AMB Rose by More Than 66% in 24H, Breaking Through 0.012 USDT at One Point This Morning
Market shows that AMB rose to 0.01244 USDT this morning and is now reported at 0.01083 USDT, with a 24-hour increase of 66.36%.
Data: The Current Total Market Value of Stablecoins Is About 124.5 Billion U.S. Dollars, an Increase of 1.09% in the Past Week
According to DefiLlama data on August 28th, the current total market value of stablecoins is about $124.576 billion, an increase of 1.09% from the past week. In addition, the market share of USDT stablecoin is 66.44%.
Tether Transparency Report: Total Assets Reach $86.1 Billion, Reserve Ratio Exceeds 100%
On August 25th, as reported by Cointelegrahp, Tether's transparency report shows that Tether currently has nearly 3.3 billion US dollars in liquidity reserves. As of August 24th, Tether's total assets were 86.1 billion US dollars, total liabilities were 82.8 billion US dollars, and the reserve ratio was over 100%.
PEPE 24H Fell by More Than 20%, and It Is Now Reported at 0.0000008747 USDT
According to the OKX market, PEPE's 24-hour decline reached 20.64%, now reporting 0.0000008747 USDT. Earlier news, the PEPE multi-signature wallet threshold was changed from 5/8 to 2/8, and over 16 trillion PEPE were transferred to CEX.
DEA Loses $55,000 in Seized Tether to Scammer in Address Poisoning Attack
The United States Drug Enforcement Administration (DEA) lost $55,000 in seized Tether earlier this year due to a scammer's "address poisoning" tactic. The DEA had seized over $500,000 worth of USDT from two Binance accounts suspected of laundering drug money.
The Address That Lent 10 Million USDT From Aave Yesterday by Staking ETH 4 Hours Ago Again Withdrew 5,500 ETH From Binance
Data analyst Yu Jin monitored an address that borrowed 10 million USDT from Aave by pledging ETH and withdrew 5,500 ETH (worth $9.24 million) from Binance four hours ago. Since July 31, this address has withdrawn a total of 22,771 ETH (worth $38.5 million) from Binance, with an average price of $1,691.
About 675,000 USDT has been stolen from the phishing address in the past 5 days
According to PeckShieldAlert monitoring, the phishing address 0xC94a...5701 has stolen approximately 675,000 USDT through approved scams in the past 5 days. If you have approved unlimited USDT spending on 0x575c...547d, please revoke token permission.
Tether: Destroyed 1.2 Billion USDT in the Early Morning for Chain Exchange and Redemption, the Total Supply Has Not Changed
Tether announced on X platform in the early morning that within a few minutes, Tether would destroy 1.2 billion USDT (on Tron) accumulated in the vault wallet on the Waves platform, as part of the previous cycle's chain swap and redemption. The total supply of USDT will not change during this process.On-chain data shows that a few minutes after Tether released the above announcement, Tether's vault had destroyed 1.2 billion USDT on the Tron network at 01:17 Beijing time.
Binance.US Has Adopted USDT As the New Trading Base Asset
According to an official announcement, Binance.US has adopted the stablecoin USDT, which is pegged to the US dollar, as the new trading base asset instead of the US dollar. Through partnerships with third-party payment providers such as MoonPay, Binance.US has launched the "Buy and Sell Cryptocurrency with USDT" feature on its mobile app and will later offer this feature on its website.
Data: Over 6800 USDT transferred from Hotbit to DeepCoin
According to Whale Alert monitoring data, 68,540,472 USDT were transferred from Hotbit to DeepCoin.
The Current Total Market Value of Stablecoins Is Approximately US$123.4 Billion
According to DefiLlama data on August 21, the total market value of stablecoins is $123.448 billion, a decrease of 0.82% (or $1.025 billion) in the past 7 days, and a decrease of 10% from $137.77 billion on January 1, 2021, reaching the lowest level since July 30, 2021. In terms of market value ranking, the top three stablecoins are currently USDT ($82.9 billion), USDC ($25.6 billion), and BUSD ($3.975 billion).
Notice on Converting New Bitshares (NBS) Token Balances to USDT
Binance will perform a conversion of any remaining New Bitshares (NBS) balances to USDT based on users’ NBS holdings in their Binance wallets at the snapshot time of 2023-09-09 00:00 (UTC).
An Address Withdrew 8,534 ETH From Binance Yesterday, and Transferred 10 Million USDT to Binance Early This Morning
On August 18th, according to on-chain analyst Yu Jin monitoring, an address starting with 0xeb29 withdrew 8534 ETH from Binance at an average price of $1747, equivalent to approximately $14.9 million. Then, more than 7 hours ago, they transferred 10 million USDT into Binance.
The Total Market Capitalization of Stablecoins Fell for 17 Consecutive Months to a Range of $124 Billion, the Lowest Since August 2021
CCData, a cryptocurrency analysis platform, released a "Stablecoin and CBDC Report" showing that the total market value of stablecoins continued to decline in August, with a drop of 1.28% to the range of $124 billion, setting a new low record for stablecoin market value since August 2021, and stablecoin market value has been declining for 17 consecutive months.
Tether discontinues support for Omni Layer, Kusama and Bitcoin Cash SLP in strategic shift
Tether, the company responsible for the popular stablecoin USDT, has announced a change in its strategic priorities. As a result, it will no longer support the blockchain platforms Omni Layer, Kusama, and Bitcoin Cash SLP. <br>
WeMade Sold 8.218 Million WEMIX Last Year and Obtained 55 Million USDT
WeMade disclosed in its semi-annual report on the 16th through the electronic disclosure system of the Financial Regulatory Bureau that it sold 8.218 million WEMIX through Hyperism on GateIo and Mexi last year and received 55.392 million USDT (approximately 7.47 billion Korean won).
Tether CTO Paolo Ardoino unveils details of the company's new Bitcoin mining software, Moria
Tether's Chief Technology Officer (CTO) Paolo Ardoino has revealed details about the company's new Bitcoin mining software, Moria. Ardoino announced the name of the revolutionary coordinator module and stated that for Tether's Bitcoin mining software Moria, the coordinator module will be called "Ork", laying the foundation for a deeper understanding of the software's functionality.
Ardoino stated that although there are many cloud-based Bitcoin mining trackers, everything he has seen so far is not truly customizable and lacks real-time, tick-by-tick deep orchestration capabilities. Optimizing output through tick-by-tick data.
Ardoino shared the future roadmap of the software, stating that once the Bitcoin mining part is fully implemented, the software will be extended to coordinate energy production. There are incredible amounts of information available from solar panels, wind turbines, etc.
The architecture of Moria is based on the Holepunch system, designed specifically for scalability and modularity. It can collect data from different types of devices, aggregate this data, and then use advanced technologies such as artificial intelligence prediction models for analysis.
Victim of $166K Crypto Hack Gets Attacker’s USDT Address Blacklisted
A victim of a hack worth 90 Ether (ETH) has worked with police and cyber authorities to get the attacker's Tether (USDT) address blacklisted, potentially allowing them to recover most of their stolen funds. The victim's hot wallet seed phrase was compromised in March, resulting in the theft of Yuga Labs-related NFTs, other crypto, and NFTs from smaller projects.
Synthetix Has Launched the USDT Perpetual Contract Market
On August 10th, Synthetix synthetic asset agreement has launched the USDT perpetual contract market. Users can conduct USDT leveraged trading through the integrated Synthetix Perps trading front-end (Kwenta, Polynomial, and dHEDGE), and the price will be fed by the Pyth oracle.
Tether CTO: Will Launch Mobile App Based on USDT and XAUT Payments
Tether's Chief Technology Officer, Paolo Ardoino, announced on social media that they will launch a mobile application that is entirely based on USDT and XAUT payments to facilitate international B2B, B2C, and C2C purchasing settlements. This solution supports direct payments, escrow, dispute resolution platforms, and will also support the Bitcoin Lightning Network. Currently, "the application is still in the testing phase and will be launched soon."
