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It became known that Tether has expanded its presence on the TON network by creating 10 million new coins. Tether's official website confirmed this information by adding TON to the list of networks they support. The advantages of using USDT on the TON network are the speed of transactions and minimal fees. This development has significant implications for the DeFi space: USDT trading pairs are expected to appear on TON exchanges soon, which is important for trader and investor activity. The inclusion of USDT can help increase the number of users as the crypto community will pay more attention to decentralized exchanges based on TON.
Recently, OMNI's share price has seen a significant drop of more than 50%, perhaps the biggest decline in recent history. With that in mind, owning DWF cryptocurrency can be quite challenging. Although the current price has reached the support level at 0.618, there are opportunities to trade in the short-term markets
In 2022, an ordinary student from Indonesia was able to earn over a million dollars by turning his daily selfies into non-fungible tokens (NFTs). In 2024, he returned to the public again.
Sultan Gustav Al Ghozali launched a meme coin that combined elements of a meme coin and an NFT, based on the second level (L2) Base solution. For the presale of the new token Ghozali (GHZLI), the former student earned more than 2.5 million dollars.
Thailand’s largest cryptocurrency exchange, Bitkub, is gearing up for an Initial Public Offering (IPO) on the local stock market in 2025. The CEO, Jirayut Srupsrisopa, has announced that the company is currently seeking financial advisors to prepare the necessary documentation and facilitate the listing process.
According to Srupsrisopa, the company’s valuation is expected to surpass $160 million, a significant increase from the $16 million raised during the last private investment round in 2023. He attributes this growth in value to a substantial rise in trading volumes, surpassing even the bullish market of 2021, and the company’s stability in workforce hiring.
Bitkub initially informed investors and shareholders about the public offering in 2023 but refrained from specifying any tentative dates. Earlier, financial firm SCB X PCL had to abandon a private acquisition of a 51% stake in Bitkub due to regulatory pressures
Companies from the "largest country in the world" are using cryptocurrencies to purchase goods that can have military and civilian applications, thus avoiding international sanctions. These goods include parts for drones and other high-tech devices.
According to information published by The Wall Street Journal, one of the Russian smugglers, Andriy Z., used Tether cryptocurrency to pay for Chinese goods for a well-known arms manufacturer.
This manufacturer, which is one of the largest in the Country of Pigs, purchased electronic components for unmanned aerial vehicles, which are subject to US and European Union sanctions.
The publication also notes that Tether has become a widely used means of payment in the global black market, as authorities have limited ability to monitor transactions with digital currencies, unlike traditional currencies that are controlled through the banking system.
Yes, Zverev. used the Tether cryptocurrency to transfer large sums of money from Kalashnikov to an electronic distributor in Hong Kong and then transported the goods through Central Asia to avoid customs inspection.
The US Deputy Secretary of the Treasury, responsible for terrorism and financial intelligence, noted that the loser country is increasingly resorting to non-standard payment methods to circumvent US sanctions and continue financing the conflict with Ukraine.
Pig-dog crypto exchange Garantex plays an important role in this process, allowing its customers to exchange rubles for Tether.
The U.S. Treasury Department has asked Congress to pass legislation that would block transactions with stablecoins that are pegged to the U.S. dollar, such as Tether.
The ministry recently added a Moscow-based company to the sanctions list that interacted with a sanctioned Russian bank to make payments using Tether.
Ripple vs. SEC Report Out: Ripple Faces Potential $2 Billion Fine as SEC Seeks Punishment. This was originally published on Coinpedia Fintech News.
The US Securities and Exchange Commission's report on safeguards has finally been made public, as predicted by James C. Philan. It turns out that the SEC is pushing for a whopping $2 billion fine against Ripple Labs as damages. Stuart Alderoti, Chief Legal Counsel of Ripple, also responded to this.
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Aries Markets is a multi-functional DeFi protocol built on the Aptos blockchain with a focus on improving lending capabilities.
Recently, the team implemented a new system of bonuses for providing liquidity.
Here's how it works: For every dollar you invest in the protocol, you get one bonus point, while for every dollar you borrow, you get three points every day. To be eligible to earn points, you must have a minimum of $100 in your protocol account.
Bitcoin, the world's top cryptocurrency, hit record highs last week, but since reaching a record high of nearly $74,000, it has fallen 13% to trade just below $68,000 on Thursday, March 21, Business Insider1 reported. It is noted that such fluctuations are not uncommon in cryptocurrency. However, thanks to the hype surrounding the approval of spot ETFs in January, Bitcoin is still up around 50% year-to-date1. While many investors believe that the possible cause of the drop is profit locking, where traders sold some of their holdings after a long rally, the reasons for the recent fall in Bitcoin remain unclear1. It is noted that other cryptocurrencies have also experienced difficulties. The second most popular cryptocurrency Ether has fallen 8% to around $3,500 over the past five days, while popular altcoin Solana has fallen 12% since Monday1. According to Mark Ostwald, chief economist at ADM Investor Services International, bitcoin's weakness could persist if investors face signs of an economic downturn that could prompt them to sell or shift to more stable assets such as bonds or the US dollar1.He also added that the surge in risk assets, including technology stocks and cryptocurrencies, over the past year suggests that the market has become "anesthetized to big events" such as interest rate hikes and the war in Ukraine. #ціна #Bitcoin(BTC) #інвестиції
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