Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
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Bitfinex Crypto Exchange Launches Margin Trading for Stablecoin Tether
Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21.Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT…
Binance US eliminates trading fees for Ethereum
This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions. 559 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTBinance US has announced that it has expanded its “zero fee price model” to Ether (ETH) effective immediately. According to the announcement, users are now…
A Month After Launch, Bakkt Bitcoin Options Volumes Are Lackluster
Little more than a month after their launch, Bitcoin (BTC) options contracts on the Intercontinental Exchange’s digital asset platform Bakkt appear to have seen sluggish uptake.The latest available reports for the contract, Jan. 24 and Jan. 27, reveal that 11 days have elapsed since the last trade.Traders bide their timeAs reported, Bakkt launched its new…
EU finance chief says digital euro bill coming in early 2023
The European Union’s finance chief announced that a bill introducing a digital euro will be hitting tables in European parliament as early as 2023. 256 Total views 23 Total shares The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief…
Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?
Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks. 258 Total views 4 Total shares Own this piece of history Collect this article as an NFTEthereum's native token, Ether (ETH), continues its multi-month downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter's 19.5% gains on…
Can Bitcoin survive a Carrington Event knocking out the grid?
by Aaron Wood 9 min December 13, 2022 A massive Carrington Event-level solar storm could knock out the majority of electronics on earth. Would crypto survive everything going offline at once? “In a massive solar storm, which would be hugely damaging to a modern economy’s infrastructure, the blockchain parts might well be the only parts…
$50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang.After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight on Aug. 22.Along with a firm sense of deja vu, traders are naturally curious as to what will happen next — and crucially whether Bitcoin has bitten off more…
Former Iced Tea-Turned-Bitcoin Mining Firm Sells Beverage Business
Long Blockchain, previously named Long Island Iced Tea, has reached an agreement to sell its ready-to-drink tea business to Canadian firm ECC2 Ventures. The deal is documented in a Securities and Exchange Commission (SEC) document filed on March 6.At the beginning of 2018, the company had rebranded from Long Island Iced Tea to Long Blockchain,…