Keep up with what's happening in the crypto world in real-time.
All Filters (1)
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov.
The partnership between The Open Network (TON) and Tether has reached new heights as the USDT stablecoin experienced a massive surge in just a few months since the start of their collaboration. A remarkable feat that saw a massive increase in the USDT on TON hitting over $1 billion in only six months, an indicator of the capability of the emerging dynamic duo.
Leading crypto firms including Paxos, Kraken, Galaxy Digital, and Robinhood announced the formation of the Global Dollar Network to enhance stablecoin adoption globally.
Reports indicate that Tether's USDT, the largest stablecoin globally by market capitalization, may be experiencing increased adoption in countries facing sanctions.
Tether, the world's largest stablecoin, is witnessing an increased utilization of its USDT token in countries that are currently facing international sanctions, such as Russia and Iran. According to a recent report from Bloomberg, which draws on data from blockchain analytics firm Chainalysis, this trend is particularly evident in major urban centers across Eastern Europe, the Middle East, and Africa.
Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false domestic search that involved the attempted extortion of 10 million USDT from a victim.
Tether's execs are refuting the latest episode of FUD in the crypto-community today.
The Open Network (TON) Society cofounder Jack Booth talked to CryptoNews at The Gateway event in Dubai about Telegram retaining privacy features and the use case for Tether's Dirham-Pegged Stablecoins. The post TON Society Co-Founder Talks Telegram Privacy and Tether's Dirham-Pegged Stablecoins appeared first on Cryptonews.
Paolo Ardoino, the chief executive officer of Tether, said Tether has no plans of building a an official blockchain ‘at this time' after hearing rumors of Tether Chain. In an X post on Nov.
TL;DR Paolo Ardoino has clarified that Tether is not planning to build an official blockchain, emphasizing the importance of maintaining neutrality and supporting USDT integration across various networks. Tether continues to expand and introduce new products, including a Dirham-pegged stablecoin on the TON blockchain while remaining blockchain-agnostic to focus on security and sustainability.
Tether CEO Paolo Ardoino has dismissed recent speculation about the company's plans to launch a proprietary blockchain network. In a Nov. 3 post on X, Ardoino clarified that Tether does not intend to create its blockchain.
Toncoin (TON) has seen its USDT holdings surpass the $1 billion mark following an astounding 670% surge in just six months. This achievement places the Telegram-linked blockchain among the top ten networks in terms of stablecoin dominance, just below Ethereum's Optimism.
Tether is not planning to build an official blockchain at this time, as "neutrality is very important." The post Tether Drops Plan To Build an Official Blockchain As of Now: CEO appeared first on Cryptonews.
TON's exceptional stablecoin growth hasn't stirred its price chart performance. Not yet.
Tether CEO Paolo Ardoino shut down rumors of a Tether blockchain, declaring, “Tether is not planning to build an official blockchain at this time.” Instead, Tether backs the integration of its stablecoin, USDT, on various networks to support decentralized use cases, like gas fees, on independent Layer 2 (L2) solutions.
The world's largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.
Thai authorities have arrested six police officers and one civilian for using a fake warrant to stage an arrest and extort 165,000 USDT from an expat. The victim, a Chinese-Vanuatu national, filed a complaint along with his wife and other family members at a Bang Sue police station.
Tether's latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.
The TON Network is evolving at a very fast pace, with enablement from Tether (USDT). The duo inked their partnership in April this year, charting a positive bullish growth curve from that time to date.
Thai investigators arrest six police officers for their alleged role in a $10 million USDT extortion case.
Tether's Q3 net profit of $2.5 billion underscores its dominance, showcasing the stablecoin's growing appeal and financial resilience.
Tether Limited has announced a remarkable net profit of $2.5 billion for the third quarter, bringing its total profits for the year to a record-setting $7.7 billion.
On Thursday, Tether (USDT), the world's largest stablecoin issuer, released its third-quarter (Q3) assurance opinion report, revealing substantial financial results amid the broader market recovery led by Bitcoin (BTC). Total Tether Assets Reach All-Time High Conducted by accounting firm BDO, the report highlights Tether's growth, with a net profit of $2.5 billion for Q3, contributing to a consolidated profit of $7.7 billion for the first nine months of 2024.
Thai police arrested seven individuals, including six officers, for allegedly staging a fake arrest and extorting 165,000 USDT from a Chinese-Vanuatu citizen. Fraudulent Legal Threats Thai police recently arrested six police officers and one civilian after a Chinese-Vanuatu citizen filed a complaint accusing them of staging a fake arrest and extorting 165,000 USDT.
