Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoRipple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyRipple CEO Brad Garlinghouse warns of potential consequences as the U.S. government focuses on Tether, fearing another crypto black swan event. Regulatory scrutiny on Tether raises uncertainty in the crypto market, while Ripple plans its own stablecoin launch. Tether faces ongoing investigations amid concerns over reserve transparency.
Huang BoBesides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
KikyoA cybercriminal behind the embezzlement of $7.4 million from Hundred Finance reappears, moving approximately $800,000 worth of assets to launder or utilise the stolen funds. Despite a recent decline in crypto scams and hacking incidents, challenges persist in securing cryptocurrency platforms and preventing financial crime.
WeatherlyThe blockchain analytics firm will furnish Tether with tools designed to detect both sanctioned and illicit activities within the cryptocurrency space.
CatherineVenezuelan Oil Minister Pedro Tellechea has affirmed the nation's embrace of diverse currencies, including digital ones, as outlined in contractual agreements.
KikyoTelegram's integration of Tether onto its TON blockchain opens up global payment possibilities for its 900 million users, potentially transforming it into a WeChat-like platform for the West, while raising questions about TRON's future with Tether.
AnaisDespite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
CatherineAuthorities in Gangnam nabbed 10 individuals suspected of orchestrating a fraudulent USDT OTC transaction to pilfer money.
CatherineExplore the UN's latest report in this comprehensive article, revealing how USDT is central to a clandestine banking system across Southeast Asia, raising significant concerns about digital currency misuse in money laundering and organized crime.
BrianA new survey revealed that the majority of users believe the metaverse will reshape their social life.
BeincryptoA New Ecology of the Industry Under Financial Crisis (Abridged Version)
Coinlive The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
OthersBlockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2.
CointelegraphMerchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more.
CointelegraphCointelegraphRobinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.
CointelegraphReportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.
CointelegraphA spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.”
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