Tether (USDT)

Tether’s USDT stablecoin is beyond fully backed, according to the latest assurance report provided by accounting firm MHA Cayman. The firm found that Tether’s total assets are worth at least $82,424,821,101, while its total liabilities (including issued stablecoins) amount to $82,262,430,079. The State of Tether’s Reserves The report’s figures match those in Tether’s unaudited Consolidated Reserves Report (CRR) as of March 31st, 2022. This ensures that Tether’s USDT...

INTERNET CITY, DUBAI, May. 13, 2022 – LBank Exchange, a global digital asset trading platform, will list GameFantasyToken (GFT) on May 19, 2022. For all users of LBank Exchange, the GFT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 19, 2022. As the latest NFT Play-to-Earn game built on the IoTeX platform, StarCrazy enables its players to collect Starz (NFTs) and fuse them for a chance to create more valuable characters. Players can...

INTERNET CITY, DUBAI, May. 17, 2022 – LBank Exchange, a global digital asset trading platform, has listed Haechi (HAC) on May 17, 2022. For all users of LBank Exchange, the HAC/USDT trading pair is now officially available for trading. As a global payment platform, Haechi (HAC) utilizes the cryptocurrency to enable users to pay, compensate, and transact between existing and developing services, with features including HAC Wallet and H.PAY. Its native token HAC has been...

INTERNET CITY, DUBAI, May. 13, 2022 – LBank Exchange, a global digital asset trading platform, will list Elia Coin (ELC) on May 13, 2022. For all users of LBank Exchange, the ELC/USDT trading pair is now officially available for trading at 16:00 (UTC+8) on May 13, 2022. Setting a new standard for blockchain platforms, the ELC platform bridges multiple blockchains and allows users to send crypto from one to the other with its multi-chain supporting wallet, while providing...

With the crash of TerraUSD —the largest algorithmic stablecoin in the ecosystem— and the de-pegging of other stablecoins like Stasis, DEI (not to be confused with DAI and even Tether), financial institutions like the European Central Bank, used this weakness in their favor and started promoting their new CBDCs. On May 16, Italian economist and Executive Board member of the European Central Bank (ECB), Fabio Panetta, said in a lecture at the National College of Ireland (NCI)...

INTERNET CITY, DUBAI, May. 12, 2022 – LBank Exchange, a global digital asset trading platform, will list ENTERBUTTON (ENTC) on May 16, 2022. For all users of LBank Exchange, the ENTC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on May 16, 2022. Satisfying both the reality and the metaverse, the ENTERBUTTON (ENTC) provides an innovative platform that allows luxury goods to reach their full potential as an asset not only in the physical...

INTERNET CITY, DUBAI, May. 12, 2022 – LBank Exchange, a global digital asset trading platform, will list ENTERBUTTON (ENTC) on May 16, 2022. For all users of LBank Exchange, the ENTC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on May 16, 2022. Satisfying both the reality and the metaverse, the ENTERBUTTON (ENTC) provides an innovative platform that allows luxury goods to reach their full potential as an asset not only in the physical...

INTERNET CITY, DUBAI, May. 11, 2022 – LBank Exchange, a global digital asset trading platform, has listed DIVILAND (DVLD) on May 11, 2022. For all users of LBank Exchange, the DVLD/USDT trading pair is now officially available for trading. To make real estate investments and transactions easier, a project named DIVILAND (DVLD) integrates the Artificial Intelligence and blockchain technology, so that it can offer innovative ways that traditional real estate markets can...

Residents of the United States now have the option of paying bills, utilities, mortgage payments, and even taxes with cryptocurrency. This ability is made possible through Bitrefill, a Swedish tech startup that got its start offering services in El Salvador, which was the first country to declare bitcoin legal tender (this occurred last September). Bitrefill Will Allow U.S. Citizens to Pay with Crypto At the time of writing, Bitrefill allows Americans to pay their bills...

Terra’s entire ecosystem has been at the forefront of everything crypto in the past few days. Its stablecoin – UST – lost its peg. LUNA – the other cryptocurrency of the ecosystem – lost 99.9% of its value in days and keeps crashing. Do Kwon – the CEO of Terra – has been in the center of many discussions in the cryptocurrency industry as of late, and in a recent interview, he said that “there’s entertainment in watching companies die.” Ironic. The UST-LUNA Debacle A couple of...