News
Tether is one of the most widely used stablecoins in the cryptocurrency market today. As a stablecoin, Tether aims to maintain a 1:1 peg to the U.S. dollar. This means each Tether token issued should be fully backed by $1 held in reserves by Tether. Given Tether'
News
Tether (USDT) is a popular stablecoin that aims to maintain a 1:1 peg to the US dollar. Originally launched on the Bitcoin blockchain via the Omni Layer protocol, Tether now exists on different blockchains including Ethereum and Tron. While the idea behind Tether remains the same across blockchains, there
News
Decentralized finance (DeFi) has exploded in popularity over the past few years, allowing users to access financial services without centralized entities. Many DeFi apps rely heavily on stablecoins, especially Tether (USDT), to enable trading, lending and borrowing. However, this dependence on Tether carries risks that DeFi users should understand. What
News
Tether (USDT) is a popular stablecoin that aims to maintain a 1:1 peg with the US dollar. As one of the largest stablecoins by market capitalization, there is significant interest in monitoring Tether's blockchain activity to gain insights into its operations and role in the cryptocurrency ecosystem.
News
Tether (USDT) is a popular stablecoin that aims to maintain a value pegged to the U.S. dollar. However, Tether has experienced periods of volatility and fluctuations in its market price relative to the dollar over time. Forecasting potential future price changes for Tether can be helpful for cryptocurrency traders,
News
Tether (USDT) has become one of the most widely used stablecoins in crypto, with a market cap of over $70 billion. As an analysis of typical wallet balances and on-chain transaction sizes can provide valuable insights into how Tether is being used, this article will examine these metrics in-depth. What
News
Celsius Network and Core Scientific sent shockwaves through the crypto community this week by announcing a preliminary agreement to settle their contentious legal dispute for $45 million. This landmark deal aims to resolve months of bitter court battles between two of the biggest names in crypto mining. But what are
News
The obscure cryptocurrency PegNet (PEG) received a very bullish rating on Friday, September 15, 2023, leaving investors to wonder - is this unknown crypto asset poised for a major breakout? PegNet surged 0.48% to $0.03309703057 even as the broader crypto market climbed 51.03%. The rally gave PegNet
News
The economic downturn has spurred two major bitcoin companies, BitGo and Swan, to take drastic action for financial stability. In an announcement on Thursday, the firms revealed plans to join forces and launch the nation's first bitcoin-only trust company, pending regulatory approval. This bombshell partnership points to the
News
In a stunning turn of events, Rashawn Russell, a 27-year-old former investment banker at Deutsche Bank, is now planning to plead guilty to federal criminal charges accusing him of defrauding investors out of over $1 million in a cryptocurrency investment scheme. Russell was arrested in April 2022 in Brooklyn and
News
The once-mighty crypto trading firm Genesis is shutting down all trading operations in a dramatic move that signals continued turmoil for the digital asset industry. Who could have predicted the stunning downfall of this former pillar of crypto finance? Yet here we stand amidst the wreckage of broken promises and
News
The winds of crypto winter have blown cold, but Rune Christensen sees sunny skies ahead for stablecoins. Yet the MakerDAO founder’s optimism comes with a caveat: embrace decentralization, or risk being drowned out by the siren song of centralization. Speaking at Token 2049, Christensen argued decentralized stablecoins like Dai
News
crypto-token-transform-sports-betting-worldwide">Can This Nascent Crypto Token Transform Sports Betting Worldwide? What if sports betting worldwide was forever changed by a new crypto token called Crypto Sports Network (CSPN)? This little-known token aims to decentralize sports betting, but does the reward outweigh the potential risks? This in-depth investigative report
News
The digital asset industry was rocked this morning by the announcement that US-based crypto finance company Bitwave has acquired crypto accounting platform Gilded. This blockbuster deal promises to augment Bitwave's enterprise solutions with new crypto payment, invoicing, tax tracking and bookkeeping capabilities. But what are the wider implications
News
Wells Fargo has made the bold claim that Ripple could hit $500 within months, sparking heated debate in the crypto community. But with an ongoing legal battle and regulatory uncertainty, Ripple's future remains unclear. Will decentralization be its saving grace, or is the crypto's fate already
News
China's economic data turned positive in August, brightening the outlook for risk assets globally. However, the crypto market may be disappointed, as the People's Bank of China has not opened the stimulus floodgates. "The data offers a reprieve for the battered crypto market, which was