Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian […] Source
One artificial intelligence (AI)-focused altcoin is surging after going live on South Koreaโs largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange…
Stablecoin operator Tether has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, forcing the platform to halt operations. โTether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles [$27 million],โ Garantex wrote on its official announcement channel on Telegram on March 6. The exchange said it has temporarily suspended all services, including withdrawals, with its website currently under maintenance. The news comes shortly after the European Union sanctioned Garantex as part of the 16th package of…
Vietnam is taking significant steps to establish a regulatory framework for digital assets. Deputy Finance Minister Nguyen Duc Chi announced that the country will pilot a digital asset exchange in March. Vietnam Seeks to Align With Countries Embracing Crypto Vietnam’s Deputy Finance Minister Nguyen Duc Chi has announced that the country plans to pilot a […] Source
Este artรญculo tambiรฉn estรก disponible en espaรฑol. Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing multiple bullish signals that suggest a potential upside move. However, rising exchange reserves are tempering this optimism. Has Ethereum Formed A Local Bottom? Ethereum has dropped nearly 20% over the past two weeks, falling from approximately $2,805 on February 23 to just above $2,200 at the time of writing. This decline has wiped out $80 billion from ETHโs market cap. Related Reading Despite this sharp pullback, crypto analysts are pointing to several bullish…
Bitcoinโs price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surgedย above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading just below $93,000, signaling an unstable upward momentum in the crypto market. Amid this price movement, a recent analysis by CryptoQuant analyst KriptoBaykusV2 highlights an evolving pattern in Bitcoinโs net exchange flow, offering insight into…
BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya ๐๏ธ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMartโs strategy, the latest crypto trends, and the exchangeโs expansion efforts. Here are…
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SECโs dismissal of the case, revealed on Monday, marks a significant development in the […] Source
Bithumb, one of the largest cryptocurrency exchanges in Korea by trading volume, has signed a sponsorship deal with FC Seoul. This initiative, which marks the exchange’s eighth project aimed at contributing to various cultural fields, will see Bithumb serve as an official sponsor for the 2025 season. FC Seoul, one of Korea’s most popular professional […] Source
Gemini co-founder Cameron Winklevoss says that federal securities regulators have ended their probe into the US-based crypto exchange. According to Winklevoss, the U.S. Securities and Exchange Commission (SEC) has informed Gemini lawyer Jack Baughmanย that it hasย concluded its investigation and will not pursueย an enforcement action against the platform. The SEC has already dropped its case against the crypto exchange Coinbase and is shutting down investigations into the non-fungible token (NFT) marketplace OpenSea, the retail trading app Robinhood and the decentralized cryptocurrency exchange (DEX) UniSwap. Winklevoss says these developments mark a milestone…