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Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies

Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals Discrepancies

In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a b...
Aug, 10, 2023
2 min read
by Bitcoin News
Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among ...
Aug, 07, 2023
2 min read
by Bitcoin News
Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines

Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines

In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the de...
Aug, 04, 2023
2 min read
by Bitcoin News
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to ...
Jul, 13, 2023
2 min read
by Bitcoin News
Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty

Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty

On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. ...
Jun, 22, 2023
2 min read
by Bitcoin News