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Hackers have made off with more than $8 million worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Dai (DAI) after exploiting the Web3 crypto wallet BitKeep. The blockchain security firm PeckShield reveals that the bad actors stole approximately 4,373 BNB, 5.4 million USDT, 196,000 DAI and 1,233.21 ETH.

Let's talk about the new ByBit promotion and teach you how to participate in their newest tournament to win up to 200,000 USDT in bonuses.

With cryptos currently mired in the lull of the holiday season, it's best for investors to stay vigilant rather than to make big moves.

The latest performance shows that stablecoin transactions are close to attaining the level of some of the major card payment providers.

In an election campaign, Prime Minister Fumio Kishida promised citizens what he called "New Capitalism"

Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time.

None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC.

This is the second exploit affecting the popular wallet in the past several months.

Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people's attention is the fact that the Optimism chain seems to be unrivaled and unmoved by the chaos happening in the crypto space.

In a recent development, it was observed that despite the volatility faced by the market, the total trading volume of stablecoins set a new record in 2022, reaching 7.4 trillion U.S. dollars. Even though the overall stablecoin space witnessed growth, the same couldn't be said for USDT.

The recently published Merkle tree PoR program covers Bitcoin, Ethereum, and Tether.

OKX joins a long list of crypto firms rushing to prove their stability, but regulators continue to question the reliability of such reports.

Recently, the Optimism network experienced an anomalous uptick in stablecoin transactions. Numerous theories on what might be to blame have arisen due to this.

The second edition of the Swiss city's crypto event will be held in October next year

Wanchain, the leading entity for provision of blockchain interoperability, has introduced USDT XFlows on a decentralized digital forum Tron Network.

Bitcoin, Ethereum, and Tether were classified as commodities by the Commodity Futures Trading Commission (CFTC) in its action against the former FTX CEO.

Wanchain is already a leader in decentralized bridges. They make it easier to move tokens across chains.

Ceases lending activities and returns to reassure everyone about hedges

Although the SBF controversy may have cooled off a bit for now, cryptos still face significant pressure from the Fed.

In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. The post Analysis of on-chain stablecoin data reveals decline in USDT dominance appeared first on CryptoSlate.

This morning, the leading cryptocurrencies are trading in the negative after seeing a short bullish run yesterday and the day before. Additionally, the overall cryptocurrency market is experiencing increased selling pressure. This is most likely a direct result of the Federal Reserve's decision to boost interest rates by 50 basis points.

Blockchain data shows that cryptocurrency whales have been “massively” accumulating stablecoins including Binance USD, DAI, and Tethers USDT, all while Bitcoin whales have been adding to their war chests as well.

The U.S. Commodity Futures Trading Commission (CFTC) is listing three crypto assets that it considers to be commodities.

Alfred's comment comes after bombshell report about coordinated effort by exchanges to allegedly save Tether (USDT)