S&P Global Ratings, the American credit rating agency, has assigned Tether its lowest possible rating, drawing a strong rebuttal from the company behind the world’s most widely used dollar-pegged token. S&P Issues ‘Weak’ Assessment for USDT On Wednesday, S&P Global Ratings assigned Tether its lowest stablecoin risk rating: “5 (weak)”.
Visit Website
Argentina’s President Javier Milei is doubling down on crypto adoption as part of his broader economic reform agenda. Known for his libertarian ideals and criticism of central banks, Milei’s policies indicate a bold shift toward embracing digital currencies, such as Bitcoin, alongside traditional currencies. Interestingly, a recent disclosure confirms that his second year in office…
Today’s lower Bitcoin prices are driven by better-than-expected U.S. job data and a slight reduction in BTC supply held by its largest holders. Bitcoin (BTC) price has dipped by approximately 3.25% in the last 24 hours to reach $3,690 on June 8. The BTC/USD pair is outperforming the broader crypto market, whose valuation has dropped…
Every crypto bull market produces its own superstars, those tokens that seemingly drop out of the sky, hog the spotlight, and sprint up the charts. Usually, the road to success is a long, grueling climb where teams spend years building, fundraising, and pleading for a shred of relevance. BlockDAG is rewriting that playbook. It isn’t…
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter of cryptocurrency, acknowledges that the industry is currently working to address usability concerns associated with…
A long-dormant Bitcoin fortune tied to a convicted Irish criminal has resurfaced, marking a breakthrough in a case that has puzzled authorities for nearly a decade. – On March 24, officials transferred 500 BTC, worth approximately $35 million, in what they described as a coordinated enforcement operation. Ireland’s Criminal Assets Bureau (CAB), working alongside Europol,…
A Coinbase user has reportedly lost 110 cbBTC, valued at $11.5 million. The loss occurred after the user fell victim to a social engineering scam on Base, the Ethereum layer-2 network backed by the exchange. On January 31, blockchain investigator ZachXBT uncovered the exploit, linking it to a broader pattern of fraud affecting Coinbase users….