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Tether (USDT)

Ethereum Hitting New Records: 47.36 Million ETH Stake in the ETH2 Beacon Deposit Contract

Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high of 47.36 million ETH this week. Interestingly, this accounts for 33.9% of the entire Ethereum supply. ETH2 Staking Milestone According to the data shared by the crypto analytic platform Santiment, this is a dramatic increase from two years ago when it held only 10.9% of the supply, effectively...

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Tron Network Tops Blockchains with Most Active Addresses in Past 24 Hours, TRX Price on Rise

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Hong Kong Boy Kidnapped, Ransom Demanded in USDT: Report

In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the kidnappers demanded a ransom of 660,000 USDT, which is about HK$5.15 million. Hong Kong Kidnappers Demand USDT The boy’s parents were instructed to download the Telegram messaging app and purchase the USDT ransom from an offline OTC store. They were also warned against contacting the police to keep their child safe. The Hong Kong Police Organized Crime and...

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GOMINING Token to be Listed on HTX Crypto Exchange

[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 5th, 2024] GoMining, a premier Bitcoin mining operator redefining the industry’s accessibility through their innovative NFTs, each backed with a real share of BTC hashrate, has revealed the upcoming listing of the GOMINING token on the HTX crypto exchange. GOMINING, the utility token of the GoMining platform, will be listed on the HTX crypto exchange on Monday, July 8, according to a joint statement made by HTX...

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Important BitMEX Announcement Concerning Shiba Inu (SHIB) and Other Meme Coins

Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure to the top meme coins in the market through a single contract. BitMEX’s MEMEMEXTUSDT Dubbed the “S&P500 for crypto meme coins,” this new offering will allow traders to speculate on the overall performance of popular OG meme coins such as Dogecoin (DOGE) and...

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Circle Becomes First to Receive License in the EU to Issue Stablecoins Under MiCA

Stablecoin issuers were hit with an injunction last week by European regulators, as the Markets in Crypto Assets (MiCA) took effect partially on June 1. In line with that ask to register in any nation in the bloc to continue issuing stablecoins in the EU, Circle has secured an Electronic Money Institution (EMI) in France. This will allow it to issue USDC and its new Europe-centred stablecoin EURC. Circle co-founder and CEO Jeremy Allaire posted on X about this development, “@Circle announces...

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CryptoGames Adds Tether (USDT) to Their List of Supported Coins and Partners with Bitinvestor

CryptoGames, a leading online cryptocurrency casino, is excited to announce the addition of Tether (USDT) to its list of supported cryptocurrencies. This strategic move provides users with a stable and reliable method of managing their funds, shielding them from the notorious volatility of the crypto market and enhancing their overall gaming experience. Additionally, CryptoGames has partnered with Bitinvestor, enabling seamless crypto purchases directly on its platform. Why Tether (USDT)...

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KuCoin Introduces 7.5% Tax on Fees for Nigerian Users

The leading cryptocurrency exchange, KuCoin, has implemented a 7.5% transaction fee tax on all trades executed on the platform for its Nigerian users. According to an official announcement, KuCoin will start collecting a value-added tax (VAT) of 7.5% on transaction fees from July 8 to align with recent regulatory developments. This update affects all users with their Know Your Customer information registered in Nigeria. KuCoin to Tax Nigerian Users To avoid misunderstandings...

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