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Tether (USDT)

Report: Alameda and Cumberland Acquired Nearly 55% of USDT’s Total Supply

According to recent research published by the independent cryptocurrency outlet Protos, two companies have been responsible for buying two-thirds of Tether’s USDT total supply since its inception. The organizations, Alameda Research and Cumberland Global, had so far been the recipients of at least $60.3 billion USDT out of the $108.5 billion of Tether’s outbound transfers between 2014 and October 31, 2021, the report said. A majority of the volume, representing $49.2 billion...

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Tether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network. USDT Now Available on Avalanche With USDT launching on Avalanche, users can now transfer the largest stablecoin by market capitalization at a relatively lower cost, and the transactions will be settled instantly, as Tether’s CTO, Paolo Ardoino, explained: “We’re excited...

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LBank Exchange Will List iBNB on November 11, 2021

INTERNET CITY, DUBAI, Nov. 9, 2021 – LBank Exchange, a global digital asset trading platform, will list iBNB on November 11, 2021. For all users of LBank Exchange, the iBNB/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 11, 2021. In recent years, DeFi (decentralized finance) has become one of the most important parts of crypto world, and lots of tools and platforms have emerged for people to participate in DeFi. As the first...

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LBank Exchange Will List IMC on November 10, 2021

INTERNET CITY, DUBAI, Nov. 9, 2021 – LBank Exchange, a global digital asset trading platform, will list IMC (i-Money Crypto) on November 10, 2021. For all users of LBank Exchange, the IMC/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on November 10, 2021. Since the birth of cryptocurrency and blockchain technology, lots of unusable coins have emerged in the crypto field, people have been yearning for a real utility token. IMC (i-Money...

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BitMEX Launches Tether (USDT) Margined Contracts

According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX. Diversification in BitMEX’s offerings Extreme price volatility during market downturns and sporadic rallies are a continuously growing part of the crypto landscape. Hence, market players...

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OKEx To List Popular Crypto Token PolyDoge As Its Supporter Surge

Leading crypto exchange OKEx has listed PolyDoge, a Polygon Network token with a fast-growing community, starting today November 8th at 11:00 am UTC. According to the announcement, users will be able to start trading the token via the spot market for the POLYDOGE/USDT pair. The inclusion of PolyDoge on OKEx offers its prolific community an additional avenue to trade the up-and-coming cryptocurrency alongside Quickswap DEX and more. PolyDoge offers its users access to...

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Finexify, a DeFi Investment Firm, Announces Fund Results as of 31 Oct 2021

Global xChange LTD. („Finexify“), a boutique investment firm that provides investors with an opportunity to gain exposure to and profit from the Decentralized Finance (DeFi) space by deploying a liquidity mining market-neutral strategy, announced its Ethereum Green Legend Fund’s results as of 31 October 2021. According to Finexify’s announcement, both Ethereum and stablecoin investors (USDT/USDC/DAI) earned 2.94% on their investment in the month of October 2021. Stablecoin gross cumulative...

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Ethereum Follows BTC’s Lead and Strikes Biggest Price Point

Ethereum – the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin – has hit a record high. At the time of writing, the asset is trading for a whopping $4,400 per unit – its greatest price to date. Ethereum Is At an All-Time High Ethereum has enjoyed a hectic run throughout the year – almost as hectic as its big daddy bitcoin. While that currency has reached a new high of $66,000 per unit in recent weeks, the currency has dropped...

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An Exclusive Launch of Ripple (XRP) Crypto at WildTornado

The WildTornado online casino has recently announced that it has added XRP to its already impressive list of cryptocurrency payment methods. This means that from now on, the WildTornado players can enjoy numerous advantages of the innovative XRP technology, the most evident of which are extremely low fees and an impressively high speed of transactions. WildTornado has made a name for itself as a trusted online casino that offers players multiple crypto payment methods....

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Tether To Test Notabene’s Travel Rule System to Comply With AML Laws

Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions. Tether to Crack Down on Illegal Transfers As per an announcement on Tuesday, Tether will be testing the Notabene platform to comply with the Crypto Travel Rule —a mandate established on June 20, 2021, by the Financial Action Task Force (FATF). Notabene’s end-to-end solution will allow...

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