Tether, a major stablecoin issuer, recently took a significant step in fighting against fraudulent schemes by collaborating with the US Department of Justice and the FBI. The joint effort resulted in the seizure of $1.4 million USDT associated with a tech support scam network that targeted vulnerable elderly individuals. The scammers exploited deceptive pop-up advertisements
The Nigerian government has recently obtained a court warrant to detain Binance officials for at least twelve days. This came after the officials insisted on being taken to their respective countries’ embassies. The government’s actions were reportedly in response to accusations of Binance aggravating the country’s foreign exchange challenges by manipulating rates for profit. Reports
The recent surge in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention in the investment community. Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, discussed this phenomenon on CNBC’s ‘Halftime Report’. The market witnessed a remarkable increase in investment, with approximately $20 billion pouring into the market following