According to a Friday report by the Wall Street Journal, Tether, the flagship stablecoin issuer, is currently being investigated by the US government. The probe is meant to determine whether or not Tether has violated anti-money-laundering rules and sanctions. The Bitcoin price plunged sharply lower following the report, currently trading at $65,971 on the Bitstamp
Author: u-today
Founder and CEO of on-chain data aggregator CryptoQuant has shared several key reasons why he expects that in six years, the initial vision that Satoshi Nakamoto had for Bitcoin is likely to finally come true. “Bitcoin likely to become “currency” by 2030″ Ki Young Ju, the founder and chief executive officer at CryptoQuant, addressed the
Attorney Fred Rispoli has tried to soothe concerns about the SEC’s potential appeal in the Ripple case. According to the legal expert, if the regulatory agency does decide to appeal the case, there will not be a ruling in the case until at least 2026. He has noted that the SEC suing exchanges and alleging
Global asset management firm Franklin Templeton Investments has shared its bullish stance on Solana (SOL). Its team has explained why Solana is a major player in the industry and how it is going to shape the industry in the future. This support from Franklin Templeton is considered a major bullish catalyst for SOL. The firm
In the wake of a massive breach of WazirX, an Indian crypto exchange, resulting in a loss of $234.9 million, reports have suggested the involvement of a ‘’Lazarus Group” with connections to North Korea. ZachXBT, a crypto investigator, claimed on X to have uncovered the mystery behind the massive security breach at the WazirX platform.
The web3 gaming, Pixelverse, is shaking things up with a groundbreaking 30% airdrop for its PIXFI token. The company, boasting over 75 million players through its popular PixelTap app, aims to redefine airdrops by rewarding community members. To incentivize early participation, Pixelverse will distribute unique NFTs to all PixelTap and Dashboard users registered before July
Shiba Inu Price Tanks 10% After WazirX Hack Implicates $100M in SHIB According to blockchain analyst Lookchain, 5.43 trillion SHIB tokens worth $102 million were stolen in the hack. News of the WazirX hack spread rapidly, causing Shiba Inu (SHIB), a well-known memecoin, to drop by 10% within a few hours, from $0.00001886 to $0.0000174.
Elon Musk, the owner of the popular social media platform X, has published a new post that triggered a reaction from many X users, including the global cryptocurrency community, and the XRP and SHIB armies in particular. Elon Musk triggers XRP army Musk published a short video with the X logo earlier today, perhaps to