Crypto-news

Major stablecoin issuer Tether has launched a recovery tool to migrate its Tether stablecoin between different blockchains amid USDT hitting a $100-billion market capitalization. Tether announced the launch of a blockchain recovery plan on March 4 to ensure stable access to USDT in case of disruptions faced by one of multiple blockchain networks used for USDT transactions. According…

Crypto traders using options and futures to gain exposure to Bitcoin are out of pocket a staggering $1 billion after the cryptocurrency crashed more than 14% from its new all-time high of $69,200 on March 5. In a March 6 post to X, on-chain analytics provider Santiment wrote that the total open interest (OI) on exchanges for Bitcoin,…

The memecoin frenzy has seen trending memecoins, such as Pepe, Floki, Bonk and others, record a massive rally over the past week. The memecoins have recorded a price surge of over 500% and a nearly 3,000% surge in trading volume. According to data shared by Santiment, on average, Pepe, Floki (FLOKI), Shiba Inu and Bonk (BONK)…

Crypto stablecoin Tether has crossed an all-time high market capitalization of $100 billion, posting a 9% year-to-date growth and furthering the gap between its next-largest rival, USD Coin. USDT momentarily hit its $100 billion milestone on March 4 as the market capitalization fluctuates based on the current price and circulating supply, according to data from CoinGecko. It’s over…

Bitcoin (BTC) enthusiasts had no shortage of bullish commentary on social media platform X amid a meteoric rise in the price of BTC over the last week — which is now fast approaching a new all-time high price of $69,000. As at the time of publication, Bitcoin is trading at $68,300, up 7% over the last 24…

Crypto users and projects must keep their heads on a swivel going into the next bull market, watching out for untrustworthy exchanges, unsecured decentralized finance (DeFi) protocols and ever-evolving phishing scams. In January, hackers launched 30 attacks and made off with over $182.5 million in stolen funds, marking a year-on-year increase of 771% from January…