On January 9, Crypto.com announced the delisting of USDT —the most important stablecoin in the crypto ecosystem— in Canada to comply with the country’s regulations. Several users on Reddit and Twitter...
Tag: USDT
USDC adoption on Ethereum grows post-FTX collapse; USDT remains flat
After a brutal sequence of events led to the collapse of several crypto-related firms in 2022, FTX’s bankruptcy dealt a massive blow to public trust in centralized crypto entities. During this period ...
Crypto.com to delist USDT for Canadians
Cryptocurrency exchange Crypto.com will delist USDT and USDT trading pairs on its app and platform for residents in Canada on Jan. 31 at 06:00 UTC, according to an email shared with the users of the j...
Huobi Experiences Sudden 64% Spike in USDT, USDC Withdrawal Volume
Nansen data reveals Huobi users have cashed out over $60.9 million within 24 hours. The figure represents over 64% of its total $94 million outflow over seven days. The 24-hour trading volume of Huobi...
A Billion-Dollar Hedge Fund Is Betting Against USDT, Bitcoin And Grayscale
Join Our Telegram channel to stay up to date on breaking news coverage Grayscale’s parent business Digital Currency Group, the Bitcoin Trust (GBTC), and other stakeholders are continuing to put pressu...
Institutional Investors Bet Against USDT: Trades May Shift to Bitcoin & Altcoin Soon!
At the beginning of 2023, the market participants believed that the crypto space may respond positively after being extremely bearish throughout the year 2022. However, the events that dragged the val...
Zero USDT, USDC, BUSD, and TUSD Printed in December 2022: Analysis
Stablecoins have continued to play a very critical role in the crypto economy. The ongoing bear market also demonstrated that dollar-pegged coins like USDT and USDC witnessed a parabolic growth in mar...
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity – Bitcoin News
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX ...
Over $8,000,000 Worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT) and DAI Stolen in Crypto Wallet Hack
Hackers have made off with more than $8 million worth of Ethereum (ETH), Binance Coin (BNB), Tether (USDT), and Dai (DAI) after exploiting the Web3 crypto wallet BitKeep. The blockchain security firm ...
LAST CHANCE to Benefit from ByBit 200,000 USDT Prize, Here’s How!
Bybit has a new promotion that allows users to grab a stake in a pool of 200,000 USDT. Not many crypto exchanges give out that much in rewards, especially in a bear market. How to benefit from ByBit’s...
Why USDT Is Plunging While Other Stablecoins Are Not
Stablecoin adoption has grown immensely, observed especially following the collapse of Terra. USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as...
Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC). The Financial Services Agency (FSA) of Japan will ...
Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion
Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact that the...
WhiteBIT Announced a Second Futures Battle With 50 000 USDT Prize Pool
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BitKeep Wallet Exploited for $8M in BNB, ETH, USDT, DAI
PeckShield, the blockchain analytics and security company, reported earlier today that some BitKeep wallet users had their funds drained from the platform. According to the current estimations, the to...
WhiteBIT Launches 50,000 USDT Futures Competition
It’s the second time the Ukrainian crypto exchange WhiteBIT is starting a futures contracts competition. Participants will compete in trading ETH-PERP perpetual futures. So, what is so cool about futu...
Optimism sees a surge in USDT and USDC transactions, decoding ‘why’
Optimism recently saw the volume of USDT and USDC transactions on its network surpass $1 billion. The price and active address, however, show convergence as its TVL continues its growth. Recently, the...
BTC, ETH, and USDT are Commodities: CFTC in the Complaint Against FTX.
CFTC is considering listing BTC, ETH and USDT as commodities. Gary Gensler had been advocating for BTC to be treated as a commodity. If these three are classified as commodities, they shall be regula...
Analysis of on-chain stablecoin data reveals decline in USDT dominance
In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 ...
Binance integrates Tether (USDT) on EOS.io
The Eos.io token has been rising recently, following the integration of Tether (USDT) by Binance, a giant exchange in the blockchain world. Thus, thanks to Changpeng Zhao‘s platform, EOS’s exposure ha...
USDT issuer Tether would stop making secured loans in 2023, thanks to FUD
USDT has been battling FUD around it in recent months as a result of its exposure to collapsed projects like FTX. Tether has made a move to reduce its secured loan to ensure the stability of the token...
USDT Stablecoin Issuer Tether Pledges to Eliminate Loans by 2023
11 mins ago | 2 mins read Altcoin News As of September 30th, the company claims that it has loaned out $6.1 billion. The company’s total assets surpassed $68 billion in the third quarter alone. In lig...
Tether helps Binance swap 3 billion USDT to Ethereum from Tron
Tether announced that it’s assisting crypto exchange Binance with a “chain swap,” which involves converting 3 billion USDT to the Ethereum network from the Tron network. “In a few m...
Coinplay Announces “World Cup Heat 2022”, Offers up to 15,000 USDT Reward
Advertisement     Licensed crypto sportsbook and gaming platform, Coinplay revealed it is set to offer users a whopping reward of up to 15,000 USDT, following the laun...
Coinplay Announces World Cup’s Welcome Bonus of Up to 5K USDT
[PR – Willemstad, Curaçao, 12th December, 2022, Chainwire] Coinplay is a licensed crypto sportsbook that gives an opportunity to the player to place a bet with more than 40 cryptocurrencies. Players f...
World Cup gets exciting with Coinplay’s Welcome bonus worth 5,000 USDT
Coinplay is a licensed crypto sportsbook that gives an opportunity to the player to place a bet with more than 40 cryptocurrencies. Players from across the globe can have access to the large number of...
Mazars Releases KuCoin’s Verification PoR Report, Concluded That BTC, ETH, USDT and USDC Reserves Are Overcollateralized
VICTORIA, Seychelles–(BUSINESS WIRE)–Global leading audit firm Mazars has released a report about KuCoin’s Proof-of-Reserves to determine the total collateralization ratio of their asset holdings. The...
World Cup is more exciting with Welcome bonus up to 5,000 USDT from Coinplay
Willemstad, Curaçao, 12th December, 2022, Chainwire Coinplay is a licensed crypto sportsbook which gives an opportunity to the player to place a bet with more than 40 cryptocurrencies. Players from ac...
Coinplay Welcomes World Cup Bettors With 100% Bonus Worth up to 5,000 USDT
Willemstad, Curaçao, 12th December, 2022, Chainwire Licensed crypto sportsbook Coinplay has unveiled its largest welcome bonus to date. Designed to coincide with the World Cup knockout stages, the pro...
Coinbase vs Binance – USDC, USDT or BUSD?
Coinbase has waived conversion fees to try and induce customers to switch from USDT to USDC. Meanwhile, Binance has delisted USDC trading pairs and is pushing its own BUSD stablecoin. Stablecoin wars ...
Crypto Twitter reacts to Coinbase’s switch from USDT to USDC
Coinbase started a new campaign to encourage investors to switch from Tether (USDT) to USD Coin (USDC), “trusted stablecoin,” by zero-rating conversion charges in the exchange. Call to dump USDT Coin...