Tether freezes $5.2M in USDT linked to phishing scams
Since it launched, Tether has frozen over $1 billion worth of assets linked to illicit activities after requests from law enforcement agencies.
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BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?
Cryptocurrencies’ total market capitalization bounced from $860 billion on June 30 to the current $1.03 trillion, a 20.6% relief in five weeks. Ether (ETH) might have been the absolute leader among the largest smart contract chains, but BNB managed to gain 39% over that period.BNB (blue) vs. Ether (orange), AVAX (cyan), SOL (yellow). Source: TradingViewBNB token’s…
Institutional Investment Builds in Q1 2020, Sentiment Toward Crypto Funds Changing
A recent report by Grayscale, a cryptocurrency venture capital company, revealed the firm now holds roughly 1.7% of all of Bitcoin’s supply in its Bitcoin Trust (GBTC). Having seen the biggest quarter yet, Grayscale’s share of Bitcoin increased by 0.1% in 2020 despite current market uncertainties brought about by the COVID-19 pandemic.Rayhaneh Sharif-Askary, Grayscale’s head…
EY Spearheads Blockchain Tracking Platform for German Logistics Firms
German logistics firms partner to jointly create a blockchain tracking platform, local news outlet Tiroler Tageszeitung reports on July 16.Per the report, logistics firms LKW Walter, GS1 Austria, and its EDITEL Austria subsidiary, Bundesvereinigung Logistik Österreich, Deutsche Bahn subsidiary DB Schenker, and WU Vienna are participating in the project. Furthermore, big four auditing firm Ernst…
Bitcoin Breaks $200 Billion Market Cap For the First Time in 17 Months
Bitcoin (BTC) set a new 15-month record high price on June 25 as the largest cryptocurrency continues its giant three-month bull run. Market visualization courtesy of Coin360Data from Coin360 puts bitcoin firmly in the driving seat on cryptocurrency markets, 24-hour gains topping as much as 6% to take BTC/USD over $11,350. The last time the pair traded…
Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next?
ADA price is now in a notorious selloff area that coincided with the price crashing by 40% in January 2022. Cardano (ADA) inched higher on March 25, putting itself on course recoup a great portion of losses that it had incurred in the first two months of this year.Cardano: not so bullish yet?ADA's price jumped…
Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup
United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised by ZX Venture to allow BanQu…
How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in
We look at opinions, tools and views from Bitcoin OGs, veterans and experts on how to protect your crypto. by Jillian Godsil 11 min August 30, 2023 Share Tweet Share Share Crypto is a volatile place. Money can be as easily lost as made through the ups and downs of Bitcoin and the wider market