War Between Tether and Ripple CEOs – What Happened?
Ripple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyRipple'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.
CatherineTelegram'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.
CatherineExploitation of cryptocurrency by Russian intermediaries to bypass sanctions poses regulatory challenges, highlighting ongoing struggles against illicit financial activities.
Cheng YuanBinance's former CEO, Changpeng Zhao (CZ), faces travel restrictions in the U.S. as a judge rules to curb potential flight risks amidst legal proceedings.
Hui XinInferno Drainer's shutdown highlights challenges and opportunities in combating cryptocurrency fraud, leaving the community with a mix of relief and vigilance.
Hui XinRavi Menon, Managing Director of the Monetary Authority of Singapore, envisions a future with three main components: central bank digital currencies, tokenised bank liabilities, and "well-regulated" stablecoins.
BrianThe FSC will purportedly provide policy support, encouraging periodic capability evaluations for companies to enhance their anti-money laundering measures.
BrianOKX's entry into Brazil brings cutting-edge services and Web3 innovation, shaping the future of crypto trading in the region.
Hui XinLaunched since 2022, Wind.app has facilitated a annualised gross transaction volume (GTV) exceeding $3 million.
BrianVitalik Buterin warns of an existential threat from uncontrolled AI evolution, advocating for intervention and suggesting brain-computer interfaces as a solution.
Hui XinSingapore's central bank head forecasts the decline of private cryptocurrencies for their unreliability. He envisions a future with regulated coins and central bank digital currencies, echoed by Rao, from India's Reserve Bank. The FSB flags risks from complex crypto firms, emphasising the need for robust regulations. The shift towards regulated digital currencies is clear, yet strong oversight remains crucial.
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