Tether (USDT) could emerge as an unlikely target for the Chinese central bank, the People’s Bank of China (PBoC), when it rolls out its digital yuan ahead of next year’s Winter Olympic Games, an industry player has opined.
Speaking to Bloomberg (via Sankei Biz), Philip Gillespie, the CEO of the crypto liquidity provider B2C2 Japan stated that the Chinese authorities…
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Bitcoin has had quite the rollercoaster during the year 2021, climbing to almost $60,000 per BTC.
If you’ve been watching the Bitcoin rally for a while you may want to do more with your BTC as the cryptocurrency gains ground with major institutional investors sitting up and taking…
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Stablecoin USDT is now on Solana, which could attract users and builders to the blockchain network….
Continue reading on https://decrypt.co/61089/solana-price-pumps-tether-stablecoin-addition
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Vitalik Buterin. Ethereum (ETH) co-founder Vitalik Buterin argued that, like Ethereum, Bitcoin (BTC) has its own potential bombs waiting to explode.
The ecosystem around Ethereum could see failures and hacks, discussed the participants of The Tim Ferriss Show yesterday. To this, Buterin said: "I think the Bitcoin ecosystem does have its own […] ticking time…
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The financial services company is set to launch the first Ethereum exchange-traded product on the Deutsche Borse marketplace….
Continue reading on https://decrypt.co/60515/etc-group-to-launch-ethereum-etp-on-deutsche-borse
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Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman to the creation of the first cryptocurrency. Moreover, […]…
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As USD coin (USDC) strengthens its positions, tether (USDT) is losing its market share, according to crypto intelligence firm Coin Metrics. That said, stablecoins, in general, are again on the rise this year, and the total supply is expected to grow further with the increase in use cases.
Per the firm’s weekly report, USDC is going parabolic - its total supply passed USDC 9bn…
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Crime news
Tether, the issuer of the most popular stablecoin, tether (USTD), said they received a ransom demand for BTC 500 yesterday (USD 25m). "The sender said that, unless they receive the BTC by [Monday], they…
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Source: iStock/da-kuk
Along with the drop in prices this past week, came a drop in the market sentiment as well. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell out of the positive zone after three weeks, recording 5.77 today, compared to last week’s 6.25, according to the data provided by crypto market sentiment analysis site Omenics.
All but one coin…
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The stablecoin issuer said it has no intention of paying the ransom, and the deadline has already passed….
Continue reading on https://decrypt.co/59802/tether-receives-24-million-bitcoin-ransom-demand
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