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…

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…

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…