Tag: usdt

Oct 16 2021

DeFi Total Value Locked Hit ATH as Crypto Market Sees Resurgence

Oct 16 2021 Published at Coingape under tags  aave btcbrl btcbusd btcdai btceur

The decentralized finance (DeFi) ecosystem has printed its highest Total Value Locked (TVL) today, riding on the back of the resurgence in the broader market. Per data from DeFi Llama, the TVL covering all blockchain protocols is now pegged at $223.23 billion, a massive uplift from the $21.4 billion recorded from January 1 this year. The post DeFi Total Value Locked Hit ATH...

Over 160 projects will launch on Terra (LUNA) early next year

Oct 16 2021 Published at CryptoSlate under tags  altcoins atom eth luna sol

Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network. Meanwhile, the true impact of the network’s cardinal upgrade, dubbed Columbus-5, is yet to unravel, as the launch of...

Oct 15 2021

Why Tether Must Pay $40M In Fines To The CFTC

Oct 15 2021 Published at Bitcoinist.com under tags  cftc crypto news tether usdt

Per a press release, the U.S. Commodity Futures Trading Commission (CFTC) has disclosed that their review on Tether Holding Limited and other associated companies has concluded. As a result, Tether has agreed to pay a $41 million fine. Related Reading |...

Oct 14 2021

New IMF report calls crypto a ‘threat to global economy’

Oct 14 2021 Published at CryptoSlate under tags  adoption regulation stablecoins usdc usdt

The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption. The report...

Oct 08 2021

Tether (USDT) responds to allegations of missing billions. Calls it “old news”

Oct 08 2021 Published at CryptoSlate under tags  regulation stablecoins usdt

Bloomberg published an article on Thursday rehashing ongoing concerns about Tether and its 1:1 reserves. Per Tether's website, every USDT token issued is fully backed by reserves, containing a mixture of reserve assets. "Every Tether token is...

Oct 04 2021

Sep 29 2021

On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano

Sep 29 2021 Published at CryptoSlate under tags  ada analysis btc dai defi

First in a bigger series of dAppradar’s reports, which explore how value moves around after entering the blockchain industry, revealed that the amount of Bitcoin (BTC...

Sep 26 2021

Why Binance Smart Chain and PancakeSwap remain an important part of DeFi

Sep 26 2021 Published at CryptoSlate under tags  adoption analysis auto bifi bnb

The blockchain analytics platform Nansen has analyzed user activity on Binance Smart Chain (BSC) and revealed the most interesting trends in a new research report. Created as a "parallel blockchain" to...

Sep 21 2021

These Investor Advocates Groups Wants the SEC to Accelerate Crypto Crackdown

Sep 21 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

This week started with a bloodbath on Satoshi Street with Bitcoin and altcoins eroding investors' wealth after rallying for past few weeks. Amid the strong volatility this month, a group of investors' advocates wrote to the U.S. SEC on Monday, to amp up the crackdown on the crypto market. These groups include the Americans for The post These Investor Advocates Groups Wants the...

Sep 19 2021

Weekly Market Roundup: A Look into the Altcoins that Saw the Biggest Gains?

Sep 19 2021 Published at Coingape under tags  atom audio audius busd cosmos

The digital currency industry in the past week came off with impressive price actions across the board. With Bitcoin (BTC) notably steering in the direction of the majority of the crypto ecosystem with its trading range of $43,591.32, and $48,791.78. The limited price surge of the premier cryptocurrency was perhaps stumped due to the protests The post Weekly Market Roundup: A Look into...

Sep 13 2021

Walmart Fueled Fake News Stirs a Pump and Dump Run in Litecoin

Sep 13 2021 Published at Coingape under tags  altcoin news btc busd eth litecoin news

A fake press release published on Intrado-owned GlobeNewswire about the potential integration of Litecoin (LTC) by American ecommerce and retail giant Walmart Inc as a payment option has sent bullish shockwaves into the price of the digital currency. The news has been confirmed to be false by Walmart Spokesperson, Randy Hargrove. Hargrove affirmed that the The post Walmart Fueled Fake News Stirs a...

Sep 12 2021

Weekly Market Overview: Here Are the Top 3 Gainers, ALGO, EGLD, and NEAR

Sep 12 2021 Published at Coingape under tags  algo algorand altcoin news busd egld

Known for its volatility, the digital currency ecosystem recorded the two extremes in its price trend this past week. While many digital assets opened the week to a bullish trend, resulting in an All-Time High (ATH) for cryptocurrencies like Solana (SOL), the uptrend was not sustained as the market recorded a flash crash that parred The post Weekly Market Overview: Here Are the...

Sep 09 2021

How it Started Vs How it’s Going: Analyzing the Weekly Performance of BTC, ETH, and SOL

Sep 09 2021 Published at Coingape under tags  altcoin news bitcoin bitcoin news btcbusd btcdai

The question of the volatility of the digital currency ecosystem comes into the right perspective when it is experienced by market traders. While the losses can be grave, there are opportunities that smart traders look out for in this wavering price trend of top digital assets. There’s been a lot of activity in the digital The post How it Started Vs How it’s...

Aug 31 2021

Bilaxy Cryptocurrency Exchange Deletes The Website Following A Crucial Hack

A less prominent cryptocurrency exchange, Bilaxy, confirms a major hacking incident on its platform. In addition, the exchange reports some fund losses from the attack on its platform's ERC-20 hot wallet. An announcement on its Telegram channel disclosed that the exchange was hacked on August 28. The attack occurred between 6 p.m. and 7...

Aug 29 2021

Top 3 Coins to Watch this Week: SOL, LUNA, ADA

Aug 29 2021 Published at Coingape under tags  ada alonzo upgrade altcoin news cardano luna

The resurgence in the global digital currency market has stirred a number of remarkable jumps in the prices of various altcoins, most of whom decouple from Bitcoin (BTC) to chart their own course. The push of the global market cap above the $2 trillion benchmark has seen unprecedented contributions from altcoins other than Ethereum (ETH). The post Top 3 Coins to Watch this...

Aug 28 2021

BNB Witnessing Balance of Power as Price Gains Flattens

Aug 28 2021 Published at Coingape under tags  binance coin binance exchange bnb btc busd

The price change of Binance Coin (BNB) is trailing the slip as observable in the broader digital currency ecosystem. Binance Coin is currently exchanging hands at $487.83, down 0.37% in the past 24 hours after paring off the gains accrued in the past days. The digital currency has largely resisted a massive dump from the The post BNB Witnessing Balance of Power as...

Aug 21 2021

Ethereum Gains Flattens Despite Continuous Bullish Accumulations

Unlike the majority of altcoins with huge growth trends in the past days, the price gains in Ethereum (ETH) is currently flattened, despite unique fundamentals inherent in the world’s most used blockchain network. At the time of writing, the digital currency is up 0.74% and is changing hands at $3,277.17 according to CoinMarketCap. For the The post Ethereum Gains Flattens Despite Continuous Bullish...

Aug 11 2021

The biggest DeFi hit ever: Poly Network sees $600 million crypto heist

Aug 11 2021 Published at CryptoSlate under tags  defi hacks usdt

A decentralized finance (DeFi) cross-chain bridging protocol Poly Network recently announced that it has suffered an attack in which the hacker stole over $600 million across three blockchains. The cross-chain interoperability network flagged the...

Aug 10 2021

Tether (USDT) cash equivalents have increased to 85%, company reveals

Aug 10 2021 Published at CryptoSlate under tags  banking btc eth regulation stablecoins

Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report...

Jul 30 2021

XRP volumes nearly doubled in Q2 2021, Ripple report shows

Jul 30 2021 Published at CryptoSlate under tags  altcoins btc busd eth token report

According to a Ripple market report, the average daily trading volume (ADV) of...

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