Senator Richard Blumenthal is investigating payments made by Tether to Nxum, a consulting firm co-founded by Bo Hines, a former White House crypto adviser now leading Tether's U.S. operations. The probe focuses on potential ethical and legal issues since payments were made while Hines was shaping crypto policy in the White House. Blumenthal has sent letters demanding details about these business arrangements amid broader scrutiny of Tether's activities. This investigation could intensify if Democrats regain Senate control, with crypto oversight as a key focus for Blumenthal's subcommittee.
Tether's USDT maintains a market cap of Rp3.303,46 trillion and a 24-hour trading volume of Rp1.224,91 trillion on Pluang as of Oct 23, 2026 06:03 WIB. The stablecoin's price is Rp17.998 with a slight 1-day increase of 0.09%, reflecting steady trading activity amid ongoing regulatory scrutiny. Buy orders slightly outnumber sell orders at 51% to 49%, and typical hold time on Pluang is 91 days, indicating moderate investor confidence despite the investigation news.
Hyperliquid generated $3.91 million in revenue over 24 hours despite falling crypto markets, ranking third behind Tether and Circle. Over the past week, its revenue rose 20.37% to $18.37 million, driven by increased trading activity from sharp price ...
Binance transferred 32 million Tether USDt (USDT) to an unidentified wallet, but the recipient remains unknown. This large transfer raises questions about the purpose and destination of the funds, which could impact market liquidity or signal strateg...
Tether transferred 140 million USDT, worth about $139.9 million, from its treasury to the Bitfinex exchange, continuing a pattern of significant fund movements between the two. Within a three-hour period ending early Oct. 28, four transfers totaling ...
TRON, Tether, and Chainalysis have formed a Digital Crime Task Force to detect and disrupt illegal activities involving Tether's USDT on the TRON blockchain. The task force will monitor suspicious transactions, share intelligence with law enforcement...
Binance conducted an extra proof-of-reserves snapshot on Nov. 12 following a security breach on Oct. 29 that involved about $6.34 billion in crypto assets. The snapshot revealed a 0.35% increase in user Bitcoin holdings and a 1.04% rise in Ether bala...
