Tether (USDT)

Multi-chain crypto wallet BitKeep revealed that it will launch the compensation portal in the first week of February, and 50% of the funds are expected to be returned to users by the end of the same month. The remaining funds will be distributed by the end of March. To avoid fluctuation, the asset valuation of the compensation will be converted to USDT stablecoin. In a series of tweets, BitKeep said that its technical team, as well as security agencies, devised a closed-loop...

After the excessive turmoil in the crypto market triggered by the FTX liquidity and bankruptcy scandal, several crypto service providers began publishing their reserve funds. Popular crypto exchange OKX released its third Proof-of-Reserves (PoR), in which it revealed holding “clean assets” worth $7.5 billion in BTC, ETH, and USDT. In a statement, OKX’s Chief Marketing Officer Haider Rafique said, “Security, transparency, and trust are core tenets of the OKX business process...

Der digitale Stablecoin Tether (USDT) übertrumpfte im Jahr 2022 die bislang führenden, bargeldlosen Zahlungsanbieter Visa und Mastercard. So verarbeitete Tether im letzten Jahr Transaktionen in der beachtlichen Höhe von 18,2 Billionen US-Dollar. Im Vergleich hierzu setzte Visa im Jahr 2022 Finanztransfers im Wert von 14,1 Billionen USD um. Noch darunter lag Mastercard mit „nur“ 7,7 Billionen US-Dollar. Das deutliche Wachstum der Stablecoins Das...

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INTERNET CITY, DUBAI, Jan 6, 2023 – LBank Exchange, a global digital asset trading platform, will list Jencoin (JEN) on January 11, 2023. For all users of LBank Exchange, the JEN/USDT trading pair will be officially available for trading at 12:00 UTC on January 11, 2023. Built on BSC, Jencoin (JEN) aims to create a decentralized platform where users can transfer money using its currency. Its native token JEN will be listed on LBank Exchange at 12:00 UTC on January 11,...

Indian crypto exchange WazirX released its proof-of-reserves (PoR) report disclosing its reserves-to-liability ratio of over 1:1. Alongside the paper, published by CoinGabbar, a third-party platform that tracks crypto assets, WazirX also made its wallet addresses, and list of exchanges available to the public. At press time, the Indian company had over $283 million of total user assets in the form of stablecoin USDT. Proof-of-Reserves WazirX, in a statement, highlighted that...

INTERNET CITY, DUBAI, Jan. 11, 2023 – LBank Exchange, a global digital asset trading platform, has listed Xmile (XML) on January 11, 2023. For all users of LBank Exchange, the XML/USDT trading pair is now officially available for trading. Creating innovation that goes beyond the limits of current mileage industry, Xmile (XML) utilizes blockchain technology to promote an easier and more accessible mileage system with seamless asset management. Its native token XML has...

[PRESS RELEASE – Please Read Disclaimer] Users with total assets over 100,000 USDT may apply for a separate custodial wallet Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize protection of customers’ funds on the platform. The exchange also recently released the latest snapshot of its Merkle tree Proof of...

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