Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30. In a statement […]
A $14 million smart contract scam has been tracked down by the Chinese police. According to reports from a Chinese media outlet, the team of scammers who were said to have been situated in their headquarters in the Eastern Chinese province of Fujian was infiltrated by police officials who arrested the perpetrators. Allegations go as […]
Stablecoins have played a very crucial part in the cryptocurrency ecosystem over the past few years, with the altcoins acting as significant drivers in terms of crypto-adoption. In fact, Tether, the m The post Tether’s demand may be at the behest of arbitrage opportunities appeared first on AMBCrypto.
Cryptocurrency exchange Bitfinex and its sister company Tether Inc will be standing in a trial in a New York court as state Attorney General Letitia James accused the companies of over $800 million lost in funds that they tried to hide. Attorney General James accused Bitfinex and companies connected to it for hiding the loss […]
Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses. Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 holding a total of over 5.5 million USDT being blacklisted this year. This revelation comes on the back of Centre’s first blacklisting of an […]
As the Bitcoin network indicated signs of a bullish rally in the market, the second-largest crypto, Ethereum, was not far behind in indicating signs of an upward trending market. The Etheruem network The post Ethereum network stronger than ever as DeFi, USDT_ETH grow appeared first on AMBCrypto.
China is on track to launch its own Central Bank Digital Currency (CBDC) in the future. Intended as a tool for international trade, some tout CBDC as the future of money. Others say China may lead in this field because the United States is still studying it, as opposed to the Asian giant which has […]
China’s CBDC wants to displace the US dollar, but Genesis Block’s Charles Yang believes it doesn’t offer a compelling alternative to USDT. China’s central bank digital currency is usually identified as a way to challenge the dominance of the U.S. dollar, not Bitcoin (BTC). But it may struggle to find adoption in niches where crypto […]