Binance and Circle,Once Bitter Rivals, Join Hands To Boost Global USDC Adoption
Circle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
XingChiCircle and Binance have revealed their strategic partnership during Abu Dhabi Finance Week to promote USDC, a stablecoin jointly owned by Circle and Coinbase.
XingChiIn Thailand, armed robbers forced a Ukrainian man to transfer $250,000 in USDT under threat. They restrained him and warned against reporting the crime before fleeing. Thai police soon arrested four suspects, including a regular USDT buyer from the victim.
KikyoFour foreign nationals were arrested in Thailand for a robbery on 8 November, where they forced a Ukrainian tourist, Viacheslav Leibov, to transfer 250,000 USD in cryptocurrency. The suspects, who had prior connections to the victim, were charged with armed robbery, unlawful detention, and coercion.
WeatherlyHong Kong authorities are investigating a cryptocurrency scam in which a 26-year-old woman reported losing approximately HK$93,000 ($12,000) in tether (USDT) at an exchange shop in Mong Kok.
XingChiTether is biting back on The Wall Street Journal for speculating that the company is under investigation by the U.S federal government.
XingChiOver $20 million in cryptocurrency, linked to the 2016 Bitfinex hack and stored in a US government wallet, has been suspiciously transferred, raising concerns of a potential theft. Blockchain analysts are investigating the sudden movement, which includes funds like Ethereum and stablecoins, possibly tied to a hacker.
JoyBinance and Delhi Police have successfully dismantled a $100,000 scam that duped investors with false claims linked to a fake solar company.
XingChiNigerian authorities are cracking down on unlicensed cryptocurrency firms, securing nearly $100,000 from Paparaxy Global Ventures and Lemskin Technologies for unauthorized USDT transactions. The Economic and Financial Crimes Commission has revealed that both companies entered a plea agreement, highlighting the government's commitment to regulating the cryptocurrency market and combating illegal activities.
WeatherlyCoinbase’s delisting of Tether reflects tightening EU regulations. More tokens face delisting as MiCA is enforced, creating long-term market stability.
BerniceTether is celebrating the 10th anniversary of its stablecoin, USDT, by releasing a documentary called Stability and Freedom in Chaos, highlighting its role in helping people facing inflation and economic challenges in countries like Turkey, Brazil, and Argentina. The film features personal stories and statistics showcasing how USDT has become vital for daily transactions and financial stability in these regions.
JoyWhile Wall Street’s interest has boosted the entire crypto market, William Quigley said it also comes with risks.
JinseFinanceTether's Q4 2023 net profit hits $2.85 billion, driven by U.S. Treasury interest. Annual profits reach $6.2 billion, showcasing crypto prominence.
EdmundTether Treasury's substantial transfer of USDT tokens to Bitfinex, valued at $229,956,875, has stirred interest within the crypto community. As the market reacts to Bitcoin's recent swings and Tether's significant move, the impact on overall market dynamics remains to be seen.
Cheng YuanTether Treasury transfers $182 million USDT to an unknown 'whale', with total transactions now at $2 billion, maintaining market stability.
Xu LinTether, which is the largest stablecoin issuer by market capitalization, added its offshore Chinese Yuan (CNHT) to the Tron network.
OthersThe firm had said it plans to bring its commercial paper holdings to zero by the end of the year.
OthersWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphAlthough the protocol offers a lucrative 4% annual yield, it is currently only available to accredited investors.
CointelegraphThough the protocol offers an arguably lucrative yield of 4% per year, it's only available to accredited investors as of now.
Cointelegraph