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The infamous cryptocurrency exchange Mt. Gox has once again hit the headlines , as significant transfers from its cold wallet have begun.

The stablecoin sector is gaining significant traction as it facilitates Russia in settling deals with China. Notably, this shifting focus towards crypto is driven by the challenges posed by international sanctions.

Russia's two largest unsanctioned metal producers have reportedly begun using Tether's USDT stablecoin for cross-border transactions with Chinese clients and suppliers. Russian commodities giants have reportedly started using stablecoins to settle cross-border transactions with China as the U.S.

The tumultuous realm of cryptocurrency, few rivalries have captured the attention of investors and enthusiasts quite like the ongoing feud between Ripple, Tether, and Bitcoin advocates. As accusations of spreading FUD, failed competition efforts, and regulatory battles dominate headlines, Ripple finds itself at a crossroads, grappling with the weight of industry scrutiny and the daunting task of charting a path forward amidst relentless opposition.

This week's Crypto Biz explores Kraken's stablecoin plans in Europe, the departure of Grayscale's CEO, Prometheum's Ether custody service that treats ETH as a security, and more.

Ripple CEO Brad Garlinghouse stands accused of spreading fear, uncertainty and doubt about Tether.

During the 2020-21 run, the rapidly growing crypto market necessitated enormous amounts of USDT and other stablecoins to be printed.

Transak, a leading fiat-to-crypto on-ramp service provider, has partnered with The Open Network (TON) to list the world's largest stablecoin, Tether (USDT), on the TON blockchain. This means that more than 5 million people in over 160 countries can now conduct USDT transactions on their Transak account.

The partnership promotes seamless Web3 transactions and opens up USDT to TON and Telegram's ecosystem of more than 900 million users.

The partnership promotes seamless Web3 transactions and opens up USDT to TON and Telegram's ecosystem of more than 900 million users.

Stablecoins have become an essential part of the blockchain space, offering stability in a highly volatile market. Although there are dozens of stablecoins with different collateral available to investors today, Tether's USDT remains the to-go choice for most crypto users.

Growing non-empty stablecoin wallets offer comfort amid fears of potential crypto market retracement.

Non-empty wallets for stablecoins such as Circle's USDC and Tether's USDT have been on the rise for a while now as crypto prices have recovered since the start of the year. This has come to a head as the non-empty wallets have grown double-digits in a very short time.

IntoTheBlock unveils a new dashboard that analyzes the use of USDT across different blockchain platforms.

Binance Square introduces a new activity where verified users can share links and complete tasks to unlock over 100 USDT in rewards.

This feature comes with zero service fees for an entire week. This development enhances flexibility and convenience for crypto enthusiasts, offering a seamless way to manage digital assets.

Binance Simple Earn announces the launch of USDT locked products, providing an 8.23% fixed APR.

Easily one of the biggest news items impacting not only cryptos to watch but myriad other markets was the completely unexpected death of Iranian President

Tether minted on Tuesday $1 billion USDT tokens on the Ethereum blockchain, capitalizing on growing hype around a potential spot Ethereum ETF approval. The market upswing was driven by hopes that the U.S.

Stablecoin issuer Tether minted $1 billion USDT tokens on the Ethereum blockchain, capitalizing on a market upswing driven by hopes that the US Securities and Exchange Commission (SEC) might approve a spot ETH ETF for trading this week.

In a rapidly evolving regulatory landscape, Kraken, a prominent US-based cryptocurrency exchange, has firmly stated that it has no plans to delist Tether (USDT) from its European platforms.

One of the latest episodes involved Kraken and Tether's USDT stablecoin.

Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken's Asset Growth and Management Business, clarified they will “continue to look at all options to offer USDT under the upcoming regime.

A Kraken executive denied the exchange plans to delist Tether's USDT stablecoin in Europe on May 18. Global Head of Asset Growth & Management Business Mark Greenberg said the company is examining “all options to offer USDT under the upcoming regime.