The Wall Street Journal has released a major article about the stablecoin USDT and the business of the company Tether.

▪️Journalists claim that Tether facilitates the creation of a "parallel economy" that operates beyond the reach of U.S. law enforcement. American authorities are concerned that the popularity of Tether undermines their sanctions policy.

▪️The article states that the largest stablecoin has become a primary tool for moving assets abroad, with Russia, Venezuela, and Iran using USDT to circumvent sanctions and conduct transactions with China.

▪️The authors described the blocking of criminals' wallets and Tether's cooperation with law enforcement as "playing to the gallery." According to them, USDT "fuels the financial criminal world" and undermines the U.S.'s fight against arms dealers, extortionists, and fraudsters.

▪️The confrontation between Tether and WSJ has been ongoing for quite some time. Tether has repeatedly published public rebuttals of the accusations and open letters to journalists on its website. In one of these statements, the company claimed that since 2021, the publication has released more than 80 "exposé" articles about Tether and USDT.

SWIFT has introduced a global infrastructure to streamline transfers and settlements for tokenized assets(RWA).

The ride-hailing platform TADA is launching a mini-app in Telegram that allows users to book and pay for rides using TON or USDT.

Trump will launch his DeFi project "World Liberty Financial" on September 16

Positive sentiment toward BTC from the crowd has risen to a 1-year high, according to Santiment data.

Sui Network has become the tenth largest blockchain network by total value locked (TVL), according to DefiLlama data.

The unlucky whale constantly buys Bitcoin at high prices and sells at low ones — over the past 3 months, he has lost $40,000,000 and has now bought 800 BTC again.

Have you ever wondered how many wallets hold stablecoins?

The latest report showed that 8.7 million addresses hold stablecoins, with 97.1% of them being $USDT, $USDC, or $DAI.

Marathon Digital’s Bitcoin holdings have reached an all-time high of 26,200 $BTC.

Recently, they added 5,000 $BTC in just a month. Their assets are now worth $1.5 billion. They have been steadily and consistently buying #Bitcoin for several weeks.

Binance will list Neiro (#NEIRO), Turbo (#TURBO), and Baby Doge Coin (#BABYDOGE)

Bybit has received a provisional crypto license in Dubai.

CryptoRank: Key crypto events this week.

The lack of excitement and thrill will lead the crypto market into stagnation, according to the head of CryptoQuant.

🔹The crypto industry is facing a crisis due to changes in the sector: new products fail to excite traders, leading to a downturn in the market, wrote Ki Young Ju, CEO of the analytics platform CryptoQuant, on X.

🔹A new "game" that can trigger a dopamine rush among market participants could push the cryptocurrency space forward, he believes. In the crypto industry, such dopamine triggers are profits from unpredictable bets (traders’ experience) and the creation of new technologies in uncharted territories (developers’ experience).

🔹"If we don't create a new game that stimulates dopamine in traders, the crypto industry as we know it will face a prolonged period of stagnation," Ki asserts.

🔹Only with a new level of excitement will "money flood the market, and the industry will be able to develop," Ki added, pointing to the dismal performance of altcoins and the lack of significant capital inflows into the market

Swiss Stock Exchange SIX is exploring the possibility of launching a cryptocurrency exchange.

Santiment notes rising on-chain activity in altcoins, while BTC remains stagnant.

BingX exchange was hacked for $43 million — PeckShield.

✴️#meme #crypto DWF Labs announced a strategic partnership with the memecoin platform GraFun.

🧑‍💻 Here are the top ERC-20 cryptocurrency coins by development activity. The directional indicators represent the ranking position of each project since last month.

Bitcoin Magazine Bitcoin typically rises after U.S. presidential elections.

The SEC has approved options on BlackRock's spot BTC-ETF (#IBIT).

Bitwise believes that the launch of options on spot BTC-ETFs will lead to a significant increase in market volatility.

Michael Saylor believes that the launch of options on spot BTC-ETFs will accelerate BTC adoption among institutions.

Only 43% of users qualified for the airdrop of Hamster Kombat's first season — CT