Settlement Volume Of Tether Surpasses Major Online Payment Services Giants

Tether, commonly known as USDT, the largest stablecoin in the entire crypto-verse by market valuation has earned a new achievement. The stablecoin’s trading volume has surpassed the likes of two major online payment services giants in the year 2022. The two major payment services giants being referred to are Visa and Mastercard. $18.2 Trillion Worth…

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SEC Takes Action Against Perpetrators Behind Ponzi Crypto Scheme Called “Coindeal”

SEC Initiates Enforcement Action against Fraudulent Crypto Investment Scheme In 2018, a crypto scheme called “Coindeal” surfaced which was originally launched by a person named Neil Chandran. Amongst the promoters of the scheme were notable individuals Linda Knott, Garry Davidson, and Michael Glaspie. The scheme was found to be nothing but a fraud i.e. another…

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The Details Of The Federal Probe Into Crypto Exchange Binance

Federal prosecutors have been investigating the largest crypto exchange in the world, Binance, for about four years now. However, the exchange’s close proximity to the now-defunct crypto exchange FTX, has prompted them to ask for new information in the said investigation. The investigation In the last couple of months, financial firms have been contacted by…

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Arrested Founder Of Mutant Ape Planet May Have Pulled Off Other NFT Rug Pulls

Last week, federal authorities arrested the founder of Mutant Ape Planet, Aurelien Michel. The NFT collection founder was accused of operating a scam scheme known as ‘NFT rug pull’. However, it appears that may have been just one of the numerous scams that Michel may have pulled off. Allegations On Friday, ZachXBT, a prominent blockchain…

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A Chain Of Pharmacies In Ukraine Starts Accepting Digital Currency Payments

Ukrainian Crypto Industry’s Rapid Growth Prior to Russia waging war against Ukraine, the latter was amongst the top countries where the crypto industry was expanding very rapidly. Despite the ongoing war, and despite various Ukrainian lands occupied by Russia, the crypto industry’s growth in the country hasn’t declined or reduced. In fact, Ukraine started to…

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How President Bukele Sees Bitcoin Future In El Salvador

El Salvador’s Bitcoin One cannot remove Bitcoin enthusiasm from Nayyib Bukele, President of the world’s first country to adopt Bitcoin as a local currency i.e. El Salvador. Under the direct supervision of the El Salvadoran President, Bitcoin was legally recognized as a national currency through a legislature. The initiative was taken in 2021 and since…

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Ethereum Moves Toward Consolidation But ETH Bulls Are Still Positive

In recent trading sessions, both Bitcoin and Ethereum have demonstrated somewhat similar trends. This is because just like Bitcoin, the price of Ethereum has recorded a consolidation. ETH Price has consolidated The data shows that in the recent trading sessions, the trading price of ETH has consolidated. The price of ETH had been surging higher…

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