Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoRipple's CEO predicts US government scrutiny on Tether, sparking a clash between the two companies amidst Ripple's own stablecoin launch.
WeatherlyRipple CEO Brad Garlinghouse warns of potential consequences as the U.S. government focuses on Tether, fearing another crypto black swan event. Regulatory scrutiny on Tether raises uncertainty in the crypto market, while Ripple plans its own stablecoin launch. Tether faces ongoing investigations amid concerns over reserve transparency.
Huang BoBesides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
KikyoA cybercriminal behind the embezzlement of $7.4 million from Hundred Finance reappears, moving approximately $800,000 worth of assets to launder or utilise the stolen funds. Despite a recent decline in crypto scams and hacking incidents, challenges persist in securing cryptocurrency platforms and preventing financial crime.
WeatherlyThe blockchain analytics firm will furnish Tether with tools designed to detect both sanctioned and illicit activities within the cryptocurrency space.
CatherineVenezuelan Oil Minister Pedro Tellechea has affirmed the nation's embrace of diverse currencies, including digital ones, as outlined in contractual agreements.
KikyoTelegram's integration of Tether onto its TON blockchain opens up global payment possibilities for its 900 million users, potentially transforming it into a WeChat-like platform for the West, while raising questions about TRON's future with Tether.
AnaisDespite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
CatherineAuthorities in Gangnam nabbed 10 individuals suspected of orchestrating a fraudulent USDT OTC transaction to pilfer money.
CatherineIndia's investigative agency Enforcement Directorate (ED) has arrested Ajay Bhardwaj's brother-in-law Nitin Gaur for his alleged role in the multi-billion-dollar GainBitcoin Ponzi scheme.
JinseFinanceTether invests in the Academy of Digital Industries, Georgia, enriching education with blockchain and digital technology expertise.
EdmundTether collaborates with OKX and DOJ to investigate the largest ever freeze of USDT. It is related to an international human trafficking group in Southeast Asia.
OliveIn a move to combat telephone fraud, a law enforcement agency recently executed an operation that led to the apprehension of two individuals, aged 20 and 33. The arrests took place in a public facility, and the suspects are currently under investigation for their involvement in a series of fraudulent activities.
JoyIndia CBI has arrested an individual from Ahmedabad in connection to a $0.93 million cryptocurrency fraud.
Hui XinEx-CEO of IcomTech Marco Ruiz Ochoa entered a guilty plea on 27 September. His plea is directly tied to his involvement in a Ponzi scheme orchestrated by IcomTech.
CatherineThe scheme swindled at least 29 investors out of more than $1.3 million, according to the CFTC.
CoindeskTether said the "secured loans held in its reserves are overcollateralized and covered by extremely liquid assets."
OthersThe U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
OthersTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
Cointelegraph