Following OSC Prohibition, Crypto.com Delists USDT For Canadians
As of the 10th of January, user reports that were circulating on social media suggested that the cryptocurrency exchange Crypto.com had intentions to delist Tether (USDT) for customers in Canada…
BlockFi Suspends Withdrawals Following FTX Crisis
Crypto lender BlockFi has suspended business following the collapse of crypto exchange FTX. The company announced on Twitter that they have suspended withdrawals and normal business operations due to the…
Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave’s Lending Pools
According to data released by blockchain security and data analytics company PeckShieldAlert on Monday, the address labelled as Justin Sun has withdrawn more than $100 million worth of USDT stablecoins…
Tether Eliminates All Commercial Paper Holdings to Zero
Tether Limited Inc., the company behind USDT stablecoin, announced on Thursday that it has reduced its commercial paper holdings to zero, replacing them with U.S. Treasury bills. Commercial paper is…
Over 12,000 Brazilan Firms Hold Crypto, Says Local Tax Authority
Brazil registered a hike in records of companies and institutions claiming to hold some cryptocurrencies, according to a recent report from the Brazilian Tax Authority (RFB). The report showed that more than…
Tether Launches USDT Stablecoin on Near Network to Unlock New DeFi Products
Tether Operations Limited, the company behind USDT stablecoin, announced on Monday that it has launched Tether (USDT) stablecoin on the Near Network, a proof of stake (PoS) blockchain, as part…
Binance Launches Football Fan Token Index Perpetual Contracts Ahead of FIFA 2022
Cryptocurrency exchange Binance on Wednesday announced the launch of its Football Fan Token Index perpetual contracts. The exchange stated that its new crypto price index is tracking the market performance…
Tether Taps BDO Global for Attestation of Reserve
Tether Holdings Ltd has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm, to help handle its assurance and attestation processes. The move comes…
Is USDC’s Value Posed to Surpass that of USDT This Year?
As the stablecoin arena gains steam, the supremacy battle between Tether (USDT) and USD Coin (USDC) continues to play out. Arcane Research predicts that the USDC will dethrone USDT at…