Bitcoin remains stuck below $80,000 following stronger-than-expected US payroll data that revived fears of a Federal Reserve rate hike. Despite a sharp drop and liquidations, market expectations for a Fed hike remain steady, with the upcoming CPI report seen as the real test. Meanwhile, Tether faces scrutiny after a security firm rated its USDT on Tron poorly due to risky administrative controls, though audits confirm solid reserves. Additionally, a hacker linked to a Coldcard exploit has moved $7.7 million in stolen Bitcoin, raising concerns. Altcoins show increased leverage and whale selling, signaling caution in the market. Other developments include delays in US crypto regulation votes and rising interest in Bitcoin ETFs.
In a recent 24-hour period, Pump.fun generated $1.98 million in protocol revenue, slightly surpassing Hyperliquid's $1.96 million. However, over a seven-day span, Hyperliquid led with $15.06 million compared to Pump.fun's $9.65 million. Tether and Ci...
Tether has frozen approximately $2.2 million in USDT connected to outflows from CoinDCX after the exchange admitted to losses caused by a failed process securing deposits sent to retired wallet addresses. The freeze specifically targets the USDT fund...
Papertrade generated $13.38 million in protocol revenue over seven days, ranking fifth among 10 protocols as of October 23. It trails behind Tether ($122.87M), Circle ($48.98M), Hyperliquid ($15.10M), and Pump ($14.71M). Papertrade offers synthetic p...
Tether has blacklisted several USDT wallets reportedly connected to abnormal outflows from CoinDCX, India's largest crypto exchange, freezing the funds at the smart-contract level. This move prevents any further transfers from those wallets and is pa...
The US Senate has launched an investigation into Tether, the issuer of the USDT stablecoin, over allegations it paid $6.3 million to a consulting firm linked to Bo Hines, a former White House crypto adviser. The payments were reportedly made through ...
