Why Utility Cryptos Were Triumphant This Week

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.

TRON's November recovery means the network is in a good position right now.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain. Blockchain security firm Scam Sniffer reported the incident on Nov. 20, detailing how the stolen funds were unexpectedly returned within hours.

A crypto investor lost a substantial amount of USDT tokens to a phishing address but eventually witnessed a return of the funds hours later.

The story of a user who unwittingly sent $129 million USDT to a phishing address and miraculously retrieved all the funds is truly unprecedented. Originally reported by Wu Blockchain, this case highlights the risks inherent in cryptocurrency transactions while presenting an extraordinary recovery scenario.

Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.

The competition for the role of Treasury Secretary in Donald Trump's administration is intensifying. Though Howard Lutnick, CEO of Cantor Fitzgerald, emerged as top contenders, Trump picked him for commerce chief. Trump Picks Tether's Wall Street Banker Donald Trump, the incoming U.S.

Bitfinex Securities has just announced the launch of tokenized US Treasury Securities in El Salvador.

The role of Howard Lutnick in the Donald Trump administration will extend beyond the transition team. According to a report from Punchbowl News, President-elect Trump will announce Lutnick as the next Commerce Secretary.

Cantor Fitzgerald CEO Howard Lutnick may join the cabinet being formed by President-elect Donald Trump.

Howard Lutnick, co-chair of Trump's transition team, is headed for another role in the administration after apparent Treasury hopes fizzled.

President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.

Solana's rally in the past few weeks will likely pause as it approaches a key resistance level. Despite this critical hurdle, the optimism surrounding SOL is not diminishing and will continue to grow due to the meme coin frenzy.

Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.

World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov.

Hadron supports multiple smart-contract-enabled blockchains, even the Bitcoin Layer 2 solution known as Liquid by Blockstream.

Tether has launched Hadron, a new platform that allows users to convert traditional assets into digital tokens, supporting various asset types and incorporating security measures that leverage the company's experience in managing $125 billion in assets.

Hadron by Tether introduces a modular system to issue and manage digital assets.

Tether launches Hadron, a platform aimed at simplifying asset tokenization for a broad audience, including institutions and governments, enhancing security and compliance.

Stablecoin leader Tether has unveiled Hadron, a tokenization stage, as demand for tokenized financial instruments on decentralized networks surges.

Tether launched a new tokenization platform called Hadron, which aims to service institutions, corporations, fund managers, and governments, according to a Nov. 14 press release. The platform will allow clients to tokenize assets ranging from stocks and bonds to stablecoins and loyalty points.

Hadron plans to let users tokenize a wide variety of assets, including stocks, bonds, stablecoins, and loyalty points.

Tether's new Hadron platform aims to make asset tokenization accessible to institutions, businesses, and governments, simplifying the process for everything from stocks to loyalty points. The post Tether Launches Hadron Platform for Simplified Asset Tokenization appeared first on Cryptonews.

Tether has introduced Hadron, a new platform aimed at expanding asset tokenization to a broader market. Tether Launches Hadron Platform Tether, known as a leading issuer of stablecoins, has launched Hadron, a platform designed to streamline the process of asset tokenization. According to the announcement shared with Bitcoin.

Binance Futures introduces the Memecoin Carnival, offering a 17,600 USDT prize pool for eligible traders. Participants can trade DOGEUSDT and other designated memecoin contracts to win rewards.

The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.

The Tether-US dollar stablecoin's market capitalization has topped $126 billion, as approximately $7 billion in new USDt was minted.

Tether, the crypto firm behind USDT, revealed on Thursday that it has launched its asset tokenization service after CEO Paolo Ardoino teased the project for months. It announced the launch of Hadron, a platform designed to simplify the tokenization of everything from stocks to bonds, stablecoins, loyalty points, and more.

Tether specifically mentions users being able to tokenized of stocks, bonds, stablecoins and loyalty points.

The tokenization platform is part of Tether's ambition to diversify its business from issuing the $126 billion USDT stablecoin.

TL;DR Tether has launched Hadron, a platform that facilitates the tokenization of physical and digital assets, accessible without advanced technical knowledge. Hadron, currently in beta, enables the tokenization of assets such as stocks, real estate, and bonds, with a global and sectoral focus.

Tether has minted an additional 2 billion USDT today, bringing the total to 7 billion USDT over the past six days.

Tether launches Hadron, a global platform for compliant asset tokenization, enabling seamless tokenization of equities and real estate. The post Tether launches tokenization platform Hadron for real-world assets appeared first on Crypto Briefing.

A Ukrainian man reportedly lost $500,000 worth of USDT after being set up for a robbery in a Thailand hotel room. The Bangkok Post reports that Viacheslav Leibov, 23, told Thailand police a friend of his invited him to visit a hotel room in Phuket when criminals wearing masks accosted him.

With President-elect Donald Trump currently making important appointments, reports have projected the name of Howard Lutnick, the CEO of financial services firm Cantor Fitzgerald as a top contender for US Treasury Sec role. With the push to do something different under the incoming Trump administration, the speculations around Lutnick is driving conversations on crypto X.

USDT exchange inflows soar to over $1.8 billion, marking the second time within six days. This surge hints at bullish moves for Bitcoin.

The largest stablecoin in the world follows the crypto rally.

Adventure Gold (AGLD), MultiverseX (EGLD), Filecoin (FIL), Lumiwave (LWA), Near Protocol (NEAR), Stellar Lumens (XLM) and others.

Leading stablecoin issuer Tether has channeled 1.25 billion USDT into centralized exchanges in the last 24 hours as demand for digital assets continues to rise. The ongoing crypto market resurgence has created a rising demand for stablecoins that contribute significantly to the growing crypto ecosystem.

A 23-year-old Ukrainian tourist in Phuket, Thailand, was kidnapped and forced to transfer $250,000 in USDT stablecoins (about 8.56 million baht) to two armed robbers. Viacheslav Leibov was threatened with violence until he complied with the robbers' demands.

Crypto is a popular target for cybercriminals, who rely on its anonymity and lack of regulation. These crimes often target individuals online through hacking and ransomware.

CryptoQuant data reveals over $1.3 billion in daily USDT net inflows, marking a record-breaking surge in just one week.

Tether has minted $5 billion worth of the USDT stablecoin over the past week amid Bitcoin's rally near the $90,000 milestone. Data from blockchain analytics platform SpotOnChain reveals that Tether began this series of USDT issuances with $1 billion minted on Nov. 6, contributing to Bitcoin's climb to a record high of $76,200.

Tether moves towards supporting AI-powered products via its new software development kits.