2 significant events occurred in the past 24 hours.
Tether's growth boosts stablecoin market.
2024-08-18 05:10:29 EDT, Sentiment: 0.61
Tether’s growth spurt is driving a $2.21B increase in the stablecoin market over 8 days.
Whale Continues Significant $WBTC Accumulation and $USDT Borrowing Strategy
Summary: A whale recently borrowed $17.46 million USDT from Aave after accumulating 846.5 WBTC worth $53.76 million. This move involved depositing WBTC into Aave, highlighting a significant strategy involving USDT borrowing.
- Sentiment: 0.2
- Blockchain News @ 2024-08-18 10:10:29 EDT Read More
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether's Growth Spurt
Summary: The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion.
- Sentiment: 0.0
- Bitcoin.com News @ 2024-08-18 09:10:29 EDT Read More
Justin Sun Highlights TRON's Massive USDT Liquidity Pool
Summary: Justin Sun highlights TRON's major advantage with its $60 billion USDT liquidity pool, claiming it significantly surpasses other blockchain protocols. This liquidity is vital for the success of memecoin platforms, setting TRON apart in the market.
- Sentiment: 0.6
- Blockchain News @ 2024-08-18 05:10:29 EDT Read More
Chinese Authorities Uncover $1M USDT Laundering
2024-08-18 04:00:00 EDT, Sentiment: 0.4
Chinese authorities have uncovered a $1 million money laundering operation involving USDT.
Chinese Authorities Expose $1M USDT Money Laundering Operation
Summary: In Qingdao, China, police arrested nine suspects in a money laundering scheme involving over ¥8 million and the stablecoin USDT. The criminals used USDT to obscure financial transactions, illustrating the increasing role of digital currencies in illicit activities.
- Sentiment: -0.2
- deythere @ 2024-08-18 04:00:00 EDT Read More
