Tether Launches its Stablecoin USDT on Aptos Blockchain
Reading time: < 1 minuteTether has announced the launch of its USDT stablecoin on the Aptos blockchain. This expansion aims to increase USDT’s accessibility and utility globally.
lllicit Crypto Activity Falls by 20% Since Beginning of the Year
Reading time: < 1 minuteAccording to a new report from Chainalysis, the amount of illegal activities being carried out using cryptocurrencies has decreased since the start of the year.
WazirX Restores Investor Balances
Reading time: < 1 minuteAfter being hit with a massive hack that resulted in $234 million of investor funds being lost from the WazirX exchange’s Safe Multisig wallet, the platform has finally restored investor balances after almost a month.
Binance Successfully Registers with India’s Financial Watchdog
Reading time: < 1 minuteWithin months of receiving a $2.2 million fine for unauthorized services in India, Binance has now completed registration with the country’s Financial Intelligence Unit (FIU-IND).
Tron Network’s Revenues Exceed Ethereum’s
Reading time: < 1 minuteIn the past 90 days, Token Terminal reported that the Tron network has generated approximately $435 million in fees, surpassing the Ethereum network’s fee revenues of approximately $364 million.
Circle Suggests Risk-based Capital Management Model for Stablecoins
Reading time: < 1 minuteThe white paper “Risk-based Capital for Stable Value Tokens,” was recently released by Circle, the company behind the USD Coin stablecoin.
Marathon Digital Acquires $249M in BTC
Reading time: < 1 minuteMarathon Digital has recently announced the purchase of an additional $249 million worth of Bitcoin.
Australia’s Regulator: Over 50% of Crypto Ads on Facebook Involve Scams
Reading time: < 1 minuteAccording to Australia’s competition watchdog, more than half of the crypto ads on Facebook are either fraudulent or in violation of Meta’s policies based on preliminary research.
US Moves 10,000 Bitcoins Seized from Silk Road
Reading time: < 1 minuteThe United States government has transferred approximately 10,000 Bitcoin to a wallet with an address ending in the letters “noe.”
Three Arrows Capital Liquidators Are Seeking Damages from Terraform Labs
Reading time: < 1 minuteThe liquidators in charge of handling the assets of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) are seeking recompense from Terraform Labs for the financial losses incurred by the collapse of the Terra ecosystem in May 2022.
