South Korea’s largest telecom provider SK Telecom is partnering with Aptos Foundation to integrate Tether’s USDT stablecoin into their T wallet platform, potentially bringing stablecoin access to over 30 million customers.
Bolivia’s fourth-largest bank, Bisa Bank, introduces USDT stablecoin services, allowing customers to buy, sell, and store digital assets while providing secure international payment options with fees ranging from $5 to $40.
The Wall Street Journal’s report of alleged US federal investigations into Tether has sparked market volatility, though the stablecoin issuer strongly denies the claims as “old noise” while defending its track record of law enforcement cooperation.
Bybit, the second-largest crypto exchange globally, announces its WSOT Futures Bot Tournament with a potential 400,000 USDT prize pool running until October 31, 2024. The tournament features automated trading strategies and rewards for both new and experienced traders.
Cloudbet’s latest data shows that established cryptocurrencies like USDT, BTC, and ETH remain the top choices for online gambling, despite the emergence of faster alternatives.
USDT/USD experienced a slight decoupling, coinciding with Chinese economic easing measures. This event and negative premiums for Binance OTC from USDT/RMB influenced Bitcoin buying patterns and highlighted the interconnectedness of traditional and crypto markets.
Coinbase announces plans to delist unauthorized stablecoins in the European Union by December 30, 2024, to comply with MiCA regulations. This move highlights the growing regulatory challenges for stablecoin issuers in the EU market.
Swan Bitcoin has filed a lawsuit against former employees and consultants, accusing them of stealing its Bitcoin mining business with alleged support from Tether. The suit claims trade secrets were misappropriated to launch a rival venture, Proton Management.
BITS, a new cryptocurrency project, introduces a unique four-phase airdrop event from September 30 to December 24, 2024, aiming to boost community engagement and platform growth.
Ukrainian police arrested four individuals for extorting $250,000 in USDT from a young entrepreneur by posing as law enforcement and falsely accusing him of collaborating with Russia.
