Tether is back on Bitcoin – Lightning Dominance Is Just Starting
Follow Guillaume on X. Earlier today at the Plan B Conference in El Salvador, Tether made an announcement that has been years in the making. USDT is back on Bitcoin…
Michael Saylor Doesn’t Understand Bitcoin
Follow Frank on X. On a recent episode of the Galaxy Brains podcast, Michael Saylor made the case that bitcoin isn’t a currency and that it’s best to think of…
Thailand Arrests Police Officers Accused of Staging Fake Interrogation to Extort 165,000 USDT
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…
Inside Tether’s $14.2B Equity Peak—Key Takeaways From the Q3 Attestation
Tether’s third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether’s Q3 Performance Ranks Among Top U.S. Treasury Holders In…
Circle CEO Hypes Stablecoin Market Growth With Astounding Prediction
Jeremy Allaire, CEO of Circle, has predicted that stablecoins will grow to capture up to 10% of the money supply in the next 10 years. Allaire highlighted that even with…
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High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on…
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision…
State Regulator Warns of Crypto Fraud After Investor Loses $750K
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing.…
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Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million.…
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Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound
With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A…