoin mining venture, 2040 Energy, which was established in 2022.
Le Slapdrop Slap-to-Earn de Catslap dévoile son classement, mettant en avant les 10 meilleurs joueurs qui repartiront chacun avec 10 000 USDT. Les fonds, soit un total de 100 000 dollars, ont été transférés et peuvent être consultés via le portefeuille suivant : https://etherscan.io/address/0x5D1a7B8b3Ff10A11eD674FE51bfbcE5e63Cea0#tokentxns.
“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.
Tether Holdings Ltd. is expanding in the United States after making record profits in 2024 and amid expectations of a more crypto-friendly environment under the new president, Donald Trump.
Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The stablecoin company, which issues USDT, the largest fiat-pegged by market capitalization, announced that USDT0 aims to expand its capabilities to new blockchain environments.
Tether is launching a new cross-chain stablecoin, USDT0, in collaboration with Kraken. The token will largely focus on interoperability.
Tether has chosen Ink, Kraken's Ethereum-based layer-2 network, as the first platform for USDT0, with trading set to begin today at 15:00 UTC.
Some tokenholders are expressing doubts about the proposal's profitability for the DeFi lending protocol.
Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers.
Mining-as-a-service firm Blockware has proposed that DeFi protocol Aave create a Bitcoin treasury by mining Bitcoin. In a temperature check proposal submitted to the Aave DAO, the firm is offering to partner with the DeFi protocol to mine BTC.
Tether has announced the launch of the latest stablecoin – USDT0, which is now available on Kraken's Layer 2 solution built on Ethereum, Ink. This initiative is going to facilitate the compatibility of USDT stablecoin within various blockchain infrastructures.
TL;DR Tether launches its USDT0 token using Kraken's Ethereum scaling layer, known as Ink, to optimize transfers between blockchains. USDT0 aims to become a unified liquidity layer through LayerZero's Omnichain Fungible Token standard, offering greater efficiency and scalability.
Tether's cross-chain stablecoin solution, USDT0, has launched on Ink, the layer 2 blockchain by crypto exchange Kraken. In an announcement on Jan.
Tether debuts USDT0 on Krakens Ink Layer 2, with plans to expand its cross-chain stablecoin to MegaETH and Berachain. The post Tether debuts USDT0 stablecoin on Kraken's Ink Layer 2 appeared first on Crypto Briefing.
Kraken, founded in 2014, has doubled down on growth and “embraced startup mode," Ink creator Andrew Koller told The Block.
USDC achieved 78% circulation growth in 2024 through regulatory compliance and infrastructure expansion, though it still trails behind market leader Tether's $137.5 billion market cap.
Tether filed a lawsuit against Bitcoin financial services company Swan Bitcoin for alleged breaches of contract.
Ripple-promoted token XRP has flipped Tether's USDT stablecoin to claim its spot as the third-biggest crypto by market cap, trailing only Bitcoin (BTC) and Ethereum (ETH). XRP nearly touched the elusive $3 mark on Wednesday morning, reaching a level not seen since 2018.
Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy.
A report reveals that Tether, the world's leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute.
AAVE, the governance token of the decentralized finance (De Fi) platform Aave, is showing signs of a potential recovery after a recent dip in its price. The key factor driving this resurgence is the renewed demand from whales, which is significantly influencing AAVE's price action.
Tether filed a lawsuit against Swan Bitcoin, alleging breaches of agreements related to their 2022 Bitcoin mining joint venture.
Tether has initiated legal action against Swan Bitcoin, citing alleged breaches of contract related to their joint Bitcoin mining venture, established in 2022 under the name 2040 Energy.
Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment.
TL;DR Stablecoins accounted for 35.5% of all crypto transactions in 2024, with USDT leading at an impressive 97.2%. The United States leads cryptocurrency purchases, surpassing Germany and the United Kingdom, while Nigeria and Ukraine show rapid growth.
Tether, a prominent stablecoin issuer, has filed a lawsuit against Bitcoin financial services company Swan Bitcoin, accusing the firm of breaching their contractual agreements in a joint Bitcoin mining venture. The legal action, confirmed by Tether and co-claimant 2040 Energy on January 15, 2025, marks an escalation in a contentious dispute between the two companies.
In the ever-changing crypto market, seizing investment opportunities and accelerating wealth growth is a steadfast goal for every investor.
Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.
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The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
AAVE could be on the verge of a sizable recovery after last week's bearish performance. Demand is making a comeback with whales at the forefront.
Tether, the leading stablecoin issuer, has announced plans to relocate its operations to El Salvador after securing a Digital Asset Service Provider (DASP) license. This strategic move underscores Tether's commitment to advancing Bitcoin adoption and innovation in emerging markets.
Historically, Tether's USDT has dominated the cryptocurrency market as the primary source of crypto liquidity. However, data cited by on-chain tools have noticed an apparent shift in trader preferences as USDT loses some of its market grip to Circle's USDC and Binance's FDUSD.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Nayib Bukele, President of El Salvador, encouraged Rumble CEO Chris Pavolvski to relocate his company to the country. This comes one day after Tether announced its own move.