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Tether (USDT)

Poly Network Drama is Over: Hacker Returns the Remaining $141 Million

The Poly Network drama seems to be officially over as the hacker has returned the remaining $141 million, according to a blog post from the DeFi project. ‘Full Asset Restoration’ Begins As per the announcement, at 8:39 AM UTC, Mr. White Hat gave his private key to the 3/4 multi-signature wallet in an embedded message, retrieving the 28,853 ETH and 1,032 WBTC (Wrapped BTC) left and giving Poly Network the green light to return full asset control to users. The team had to...

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SOL-USDT Pair Listed by Phemex: Here is Solana’s Success Story

[Featured Content] While Solana has shown remarkable growth and development on the technological front, its native token is still in the process of gaining spots on all leading exchanges. Only this year did Coinbase add SOL to its listings. With its listing on Phemex after 20th August, Solana will have climbed another rung of the success ladder. On 20th August, one of the most popular derivatives exchanges, Phemex, listed Solana on its platform. Phemex’ SOL-USDT is now the...

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Coinchange Launches Early Access To High Yield Account

[Press Release – Toronto, ON] Coinchange, a fast-growing DeFi platform, announced today the Early Access launch of their High Yield Account, which allows users to earn passive income on their deposited crypto. The High Yield Account generates earnings for users by funding liquidity pools. dApps charge fees for every exchange made using those pools, which Coinchange collects and returns as yield. The fees have potential to add up quickly – users could earn up to a 25% annual...

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HODL Listing at LBank On 20 August

INTERNET CITY, DUBAI, Aug. 17, 2021.— LBank, a global digital asset trading platform, will list HODL on August 20, 2021. For all LBank users, the HODL/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on August 20. Decentralized finance is playing an increasingly important role in the crypto world. It is unsurprising that DeFi projects are gaining ever greater popularity. One of these projects is called the DeFi Coins Protocol. Another important...

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La marque de luxe Philipp Plein adopte les cryptomonnaies

Nouvel ajout à la liste des établissements qui acceptent le bitcoin (et autres cryptomonnaies) : Philipp Plein, marque allemande de prêt-à-porter de luxe. « Nous acceptons les paiements dans 15 crypto-monnaies différentes pour les achats effectués dans certains pays dans nos boutiques et sur plein.com. Les cryptomonnaies acceptées sont : Bitcoin, Bitcoin Cash, BNB Mainnet, Bitcoin SV,...

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DAO Maker Hacked: Project Reports No ‘Detrimental’ Damages Despite 5,251 Affected Users

The multi-investment DeFi platform Dao Maker has become the latest victim to a security breach in the industry. The attackers have managed to affect over 5,000 accounts holding USDC. At first, Wu Blockchain took it to Twitter to indicate that the popular platform has fallen victim to a hack. The perpetrators supposedly transferred out USDC from about 9,000 or 10,000 such accounts and replace the funds with 2,261 ETH (worth approximately $7 million as of writing these lines)....

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Tether’s Reserves are ‘Fully Backed,’ Company Cites Another Audit

Tether has yet again issued another public opinion by Moore Cayman, a provider of audit services that reassures USDTs are “fully backed by reserves.” However, the company has failed to disclose the precise nature of the reserves it’s referring to, which has raised a few eyebrows in the community. Another Public Opinion By Moore Cayman The report says the Cayman Island-based audit provider has obtained “sufficient and appropriate” evidence to base their assurance opinion. It...

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FUN Token Gets a Dedicated Savings Program at FreeBitco.in

[PRESS RELEASE – Please Read Disclaimer] July 1, 2021, was a significant day for FUN Token. The Binance-listed token became one of only 10 coins to be listed for Locked Savings at Binance, joining the likes of BTC, USDT, and LINK. Users can earn up to 45% APY on their FUN Token holdings at Binance. Now, FreeBitco.in is giving 46 million users a seamless way to earn interest on their FUN Tokens… FreeBitco.in Launches FUN Token Savings FUN Token was created in 2017 to bring...

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EURST: Addressing The Concerns Associated With USD-Backed Stablecoins

[Featured Content] Stablecoins have become extremely popular in the last few years, given their backing with real-world assets, offering better liquidity as well as protection against volatility. In theory, these coins, with their fiat currency backing, are a great way to promote crypto among the masses. Being backed by a fiat currency means that a stablecoin such as USDT will automatically adjust its price by rebasing according to the USD price during fluctuations in the...

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FTX CEO: I Spend 5 Hours a Day Dealing with Crypto Regulations

The Founder and CEO of FTX – Sam Bankman-Fried – revealed that the increased number of cryptocurrency regulations forces him to spend around five hours a day dealing with it. Furthermore, he asserted that the exchange would keep supporting Tether (USDT) despite the controversy. ‘We Have to Stay on Top’ During a recent interview for CNBC, the 29-year-old Sam Bankman-Fried said that he has to spend a considerable part of his day handling cryptocurrency regulatory measures and...

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