According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump's nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald.
The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump's Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing.
President-elect Donald Trump recently nominated Cantor CEO Howard Lutnick for Commerce Secretary.
Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.
The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.
President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration's economic agenda.
APT is positioned for a significant breakout, with forecasts pointing to a 67% rally that could push its price to $24.
Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.
Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
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TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
The Aptos Foundation announced a new partnership with Circle and Stripe, hoping to revolutionize its network functionality. Circle's CCTP and USDC stablecoin will enhance blockchain interoperability, while Stripe will attract TradFi by simplifying fiat interactions.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.
TRON's November recovery means the network is in a good position right now.
As crypto grows, so does the list of complex terms to understand — like utility tokens.
A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain. Blockchain security firm Scam Sniffer reported the incident on Nov. 20, detailing how the stolen funds were unexpectedly returned within hours.
A crypto investor lost a substantial amount of USDT tokens to a phishing address but eventually witnessed a return of the funds hours later.
The story of a user who unwittingly sent $129 million USDT to a phishing address and miraculously retrieved all the funds is truly unprecedented. Originally reported by Wu Blockchain, this case highlights the risks inherent in cryptocurrency transactions while presenting an extraordinary recovery scenario.
Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov.
Sui Network (SUI) has recently demonstrated impressive growth in its decentralized exchange (DEX) trading volume, surpassing Aptos (APT) by a significant margin. SUI's trading volume reached $28 billion, three times that of Aptos, which recorded $9.4 billion.
Hadron supports multiple smart-contract-enabled blockchains, even the Bitcoin Layer 2 solution known as Liquid by Blockstream.
Tether has launched Hadron, a new platform that allows users to convert traditional assets into digital tokens, supporting various asset types and incorporating security measures that leverage the company's experience in managing $125 billion in assets.
Hadron by Tether introduces a modular system to issue and manage digital assets.
Aptos (APT) recently hit a 7-month high before facing a near-term downturn.
Tether launches Hadron, a platform aimed at simplifying asset tokenization for a broad audience, including institutions and governments, enhancing security and compliance.
Stablecoin leader Tether has unveiled Hadron, a tokenization stage, as demand for tokenized financial instruments on decentralized networks surges.
Tether launched a new tokenization platform called Hadron, which aims to service institutions, corporations, fund managers, and governments, according to a Nov. 14 press release. The platform will allow clients to tokenize assets ranging from stocks and bonds to stablecoins and loyalty points.
Hadron plans to let users tokenize a wide variety of assets, including stocks, bonds, stablecoins, and loyalty points.
Tether's new Hadron platform aims to make asset tokenization accessible to institutions, businesses, and governments, simplifying the process for everything from stocks to loyalty points. The post Tether Launches Hadron Platform for Simplified Asset Tokenization appeared first on Cryptonews.
Tether has introduced Hadron, a new platform aimed at expanding asset tokenization to a broader market. Tether Launches Hadron Platform Tether, known as a leading issuer of stablecoins, has launched Hadron, a platform designed to streamline the process of asset tokenization. According to the announcement shared with Bitcoin.
Binance Futures introduces the Memecoin Carnival, offering a 17,600 USDT prize pool for eligible traders. Participants can trade DOGEUSDT and other designated memecoin contracts to win rewards.
The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.
Tether, the crypto firm behind USDT, revealed on Thursday that it has launched its asset tokenization service after CEO Paolo Ardoino teased the project for months. It announced the launch of Hadron, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more.
Yesterday, the world's largest asset manager, Blackrock, disclosed that it had expanded its tokenized money fund to other blockchains, including Move-programmed Apots (APT). This development sparked speculation that the Aptos token price could gain from it.
Tether specifically mentions users being able to tokenized of stocks, bonds, stablecoins and loyalty points.
The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin.
TL;DR Tether has launched Hadron, a platform that facilitates the tokenization of physical and digital assets, accessible without advanced technical knowledge. Hadron, currently in beta, enables the tokenization of assets such as stocks, real estate, and bonds, with a global and sectoral focus.