Tether (USDT)

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[PRESS RELEASE – Monaco City, Monaco, July 31st, 2024] The presale of Memereum has seen significant growth, with nearly 28 million tokens sold. This increase follows the SEC’s approval of the first spot Ethereum ETFs on July 23, which has contributed to enhanced liquidity flows and heightened interest in Memereum. Factors Driving Memereum’s Popularity One of the key drivers behind the growing interest in Memereum is the recent introduction of a new dashboard by the Memereum...

Bitcoin neared its all-time high earlier today before it was rejected there. There are several factors at play that have supported the price surge of the flagship crypto asset. For one, bitcoin surpassed the average realized price for short-term investors after soaring well past $63,500, indicating renewed market strength. According to the latest findings by the on-chain analytic platform CryptoQuant, the market capitalizations of USDT and USDC have grown, which has...

The stablecoin ecosystem rose to over $164 billion this past week—the last time it did this was before the Terra ecosystem collapse, linked to the UST stablecoin. This spike in market cap implies growing interest in blockchain technology as users buy and trade assets and products, interact with DeFi protocols, and more. Stablecoins are assets that reference the value of other assets, including fiat currencies and precious metals. The value of the most popular stablecoins is tied to the US...

[PRESS RELEASE – VILNIUS, Lithuania, July 26th, 2024] In a significant move this July 2024, BTCC has launched up to 50x leverage on over 300 USDT-margined trading pairs. This development follows the successful introduction of 500x leverage on major trading pairs, including BTC, ETH, XRP, SOL, and DOGE. BTCC has now decided to elevate the futures trading experience by increasing the available leverage from 20x to 50x, setting a new standard in the crypto trading world where...

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

The Coinbase premium turned positive in early July after a period of concern following a dip in mid-May According to research from Kaiko, this could hint at a resurgence of institutional interest in Bitcoin. Renewed Institutional Interest The Coinbase premium, which measures the difference between hourly bitcoin prices on Coinbase’s BTC-USD pair and Binance’s BTC-USDT pair, is a key indicator of institutional sentiment in the cryptocurrency market. On July 1, crypto analyst...

Blockchain Life 2024, one of the world’s leading events in web3, cryptocurrencies and mining sphere, today announced the first wave of its esteemed speaker lineup for the 13th edition of the event.Bringing together over the 10,000 most influential figures from all over the world on October 22-23, the Blockchain Life 2024 promises to deliver powerful insights on making money during the current Bull Run. Among the first lineup of speakers are: Paolo Ardoino – CEO Tether Xinxi Wang –...

Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000, in crypto assets by offering him three bundles of counterfeit HK$1,000 banknotes. The officers reportedly confiscated 10,978 fake HK$1,000 banknotes during a raid on the Mong Kok office, where the fraudulent transaction took place last week. Cryptocurrency Fraud Bust A source told the South China Morning Post that the 44-year-old...

Crypto liquidity layer and lending protocol Rho Markets was exploited for $7.6 million. Bad actors took advantage of an Oracle contract deployed on the Scroll chain, allowing them to drain the amount in USDT and USDC stablecoins. Blockchain security firm relayed the oracle attack through an X post, “@RhoMarketsHQ has announced that they have detected unusual activity on their platform on #Scroll chain and paused the platform! Root cause of this incident seems to be an oracle access control...