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Some cryptocurrencies have managed to overcome difficulties generated by crypto winter and are struggling to maintain parity against the dollar.

Ethereum ($ERC) is one of the most popular blockchains in the world. Currently, Ethereum smart-contract network is valued at more than $500 billion and supports over 3,500 decentralized apps.

Two biggest stables on market are rapidly losing their capitalization, and there are numerous reasons

Open-source, decentralized blockchain network, Harmony, has officially upgraded its LayerZero bridge. The blockchain network was announced on Friday, 25th November 2022.

Poloniex just announced the suspension of support for stablecoins on the BSC layer.

As a major development, the Poloniex crypto exchange has announced that from November 24, it will stop deposits and withdrawals functions for stablecoins on the BEP20 (BSC) network. These include USDT, USDC, TUSD and Binance's own BUSD.

The second-largest cryptocurrency exchange in the world, FTX, filed for bankruptcy in the US on November 11, 2022. Following market worries about FTX's financial stability and related transfers to Alameda Research, a trading firm owned by FTX's founder, Sam Bankman-Fried, FTX was unable to meet customer withdrawals (worth about $5 billion).

Beleaguered crypto exchange FTX's connection with Tether remains in question as the banks used by both companies are run by the same person. FTX's Alameda Research invested $11.5 million in Farmington State Bank's parent FBH, run by Jean Chalopin.

Tether co-founder William Quigley joins 'Squawk on the Street' to discuss whether Quigley believes we're currently in a 'crypto winter,' why precious metals are part of crypto reserves and if Quigley wants more information from crypto companies.

The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion.

After unveiling a football cup that will run concurrent with the ongoing FIFA World Cup, the crypto exchange platform OKX has gone a step further to assist the OKX Football Cup players to mint free OKX Football Cup NFTs.  While players are required to stake 0.

With the Federal Reserve committed to killing inflation, the narrative for cryptos should focus on long-term accumulation.

To allay the concerns of global investors Dogecoin's founder, Shibetoshi Nakamoto believes that the collapse of either the cryptocurrency exchange Binance or the stablecoin issuer Tether might drastically shake up the entire market. He now has some sound guidance for seasoned investors.

The knock-on failures after the FTX/Alameda collapse and the situation of the Tether stablecoin

Tether, the largest stablecoin issuer in the world, has released a statement assuring investors that USDT is in no way affected by the meltdown of crypto exchange FTX and its trading arm Alameda Research.

Solana's biggest project, the decentralized exchange Serum, had to carry out an emergency hard fork for fears that private upgrade keys held by FTX were compromised.

You asked for more passive income videos; your wish is my command. I know they are popular, especially in this rough bear market.

In a backward move for the Solana ecosystem, stablecoin issuer Tether is set to swap 1 billion USDT on Solana for ERC20 tokens for use on Ethereum The post Tether Ditches Solana, Performs $1 Billion USDT Swap appeared first on BeInCrypto.

Tether released a statement to address the FUD surrounding USDT Weighted sentiment saw an uptick, transaction count fell Owing to the uncertainty being fueled by FTX's collapse, many members of the crypto-community have suspected that USDT could also be exposed to its negative impact.

Tether, the issuer of the USDT stablecoin, said it was conducting a chain swap to move 1 billion USDT from Solana to Ethereum. The post Tether says it's moving 1 billion USDT from Solana to Ethereum appeared first on The Block.

Binance resumed deposits of Tether on Friday, a day after an unexplained pause, while USD Coin remained on hold.

As worries about contagion risks persist, the cryptocurrency market has been under a lot of pressure recently. This happened after FTX, the second-largest cryptocurrency exchange in the world after Binance, collapsed. The failure of a $32 billion cryptocurrency exchange has brought stablecoins to public attention.

Analysts reveal their fears concerning the level of exposure Tether has to the FTX's crash.

Tether, the biggest stablecoin issuer in the world, has made sure that USDT on the Solana network poses no hazards.