Howard Lutnick, chief executive of Cantor Fitzgerald, a US financial services company, spoke about the reserves of Tether's USDT stablecoin, stating that the cryptocurrency is adequately backed by liquid assets.
During an interview with Bloomberg TV, Lutnick confirmed that Tether has enough capital…
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Cryptocurrency
Bitcoin could surpass $100,000 quotation
Amid the official decision of the U.S. Securities and Exchange Commission (SEC) to approve the first spot-regulated Bitcoin ETFs, Anthony Scaramucci, founder of SkyBridge Capital, predicts a significant rise in the value of the…
Google Play Store blocked access to Binance in India
The Google Play Store in India recently excluded apps from cryptocurrency exchanges Binance and OKX. The move followed a notice of non-compliance issued by the Indian government, marking a stricter regulatory trend in the country towards…
Elon Musk wants to take bitcoin to Mars
In a surprising twist, Elon Musk, CEO of Tesla and founder of SpaceX, may be reconsidering the possibility of using bitcoin as a currency on Mars. Though initially resilient due to slow transaction reconciliation, Musk expressed his…
Shiba Inu received a significant injection of funds
This week Shiba Inu (SHIB) experienced an astonishing transfer of funds, totaling an impressive $36 million between anonymous wallets, marking a significant milestone for the cryptocurrency.
Despite the magnitude of this million-dollar…
Tether managed to issue up to 4 billion USDT
Over the past four weeks, stablecoin issuing giant Tether has minted an impressive total of 4 billion USDT tokens, further consolidating its leading position in the market.
The Tron blockchain hosted the most recent issuance of Tether,…
Titan Global was penalized for misleading claims and fraud
Fintech investment adviser Titan Global Capital Management has accepted a cease and desist order from the US Securities and Exchange Commission (SEC), along with a ban and sanctions, after the agency filed charges against it related to…
Coinbase authorized to offer crypto futures in the United States
Crypto-asset exchange Coinbase announced that its subsidiary Coinbase Financial Markets has obtained, two years after filing the application, regulatory approval from the National Futures Association (NFA) to offer US clients access to…
Founder of cryptocurrency platform FTX jailed for witness tampering
A federal judge in the United States has annulled this Friday the provisional freedom of Sam Bankman-Fried, co-founder and former CEO of the cryptographic asset exchange platform FTX, after the Prosecutor's Office held him responsible for…
2024 elections in the US would have an impact on cryptocurrencies
The US securities regulator could change its approach to crypto enforcement depending on key elections in 2024, says former SEC official John Reed Stark. In a tweet, he predicts that the Republican president could influence crypto…
Binance obtains license as the first authorized exchange in El Salvador
Binance, one of the world's leading cryptocurrency exchanges, has marked a major milestone by becoming the first fully authorized exchange in El Salvador. The company has obtained fundamental licenses that give it the ability to provide…
Binance.US is now accused of committing “wash trading”
Binance.US, the US arm of the renowned global cryptocurrency platform Binance, is in the midst of serious wash trading allegations brought by the US Securities and Exchange Commission (SEC). This practice consists of an entity carrying out…