
April 16th, 2025
While Tether is aiming to expand its workforce, Ardoino is still cautious about doing it too rapidly.
With Bybit’s dual asset product, users can trade their ETH against their BTC holdings and vice versa, thereby optimizing the profits from both assets.
The recent Ethereum price crash to $2,197 has attracted significant attention from long-term buyers seeking to buy at discounted rates.
Tether holds a massive $97.6 billion in US debt putting it ahead of Germany, the UAE, and Australia.
WazirX already launched two bounty programs. One involves a $10,000 prize money in Tether for information that leads to freezing the stolen funds. The second is a “white hat recovery” bounty of 10% of the recovered fund.
The integration also represents a major achievement for Tether in that it is now more poised to expand the utility of USDT within the TON ecosystem, which has lately been gaining serious attention from crypto enthusiasts and investors alike.
USD-pegged USDT is leading the bullish sentiment with an individual market capitalization of $114.26 billion.
The new rules require banks to provide detailed disclosures about their crypto activities and meet stringent liquidity standards.
BlockFi exited bankruptcy in 2023 and has begun a post-bankruptcy wind-down. The defunct crypto lender closed down its web platform in May 2024.
Cyvers had detected the suspicious transactions and attempted to contact WazirX 30 minutes prior to their public announcement, but received no reply.
The complaint argued that Tether and Bitfinex took part in a manipulating scheme to artificially increase cryptocurrency prices, including Bitcoin.
Following the announcement, the affected cryptocurrencies have all shown varying degrees of volatilities.
Currently, the group is also under investigation for a June security breach at CoinStats, where private keys from 1,590 wallets were accessed, resulting in a $2.2 million cryptocurrency theft.
The Tron network has triumphed over other major web3 chains, led by Ethereum, due to its low fees, robust security standards, and transaction scalability.
This incident highlights the growing use of cryptocurrencies, particularly stablecoins such as USDT, in criminal activities.