Bithumb exchange temporarily suspends USDT withdrawals on the Tron network for system maintenance.
Bitcoin News

Bithumb USDT Withdrawal Suspension: Critical Tron Network Maintenance Halts Transactions

In a significant operational update affecting the South Korean cryptocurrency market, leading exchange Bithumb has announced a temporary suspension of Tether (USDT) withdrawals via the Tron network. This decisive action, effective from 3:55 a.m. UTC on January 19, directly results from scheduled wallet system maintenance. Consequently, traders and investors relying on the TRC-20 standard for […]

Analysis of reverse Kimchi premium affecting Bitcoin and USDT prices on South Korean cryptocurrency exchanges
Bitcoin News

Reverse Kimchi Premium Shocks Crypto Markets as Bitcoin and USDT Trade Below Official Rates

SEOUL, South Korea – In a remarkable market reversal that has captured global attention, cryptocurrency traders are witnessing an unusual phenomenon: a reverse Kimchi premium has emerged for both Bitcoin and Tether (USDT) on major South Korean exchanges. This development marks a significant departure from historical patterns where digital assets typically traded at substantial premiums […]

Chart depicting Tether's net profit surpassing $10 billion in Q3, highlighting its robust financial performance and impact on the stablecoin market.
Press Release

Tether’s Phenomenal Net Profit Surges Past $10 Billion Through Q3

Tether, the issuer of the world’s largest stablecoin, USDT, recently announced a significant financial milestone. The company’s **net profit** for the first three quarters of 2023 remarkably surpassed **$10 billion**. This achievement underscores Tether’s robust financial health and its growing influence within the broader cryptocurrency ecosystem. Investors and market observers are closely watching these **Tether […]

Benjamin Habbel assumes role as Tether CBO, bringing strategic leadership to the leading USDT stablecoin issuer.
Press Release

Tether CBO: Strategic Appointment of Benjamin Habbel Elevates Leadership Team

The cryptocurrency world recently witnessed a significant announcement. Tether, the leading issuer of the **USDT stablecoin**, revealed a crucial addition to its executive team. The company officially hired Benjamin Habbel as its new Chief Business Officer (CBO). This strategic move immediately captured industry attention. It signals Tether’s commitment to strengthening its global business operations. Indeed, […]

Bithumb's logo surrounded by cryptocurrency symbols, representing the exciting addition of new USDT and BTC trading pairs on the crypto exchange.
Press Release

Bithumb Unveils 14 Exciting New Trading Pairs, Boosting Crypto Exchange Options

South Korean financial markets often drive significant cryptocurrency trends. In a move set to reshape trading options, Bithumb, a leading South Korean crypto exchange, has announced a substantial expansion of its trading pairs. This development promises to enhance liquidity and diversify investment opportunities for its user base. Consequently, traders can look forward to engaging with […]

Illustrative image showing secure digital finance, representing Bithumb's new USDT lending service for corporate clients.
Press Release

Bithumb USDT Lending: A Strategic Opportunity for Corporate Crypto Loans

South Korean cryptocurrency giant Bithumb has unveiled a significant new offering: a **USDT lending** service specifically designed for its corporate clients. This strategic move marks a pivotal moment, providing businesses with enhanced liquidity options in the rapidly evolving digital asset space. Indeed, this service is set to reshape how companies manage their crypto holdings and […]

A visual depicting the remarkable growth of **Tether USDT** circulating supply, reaching a $171 billion milestone in the cryptocurrency market.
Press Release

Tether USDT Achieves Remarkable $171 Billion Supply Milestone

The cryptocurrency world recently witnessed a significant milestone. Tether USDT, the leading stablecoin, has seen its circulating supply soar past an astonishing $171 billion. This marks a new all-time high, highlighting its enduring dominance in the digital asset space. Indeed, this achievement underscores the increasing demand for dollar-pegged digital assets within the global financial ecosystem. […]

Digital interface showing Binance logo and AVNT/USDT trading pair, representing the new Binance AVNT listing and margin trading opportunity.
Press Release

Binance Unleashes AVNT/USDT Margin Trading: A Pivotal Opportunity for Traders

Binance, the world’s leading cryptocurrency exchange, has made a significant announcement that will undoubtedly capture the attention of traders globally. Specifically, the exchange confirmed the much-anticipated Binance AVNT listing, introducing the AVNT/USDT cross and isolated margin trading pair. This new offering went live today at 5:00 a.m. UTC. Consequently, this development provides traders with fresh […]