As the digital asset ecosystem continues to metamorphose, Tether stands at the forefront, celebrating ten years of transformative contributions to the realm of stablecoins. Founded in 2014, Tether’s flagship product, the USDT stablecoin, has not only gained traction but has also become an essential financial tool for millions who face economic uncertainties globally. As the
Crypto
David Kagel, at the age of 86, represents a fascinating yet cautionary figure in the modern landscape of financial fraud—particularly in the burgeoning field of cryptocurrency. Once a promising attorney, his recent sentencing for orchestrating a multimillion-dollar Ponzi scheme highlights the pitfalls of deception and the erosion of ethical standards in financial practices. This case
The rapid evolution of stablecoins is reshaping the cryptocurrency landscape, fostering greater liquidity and setting the stage for potential bull runs. Recent data indicates that the entire market capitalization of major USD-backed stablecoins has reached an astonishing $169 billion, marking a significant 31% increase, or $40 billion, since the year’s commencement. Such growth is noteworthy
In a significant market movement, Bitcoin has recently skyrocketed past $63,000, recording a peak at approximately $63,400. While the price has slightly retracted to around $62,700, this still marks an impressive 4% increase within the last 24 hours. Such a performance stands in stark contrast to other major cryptocurrencies, many of which are only demonstrating
Shiba Inu (SHIB), the well-known meme cryptocurrency, has encountered turbulence over the past two weeks, suffering a significant 13% drop in its market value. This downturn aligns with a wave of negativity observed within the community, particularly on messaging platforms like Telegram. The sentiment analysis reveals that a staggering 45% of messages related to SHIB
On Friday, October 11, approximately 18,800 Bitcoin options contracts are set to expire, culminating in a notional value of around $1.1 billion. This expiration comes in the context of declining implied volatility, a trend akin to the previous week’s expiry, indicating a more subdued atmosphere within the options market. With a diminished influence on the
Fidelity Investments, a leading global asset manager, experienced a significant data breach in August 2024 that compromised the personal information of over 77,000 customers. This breach, occurring between August 17 and August 19, involved unauthorized access to two customer accounts. As a result, sensitive details such as full names, Social Security numbers, and driver’s license
On October 11, 2023, Binance, the world’s largest cryptocurrency exchange, made a significant move by introducing trading bot services for three specific trading pairs: PEPE/FDUSD, SUI/FDUSD, and EIGEN/TRY. This expansion comes with caveats, notably regional restrictions which prevent users from certain countries from utilizing these new services. At the same time, Binance also announced the
The legal troubles of Binance, the world’s largest cryptocurrency exchange, have gained significant attention as the Nigerian Securities and Exchange Commission (SEC) continues its pursuit of the company and its executives. Central to this case is Tigran Gambaryan, Binance’s head of financial crime compliance, who has been detained in Nigeria since February 2023. The protracted
Bitcoin (BTC) has been navigating through substantial volatility, particularly in October—a month traditionally viewed as favorable for cryptocurrencies, often referred to as “Uptober.” Despite this historically positive backdrop, Bitcoin has underperformed, currently trading slightly under $61,000, indicating a 5% loss over a ten-day period. While market enthusiasts eagerly anticipate a reversal in trend, it’s crucial