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Tether (USDT)

These Divisions Contributed Significantly to Tether’s Q1 2024 Profit of $4.52B

Earlier this week, the largest stablecoin issuing company, Tether, revealed that it made more than $4.52 billion in net profit in the first quarter of 2024. With the firm having expanded its operations recently, a substantial portion of the profits came from its long-standing businesses and not the newly formed divisions. Tether revealed in an attestation report that roughly $1 billion of the profit in Q1 2024 came from entities in charge of issuing stablecoins and managing...

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Are XRP Bulls Gearing up for a Rally Following Reclaim of $0.52? (Ripple Price Analysis)

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving...

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Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance

[unable to retrieve full-text content]CoinspeakerTether Steps Up Monitoring of Token Usage to Combat Illicit Finance This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned e­ntities and track the activities of major token holde­rs. Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance

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Google-Suchanfragen für Bitcoin sind in den letzten Wochen um 27% gestiegen

Google Trends ist ein kostenloses Tool von Google, mit dem man die Beliebtheit von Suchanfragen im Laufe der Zeit und in verschiedenen Regionen analysieren kann. Es zeigt grafisch, wie oft bestimmte Begriffe bei Google gesucht wurden. Obwohl der Bitcoin-Preis in den letzten Tagen ziemlich unter Durck geriet, scheint das Interesse an Bitcoin ununterbrochen hoch zu sein: Google-Suchanfragen für bitcoin sind in den letzten Wochen um 27% gestiegen....

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LazyBear Secures 4 Million USDT in Strategic Financing to Revolutionize Crypto Trading

[PRESS RELEASE – Dubai, UAE, April 29th, 2024] LazyBear, a low-fee crypto trading ecosystem aimed at retail traders, has announced the successful completion of its strategic financing round. This round has raised a significant sum from investors and strategic partners. The investment, totaling 4 million USDT, positions LazyBear for accelerated growth and innovation in the crypto market. Participated investors and strategic partners include industry leaders and participants...

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Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume

[unable to retrieve full-text content]CoinspeakerVisa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume Over the years, Tether's USDT has dominated the industry as the preferred stablecoin among its pairs, trading as the third largest crypto after Bitcoin and Ethereum, with a market capitalization of $110.64 billion.  Visa’s Stablecoin Metric: Circle’s USDC Overtakes USDT in Transaction Volume

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SlowMist Exposes Scam Using Malicious RPC Node Modifications

SlowMist, in collaboration with imToken, has uncovered a new breed of cryptocurrency scam that targets users in physical offline transactions, utilizing USDT as the mode of payment. This fraudulent scheme operates by tampering with Ethereum node Remote Procedure Calls (RPC) to defraud unsuspecting victims. Scammer’s Strategy Initially, the scammer persuades the target to download the legitimate imToken wallet and fosters trust by transferring 1 USDT and a small amount of ETH...

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