Tether Freezes $225M USDT
Tether froze $225M in USDT connected to an international human trafficking syndicate following an investigation with the DOJ and crypto exchange OKX.
Tether froze $225M in USDT connected to an international human trafficking syndicate following an investigation with the DOJ and crypto exchange OKX.
Tether aims to launch 5 new crypto projects next year, with some designed to disrupt centralized Web2 services like finance and social media.
Binance just launched a new way to earn up to 13% annually on tether holdings, joining other crypto platforms offering yield on stablecoins.
USDT supply has surpassed 85 billion to set a new all-time high as the leading stablecoin extends its dominance in the market.
Taiwanese authorities have busted a massive crypto money laundering ring involving over $320 million worth of Tether (USDT), representing the largest such operation ever uncovered in Taiwan’s history.
Stablecoin Tether has seen a major rise in adoption in Brazil, making up 80% of the country’s crypto transaction volume so far this year.
Tether trading volume spiked to a 2-month high of over $47 billion as excitement built around potential SEC approval of a Bitcoin ETF, while Tether whales accumulated tokens ahead of a historically bullish month for crypto returns.
Tether recently froze over $873,000 in digital assets connected to terrorism financing in Israel and Ukraine, showcasing cryptocurrency’s traceability and the industry’s cooperation with authorities.
A mysterious crypto whale sent $34 million in USDT to the Kraken exchange via two anonymously owned Ethereum addresses in an unusual transaction that has sparked speculation and debate in the crypto community.
Tether has increased its controversial stablecoin lending in 2023, despite pledging to eliminate the loans by 2024. The rise has sparked fresh concerns around transparency.