WazirX freezes $3M in USDT amid recovery efforts from $230M security breach
Crypto exchange WazirX, the largest crypto exchange in India, has frozen $3 million in USDT from last year's catastrophic security breach.
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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.
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.
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.
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.