Crypto News
Filter by User Type
Tether Moves To Freeze $344 Million In Crypto Amid US Probe
A wave of crypto hacks hitting decentralized finance platforms in April has renewed an old argument: should stablecoi…
Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound
Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped ca…
Tether's $344 million USDT freeze linked to U.S. 'Economic Fury' against Iran regime
Treasury Secretary Scott Bessent said the U.S. is seeking to choke off "all financial lifelines" for the regime.
US sanctions Iran-linked crypto wallets, including addresses holding $344 million frozen by Tether: CNN
The move comes a day after Tether froze $344 million worth of USDT, which has now been linked to Iran, CNN reported.
Shariah-Compliant Stablecoin PUSD Moves Into MidEast Institutional Arena
A dollar-linked stablecoin built to meet Islamic finance standards is now operating on a new blockchain network ancho…
JPMorgan says DeFi exploits and stagnant TVL continue to limit institutional appeal
JPMorgan said persistent hacks appear to push investors toward Tether's USDT, as users move funds out of DeFi during …
Tether freezes $344 million in USDT on Tron tied to 'illicit activity'
The stablecoin issuer said the action followed U.S. law enforcement requests as global watchdog FATF warned of growin…
Microsoft venture unit supports public rollout of AI builder for Base applications
Space and Time, the blockchain data solution supported by Microsoft, secures the data layer underneath Dreamspace.
Tether freezes $344 million in USDT on Tron after wallets flagged by US authorities
Tether says it froze $344 million in USDT on Tron in coordination with OFAC and U.S. law enforcement, one of the larg…
Input Output proposes scaled-back Cardano treasury plan ahead of Leios mainnet push
The Leios mainnet launch is at the center of the roadmap, but IO’s tracker shows the upgrade still mid-development.
Onchain vault provider Upshift taps Securitize Fund Services for third-party reporting
Upshift is tapping Securitize Fund Services to provide independent reporting, auditing, and performance transparency …
Peter Thiel-backed unicorn Ramp rolls out $0 conversions between USDT and dollars across product suite
The fintech provider has rolled out support for Ethereum, Solana and Plasma-issued USDT tokens across its entire prod…
Scammers demand crypto ‘clearance’ fees from ships near Strait of Hormuz: report
Greek maritime risk firm MARISKS warned shippers of fraudulent Hormuz transit demands paid in bitcoin or USDT, accord…
Tether backs UAE tokenization firm KAIO in $8M funding round to bring Emirati funds onchain
The Abu Dhabi regulated firm build infrastruture to distribute insitutional funds on blockchain rails, lowering entry…
BIS says stablecoins act more like ETFs than money, warns of fragmentation without global rules: report
The BIS warned stablecoins resemble ETFs, not money, and called for global rules to prevent fragmentation across the …
A $300 million borrowing spike on Aave signals liquidity crunch after exploit
The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immedia…
Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments
USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based d…
Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab
Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongsi…
Russia-linked Grinex exchange suspends operations after $15 million hack, blames ‘hostile states’
Liquidity and users of the sanctioned Garantex exchange have flowed into Grinex over the past year, Elliptic claims.
Tempo unveils pragmatic privacy solution called Zones, a way to run permissioned parallel blockchains
Each Zone will offer a private execution environment managed by a trusted entity, Tempo wrote in an announcement.
Drift secures up to $127 million from Tether for user recovery, pivots from Circle’s USDC to USDT after $280 million exploit
Drift Protocol said it has secured up to $127.5 million from Tether to support user recovery after the April 1 exploit.
Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit
The money will be used by Drift to recover user funds after more than $270 million in clients assets were exploited t…
Former Lutnick-run Cantor Fitzgerald donates $10 million to crypto PAC led by Tether exec
Cantor Fitzgerald donated $10 million to a super political action committee backing pro-crypto candidates as election…
Tether backs Stablecoin Development Corporation’s $134 million private placement used to acquire SKY tokens
The Stablecoin Development Corporation is a publicly-traded holding company with an approximately 2.15 billion SKY to…
Crypto's new $11 million PAC booked millions in ads with firm started by Tether US CEO
While Tether has been closely associated with the emerging political action committee, the opening funding came from …
Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC
The USDT stablecoin issuer has now accumulated over $7.1 billion in bitcoin as part of its strategy to recycle up 15%…
Ether.fi commits $3 billion in ETH as ‘validator liquidity’ to ETHGas over three years
ETHGas is a marketplace for Ethereum blockspace futures that allows blockspace to be bought and sold in advance for g…
CoW Swap pauses protocol amid domain hijacking
The DEX aggregator is a particularly important component of the Ethereum ecosystem with integrations in protocols lik…
Ethereum Foundation launches $1 million crypto security subsidy, providing access to over 20 audit firms
The EF tapped Areta's audit marketplace to provide access to over 20 security firms like Blocksec, Cetora, Hacken, Im…
Tether launches self-custodial wallet supporting USDT, bitcoin and tokenized gold
Tether has launched tether.wallet, a self-custodial crypto wallet supporting USDT, bitcoin, and tokenized gold.