Category: Liquid

Tether’s 1,500% Market Cap Increase In 500 Days — USDT Stablecoin Market Nears $70 Billion

The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days…

Crypto Exchange Liquid Hacked, Loses Millions In Various Currencies

Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the…

The $62B Stablecoin Giant Tether Publishes Assurance Report Reviewed By Auditor Moore Cayman

Tether Limited has released an assurance report reviewed by Moore Cayman, an auditor of investment funds and digital assets. The report provides a breakdown of the company’s assets and reserves…

Tokenized Bitcoin On Ethereum Crosses $11 Billion Notional, WBTC Commands 76% Of Circulating Supply

According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects,…

There’s Close To 300,000 Bitcoin-Pegged Tokens Hosted On ETH And BSC, Value Exceeds $12 Billion

For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied…

Tether Market Cap Swells Past $50 Billion, USDT Stablecoin Gets Listed On Coinbase Pro

The blockchain stablecoin issuer Tether Operations Limited has recently surpassed a $50 billion market valuation after seeing exponential growth during the last few years. Furthermore, the stablecoin tether has launched…

Bitcoin Fees Tap $60 Per Transaction, Users Say Fees Restrict Adoption, Others ‘Embrace’ The BTC Fee Pump

On April 21, Bitcoin network fees touched an all-time high according to a number of transaction fee aggregators. The average bitcoin transaction fee is approximately $59.88 and the median fee…

Bitcoin-Pegged Token Crafted By Binance Swells, BTCB Now Commands $2.3 Billion Market Cap

Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but…