Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers […]
#USDT0 #Launches #Arbitrum #Backing #Faster #Transfers
Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024, bitcoin crossed the … Read more
Este artículo también está disponible en español. Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is … Read more
Follow Nikolaus On X Here At the tail end of yesterday, MacroScope, a financial analyst focusing on Bitcoin, revealed a new SEC filing stating that Microsoft is voting this December on whether it should invest in bitcoin. At first I thought there is no way this happens right now, and figured it will just be … Read more
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese … Read more
The post BitForex Exchange is Back After 5 months: Not as You Would Think! appeared first on Coinpedia Fintech News After a mysterious five month shutdown, BitForex, a well known cryptocurrency exchange, is finally resuming user withdrawals. The platform had been inoperative since February 23, 2024 when Jiangsu Province police in China detained its team … Read more
Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges. #Celsius #CEO #return #court #Nov