USDT Stablecoin Issuer Tether plan to end Loans by 2023
As of September 30th, the company claims that it has loaned out $6.1 billion. The company’s total assets surpassed $68 billion in the third quarter alone. In light of the…
Binance CEO CZ Calls Huge Withdrawals Business as Usual
A total of 40,353 Bitcoins and 278,017 Ether tokens were withdrawn. Binance’s native cryptocurrency BNB Coin dropped by 5 percent on Tuesday. On Monday, reports surfaced that the U.S. Department…
FTX Trade investors Assets for Margin Trading at Alameda said Bankruptcy Lawyer
John Ray confirmed what many industry leaders expect, and what Sam Bankman-Fried has avoided directly stating.FTX’s bankruptcy attorney and new CEO, John Ray, spoke to the House Financial Services Committee…
Binance blocked Withdrawals Of USDC coins As panicked Investors withdrew $2Billion over doubts.
Crypto exchange Binance freezes withdrawals of stablecoin USDC as rattled investors pull $2 billion in funds Binance has temporarily paused withdrawals of a major stablecoin after customers pulled over $2…
AliPay Integrates Digital Yuan For Instant Payments to boost Adoption of the CBDC
The Ant Group operates AliPay, the dominant digital payment system in China. The Group is a subsidiary of the Alibaba Group and is in the midst of a massive overhaul.…
Chinese government discover $1.7B Money Laundering in Crypto
The Chinese government was able to seize a total of 130 million Chinese yuan. The probe was initiated when a local bank saw a dramatic increase in deposits.Chinese police in…
Argo Blockchain in need of Funds Desperately and Seeking it To Survive
Argo disclosed selling part of the Bitcoin it had mined during the market downturn.The firm said it was back in business on the LSE as of December 12. In an…
Coinbase Shares Crash to All-time Low
COIN hit a new low of $39.65 at the start of trading on this Monday. The price has fallen 60% from its all-time high of $98 in early August. Last…
Tron’s Native Stablecoin USDD Depegs Trading Now at $0.97
Apparently, after Sun’s massive trade, USDD is currently at $0.974. With a current market valuation of $708 million, USDD is the ninth biggest stablecoin. Early on Monday, Justin Sun said…
Sam Bankman Fried locked up by Bahamas Police Force
Sam Bankman Fried has been arrested by the Royal Bahamas police force.SBF was arrested when the US government filed criminal charges against him.Sam Bankman Fried, the CEO of the shuttered…