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 U.S launch Binance Pay Service For U.S Users
The service went into beta internationally in February 2021 for peer-to-peer payments.The exchange clarified that all Pay transactions would be free of any gas or fees.After being available to clients…
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…
NFT Avatars Minted on Reddit Milestone now past 5 Million
The project has over 4.25 million distinct wallets with around 3.95M users. Reddit announced that it would provide NFT avatars in July.Reddit’s foray into tokenized avatars has been a ray…
Binance CEO Confirms Over $1 Billion Daily Withdrawals
Binance users have withdrawn around $1.14 worth of crypto from the platform today (December 13), CEO Zhao confirmed.Changpeng Zhao – CEO of Binance – said clients had withdrawn approximately $1.14…
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…
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…
Goldman Sachs Explains How to Regulate Crypto After FTX
Goldman Sachs believes regulators should focus on crypto’s trusted, centralized entities – but not the blockchain.Goldman Sachs published a research note on Friday covering blockchain technology and the recent demise…
Bitcoin To Reach $1M says Samson Mow
Samson speculates BTC to reach a $1 million price.This ought to take place within the next five to ten years. El Slavador’s BTC legal tender is the best decision by…
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…