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Tether (USDT)

Bexplus Exchange Offers 100% Deposit bonus and Lists USDT, BTC, ETH, XRP, LTC, EOS Deposits

To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Traders now can deposit BTC, USDT, ETH, XRP, LTC, and EOS and enjoy trading with 100x leverage.(Bexplus also cooperates with third-party purchasing cryptocurrency platforms, so if you don’t have cryptocurrency, it...

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Tether Calls Recent Bloomberg Report of an Alleged DOJ Probe Clickbait

Tether just issued a brief response to a Bloomberg article published earlier today, alleging that the company’s executives are facing a criminal probe into Bank Fraud.  Tether implies that Bloomberg’s claims are recycled, pointing out that the article is based on unnamed sources and stale, years-old allegations. The stablecoin issuer considers the article as part of a continued effort to discredit them while being “patently designed to generate clicks.” Tether says that they...

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Tether Executives Embroiled in Criminal Probe Allegation

Criminal charges currently faced by Tether due to this unethical act are said to carry heavy complications for the company’s future. Tether, which is known as a major USDT administrator, has been embroiled in a new controversy stating that the company’s executives have been allegedly involved in conducting bank frauds as per the recent Bloomberg reports. The company executives have been under strict investigation and bear accusations of serious bank fraud that was conducted years ago.Tether...

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Tether Executives Allegedly Under DOJ Investigation for Suspected Bank Fraud

Tether executives are reportedly facing a probe from the US Department of Justice (DOJ), as prosecutors are looking into the company’s past activities with its banking partners. According to Bloomberg on Monday (July 26, 2021), the information came from three anonymous sources familiar with the matter. The DOJ is investigating whether banks were aware of the crypto-based transactions carried out by Tether. USDT is the largest stablecoin by market capitalization. The total...

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This is The First DeFi Protocol to Support Tether’s EURO

Tether, the company behind the biggest stablecoin by means of total market cap – USDT – has announced that CREAM Finance has become the first DeFi protocol to support their Euro-pegged EURt token. According to a recent press release, CREAM Finance – a well-known DeFi protocol, has become the first to integrate Tether’s EURt stablecoin into its lending platform. Users on the platform will be able to access EURt for lending and for borrowing. Meanwhile, they can also do so...

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Thether Hasn’t Issued USDT on Ethereum Since May: CTO Not Concerned

Stablecoin giant and crypto’s money-printing machine Tether has not issued a single USDT on the Ethereum network in the last 50 days as other stable assets gain ground in the market.  USDT Issuance on Ethereum Dries Up According to recent data, the last time USDT was minted on Ethereum was on May 31st, making it the longest time in history that the asset has not been issued on the network. The total value of minted ERC20 USDT now stands at $28.9 billion. Tether (USDT) Minted....

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KCC Bridge Goes Live to Enable Token Cross-Chain Swap Between KCC and Ethereum

[PRESS RELEASE – Victoria, Seychelles, 16th July 2021] A new generation of public chain – KCC officially launched its cross-chain bridge, the KCC Bridge. It provides bridging services to the KCC public chain by allowing native tokens on other chains to interchangeably transact and circulate on KCC. The KCC Bridge will first support stablecoins such as USDT and USDC from Ethereum to KCC. There is no gas fee for users when transmitting assets into KCC, while the gas fee on...

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Coinchange Announces Zero-fee Crypto Trading and Up to 25% APY on Stored Assets

Coinchange’s High Yield Account which is scheduled for launch on July 30 will enable users to lock their USDC and receive an annual percentage yield of up to 25%.Coinchange has announced zero-fee crypto trading coupled with a new High Yield Account which will provide all users with up to 25% annual return on their USDC balances. The press release from the digital asset platform revealed that both existing and new customers can already enjoy the benefits of 0% fees on all deposits to the...

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Against The Sentiment: AXS Skyrockets 55% to New ATH as Axie Infinity’s Income Surge

While Bitcoin remains price bound and Tether borrowing rates are declining, NFT sales went parabolic in the first half of 2021, and some continue to thrive in a place of mainstream cryptocurrencies. The NFT marketplace is currently being dominated by a token related to the online game Axie Infinity, known as Axie Infinity Shards. The Axie Infinity platform. Source: AXS websiteDemand for Axie Infinity Shards Axie Infinity Shards (AXS) has increased almost 400% in price in less...

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USCD Operator Circle to go Public Via a SPAC Merger

The firm revealed the plans on Thursday, noting that the deal will value Circle at an enterprise value of $4.5 billion.Circle Internet Financial Inc, the primary operator of the USD Coin (USDC) stablecoin is set to go public via a merger with Concord Acquisition Corp (NYSE: CND), a publicly-traded Special Purpose Acquisition Company (SPAC).Renowned for its backing of USDC, the stablecoin has attained global prominence in the cryptocurrency ecosystem, serving as a viable alternative to the...

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