The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform. Chinese law enforcement has seized cryptocurrencies worth over $4.2 billion from the PlusToken Ponzi scheme. Apparently, a total of 194,775 BTC, 833,083 ETH, 1.4 million LTC, 27.6 million EOS, 74,167 DASH, 487 million XRP, 6 billion DOGE, 79,581 units of BCH, and 213,724 USDT have been seized by Chinese law enforcement from seven convicts during the...
Read More »Five Reasons Ethereum Has Entered a New Bull Market
Ethereum is currently retracting sharply from its previous and 30-month peak of $620. Even with a decline of around $100 to today’s prices of $525, ETH is still up over 300% since the beginning of the year.The confirmed genesis of the long-awaited Beacon Chain, which is Phase 0 of the even longer awaited Serenity ETH 2.0 upgrade, has no doubt driven momentum but it is not the only strong point for Ethereum.Over 5 Reasons to be Bullish on EthereumDTC Capital’s Spencer Noon has pulled out a few...
Read More »West Coast Aquaculture (WCA) Completes $3.65M IPO with Over 89% Raised via Tether (USDT)
West Coast Aquaculture (WCA) stocks are now listed on the Sydney Stock Exchange under the SSX code 833.As cryptocurrencies get globally accepted, an Australian-based West Coast Aquaculture (WCA) has announced that it successfully completed raising $3.65 million via IPO with over 89% through Tether (USDT). According to news outlet Coindesk, the WCA crypto IPO was facilitated by a fintech firm STAX. “The successful WCA capital raise and IPO, paves the way for the future of capital markets in...
Read More »Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700
After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...
Read More »Bitcoin Hits $16K For a New 2020 Record: 325% Up Since March Yearly Low
Bitcoin continues its positive price development as it just managed to take yet another coveted milestone – the $16,000 mark. With this most recent increase, bitcoin’s price has increased by as much as 325% from the lows that it encountered back in March 2020 as the COVID19 pandemic was announced. It’s worth noting that this is another yearly high. It’s also interesting to see how high can Bitcoin go during its current bull run. At the time of this writing, we are only 25%...
Read More »DeFi Crosschain Network Aleph.im to Roll Out Pre-Listing Subscription on ProBit Exchange’s Exclusive Listing Platform
[PRESS RELEASE – Please See Disclaimer] With the latest conclusion of its premium lasting platform for Bluzelle, ProBit Exchange is charging ahead with their 2nd of 4 ProBit Exclusive slots in November for Aleph.im starting November 11. The breakneck pace at which the exchange is launching their Exclusive platform is part of its ongoing commemorative 2nd birthday event with 50,000 USDT for eligible participants until November 30. The 50% ALEPH subscription discounts are...
Read More »Whale Alert: Over $400 Million Worth of USDT Just Sent To Huobi – Is Something Cooking?
Over $400 million worth of the most popular stablecoin Tether (USDT) has been sent to the cryptocurrency exchange Huobi over the past couple of hours. Two of the transactions were sent from an unknown address with a total worth of around $304 million, while another transfer worth $100 million was sent from Bitfinex. Over $400 Million Worth of USDT Flows In Huobi in Hours Whale Alert, the popular service that tracks abnormally large transactions, just flashed a few times in a...
Read More »Crypto Collateral Exchange Dsdaq Hosts Global Demo Trading Competition
[PRESS RELEASE – Please See Disclaimer] Hong Kong innovative crypto collateral trading platform Dsdaq is hosting a Global demo trading competition, to celebrate the launch of its demo account function. Nearly 2,000 traders were attracted to compete for a total of 3000 USDT prize pool and free airdrop of Dsdaq platform tokens, the Original D or OD for short. Traders will use $100,000 demo fund as the initial margin and will be ranked by profit. Trade with Dsdaq Demo Account...
Read More »FTX Derivatives Exchange Unveils Stocks Trading Pairs With Cryptocurrencies
FTX cryptocurrency derivatives exchange has unveiled a new offering to its customers involving the ability to trade top Wall Street stocks against a limited array of digital currencies.According to Coindesk, FTX exchange has launched Bitcoin (BTC), Tether (USDT), and other digital currencies trading pairs with the digitized token versions of Tesla Inc (NASDAQ: TSLA), Amazon.com Inc (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL), Facebook Inc (NASDAQ: FB) as well as other publicly traded...
Read More »Australia’s Crypto-friendly Platform to Accept Tether during Its IPO
Australia’s first capital raising platform to accept AUD and cryptocurrency, which operates an aquaculture farm in Malaysia, is accepting crypto assets in its first initial public offering (IPO).As the part of its capital raising effort before floating on the Sydney Stock Exchange (SSX), STAX – an Aussie crypto-friendly capital raising firm – has announced its client West Coast Aquaculture Group (WCA) would conduct Australia’s first IPO where the Tether digital currency would be accepted as...
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Tether (USDT)
