Binance Helps Delhi Police Crack Solar Scam, Seizing 100,000 USDT in Crypto
Binance provided analytical support to Delhi Police that helped in tracing laundered funds and fake SIMs in a solar scam operation.
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Binance provided analytical support to Delhi Police that helped in tracing laundered funds and fake SIMs in a solar scam operation.
Tether USD (USDT), the largest stablecoin by market capitalization, has reached a significant milestone, surpassing the $120 billion mark.
Tether's USDT demand grows, pushing the stablecoin's market cap to a new all-time high.
The $120 billion USDT market cap could spill into Bitcoin and Ether, ending their seven-month downtrend and saving the “Uptober” narrative.
BlackRock's BUIDL token could challenge Tether's dominance in crypto derivatives, offering new collateral options and revenue streams.
Rising USDT dominance could precipitate a correction for Bitcoin's price.
Ryan Wedding, a former Canadian Olympic snowboarder, faces criminal charges for leading an international cocaine trafficking ring.
Stablecoins have achieved several milestones since the beginning of the year, hitting a new high of $172 billion in market capitalization.
A Canadian Olympic snowboarder and his gang used Tether (USDT) as part of its cocaine trafficking operation, U.S. authorities allege.
BlackRock is set to challenge USDT and USDC's dominance with its new proposal for crypto exchanges to adopt its BUIDL token as collateral on the derivatives market. This forms part of the world's asset manager's move to gain a greater hold of the crypto market, seeing as it already holds a significant amount of bitcoins
Bitfinex has invested in Plasma, a payments, real-world assets and decentralized finance infrastructure platform focused on Bitcoin. The Bitfinex team announced via X on Oct.
The Bitcoin-focused, EVM-compatible Plasma chain raised capital from friends and family, including Tether CEO Paolo Ardoino.
Tether (USDT) has been gaining major traction on the TRON network, according to recent data from CryptoQuant. In September 2024 alone, the TRON network facilitated $424 billion in USDT transfers.
Tether has reached a remarkable benchmark: its USDT stablecoin has amassed a user base that matches the entire population of the United States. Recent figures indicate that more than 330 million on-chain wallets have interacted with USDT by the end of the third quarter of 2024, a statistic that notably excludes users who utilize USDT solely through centralized exchanges like Coin base and Binance.
Tether's USDT, the largest crypto stablecoin, recently celebrated its 10th year in the industry. The company's growth has been impressive, thanks to its steady user base, holdings that include $97 billion in US government bonds, and its plans to partner with US law enforcement agencies to strengthen its brand.
Toncoin's rising adoption and USDT integration suggest a bullish long-term outlook.
Venezuelans have ramped up the use of Tether's USDT, as it has become one of the largest sources of dollar liquidity in national markets.
Tether is the most used stablecoin in the crypto ecosystem as users consider it an alternative to fiat.
Tether Holdings, the company behind the world's most widely used stable coin, USDT, is making a strategic move into the commodity trading sector. As the company seeks new avenues to deploy profits amid a recovering market, Tether is exploring lending options specifically tailored for commodity trading firms.
New data from Tether reveals that the number of people who have adopted the firm's USDT is now equivalent to the entire population of the United States.
Tether's USDT user growth saw its best quarter in Q3 and has increased by 9% on average over the last 12 months, cushioning the firm's possible expansion into more traditional finance markets. Tether reported that 36.
The world's largest stablecoin, USDT, now has 330 million users on-chain, according to the latest insights shared by its issuer, Tether, on October 16.
Stablecoin issuer Tether Holdings Ltd is reportedly considering venturing into commodity trade financing amid a growing cash pile. According to a Bloomberg report, Tether Holdings, which generated $5.2 billion in net profits in the first half of 2024, is exploring the possibility of providing loans to commodities trading firms.
Donald Trump's 2024 presidential campaign has seen a notable influx of cryptocurrency donations. A political action committee (PAC) supporting Trump pulled in $7.5 million during the third quarter, underscoring a growing interest from the crypto community. Trump Campaign Receives $7.