Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014

Formerly known as Pantronics Holdings, Huobi Technology has shifted its focus from electronic products to crypto. 875 Total views 5 Total shares Hong Kong-listed virtual asset platform Huobi Technology Holdings has launched a cryptocurrency over-the-counter (OTC) service, the firm announced to Cointelegraph on Wednesday.Listed on the main board of the Hong Kong Stock Exchange (HKEX)…

Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole. Currently, Tether (USDT) and…

An Israeli blockchain intelligence firm claims to have identified proof of donations in Bitcoin (BTC) reaching Hamas, the de facto ruling authority of the Gaza Strip in Palestine. The development was reported by Israeli financial daily newspaper Globes Feb. 3.Globes reports that a BTC wallet address for receiving the funds was first published Jan. 31…

Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past two weeks, the country has traded the highest amount of Bitcoins on the peer-to-peer platform LocalBitcoins, according to…

Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust. 129 Total views 2 Total shares On June 22,  TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust, which is reportedly facing regulatory challenges. Following an order from state financial regulators, the Nevada-based Prime Trust reportedly…

The card will allow displaced Ukrainians to send and receive crypto payments and make transactions at retailers located in the European Economic Area. 507 Total views 3 Total shares Global crypto exchange Binance has launched a crypto card that allows refugees from Ukraine to make crypto transactions and receive funds through the Binance Visa Card.Binance…

An Aussie company operating an aquaculture farm in Malaysia is conducting the first initial public offering to accept crypto assets in Australia. 889 Total views 15 Total shares Australia’s crypto-friendly capital raising platform Stax has announced its client West Coast Aquaculture Group (WCA) will be conducting the country’s first initial public offering that accepts virtual…

Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. 446 Total views 478 Total shares The National Bank of Cambodia (NBC) continues progressing with its central bank digital currency-like initiative known as Bakong, disclosing several project milestones.NBC’s director-general and the Bakong project lead Chea Serey said in…

The suspect has claimed over 40,000 STRK coins that belonged to victims, before converting them to over $90,000 USDT.