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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Bitcoin miners already made nearly $600K from Ordinals’ NFT transactions
Bitcoin (BTC) miners have earned nearly $600,000 in two months from a new controversial NFT protocol called Ordinals that has triggered a surge in user activity.What are Bitcoin Ordinals? Ordinals allow users to inscribe data in the form of images and other media types in newly mined blocks on the Bitcoin blockchain that's otherwise largely used for…
Crypto Markets See Mixed Signals as Total Market Cap Holds Position
Sunday, September 16: crypto markets have seen a mix of red and green today, with some small fluctuations and total market cap holding position.Market visualization from Coin360Bitcoin (BTC) is negligibly up on the day, and trading at around $6,504 at press time. The major cryptocurrency is holding weekly gains, up about 5.1 percent over the…
Bitcoin price rally provides much needed relief for BTC miners
Bitcoin mining powers network transactions and BTC price. During the 2021 bull run, some mining operations raised funds against their Bitcoin ASICs and BTC reserves. Miners also preordered ASICs at a hefty premium and some raised funds by conducting IPOs. As the crypto market turned bearish and liquidity seized within the sector, miners found themselves in…
Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit
Helio protocol had a total value locked of approx. $90 million before the incident. 148 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAccording to a Twitter post dated Dec. 7, stablecoin protocol Helio, which issues the HAY stablecoin pegged against the U.S. dollar, said that the firm…
Senator Cynthia Lummis excited to buy the Bitcoin dip
The conservative Republican from Wyoming plans to buy more BTC if the price drops further. 775 Total views 3 Total shares United States Senator Cynthia Lummis, a Republican from Wyoming, took advantage of a deeply discounted Bitcoin (BTC) price this week by adding to her holdings. In the wake of yet another major price correction for…
Newly Formed US Healthcare Alliance to Trial Blockchain for Improved Data Quality
Major U.S. healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, U.S. weekly news outlet Modern Healthcare reports Monday, Dec. 3.The Synaptic Health Alliance group consists of Humana, Multiplan, UnitedHealth Group's Optum, UnitedHealthcare, Quest Diagnostics, and has recently been joined by Ascension — the largest…
Two Crypto Advocacy Groups Partner to Promote Digital Tokens Educational Efforts
The Chamber of Digital Commerce and the Enterprise Ethereum Alliance (EEA) have partnered to facilitate industry advocacy and education efforts around tokenization.According to a Dec. 11 press release, the two blockchain advocacy organizations entered a strategic partnership to boost educational efforts in the field of digital assets and blockchain-based technologies by promoting their understanding, acceptance…
Bitcoin futures break $50K: Why BTC price is primed for another leg up
The price of Bitcoin (BTC) surpassed $50,000 for the first time in history across major futures exchanges, including Binance Futures.However, on spot exchanges, like Coinbase and Binance, the price of Bitcoin rejected closely below $50,000.BTC/USD 1-hour candle chart (Binance Futures). Source: TradingviewWhy more upside is likelyOn Feb. 16, the price of Bitcoin reached as high…