Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most related crypto and financial information over the past week. In this problem: Venezuelan oil firm...
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
PDVSA, the state-owned Venezuelan oil firm, could be getting ready emigrate extra of its funds portfolio to USDT, a greenback stablecoin, to keep away from...
Tether Officially Reorganizes, Announces Four Different Business Divisions
Tether, one of many largest corporations within the cryptocurrency trade, has introduced a reorganization of its enterprise operations, in search of to restructure to help...
Celo Adds Tether’s USDT as Gas Currency
Celo, a low-fee, usability-focused blockchain, has authorized utilizing Tether’s USDT, a dollar-pegged stablecoin, to pay transaction charges. The handed governance proposal said this performance would...
Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
Tether, the USDT stablecoin issuer, introduced on April 1 that it had accomplished the System and Organization Controls (SOC) 2 Type 1 Audit, the best...
Tether Amplifies Bitcoin Holdings With Strategic 8,888.88 BTC Addition
Onchain information reveals the stablecoin large Tether has as soon as once more bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its...
Families Worth as much as $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study
Families with a internet value of as much as $100 million exhibit a robust desire for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a brand...
Turkish Citizens Seek Refuge in Gold and Stablecoins Amid Surging 67% Inflation Rate
According to February 2024’s newest inflation knowledge, Turkey faces an inflation fee exceeding 67%, amid ongoing forex devaluation and a declining lira towards the U.S....
Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
Tether, the corporate behind the issuance of USDT, the biggest stablecoin within the cryptocurrency market, introduced that it helped the U.S. authorities to grab $1.4...
Tether Launches USDT on Celo Targeting Increased Usability
Tether, the corporate behind the issuance of USDT, the most important stablecoin within the cryptocurrency market, has introduced the launch of its foreign money on...