Summary: The Nigerian Federal Government has charged four individuals and several firms with operating as financial institutions without licenses, including transactions involving USDT (Tether) against Naira. They face prosecution for violating the Banks and Other Financial Institutions Act.

• Sentiment: -0.7
• Nairametrics @ 2024-09-11 12:23:00 EDT Read More

Summary: The Federal Government of Nigeria has charged four crypto dealers and firms with operating without a valid license, including negotiating USDT against Naira. The case involves alleged manipulation of the Naira's value and money laundering through cryptocurrency exchanges.

• Sentiment: -0.6
• Gatekeepers News @ 2024-09-11 22:59:52 EDT Read More

Summary: USDT holdings on cryptocurrency exchanges have surged, with $3.65 billion flowing into the market recently. This influx, including $300 million yesterday, indicates growing investor interest and potential upcoming buying pressure amid anticipated economic developments.

• Sentiment: 0.7
• NullTX @ 2024-09-11 06:23:36 EDT Read More

Summary: Indodax lost $6.14 million USDT in a hack by North Korea's Lazarus group. The attack exploited security flaws, leading to significant theft and conversion of funds. Indodax has halted operations for maintenance and moved remaining assets to a cold wallet.

• Sentiment: -0.6
• The Crypto Basic @ 2024-09-11 06:21:40 EDT Read More

Summary: USDT, controlled by Tether Holdings, has become a major cryptocurrency with $190 billion daily transactions. However, it's also a tool for illicit activities, helping evade sanctions and law enforcement, with limited success in tracking and freezing suspicious transactions.

• Sentiment: -0.4
• Newsmax @ 2024-09-11 11:49:48 EDT Read More

Summary: DOGS has become the third-most-owned crypto just days after its airdrop, trailing only Ethereum and USDT for unique token holders on the TON blockchain, with over 17 million users participating.

• Sentiment: 0.9
• Crypto News Flash @ 2024-09-11 09:26:35 EDT Read More

Summary: Major L2 chains crossed the threshold of $10B in stablecoins. Inflows from Ethereum and the presence of lively apps raised ...

• Sentiment: 0.0
• cryptopolitan @ 2024-09-11 16:20:28 EDT Read More

Summary: Ultrapro Exchange has launched the 25 USDT Bonanza, offering new users a 25 USDT reward for registration. This initiative aims to boost engagement and accessibility on the platform, which supports over 120 cryptocurrencies, including USDT.

• Sentiment: 0.1
• Mena FN @ 2024-09-11 07:10:41 EDT Read More

Summary: Ultrapro Exchange has launched the 25 USDT Bonanza, a promotional event offering new users a 25 USDT reward upon registration. This initiative aims to boost engagement and participation in the platform’s trading ecosystem.

• Sentiment: 0.6
• EIN News @ 2024-09-11 04:20:03 EDT Read More

Summary: The increase in exchange reserves for stablecoins, particularly USDT, signals a buildup of buying power that could positively impact Aave’s price, potentially leading to higher values if stablecoin funds are injected into the market.

• Sentiment: 0.7
• AMBCrypto @ 2024-09-11 04:00:21 EDT Read More

Summary: Aave has surpassed a key trendline, signaling potential for further price gains; Increased stablecoin reserves, particularly USDT, may boost Aave's price as...

• Sentiment: 0.0
• Coinspeaker @ 2024-09-11 06:39:40 EDT Read More

Summary: The T3 Financial Crime Unit, formed by Tether, TRM Labs, and Tron, aims to combat illegal activities involving USDT on the Tron network. This collaboration seeks to address the high rate of USDT-related criminal activity within Tron’s ecosystem.

• Sentiment: 0.2
• Crypto News Australia @ 2024-09-10 23:30:10 EDT Read More

Summary: The T3 Financial Crime Unit, a collaboration between Tether, the Tron network, and TRM Labs, has seized $12 million in USDT shortly after its launch. This unit aims to combat illicit activities involving USDT on the Tron blockchain.

• Sentiment: 0.5
• The Crypto Basic @ 2024-09-11 04:11:21 EDT Read More

Summary: The T3 Financial Crime Unit (T3 FCU) has been established by Tether, Tron, and TRM Labs to combat criminal activity involving USDT on the Tron network, which holds over $60.7 billion worth of USDT. The unit aims to track and report illicit transactions.

• Sentiment: 0.2
• Live Bitcoin News @ 2024-09-11 04:00:37 EDT Read More

Summary: Tron is partnering with TRM Labs and Tether to combat USDT with T3FCU and crypto related crimes. Binance is active in fighting off hackers.

• Sentiment: 0.0
• 99Bitcoins @ 2024-09-11 05:57:55 EDT Read More

Summary: Tron's collaboration with TRM Labs and Tether led to the creation of the T3 Financial Crime Unit to address criminal activity involving USDT on its platform. This initiative aims to combat illegal behaviors like fraud and botting, enhancing platform security.

• Sentiment: 0.3
• CoinTrust @ 2024-09-11 06:39:46 EDT Read More

Summary: The T3 Financial Crime Unit, involving Tron, Tether, and TRM Labs, combats criminal use of USDT in the TRON network. The task force has already blocked over $12 million in illicit transactions, addressing scams and frauds linked to USDT.

• Sentiment: 0.1
• Coinpedia @ 2024-09-11 10:54:44 EDT Read More

Summary: Since July 2024, T3 FCU has frozen $12M in USDT associated with illegal activities globally.

• Sentiment: 0.0
• CryptoNewsZ @ 2024-09-11 08:30:11 EDT Read More

Summary: TRON, Tether, and TRM Labs announced they have joined forces to establish the T3 Financial Crime Unit (T3 FCU), a ...

• Sentiment: 0.0
• Crowdfund Insider @ 2024-09-11 11:21:49 EDT Read More

Summary: The T3 Financial Crime Unit, formed by Tether, Tron, and TRM Labs, is targeting illegal activities involving USDT on the Tron blockchain. They have frozen over $12 million in USDT linked to crimes and aim to enhance security in the crypto sector.

• Sentiment: 0.4
• AMBCrypto @ 2024-09-11 18:00:52 EDT Read More