Tether’s slowdown in supply points to cooling crypto activity
As of June 24, Tether’s month-over-month supply has risen by less than 1.5%, down from over 5% in April and May.
Related Posts
TON’s Teleport BTC bridge will be ‘highly resistant’ to private key compromises
TON Foundation marketing director Jack Booth explained that the protocol will ensure that private keys are not created or held by a single party.
NFT Steez and Victor Solomon discuss building in Web3 and the metaverse
NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey in bridging his in-real-life artwork with NFTs and how he cultivates the community and culture that surrounds his art. Solomon's work centers around basketball — not just the object, but the sport itself. For Solomon, the inspiration for his work…
FTX-owned crypto exchange Liquid halts all withdrawals
Sam Bankman-Fried’s FTX exchange acquired the Japanese crypto trading platform Liquid Group and its subsidiaries in February 2022. 641 Total views 15 Total shares The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges.The FTX-owned crypto exchange Liquid took to Twitter on Nov. 15 to…
No, a quantum computer won’t instantly reward you with 69,000 Bitcoins … yet
The latest quantum computer may not help unlock lost Bitcoin — at least, not yet. A Bitcoin wallet with nearly $700 million is up for grabs — but anyone intending to be a “crypto thief” and nab it will have to crack the password first.Crypto Twitter user Alon Gal has put out a call to…
Bitcoin Price Nearly Tops $9,000 Before Dropping to a Key Support Level
On Wednesday Bitcoin (BTC) price blasted through a series of key resistance levels as traders ponied up and set their target on the $9K mark. According to data from Cointelegraph Markets and CoinMarketCap the BTC/USD pair has rallied approximately 14.5%, notching a $1,123 gain. With the block reward halving just 13 days away, bullish investors are…
MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies
The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries.The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042 BTC holdings to nearly $5.3 billion. That comes out to be higher than what 80% of non-financial S&P…
Western Union may be planning to expand its digital offerings far beyond remittances
Trademark applications seem to hint at an asset and commodities exchange, insurance and Western Union’s own token as it faces increasingly diverse competition on the remittances market. 248 Total views 2 Total shares Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the…
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link
A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member. 390 Total views 22 Total shares A Proof Collective member has fallen victim to a scam, losing 29 highly-valuable Ethereum-based Moonbirds. According to a tweet by Cirrus on Wednesday morning, the victim lost 29 Moonbird nonfungible tokens (NFTs)…