Cryptocurrency Market

  • Market Cap: $2,408,449,762,823.73
  • 24h Vol: $56,225,852,663.18
  • BTC Dominance: 56.52%

Tether

swan-bitcoin-alleges-ex-employees-conspired-to-steal-mining-business

Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat company” in the filing, stole trade secrets from their mining operations. Swan […]

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stablecoin-market-adds-$1b-in-six-days-as-major-tokens-expand

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tether, USDC See Supply Boosts as Stablecoin Market Grows by $1B in Less Than

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fiat-pegged-crypto-market-expands-by-$1.39b-in-past-week,-led-by-usdt-and-usdc

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC Read More »

tron,-tether,-and-trm-labs-join-forces-to-tackle-crypto-crime

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron,

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stablecoin-economy-expands-$1.08b-in-2-weeks-despite-reductions-in-key-coins

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent

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washington-man-faces-charges-in-$64-million-crypto-laundering-scheme

Washington Man Faces Charges in $64 Million Crypto Laundering Scheme

A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum via exchanges like Gemini, Bitstamp, Coinbase, and Binance. Investigators traced the

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crypto-market-surges-by-$623b-in-2024-as-bitcoin-climbs-$20k-higher

Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher

In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T

Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher Read More »

tether-to-launch-uae-dirham-pegged-stablecoin

Tether to Launch UAE Dirham-Pegged Stablecoin

Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals. The new stablecoin will be fully backed

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stablecoin-market-expands:-$2.21b-uptick-in-8-days-fueled-by-tether’s-growth-spurt

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the stablecoin economy expanded by

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt Read More »

tether-slams-celsius-network’s-‘baseless’-$2-billion-lawsuit

Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the

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