2022-12-09

📬Tether (USDT): A Giant With Feet of Clay?

Daily Digest – December 9th

 

  • Coinbase encourages users to exchange USDT for USDC

  • Nomad Bridge to relaunch with offer of partial compensation, months after $190M Hack

  • Ethereum Developers eye March 2023 to release staked Ether.

  • Total crypto market cap falls to $840B, butderivatives data shows traders are neutral

  • US banking regulators issue crypto warning to "approach with caution"

Tether (USDT): A Giant With Feet of Clay?

The world’s biggest stablecoin, Tether (USDT), ranks third in the Olympus of crypto with over $65.5 billion market value. But while its status shines bright, the reputation of Tether lurks in...

    Coinbase Questions Tether’s (USDT) Stability Amid Growing Concerns Over Stablecoins

    Amid growing concerns over stablecoin reserves, major crypto exchanges are taking steps to prop up their stablecoin ecosystems. This includes efforts to take users from other...

    Huobi Research Provides Prediction and Suggestions for the Crypto Industry for 2023

    Huobi has published its 2022-2023 annual report, providing an overview of the industry’s performance in 2022 while giving suggestions on...

     Shiba Inu (SHIB) Shares First Glimpse into WAGMI Temple Inside SHIB Metaverse

    Yesterday, the Shiba Inu (SHIB) Metaverse developer team shared a sneak peek into the WAGMI (We’re All Gonna Make It) Temple, the first in a series of...

    Binance Launches Bored Ape NFT Staking Program

    Binance, the world’s largest cryptocurrency exchange, has announced a new NFT staking program. Through this program, users can stake their BAYC-issued NFTs and...

    That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team