🔥 EUR₮ and XAU₮ Now Available on Bit2Me

March 21, 2023 — Tether Operations Limited (Tether), the company operating the blockchain-enabled platform tether.to that powers the first and most widely used stablecoin, announced today that EUR₮ and XAU₮ are now available on Bit2Me, a cryptocurrency exchange and financial platform.

✔️ Bit2Me specializes in financial technology helping exchanges, mining pools, token issuers, investment funds, governments, and institutions access, trade, and manage cryptocurrencies and digital assets. Created to provide transparency and open financial systems to the masses making markets more efficient, Bit2Me2 supports multiple initiatives in the DeFi ecosystem, offers wallet features, and recently launched a credit card via the Mastercard Network.

💬 “We are thrilled at the opportunity to bring EUR₮ and XAU₮ to an entirely new platform,” said Paolo Ardoino, CTO of Tether. “Bit2Me users now have access to the most liquid, transparent stablecoin on the market and will be able to move in and out of positions seamlessly and with confidence.”

🔥 Wallet bot added the ability to buy USDT in Telegram

🪙 The developers of the Wallet bot in Telegram have opened access to buying and selling USDT.

Users were able to transfer the stablecoin to the app’s internal wallets via chats, as well as buy and sell it through a P2P service.

🔤 There is no commission for peer-to-peer transactions from buyers, and for sellers it will be 0.9%.

The developers have also updated the user interface of the P2P service, making it easier to access the trading section.

Previously, the Wallet bot only supported 💰Bitcoin and 🪙Toncoin.

📶 KyberSwap Announces Farming Pools for Arbitrum Tokens

Non-custodial exchange KyberSwap will launch pools and liquidity mining for ARB tokens.

🕯 KNC tokens will be credited for the following trading pairs:

ARB/ETH (🟠🟠);
ARB/ETH (🟠🟠);
ARB/USDT (🟠🟠);
ARB/USDT (🟠🟠);
ARB/KNC (🟠🟠).

In total, the Kyber Network behind the exchange will allocate 70,000 KNC to liquidity providers.

🎁 KyberSwap was among the protocols whose users connected to the Arbitrum testnet and made transactions on the platform, thus becoming eligible for the airdrop.

💬 “We are excited to launch the first ARB liquidity mining pools. These services mark the start of an extensive Arbitrum-focused campaign that KyberSwap has planned. We will soon announce additional rewards and events for both liquidity pools and traders,” said Viktor Tran, CEO and founder of the project.

Joseph Lubin: Ethereum is not a security, but a highly liquid commodity

🔹 Ethereum co-founder Joseph Lubin said in an interview with CNBC that the second largest cryptocurrency by capitalization is not a security. According to him, the asset is more like a highly liquid commodity.

💬 “I don’t think it makes sense to speculate about something extremely unlikely [Ethereum being recognized as a security]. People are buying barrels of oil with the expectation of a profit,” Lubin said.

He added that "anyone can say anything, but that doesn't make it true."

✅ ARK INVEST SCOOPS UP COINBASE, BLOCK SHARES FOR SECOND STRAIGHT DAY

💱 Cathy Wood's ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange's stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on March 22, sending COIN tumbling 16% the next day. The shares gained 1.5% on Friday to close at $67.83 apiece.

✅ According to an email sent Friday night U.S. time, 155,833 shares went to ARK Innovation EFT (ARKK), and 26,395 shares went to ARK Next Generation Internet EFT (ARKW).

☄️ THORChain network suspended due to vulnerability

Developers of the multi-chain protocol THORChain suspended the network due to "credible reports of a potential vulnerability."

💬 “As a precautionary measure, steps have been taken to stop THORChain globally,” said team member Pluto (9R).

The project's Twitter account confirmed the suspension of trade during the investigation.

💬 “Currently, an assessment and verification of the validity of the claim is being carried out,” the report says.

📊 The price of the RUNE token has decreased by 4.8% over the past 24 hours to $1.33 (CoinGecko). The fall roughly corresponds to the market trend: Bitcoin has fallen in price by 2.5% over this period, and the total capitalization of cryptocurrencies has decreased by 2.2%.

🔥 It's official. Gold price just passed the $2000 mark!

Join the gold rush and learn more about Tether Gold $XAUt.

It's just like gold but with all the benefits of a blockchain token.

➡️ https://gold.tether.to/

🦊 The MetaMask browser extension (v10.28) will start displaying 🖼NFTs if you enable their automatic detection.

🪙 Stablecoins form the core of countless new economic tools that Tether believes will be essential to most modern economies in the coming decades. They eliminate redundant and inefficient layers of bloat and middlemen designed to extract value from financial transactions. Given that financial transactions are the lifeblood of an economic system, any tax on the basic structure of payments is a tax on the entire economy as a whole.

💵 The money of the future will restore this captured value back to the people. It will empower individuals to save, earn, and do more.

💬 Prioritizing Risk Management Amid Growth

The last several weeks have been a significant time for the industry, and for Tether. In the wake of bank failures across the US and Europe, Bitcoin has emerged ready to do what it was always built to do - protect people's wealth against financial system failures. However, we have also seen other stablecoins face major challenges due to their reserves being concentrated among failed US banks or in financial distress because of inappropriate risk management.

⚠️ Contrary to the irresponsible reporting by Bloomberg, Tether wants to unequivocally re-iterate that it has no exposure to Silvergate, Silicon Valley Bank and Signature Bank. The title and tone of its recent article would lead the average reader to believe that this was somehow false.

However, several paragraphs into the article Bloomberg states the following: "The offshore stablecoin provider has never been sanctioned, and therefore doing business with the firm wouldn’t be illegal, according to Alma Angotti, who held senior enforcement positions with the Securities and Exchange Commission and Treasury".

After the clickbait title, even the journalist admits that there wouldn’t be any issue for Tether and Signature Bank to collaborate, yet it fails to explain that Tether didn’t have an account with Signature Bank.

❗️ It is shocking that Bloomberg continues to rely on misinformation and clickbait in its attempt to stay barely relevant.

🛍 Fashion brand Guess, backed by the USDTSCAN platform and its super representative Luganodes, now accepts Bitcoin🪙 and Tether🪙 in Lugano as payment for goods.

💳 Global fashion brand Guess will now be able to accept crypto payments in BTC and USDT in the Swiss city of Lugano thanks to a new collaboration.

Plan B, a joint initiative of the City of Lugano, Tether and Luganodes, today announced a partnership with Guess to officially introduce Bitcoin, Tether and LVGA payments in Lugano retail stores. Tether, the tech firm that powers the blockchain of the largest stablecoin by market cap (USDT), and the city of Lugano have come up with a “Plan B” to accelerate cryptocurrency adoption. Now more than 150 stores and businesses in Lugano, including McDonald's, accept Bitcoin, Tether and LVGA in addition to fiat currency as payment for their goods and services.

🪙 USDTSCAN Wallet, as one of the partners of Plan B, will act as the main payment instrument when making purchases in Guess, McDonald's, Giorgio Armani S.p.A. and many others.

Shoppers will be able to purchase clothing and accessories at the Guess boutique using a POS system powered by Bitcoin Lightning Network technology and three digital currencies: Bitcoin, Tether and LVGA. A custom campaign was also announced offering 10% cashback to LVGA customers. In addition, in the first few months after activation, the transaction fee will be zero.

🔥 To make Bitcoin, Tether, and Lugano's own LVGA Points token legal tender, the Swiss city of Lugano joined forces in March 2022 with stablecoin issuer Tether and transaction tracking analytics platform USDTSCAN. El Salvador and the Swiss city of Lugano also signed a Memorandum of Understanding on economic cooperation last October, intending to promote the utility of Bitcoin.

🔹 Ethereum inflow to staking declined on the eve of Shapella

Growth in Ethereum staking deposits has declined due to regulatory pressure and the upcoming Shanghai-Capella (Shapella) hard fork, Glassnode experts have noted.

🔔 The developers have scheduled an upgrade for April 12th. In March, the Ethereum team hardforked Shapella on the Goerli testnet . Prior to that, I activated the update on the Sepolia test network. The hard fork includes changes to Ethereum consensus levels and execution. Its main goal is to open access to the withdrawal of ETH from staking.

Glassnode experts recalled that centralized sites like Kraken, Binance and Coinbase competed for the influx of deposits into staking “from the early days of Beacon Chain.” However, they lost a significant market share, while the Lido DeFi platform gained it.

💬 “When the dust settled between the three giants, it was Lido that emerged victorious, continuing to dominate the influx of deposits to date,” the experts emphasized.

According to the Dune Analytics dashboard , there are 18.2 million ETH locked in staking – more than 15% of the coin supply. Almost 102,000 addresses have made deposits.

🕯 Lido accounts for over 26% of the total staking cryptocurrency, Coinbase accounts for about 6%, and Kraken accounts for 2.3%.

Happy Easter 🎉🎁

🔶 Binance.US Announces Delisting of TRX Token

‼️ Cryptocurrency exchange Binance.US announced the delisting of Tron (TRX) and Spell (SPELL) tokens from the platform. The changes will come into effect on April 18, 2023.

💬 “Binance.US periodically reviews each digital asset to ensure it meets our expected quality standards,” the post reads.

The specific reasons for the delisting of tokens are not specified. Binance.US clarified that it will continue to support USDT and USDC stablecoins on the Tron network.

TRX staking will be disabled on April 13th. All tokens and earned rewards will be returned the next day.

❌ Depositing, buying, selling and converting SPELL and TRX will be closed on April 17th. The withdrawal of these tokens will remain open.

📊 Against the background of the news, TRX quotes fell by 6%. At the time of writing, the token is trading at $0.064.