Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Tether, a major player in the cryptocurrency realm, is becoming the go-to tool for money launderers and fraudsters in Southeast Asia, according to a recent UN report. The report, released by the UN's Office on Drugs and Crime, highlights the alarming rise of scams, particularly the infamous “pig butchering” tactic, involving false romantic connections.
2024 starts with a total market capitalization of 95 billion dollars.
In a recent development that has stirred concerns within the global financial community, the United Nations Office on Drugs and Crime (UNODC) has released a report underlining the increasing use of Tether, a leading cryptocurrency platform, in illicit financial activities across Southeast Asia.
The United Nations (UN) has warned about the increasing use of Tether's USDT stablecoin for money laundering and scams in Southeast Asia. In a report, the UN expressed concerns about the prominent role that USDT has played in illegal activities, particularly in the region.
A recent UN report casts a stark light on the cryptocurrency giant, Tether, revealing its significant role in Southeast Asia's crypto crime wave. Amid this concern, Tether's market cap has soared, nearing a monumental $100 billion and securing a dominant 73% market share.
UN warned Monday that USDT has become a prominent payment method for criminal groups in Southeast Asia, the Financial Times reported.
Tether is at the center of scams involving false connections, with a surge in advanced money laundering teams, as per the UN Tether report.
Tether's USDT stablecoin is fueling a surge in scams in Asia, a recent report from the UN's office on drugs and crime says.
Crypto's biggest company now has over 100 billion stablecoins in circulation, as other stablecoin issuers battle for its scraps.
Crypto's biggest company now has over 100 billion stablecoins in circulation, as other stablecoin issuers battle for its scraps.
In an exciting turn of events, the TRON community has made a significant impact on the broader crypto market. TRON founder Justin Sun recently praised the community's impressive achievements in the crypto world.
In an exciting curve of events, the TRON community appears to have showcased a burst of breakthroughs across the broader crypto market on Saturday, as TRON founder Justin Sun spotlighted the community's staggering developments within the crypto world. As seen in a recent post by Justin on the social media platform X, the Chinese-born Grenadian
Financial firms in the U.S. are “not too comfortable” with USDT and would rather worldwide crypto users execute their stablecoin transactions in USDC.
In a recent development reported by Arkham Intelligence, Cumberland, a prominent crypto trading firm and market maker, has executed significant transactions involving Tethers stablecoin USDT. Within the last 24 hours, Cumberland deposited a substantial amount, estimated to be up to $120 million, into major cryptocurrency exchanges such as Coinbase, OKX, and Kraken.
Today, a Tether (USDT) whale deposited $239 million into crypto exchanges. The latest deposit takes the total liquidity they added to stablecoin markets in the past three months to around $2.9 billion, which Tether could need ahead of onslaught by banks.
William Quigley, Tether and Worldwide Asset Exchange co-founder, joins 'Squawk on the Street' to discuss how the bitcoin ETF decision impacts Quigley, questions Quigley has about the mechanics of a Bitcoin ETF, and more.
Yesterday afternoon, Tether finalized the minting of 1 billion USDT.
The growth of Tether (USDT) in Aave V3 on Mainnet
Crypto trading firm and market maker Cumberland moved millions in USDT to exchanges after receiving $2.8 billion from Tether's treasury over three months.
With the U.S. Securities and Exchange Commission (SEC) facing a Jan.
Welcome to Latam Insights, a compendium of Latin America's most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina advises to receive bitcoins in the upcoming asset regularization process.
Binance has unveiled its fourteenth proof of reserve, providing a comprehensive snapshot of user assets as of January 1.
Recent speculation sparked by Gabor Gurbacs, a strategic advisor for VanEck and Tether, has heightened the anticipation surrounding Bitcoin ETFs. Gurbacs, known for insightful social media posts, stirred discussions about the psychological aspect of investment, proposing a hypothetical launch price for Bitcoin ETFs at $44 per share.
Stablecoin TVL on the Tron network increased to all-time highs of around $48 billion.
