Why do people in Libya use USDT?
The Libyan dinar changes value. Over the past year, it lost about 17% against the US dollar — that is from TradingEconomics data on September 2.
USDT is different. One USDT tracks one US dollar. When the dinar moves, USDT holds its value in dollar terms.
This is why many people in Libya keep some savings in USDT. It is also a way to send money to family abroad without going through a bank.
Simple version: USDT is a digital dollar on your phone. No bank account needed. You send it anywhere in seconds.
The card shows the live USDT/LYD rate at our desk — check it before you buy or sell.
The Libyan dinar changes value. Over the past year, it lost about 17% against the US dollar — that is from TradingEconomics data on September 2.
USDT is different. One USDT tracks one US dollar. When the dinar moves, USDT holds its value in dollar terms.
This is why many people in Libya keep some savings in USDT. It is also a way to send money to family abroad without going through a bank.
Simple version: USDT is a digital dollar on your phone. No bank account needed. You send it anywhere in seconds.
The card shows the live USDT/LYD rate at our desk — check it before you buy or sell.
AI answers can lead to fake websites.
On September 4, a crypto user reported losing $2.1 million after clicking a link from a ChatGPT answer. The link looked real but led to a phishing site. The user approved a transaction — and the money was gone.
New York officials also warned this week that AI-generated content makes investment scams more convincing. Reported scam losses topped $8 billion in 2025, up 38% from the year before.
What this means for you: AI tools can make mistakes. Some answers include links to fake websites that look real. Before you click any link and connect your wallet, check the address yourself. If you are not sure, do not approve.
On September 4, a crypto user reported losing $2.1 million after clicking a link from a ChatGPT answer. The link looked real but led to a phishing site. The user approved a transaction — and the money was gone.
New York officials also warned this week that AI-generated content makes investment scams more convincing. Reported scam losses topped $8 billion in 2025, up 38% from the year before.
What this means for you: AI tools can make mistakes. Some answers include links to fake websites that look real. Before you click any link and connect your wallet, check the address yourself. If you are not sure, do not approve.
Bitcoin is back near $80,000.
After a wild week, BTC trades around $79,800 today. It briefly touched $80,120 on September 5 — but could not break through the $81,000 wall.
Two forces pull in opposite directions. Spot ETFs pulled in almost $1 billion this week — BlackRock's fund alone brought $731 million. That is real buying. But a strong US jobs report raised the chance of another rate hike to 58%, and that pushed prices back down.
What this means for you: the next big moment is the CPI report on September 11, then the Fed meeting on September 15-16. Price may move around. If you send USDT, the Bitcoin price does not change your transfer — the network and the address still matter most.
After a wild week, BTC trades around $79,800 today. It briefly touched $80,120 on September 5 — but could not break through the $81,000 wall.
Two forces pull in opposite directions. Spot ETFs pulled in almost $1 billion this week — BlackRock's fund alone brought $731 million. That is real buying. But a strong US jobs report raised the chance of another rate hike to 58%, and that pushed prices back down.
What this means for you: the next big moment is the CPI report on September 11, then the Fed meeting on September 15-16. Price may move around. If you send USDT, the Bitcoin price does not change your transfer — the network and the address still matter most.
Europe pulled USDT off its exchanges.
A new EU law called MiCA requires stablecoin makers to get a license. Tether, the company behind USDT, did not apply. So exchanges like Coinbase, Kraken, Binance and Revolut removed USDT for European users through July and August.
Revolut then launched EURR — its own euro stablecoin. It tracks the euro instead of the dollar and follows MiCA rules from the start.
What this means for you: this only affects people using EU-based exchanges. If you send USDT on TRC20 from Libya, nothing changes — your transfers work the same way. USDT is still the most used stablecoin in the world. But it is good to know that rules around stablecoins are getting tighter in some places.
A new EU law called MiCA requires stablecoin makers to get a license. Tether, the company behind USDT, did not apply. So exchanges like Coinbase, Kraken, Binance and Revolut removed USDT for European users through July and August.
Revolut then launched EURR — its own euro stablecoin. It tracks the euro instead of the dollar and follows MiCA rules from the start.
What this means for you: this only affects people using EU-based exchanges. If you send USDT on TRC20 from Libya, nothing changes — your transfers work the same way. USDT is still the most used stablecoin in the world. But it is good to know that rules around stablecoins are getting tighter in some places.
Liquid Network stopped all transfers yesterday.
Liquid Network is a Bitcoin sidechain built by Blockstream. Exchanges use it to move Bitcoin faster. On September 6, someone used a software bug to pull about 4,000 BTC — worth $320 million — from the network's shared wallet.
The people who took the money say they are "white-hat" hackers. That means they claim they found the bug first and may return the funds once it is fixed. But the money is gone for now.
Liquid has halted all transactions while it investigates. Blockstream confirmed the exploit in a statement on September 6.
What this means for you: this happened on a sidechain, not on Bitcoin itself. If you hold Bitcoin in your own wallet or send USDT on TRC20, your money is not affected. But it is a good reminder — even systems built by experts can have bugs. Know where your crypto is stored.
Liquid Network is a Bitcoin sidechain built by Blockstream. Exchanges use it to move Bitcoin faster. On September 6, someone used a software bug to pull about 4,000 BTC — worth $320 million — from the network's shared wallet.
The people who took the money say they are "white-hat" hackers. That means they claim they found the bug first and may return the funds once it is fixed. But the money is gone for now.
Liquid has halted all transactions while it investigates. Blockstream confirmed the exploit in a statement on September 6.
What this means for you: this happened on a sidechain, not on Bitcoin itself. If you hold Bitcoin in your own wallet or send USDT on TRC20, your money is not affected. But it is a good reminder — even systems built by experts can have bugs. Know where your crypto is stored.
Fake security alerts are hitting crypto users.
On September 3, Binance warned that scammers are sending fake text messages to its users. The texts look real. They say things like "unusual login detected" or "your account will be suspended."
The message includes a link. The link leads to a fake website that looks like the real one. If you enter your password or approve a transaction, the scammers take your money.
Some texts even fake the sender ID, so the name "Binance" shows up on your phone screen.
What this means for you: no real exchange sends a text asking you to verify your password or approve a login through a link. If you get a message like this, do not click. Open the app yourself and check there.
On September 3, Binance warned that scammers are sending fake text messages to its users. The texts look real. They say things like "unusual login detected" or "your account will be suspended."
The message includes a link. The link leads to a fake website that looks like the real one. If you enter your password or approve a transaction, the scammers take your money.
Some texts even fake the sender ID, so the name "Binance" shows up on your phone screen.
What this means for you: no real exchange sends a text asking you to verify your password or approve a login through a link. If you get a message like this, do not click. Open the app yourself and check there.
Bitcoin dropped below $79,000 today.
BTC fell about 1.6% in 24 hours to around $78,400 on September 8. Ethereum also slipped about 1%, to near $2,470.
Two things pushed prices down. Fighting between the US and Iran made investors move away from risk. And a strong US jobs report raised the chance of another rate hike — higher rates tend to hurt crypto.
But ETF inflows are still strong. Almost $1 billion came in this week — the third week in a row. Big investors are still buying.
What this means for you: the next key moment is the CPI report on September 11, then the Fed on September 16. Prices may swing. But if you send USDT, Bitcoin's price does not change your transfer — the network and the address still matter most.
BTC fell about 1.6% in 24 hours to around $78,400 on September 8. Ethereum also slipped about 1%, to near $2,470.
Two things pushed prices down. Fighting between the US and Iran made investors move away from risk. And a strong US jobs report raised the chance of another rate hike — higher rates tend to hurt crypto.
But ETF inflows are still strong. Almost $1 billion came in this week — the third week in a row. Big investors are still buying.
What this means for you: the next key moment is the CPI report on September 11, then the Fed on September 16. Prices may swing. But if you send USDT, Bitcoin's price does not change your transfer — the network and the address still matter most.
Tether can freeze your USDT.
Two Thai businessmen sued Tether in a New York court on August 31. They say Tether froze $42.4 million of their USDT — months before any judge signed a warrant.
The freeze happened after an informal request from a U.S. investigator. No court order. No subpoena. Just a phone call.
A seizure warrant came 112 days later. By then, the money was already locked.
What this means for you: USDT is not like cash in your pocket. The company behind it can freeze any address, at any time. For most people this will never happen. But it is good to know who holds the key.
Two Thai businessmen sued Tether in a New York court on August 31. They say Tether froze $42.4 million of their USDT — months before any judge signed a warrant.
The freeze happened after an informal request from a U.S. investigator. No court order. No subpoena. Just a phone call.
A seizure warrant came 112 days later. By then, the money was already locked.
What this means for you: USDT is not like cash in your pocket. The company behind it can freeze any address, at any time. For most people this will never happen. But it is good to know who holds the key.
Bitcoin and Ethereum are holding steady today.
BTC trades around $78,800 on September 9 — up just a little from yesterday. ETH sits near $2,490. Not much movement.
Fighting between the US and Iran is still making investors careful. When people worry about conflict, they move away from risk — and crypto is seen as risk.
But the bigger story is coming. The US CPI inflation report lands on September 11. Then the Fed meets on September 15-16. These two events often move crypto prices more than anything else.
What this means for you: prices may jump or drop after the CPI report. If you send USDT, this does not change your transfer — the network and the address still matter most.
BTC trades around $78,800 on September 9 — up just a little from yesterday. ETH sits near $2,490. Not much movement.
Fighting between the US and Iran is still making investors careful. When people worry about conflict, they move away from risk — and crypto is seen as risk.
But the bigger story is coming. The US CPI inflation report lands on September 11. Then the Fed meets on September 15-16. These two events often move crypto prices more than anything else.
What this means for you: prices may jump or drop after the CPI report. If you send USDT, this does not change your transfer — the network and the address still matter most.
Every exchange has a spread.
When you buy USDT, you pay one price. When you sell it back, you get a lower price. That gap is called the spread. It is how every exchange makes money — not just crypto, but regular currency exchanges too.
Simple version: if USDT trades at $1.00 on the global market, a desk might sell it to you for $1.02 and buy it back for $0.98. The two cents in the middle is the spread.
What this means for you: the spread is not a hidden fee — it is built into the price you see. Always check both the buy price and the sell price before you exchange. The smaller the gap, the better for you.
When you buy USDT, you pay one price. When you sell it back, you get a lower price. That gap is called the spread. It is how every exchange makes money — not just crypto, but regular currency exchanges too.
Simple version: if USDT trades at $1.00 on the global market, a desk might sell it to you for $1.02 and buy it back for $0.98. The two cents in the middle is the spread.
What this means for you: the spread is not a hidden fee — it is built into the price you see. Always check both the buy price and the sell price before you exchange. The smaller the gap, the better for you.
Libyan banks are building new digital payment roads.
North Africa Bank is launching a direct mobile payment service with Alipay. This lets Libyan customers send money to China from their phone — without going through a middle bank abroad.
This is part of a bigger shift. Earlier this year, Network International partnered with Libya's National United Bank to modernise digital payments. More Libyan banks are trying to make money transfers faster and easier.
What this means for you: more ways to send money is always good. Crypto like USDT on TRC20 already lets you send value anywhere in minutes. Now traditional banking is slowly moving in the same direction. One thing to check before you send money — always compare the fees and the speed, whichever road you take.
North Africa Bank is launching a direct mobile payment service with Alipay. This lets Libyan customers send money to China from their phone — without going through a middle bank abroad.
This is part of a bigger shift. Earlier this year, Network International partnered with Libya's National United Bank to modernise digital payments. More Libyan banks are trying to make money transfers faster and easier.
What this means for you: more ways to send money is always good. Crypto like USDT on TRC20 already lets you send value anywhere in minutes. Now traditional banking is slowly moving in the same direction. One thing to check before you send money — always compare the fees and the speed, whichever road you take.
Bitwise is closing its Dogecoin ETF.
The fund, called BWOW, launched last September. Less than a year later, Bitwise announced on September 10 that it will shut it down. Only $722,000 was left in the fund.
Trading stops on October 14. Investors will get cash back based on the fund's value.
Why did it close? Not enough people wanted it. After the first excitement faded, almost no one was buying. Meanwhile, Bitwise's Solana ETF keeps drawing new money.
What this means for you: an ETF is not a guarantee. A fund can open, close, and return your money — even if the coin itself keeps trading. If you buy a crypto product, check who runs it and how much money is in it. A small fund can disappear.
The fund, called BWOW, launched last September. Less than a year later, Bitwise announced on September 10 that it will shut it down. Only $722,000 was left in the fund.
Trading stops on October 14. Investors will get cash back based on the fund's value.
Why did it close? Not enough people wanted it. After the first excitement faded, almost no one was buying. Meanwhile, Bitwise's Solana ETF keeps drawing new money.
What this means for you: an ETF is not a guarantee. A fund can open, close, and return your money — even if the coin itself keeps trading. If you buy a crypto product, check who runs it and how much money is in it. A small fund can disappear.
The US inflation report came out today — and crypto went up.
The August CPI report showed prices rose 0.4% from July and 3.4% over the year. That matched what people expected. But core inflation (without food and energy) was a bit higher than forecast — 0.3% instead of 0.2%.
Before the report, BTC sat around $77,000. After the numbers came out, Bitcoin climbed back above $78,700 — up about 2%. Ethereum moved above $2,500. Solana went back over $100.
Simple version: inflation is still sticky, but it was not worse than feared. Markets felt relieved and bought back in.
What this means for you: the Fed meets on September 15-16. They will decide whether to raise interest rates again. That meeting could move prices more than today's report. But if you send USDT, none of this changes your transfer — the network and the address still matter most.
The August CPI report showed prices rose 0.4% from July and 3.4% over the year. That matched what people expected. But core inflation (without food and energy) was a bit higher than forecast — 0.3% instead of 0.2%.
Before the report, BTC sat around $77,000. After the numbers came out, Bitcoin climbed back above $78,700 — up about 2%. Ethereum moved above $2,500. Solana went back over $100.
Simple version: inflation is still sticky, but it was not worse than feared. Markets felt relieved and bought back in.
What this means for you: the Fed meets on September 15-16. They will decide whether to raise interest rates again. That meeting could move prices more than today's report. But if you send USDT, none of this changes your transfer — the network and the address still matter most.
Fake AML checks can drain your wallet.
Scammers build fake websites that look like AML compliance tools. They say "check if your wallet is clean" and ask you to connect your wallet. Once you connect, a hidden contract drains your money.
Security researchers at Malwarebytes found over 1,000 of these fake sites in August 2026. They spread through Google ads, Telegram messages, and social media posts.
Simple version: a real AML check only needs your public wallet address — the long string of letters and numbers. It never asks you to connect your wallet or approve a transaction.
One thing to check before you send money: if a site says "connect wallet" for a compliance check, close it. That is not a check. That is a trap.
Scammers build fake websites that look like AML compliance tools. They say "check if your wallet is clean" and ask you to connect your wallet. Once you connect, a hidden contract drains your money.
Security researchers at Malwarebytes found over 1,000 of these fake sites in August 2026. They spread through Google ads, Telegram messages, and social media posts.
Simple version: a real AML check only needs your public wallet address — the long string of letters and numbers. It never asks you to connect your wallet or approve a transaction.
One thing to check before you send money: if a site says "connect wallet" for a compliance check, close it. That is not a check. That is a trap.
Revolut sent customer data to a fake government official.
Someone pretended to be from a government agency and sent Revolut a request. Revolut believed it was real. They handed over passports, selfies, addresses, and Bitcoin transaction records.
The breach was reported by on-chain researcher ZachXBT on September 11. Revolut says only a small number of customers were affected and their money is safe. They will not name the agency that was impersonated.
What this means for you: when you use any financial app, they hold your ID and your transaction history. If someone tricks that app, your data goes out — even if your coins stay put. Keep your crypto in a wallet you control, and share your ID only when you truly must.
Someone pretended to be from a government agency and sent Revolut a request. Revolut believed it was real. They handed over passports, selfies, addresses, and Bitcoin transaction records.
The breach was reported by on-chain researcher ZachXBT on September 11. Revolut says only a small number of customers were affected and their money is safe. They will not name the agency that was impersonated.
What this means for you: when you use any financial app, they hold your ID and your transaction history. If someone tricks that app, your data goes out — even if your coins stay put. Keep your crypto in a wallet you control, and share your ID only when you truly must.
The Fed meets this week — and crypto is watching.
The Federal Reserve announces its rate decision on September 16. Traders now see an 87% chance of a hike — up from 61% just days ago.
Why? Inflation and producer price reports came in hotter than expected. A BNP Paribas economist says the US may need three rate hikes, not just one.
Bitcoin holds around $77,000. When hike odds rise, crypto often drops — higher rates make riskier assets less attractive.
What this means for you: the September 16 decision could move prices fast. But if you send USDT, nothing changes — the network and the address still matter most.
The Federal Reserve announces its rate decision on September 16. Traders now see an 87% chance of a hike — up from 61% just days ago.
Why? Inflation and producer price reports came in hotter than expected. A BNP Paribas economist says the US may need three rate hikes, not just one.
Bitcoin holds around $77,000. When hike odds rise, crypto often drops — higher rates make riskier assets less attractive.
What this means for you: the September 16 decision could move prices fast. But if you send USDT, nothing changes — the network and the address still matter most.
Your transfer is not finished the moment you press send.
When you send crypto, the transaction goes to the network. A miner picks it up and puts it in a block. That is one confirmation.
Each new block added on top is another confirmation. The more blocks on top, the harder it is to undo the transaction.
How long does it take? Bitcoin makes a new block about every 10 minutes. Six confirmations — the standard for large transfers — takes about one hour. Ethereum is much faster: a new block every 12 seconds.
What this means for you: when you send money to an exchange, they wait for a set number of confirmations before they credit your account. Small amounts may need 1-2. Large amounts may need 6 or more. If your transfer looks slow, check the confirmation count — not just the send button.
When you send crypto, the transaction goes to the network. A miner picks it up and puts it in a block. That is one confirmation.
Each new block added on top is another confirmation. The more blocks on top, the harder it is to undo the transaction.
How long does it take? Bitcoin makes a new block about every 10 minutes. Six confirmations — the standard for large transfers — takes about one hour. Ethereum is much faster: a new block every 12 seconds.
What this means for you: when you send money to an exchange, they wait for a set number of confirmations before they credit your account. Small amounts may need 1-2. Large amounts may need 6 or more. If your transfer looks slow, check the confirmation count — not just the send button.
The US Senate votes on a big crypto law tomorrow.
The bill is called the CLARITY Act. It sets rules for crypto in the US — what counts as a security, how exchanges operate, and how customer funds are protected.
Today, Republicans released the final version. It includes ethics rules requested by Democrats: government officials and their spouses cannot do crypto deals while in office. Senator Lummis says the bill would require qualified custodians and keep customer funds separate.
What this means for you: the vote needs 60 senators to agree. If it passes, the US gets its first real crypto law. If it fails, no major regulation until 2027. US rules move prices everywhere — even here.
The bill is called the CLARITY Act. It sets rules for crypto in the US — what counts as a security, how exchanges operate, and how customer funds are protected.
Today, Republicans released the final version. It includes ethics rules requested by Democrats: government officials and their spouses cannot do crypto deals while in office. Senator Lummis says the bill would require qualified custodians and keep customer funds separate.
What this means for you: the vote needs 60 senators to agree. If it passes, the US gets its first real crypto law. If it fails, no major regulation until 2027. US rules move prices everywhere — even here.
Bitcoin went up while tech stocks fell.
Over the weekend, the head of Anthropic — a big AI company — said AI development should slow down for safety reasons. Tech investors got nervous. AI stocks dropped on Monday.
Crypto moved the other way. Bitcoin climbed to about $78,000 today, up nearly 2% from yesterday. Ethereum held near $2,500. Gold and silver also fell.
What this means for you: crypto does not always follow the stock market. Some days it moves on its own. The Fed meets on September 16 — that decision could move prices more than today's tech news.
Over the weekend, the head of Anthropic — a big AI company — said AI development should slow down for safety reasons. Tech investors got nervous. AI stocks dropped on Monday.
Crypto moved the other way. Bitcoin climbed to about $78,000 today, up nearly 2% from yesterday. Ethereum held near $2,500. Gold and silver also fell.
What this means for you: crypto does not always follow the stock market. Some days it moves on its own. The Fed meets on September 16 — that decision could move prices more than today's tech news.
Today and tomorrow could move crypto prices more than anything this month.
The US Senate votes on the CLARITY Act today at 2:15 PM Washington time (8:15 PM Tripoli time). The bill needs 60 senators to agree. If it passes, the US gets its first real crypto law. If it fails, no major regulation until 2027.
Prediction markets put the chance of passage at only 13-18%. The White House agreed to new ethics rules last weekend to win more votes, but it may not be enough.
Tomorrow, the Federal Reserve announces its rate decision. Markets expect a rate hike with about 85% odds. Higher rates often push crypto prices down.
Bitcoin holds near $78,000 today — up almost 2% from yesterday but still below $80,000.
What this means for you: prices may swing fast in the next 48 hours. But if you send USDT, none of this changes your transfer. The network and the address still matter most.
The US Senate votes on the CLARITY Act today at 2:15 PM Washington time (8:15 PM Tripoli time). The bill needs 60 senators to agree. If it passes, the US gets its first real crypto law. If it fails, no major regulation until 2027.
Prediction markets put the chance of passage at only 13-18%. The White House agreed to new ethics rules last weekend to win more votes, but it may not be enough.
Tomorrow, the Federal Reserve announces its rate decision. Markets expect a rate hike with about 85% odds. Higher rates often push crypto prices down.
Bitcoin holds near $78,000 today — up almost 2% from yesterday but still below $80,000.
What this means for you: prices may swing fast in the next 48 hours. But if you send USDT, none of this changes your transfer. The network and the address still matter most.
Custody means who holds your crypto.
When you buy on an exchange, the exchange holds the coins. Your account shows a number, but the keys are theirs. This is called custodial storage.
When you move crypto to your own wallet — where you control the seed phrase — that is self-custody. You hold the keys. Nobody can freeze or move your money without them.
Why this matters: if an exchange is hacked, frozen, or shut down, you cannot reach your coins. The US Senate votes today on the CLARITY Act, which would require qualified custodians and keep customer funds separate from company money.
Simple version: an exchange is like a bank. Your own wallet is like cash in your pocket. Each has trade-offs. The point is to know which one you are using — and to choose on purpose.
When you buy on an exchange, the exchange holds the coins. Your account shows a number, but the keys are theirs. This is called custodial storage.
When you move crypto to your own wallet — where you control the seed phrase — that is self-custody. You hold the keys. Nobody can freeze or move your money without them.
Why this matters: if an exchange is hacked, frozen, or shut down, you cannot reach your coins. The US Senate votes today on the CLARITY Act, which would require qualified custodians and keep customer funds separate from company money.
Simple version: an exchange is like a bank. Your own wallet is like cash in your pocket. Each has trade-offs. The point is to know which one you are using — and to choose on purpose.