Tether (USDT)

Sovryn – a Bitcoin-based decentralized finance protocol – was drained of over $1 million in funds on Tuesday using a price manipulation exploit.  The attack allowed the culprit to drain over $1 million worth of crypto from the protocol, including 44.93 RBTC and 211,045 USDT. Sovryn’s First Hack According to Sovryn’s blog post on the topic, the attacks specifically targeted the legacy Sovryn Borrow/Lend protocol. It impacted the RBTC and USDT lending pools.  RBTC and USDT are...

INTERNET CITY, DUBAI, Oct. 5, 2022 – LBank Exchange, a global digital asset trading platform, has listed Tamadoge (TAMA) on October 5, 2022. For all users of LBank Exchange, the TAMA/USDT trading pair is officially available for trading. As the newest Doge on the block, Tamadoge (TAMA) pushes the boundaries of the Play-to-Earn space, while building a metaverse called Tamaverse where users can create and breed their own Tamadoge pet NFTs and let them battle with each...

INTERNET CITY, DUBAI, Sep. 30, 2022 – LBank Exchange, a global digital asset trading platform, has listed GasBlock (GSBL) on September 30, 2022. For all users of LBank Exchange, the GSBL/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, GasBlock (GSBL) is here to revolutionize global Shale Gas supply chain with maximized efficiency, security and profitability. Its native token GSBL has been listed on LBank Exchange...

INTERNET CITY, DUBAI, Sep. 30, 2022 – LBank Exchange, a global digital asset trading platform, has listed IRE Token (IRE) on September 30, 2022. For all users of LBank Exchange, the IRE/USDT trading pair is now officially available for trading. Spreading the joy of sharing for the world, IRE Project is here to lead the next-generation donation culture using blockchain technology. Its native token IRE Token (IRE) has been listed on LBank Exchange at 4:00 UTC on September...

INTERNET CITY, DUBAI, Sep. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed Coinerr (ERR) on September 27, 2022. For all users of LBank Exchange, the ERR/USDT trading pair is now officially available for trading. Providing an application called TRANZACTO for e-banking, Coinerr (ERR) makes the payment easierr, the world betterr, and the shopping saferr. Its native token ERR has been listed on LBank Exchange at 11:00 UTC on September 27, 2022,...

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Major stablecoin issuer Tether has further reduced its commercial paper holdings to less than $50 million, with more than half of its backing in US Treasury Bills. The continuous reduction in Tether’s commercial debt holdings is in line with the firm’s plans revealed earlier in the year. In an update posted on Twitter on Monday (October 3, 2022), Tether CTO Paolo Ardoino announced that the company’s total US Treasury portfolio is currently at 58.1% as of September 2022. This...

In a two-year-old gaming app fraud case, the top Indian financial crime investigating agency has frozen 85.9 bitcoins, equivalent to $1.6 million, held in an account on Binance. Separately, it also froze WRX, the native coin of WazirX, and USDT together, worth nearly $550,000. Earlier this month, the agency raided several premises in Kolkata in this case and recovered Indian currency equivalent to $2.2 million. The accused in this estimated $8.5 million scam is 25-year-old...

INTERNET CITY, DUBAI, Sep. 29, 2022 – LBank Exchange, a global digital asset trading platform, has listed Storepay Coin (SPCFIN) on September 29, 2022. For all users of LBank Exchange, the SPCFIN/USDT trading pair is now officially available for trading. As a blockchain-based payment platform, Storepay bridges crypto with real-life application through ethical fintech services, enabling B2C and B2B users to Buy Now, Pay Later without any interest. Its native token...

INTERNET CITY, DUBAI, Sep. 28, 2022 – LBank Exchange, a global digital asset trading platform, has listed LoopNetwork (LOOP) on September 28, 2022. For all users of LBank Exchange, the LOOP/USDT trading pair is now officially available for trading. As a super scalable blockchain supporting powerful DeFi platform, LoopNetwork (LOOP) opens the gate for users to take advantage of the fast transferring and trading, with key innovations including PoSA consensus and native...