The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump's Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing.
President-elect Donald Trump recently nominated Cantor CEO Howard Lutnick for Commerce Secretary.
Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.
The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration's economic agenda.
Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.
FTT, the native token of the bankrupt FTX exchange, surged 36% to a high of $2.96, following FTX's court-approved reorganization plan.
Story Highlights FTX reveals its $8 billion repayment plan, to begin in March 2025. The FTT price soars 30% in 24 hours with a 284% jump in trading volume. Technical sentiments record increased positive action, hinting at retesting a higher price target.
After nearly two years of waiting, FTX creditors finally see light at the end of the tunnel. The reorganization plan is set to begin in January 2025.
FTT, the native token of the bankrupt cryptocurrency exchange FTX, has experienced a 36% price surge in the past 24 hours. It now trades at a monthly high of $2.61.
TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.
A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.
TRON's November recovery means the network is in a good position right now.
As crypto grows, so does the list of complex terms to understand — like utility tokens.
A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain. Blockchain security firm Scam Sniffer reported the incident on Nov. 20, detailing how the stolen funds were unexpectedly returned within hours.
A crypto investor lost a substantial amount of USDT tokens to a phishing address but eventually witnessed a return of the funds hours later.
The story of a user who unwittingly sent $129 million USDT to a phishing address and miraculously retrieved all the funds is truly unprecedented. Originally reported by Wu Blockchain, this case highlights the risks inherent in cryptocurrency transactions while presenting an extraordinary recovery scenario.
Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.
World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov.
Hadron supports multiple smart-contract-enabled blockchains, even the Bitcoin Layer 2 solution known as Liquid by Blockstream.
Tether has launched Hadron, a new platform that allows users to convert traditional assets into digital tokens, supporting various asset types and incorporating security measures that leverage the company's experience in managing $125 billion in assets.
Hadron by Tether introduces a modular system to issue and manage digital assets.
Tether launches Hadron, a platform aimed at simplifying asset tokenization for a broad audience, including institutions and governments, enhancing security and compliance.
Stablecoin leader Tether has unveiled Hadron, a tokenization stage, as demand for tokenized financial instruments on decentralized networks surges.
Tether launched a new tokenization platform called Hadron, which aims to service institutions, corporations, fund managers, and governments, according to a Nov. 14 press release. The platform will allow clients to tokenize assets ranging from stocks and bonds to stablecoins and loyalty points.
Hadron plans to let users tokenize a wide variety of assets, including stocks, bonds, stablecoins, and loyalty points.
Tether's new Hadron platform aims to make asset tokenization accessible to institutions, businesses, and governments, simplifying the process for everything from stocks to loyalty points. The post Tether Launches Hadron Platform for Simplified Asset Tokenization appeared first on Cryptonews.
Tether has introduced Hadron, a new platform aimed at expanding asset tokenization to a broader market. Tether Launches Hadron Platform Tether, known as a leading issuer of stablecoins, has launched Hadron, a platform designed to streamline the process of asset tokenization. According to the announcement shared with Bitcoin.
Binance Futures introduces the Memecoin Carnival, offering a 17,600 USDT prize pool for eligible traders. Participants can trade DOGEUSDT and other designated memecoin contracts to win rewards.
The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
Tether, the crypto firm behind USDT, revealed on Thursday that it has launched its asset tokenization service after CEO Paolo Ardoino teased the project for months. It announced the launch of Hadron, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more.
Tether specifically mentions users being able to tokenized of stocks, bonds, stablecoins and loyalty points.
The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin.
TL;DR Tether has launched Hadron, a platform that facilitates the tokenization of physical and digital assets, accessible without advanced technical knowledge. Hadron, currently in beta, enables the tokenization of assets such as stocks, real estate, and bonds, with a global and sectoral focus.
Tether has minted an additional 2 billion USDT today, bringing the total to 7 billion USDT over the past six days.
Tether launches Hadron, a global platform for compliant asset tokenization, enabling seamless tokenization of equities and real estate. The post Tether launches tokenization platform Hadron for real-world assets appeared first on Crypto Briefing.
A Ukrainian man reportedly lost $500,000 worth of USDT after being set up for a robbery in a Thailand hotel room. The Bangkok Post reports that Viacheslav Leibov, 23, told Thailand police a friend of his invited him to visit a hotel room in Phuket when criminals wearing masks accosted him.
With President-elect Donald Trump currently making important appointments, reports have projected the name of Howard Lutnick, the CEO of financial services firm Cantor Fitzgerald as a top contender for US Treasury Sec role. With the push to do something different under the incoming Trump administration, the speculations around Lutnick is driving conversations on crypto X.
USDT exchange inflows soar to over $1.8 billion, marking the second time within six days. This surge hints at bullish moves for Bitcoin.
The largest stablecoin in the world follows the crypto rally.
Adventure Gold (AGLD), MultiverseX (EGLD), Filecoin (FIL), Lumiwave (LWA), Near Protocol (NEAR), Stellar Lumens (XLM) and others.
Leading stablecoin issuer Tether has channeled 1.25 billion USDT into centralized exchanges in the last 24 hours as demand for digital assets continues to rise. The ongoing crypto market resurgence has created a rising demand for stablecoins that contribute significantly to the growing crypto ecosystem.
A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the robbers' demands.
Crypto is a popular target for cybercriminals, who rely on its anonymity and lack of regulation. These crimes often target individuals online through hacking and ransomware.
CryptoQuant data reveals over $1.3 billion in daily USDT net inflows, marking a record-breaking surge in just one week.
Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin's rally near the $90,000 milestone. Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances with $1 billion minted on Nov. 6, contributing to Bitcoin's climb to a record high of $76,200.
Tether moves towards supporting AI-powered products via its new software development kits.