Tag Archives: tether

Here’s Why The Bitcoin Price Is Crashing And What To Expect Next

Posted on by — No Comments ↓

The Bitcoin price has suffered a significant crash, falling from above the psychological $70,000 this week. Crypto pundit Nobler cited why the leading crypto was crashing, while analyst Chiefy revealed what to expect next from BTC.  Why The Bitcoin Price Is Crashing In an X post, Nobler revealed that the USDT issuer Tether was liquidating… Continue reading Here’s Why The Bitcoin Price Is Crashing And What To Expect Next→

$150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse

Posted on by — No Comments ↓

On-chain detective ZachXBT has shared details of the massive crypto Ponzi scheme that took over $150 million from unsuspecting victims before collapsing last week. The Mechanics Behind The $150M Crypto Ponzi In a series of X posts, ZachXBT unveiled the details of a Ponzi scheme that had been operating under the DSJ Exchange (DSJEX), a… Continue reading $150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange Collapse→

Tether Moves To Freeze $344 Million In Crypto Amid US Probe

Posted on by — No Comments ↓

A wave of crypto hacks hitting decentralized finance platforms in April has renewed an old argument: should stablecoin companies step in when stolen money passes through their systems? That question is now front and center again after Tether, the world’s largest stablecoin issuer, revealed it froze over $340 million in dollar-pegged tokens at the direct… Continue reading Tether Moves To Freeze $344 Million In Crypto Amid US Probe→

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

Posted on by — No Comments ↓

Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana… Continue reading Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab→

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

Posted on by — No Comments ↓

Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from… Continue reading Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards→

LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing

Posted on by — No Comments ↓

ZRO, the native token of the omnichain interpretability protocol LayerZero, has skyrocketed more than 40% on the past day following the announcement of its new Layer-1 (L1) blockchain backed by major institutional players. LayerZero Unveils Zero Blockchain On Tuesday, LayerZero Labs announced a new L1 blockchain, Zero, aimed at institutional financial markets. According to the… Continue reading LayerZero (ZRO) Soars 40% Amid Zero Blockchain Debut, Major Institutional Backing→

Tether Breaks Records: $10B Profit And $186B USDT Now In Circulation

Posted on by — No Comments ↓

Tether closed out the year with numbers that turned a few heads in finance circles. Reports say the firm posted net profits above $10 billion for 2025 while the stablecoin USDT grew to roughly $186 billion in circulation — a new high for the token and a sign of how central it has become to… Continue reading Tether Breaks Records: $10B Profit And $186B USDT Now In Circulation→

Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves

Posted on by — No Comments ↓

Tether, the company behind the world’s largest stablecoin USDT, has disclosed a substantial expansion of its gold holdings, underscoring a growing shift toward hard‑asset backing amid uncertainty across crypto and traditional financial markets.  Tether Expands Gold‑Backed Stablecoin Reserves Gold crossed the $5,000 per ounce threshold for the first time on Monday, a milestone that market… Continue reading Tether Reveals Massive Gold Accumulation In Q4: Adds 27 Tons To Reserves→

You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?

Posted on by — No Comments ↓

Bitocin treasury companies continue to accumulate a significant amount of BTC despite current market conditions and now control around 5% of the total BTC supply. These companies are led by Michael Saylor’s Strategy and Metaplanet, which have recently raised fresh capital to buy the dip.  Bitcoin Treasury Companies Now Hold Over 1 Million In BTC… Continue reading You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?→

Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies

Posted on by — No Comments ↓

A consortium of major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS, announced on Friday that they will collaborate to explore the development of stablecoins pegged to G7 currencies.  A New Era For Crypto In Mainstream Finance The renewed interest in stablecoins comes in the wake of US President Donald Trump’s… Continue reading Global Banking Powerhouses Plan Issuing New Stablecoins Tied To G7 Currencies→