Tether freezes $225M in USDT linked to romance scammers amid DOJ investigation
    21 Nov 2023

    Stablecoin issuer Tether has frozen roughly $225 million worth of USDT as part of a United States Department of Justice investigation into a Southeast Asian human trafficking syndicate. In a Nov. 20 announcement, Tether said it had worked with the DOJ and crypto exchange OKX to freeze $225 million worth of USDT in “external self-custodied wallets.” The firm…

    Crypto traders are looking at Dogecoin (DOGE) again — Here’s why
    21 Nov 2023

    When memecoins go parabolic, it’s usually a market top signal and a warning that investors’ euphoria has peaked. The market witnessed similar speculative fury in the 2020–2021 bull market when Dogecoin chased after $1, Shiba Inu rallied by tens of thousands of percentage points, and nonfungible token prices hit eye-watering highs of six to seven figures. Despite…

    Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
    21 Nov 2023

    Average daily transaction fees on Bitcoin  have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. On Nov. 20, the average daily transaction fee for Bitcoin stood at $10.34, while Ethereum’s transaction fees came to an average of $8.43, according to BitInfoChart data. Bitcoin’s average daily trading fee notched a new six-month…