Celsius, 3AC And USDT Are Among The Biggest Crypto Liquidations This Week
Major cryptocurrency players, including Celsius (CRYPTO: CEL), 3AC, and Tether (CRYPTO: USDT), have experienced major liquidations.
Crypto Market Anxieties Heighten As Tether Market Cap Drops To $70B
Investors recently sold over $1.6 billion of Tether (CRYPTO: USDT), dropping its market capitalization to $70 billion.
Tron’s Stablecoin USDD De-Pegs, DAO Distributes Another $500 Million To Protect Peg
On June 15, stablecoin USDD (CRYPTO: USDD) broke its peg to the U.S. dollar and touched $ 0.9582. Consequently, Tron (CRYPTO: TRX) fell to $ 0.048.
Ethereum Tumbles Below $1,000 As 65,000 ETH Are Dumped On Uniswap By Whale
Ethereum (CRYPTO: ETH) plummeted to $950 at one point Monday, driven by 65,000 ETH dumped on Uniswap (CRYPTO: UNI).
Aussies Lost $81.5 Million to Crypto Scams This Year: ACCC
Australians lost over $AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) on Monday said.
According to ACCC, Australians lost a total of $AUD 205m ($148m) to various scams this year, a 166% increase compared to the same period last year.
Most Cryptos Have Equilibrium Value of Zero According To Reserve Bank of India’s Deputy Governor
Most cryptocurrencies have an equilibrium value of “exactly zero,” the Reserve Bank of India’s (RBI) Deputy Governor T Rabi Sankar said, even as he highlighted that central bank digital currencies (CBDCs) can “kill” whatever little case there could be for private digital currencies.
Here’s How People Lost Close To $1B Worth Of Crypto (Mostly Bitcoin) To Scammers
A new report by the Federal Trade Commission suggests that more than 46,000 people reported losing over $1 billion in payment scams involving cryptocurrencies since the start of 2021.
Tether Enters Latin America With Stablecoin Pegged To Mexican Peso
Tether (CRYPTO: USDT), the company operating the blockchain-enabled platform tether.to today announced the launch of MXNT, a stablecoin pegged to the Mexican Peso.
MXNT tokens will initially support Ethereum, Tron, and Polygon.
VC Firm a16z Raises $4.5 Billion For A Crypto Firm
At a time when the broader crypto market has entered a downturn following the collapse of TerraUSD (CRYPTO: USDT) and
10 Largest Cryptocurrencies By Market Cap: Terra Dives, Dogecoin Remains
As we near the close of the first half of 2022, cryptocurrencies and traditional equities have two things in common: both markets have fallen from all-time highs and remain volatile.