The largest stablecoin issuing company, Tether, has recently made a lot of investments in emerging crypto and artificial intelligence firms. These investments and the firm’s advancement beyond stablecoins show that the entity is keen on expanding its operations. Over the past few months, Tether has dipped its foot into other sectors like peer-to-peer communication, Bitcoin mining, renewable energy, and artificial intelligence. Tether’s Latest Investments XREX Group is the...
Read More »$TRUMP Presale: The Next ICO Offering Real-World Utility and Impact
[PRESS RELEASE – Port Charlotte, United States, June 2nd, 2024] $TRUMP Coin: A Revolutionary Cryptocurrency with Real-World Utility and Philanthropic Mission. TrumpCrypto.io is excited to announce the launch of the $TRUMP Coin Initial Coin Offering (ICO), a groundbreaking cryptocurrency designed to merge digital innovation with tangible real-world benefits. With a total supply of 8,000,000,000 tokens and a pre-sale price of 0.016 USDT per token, $TRUMP Coin offers a unique...
Read More »Bitdeer Announces Up to $150M in Private Placement Financing
CoinspeakerBitdeer Announces Up to $150M in Private Placement Financing During the pre-market trading, the shares of Bitdeer rose more than 10%, priced at $6.44. The movement of shares indicates the impact that the digital asset sector has on the traditional finance industry. Bitdeer Announces Up to $150M in Private Placement Financing
Read More »Stablecoin Market Cap Hits $161 Billion, Reaches Two-Year High: CCData
In May 2024, the stablecoin ecosystem rebounded, achieving a market capitalization of $161 billion, marking a 0.63% increase from the month’s outset. According to CCData, this marks the highest level since April 2022, following eight months of steady growth. Tether Dominates as Stablecoin Market Rebounds While the stablecoin market has been surging, its dominance slightly dropped from 7% in March to 6.07% this month. The fall was due to crypto assets recovering in price after...
Read More »PayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...
Read More »The Web3 Epic Challenge with OGCommunity, Hello Pixel, Xyro, TweetScout and 7 big projects where you get a chance to claim $50,000 USDT and fantastic prizes in tokens and NFTs
The Web3 Epic Challenge organized by OGCommunity has rallied key players from the Web3 and GameFi realms, including notable names such as Hello Pixel, Terminal, ZarGates, The Sandbox, Hexacore, MemeFi Club, WorldShards, Xyro, TweetScout. Gamers embarking on this epic journey will face challenging tasks crafted by each project, vying for prestigious prizes along the way. Click, complete tasks and grab prizes A substantial reward pool awaits the participants, with the $50,000 USDT bounty...
Read More »Marine Moguls ERC-404 Launch with $2.9 Million in Prizes for Token Holders
[PRESS RELEASE – Seoul, South Korea, May 25th, 2024] Marine Moguls has launched on the ERC-404 protocol, introducing a new approach to digital asset management. The project features $2.9 million in prizes linked to over 25% of the tokens, providing $MOGUL owners a potential chance to win prizes, including 100,000 USDT and 50,000 USDT, along with staking rewards. $MOGUL Contract: 0x0c9bb15b32334bDAA7Ad319FA356Dd3E8e184564 NFT Marketplace: https://market.marinemoguls.com Key...
Read More »Max Keiser Explains How Tether and El Salvador Will Send Bitcoin (BTC) Price to $220K
American broadcaster and Bitcoin proponent Max Keiser believes the stablecoin issuer Tether and El Salvador, as well as the declining United States dollar (USD), will push BTC’s price to $220,000 in no distant time. In a Saturday tweet, Keiser said the USD is doomed because inflation will “sky harder,” while this happens, BTC will be well on its way to $220,000. The USD Is “F****d” In comments sent to CryptoPotato, Keiser explained that Tether’s stablecoin business is...
Read More »Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
CoinspeakerCrypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity The hacker carried out this act using a multi-call function, which allows multiple smart contracts to be executed in a single transaction. Crypto Investor Loses Over $100K in Phishing Scam, Raising Alarm on Cybersecurity
Read More »Chinese Police Raids Illegal $1.9B USDT Banking Operation: Report
The Chinese police forces have burst a large underground banking operation using the popular stablecoin Tether (USDT) to facilitate transfers of up to 13.8 billion yuan ($1.9 billion). According to a report from local media house Weixin, the Public Security Bureau of Chengdu Municipal arrested 193 suspects linked to the case and froze 149 million yuan ($20.6 million) after raiding the operation’s location. A $1.9B Underground Banking Operation Investigations conducted by the...
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