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SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. дальше »

2024-12-23 12:32


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Tether’s Big Bet: A $775 Million Stake in Rumble and Bitcoin

In a bold move underscoring its commitment to the evolving digital economy, Tether, the company behind the world’s most widely used stablecoin, USDT, has announced a $775 million investment. This ambitious allocation is split between the video-sharing platform Rumble and additional Bitcoin reserves, signaling Tether’s expanding footprint beyond its core role in the cryptocurrency ecosystem. дальше »

2024-12-22 14:30


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Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day

On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new post on X, the on-chain analytics firm Santiment discussed the trend in the Exchange Flow Balance for Tether’s USDT. дальше »

2024-12-19 08:00


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Superform Secures $3 Million to Launch SuperVaults, Intelligent Onchain High-Yield Products, Led by VanEck Ventures

Superform has secured $9. 5M in total funding and is now launching SuperUSDC, designed to provide optimized stablecoin yield while ensuring on-chain simplicity. Superform Labs, the on-chain wealth app designed to enhance your crypto portfolio seamlessly, has announced a successful $3 million raise in a strategic funding round. дальше »

2024-12-12 17:44


Circle and Binance team up to boost global USDC adoption

Binance will adopt USDC into its corporate treasury and make the stablecoin more widely available to its 240 million users Circle will help Binance build relationships across the finance and commerce landscape Circle’s USDC is compliant with stablecoin regulations in Europe and Canada Binance and Circle have entered a partnership designed to boost the adoption […] The post Circle and Binance team up to boost global USDC adoption appeared first on CoinJournal. дальше »

2024-12-12 22:51


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Tether’s trade finance division funds first oil deal via USDT

Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region.  According to a Tether statement, the deal consisted of 670,000 barrels of crude oil and involved a publicly traded oil “super-major” and a “top-tier commodity […] The post Tether’s trade finance division funds first oil deal via USDT appeared first on CryptoSlate. дальше »

2024-11-9 23:00


South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use

In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […] дальше »

2024-11-1 02:17


Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins. The potential move from Robinhood and Revolut comes amid growing pressure from regulators in Europe, which could loosen the dominance of Tether, the largest stablecoin issuer in the market. Tether And Circle Prepare […] дальше »

2024-9-27 06:30