CryptoNews

Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet – Legal Bitcoin News

March 15, 2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks one of the first times that the U.S. has recovered USDT from an unhosted wallet. Tether Helps U.S.
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Ethereum's Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability – Blockchain Bitcoin News

March 15, 2024
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2) networks, Dencun introduces vital improvements aimed at boosting Ethereum’s scalability. This enhancement…
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BILS:Connecting Digital Currencies to the Israeli Economy

March 14, 2024
Israel has taken a significant step in the cryptocurrency domain by green-lighting a pilot for BILS, the first stablecoin pegged to the New Israeli Shekel. Bits of Gold and Israeli Authority Launch BILS Stablecoin in Regulatory Sandbox The initiative, spearheaded by the…
CryptoNews

New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings

March 14, 2024
A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale. With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five days. Scotty the AI Unleashes Meme Power & AI Utility While meme coins have often been criticized for lacking real-world utility…
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Tether Launches USDT on Celo Targeting Increased Usability

March 13, 2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability…
CryptoNews

Blackrock's Spot Bitcoin ETF Holdings Near 204K BTC as Demand Soars

March 13, 2024
Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management (AUM). IBIT’s Bitcoin Holdings Continue to Grow Blackrock’s Ishares Bitcoin Trust (IBIT), the world’s…
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