Tether Launches Self-Custodial Wallet: Featuring 'No Gas Design', Readable Addresses, First Phase Supports 4 Cryptocurrencies
Author: Max, Encrypted City
From behind the scenes to the forefront, Tether launched the 'People's Wallet' to realize the vision of inclusive finance.
The global stablecoin leader Tether announced yesterday (4/14) the official launch of its native self-custodial digital wallet application tether.wallet. This move symbolizes the company's long-standing role as a behind-the-scenes blockchain infrastructure provider officially stepping into the consumer application market.
Tether CEO Paolo Ardoino pointed out that over 570 million people worldwide are currently using Tether's technology. With the launch of tether.wallet, the company will deliver this robust financial infrastructure directly to end users.
The battle for stablecoins in Taiwan is heating up! Rumors suggest that six banks may be among the first to issue them.
Author: Ariel, CryptoCity
Six Taiwanese banks have been added to the list of potential stablecoin issuers.
The draft of Taiwan's (Virtual Asset Services Act) has been passed by the Executive Yuan. Although it has not yet been read a third time in the Legislative Yuan, the Financial Supervisory Commission is actively drafting subsidiary laws. The initial plan is to only allow domestic financial institutions to issue stablecoins, which has attracted many companies to try.
According to the Economic Daily News, six banks are rumored to be among the first to issue stablecoins: CTBC Bank, Cathay United Bank, Taishin Bank, KGI Bank, Union Bank, and Taipei Fubon Bank.
The following is a summary of the strategic deployments of these six banks in the fields of blockchain and virtual assets:
Breakthrough Progress on the (CLARITY Act)! JPMorgan: Legislative Draft 'Close to Completion'
The long-awaited good news for the U.S. cryptocurrency industry regarding the (CLARITY Act) has finally arrived. JPMorgan's latest report indicates that legislative negotiations for the (CLARITY Act) are nearing completion, with all parties expected to reach a final agreement in the short term.
JPMorgan stated in a report on Wednesday that discussions between lawmakers and regulators indicate that the bill is close to completion, with only a few unresolved disputes remaining.
A senior policy official revealed that the list of controversial issues, originally numbering more than a dozen, has now been reduced to just '2 to 3'; as for the previously heated topic of 'stablecoin yields,' it has also developed in an optimistic direction.
Are they done harvesting investors? $WLFI erupts in governance controversy: Investors' tokens locked for 4 years, disagree and they'll be 'permanently locked'
The DeFi project 'World Liberty Financial ($WLFI)', endorsed by the Trump family, has erupted into a trust crisis. The team recently proposed a highly controversial governance proposal, attempting to extend the lock-up period for early supporters' $WLFI tokens to a maximum of 4 years, instantly igniting investors' anger. Major project backer and Tron founder Justin Sun harshly criticized this as the 'most absurd governance scam' he has ever seen.
In fact, the feud between Justin Sun and the World Liberty Financial management team has been ongoing for some time, sparked by the sudden freezing of his $WLFI tokens by the project team. He posted a strong rebuttal on Wednesday:
Tether buys another 951 bitcoins! Total holdings exceed 97,000, second only to Strategy
The world's largest stablecoin issuer USDT, Tether, continues to increase its bitcoin holdings. On-chain data shows that the company recently added another 951 bitcoins (worth about 70 million USD), bringing its total holdings to over 97,000 bitcoins, solidifying its position as the second largest corporate bitcoin holder globally, only behind MicroStrategy (MSTR).
According to on-chain data platform Arkham Intelligence, 951 bitcoins were transferred from the Bitfinex exchange to a wallet marked as 'Tether: BTC Reserve' early this morning (16th). Tether CEO Paolo Ardoino has confirmed that this address is used by the company to store bitcoin reserves.
[The Madman Says Trend] Tonight, the long and short showdown is coming
The madman says…
Tonight, the long and short showdown is coming. Bitcoin has failed three times to break 75000 in the past 30 days, with no success. Two major events tonight will determine the outcome:
The SEC Clear Law proposal, live from 9 PM to 3:15 AM http://sec.gov The SEC Chairman will outline regulatory directions for the coming months, and it is particularly important to see whether SOL and XRP are defined as securities, as well as when the subsequent ETF approvals will take place, primarily including XRP, LTC, ADA, etc.
Macron spoke about three things at the Paris crypto summit: euro stablecoins, digital euros, and the implementation of the MiCA regulatory framework. This is the first time G7 leaders have delivered keynote speeches at a crypto summit, representing a significant breakthrough.
Bitcoin rebound may encounter turbulence! CryptoQuant: Exchange deposits surge, pay attention to the emergence of 'release selling pressure'
The recent rebound in Bitcoin is likely to face severe tests. According to the latest report from CryptoQuant, multiple on-chain indicators are flashing warnings, signaling that the long-standing 'release selling pressure' in the market is stirring: many investors who have been trapped for a long time, seeing the coin price approaching the cost zone, may take the opportunity to sell off to escape, and this imminent wave of sell-off could become the biggest stumbling block to Bitcoin's continued rise.
Bitcoin briefly broke through the $76,000 mark on April 14, setting a new high since early February this year. In a report released on Wednesday by CryptoQuant's research director Julio Moreno, it was pointed out that this surge is mainly driven by three factors: previously undervalued coin prices, a temporary easing of the US-Iran conflict, and a weakening dollar.
Clearing out cryptocurrency exchange shares! MapleStory's parent company Nexon still tightly holds 2356 bitcoins
Author: Crypto City
MapleStory's parent company Nexon, NXC, withdraws from cryptocurrency exchange investment
The classic MMORPG game (New MapleStory) developer Nexon's parent company NXC is restructuring its business framework. In addition to investing in shares of the European industrial solutions company CLI Group (CLI Group B.V.), it is also significantly withdrawing from investments in the cryptocurrency exchange industry.
According to a report by (SBS Biz), NXC sold its shares in the cryptocurrency exchange Bitstamp, which it acquired in 2018 through its Belgian investment company NXMH, to the fintech platform Robinhood in 2024, and Bitstamp has also been removed from NXC group's list of subsidiaries.
You can't guard against insiders when it comes to hackers! Kraken refused to pay a ransom after being extorted, and the investigation led to the arrest of one of their own.
Author: MAX, Crypto City
Kraken's extortion threats backfired, and the company firmly stated it would never pay the ransom.
Cryptocurrency exchange Kraken recently faced a ransomware challenge targeting data from its internal systems, but the company has chosen to confront it head-on with a strong stance. According to a public statement by Kraken's Chief Security Officer (CSO) Nick Percoco on the social media platform X, an unnamed criminal group claims to possess video footage of the company's internal systems in operation and is attempting to extort an undisclosed ransom.
Image source: X/@c7five | Kraken's Chief Security Officer, Nick Percoco, confirmed that the company is being blackmailed by a criminal organization.
Monitor the market and follow trending topics while scrolling! The X platform launches the 'Cashtags' feature
The social platform X, led by Elon Musk, has once again made a move by officially launching a new feature called 'Cashtags' that allows users to view real-time information on stocks and cryptocurrencies directly on the page while scrolling through the feed.
Nikita Bier, the product head of the X platform, stated in a post on Tuesday that this feature has been opened for iPhone users in the United States and Canada to experience first.
Nikita Bier explained that when users search for specific assets or contract addresses on the platform, the system will automatically recommend related stock or currency tags (Cashtag). He added that by clicking on this tag, the screen will immediately show the real-time price trend chart and consolidate all popular posts discussing that asset on the platform, allowing investors to monitor and chase news all in one go.
Ethereum's plummet drags down! Bitmine's net loss last quarter was $3.8 billion
Ethereum whale Bitmine Immersion Technologies (stock code: BMNR) recently submitted a dismal financial report, showing a significant loss of over $3.8 billion last quarter, despite experiencing revenue growth, due to the substantial decline in Ethereum prices.
According to the 10-Q quarterly report submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Bitmine reported a net loss of $3.82 billion for the first quarter ending February 28, far exceeding last year's net loss of $1.15 million; if extended to a six-month period, the cumulative net loss further exceeds $9 billion.
The report indicates that Bitmine's massive losses are primarily due to unrealized losses on digital assets amounting to $3.78 billion, which are losses on paper from holding assets that have not yet been realized.
The Fed Chairman who knows the crypto world best? Kevin Warsh reveals his holdings in dozens of crypto companies.
Financial disclosures filed by Kevin Warsh, President Trump's nominee for Federal Reserve Chairman, reveal that he and his wife have a combined net worth of $192 million. If confirmed next week, he will become one of the wealthiest Fed chairs in history. However, the real highlight that has captured the attention of the cryptocurrency community is his investment portfolio in the cryptocurrency sector.
Through a complex network of venture capital funds, Kevin Warsh holds stakes in dozens of blockchain and digital asset companies, with investments spanning decentralized finance (DeFi) lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and even Bitcoin payment infrastructure. He has now pledged to divest the vast majority of his holdings to comply with government ethical guidelines.
Japan's Rakuten Announces Integration of XRP Payments! Simultaneously Opens Spot Trading and Points for Coin Exchange
Japanese e-commerce giant Rakuten has announced that its payment application 'Rakuten Pay' will fully integrate Ripple (XRP), allowing Rakuten's 44 million users to use XRP for payment at over 5 million partner merchant locations across Japan starting today.
Ripple's ecosystem growth senior manager Tatsuya Kohrogi stated on Tuesday that Rakuten has not only opened up XRP payment functionality but has further integrated XRP spot trading. In addition, users can directly exchange their accumulated 'Rakuten Points' for XRP and store them in the Rakuten Wallet.
Goldman Sachs Applies for Bitcoin ETF: Not Holding Spot, Relying on 'Options' for Guaranteed Premium Income
Wall Street investment bank Goldman Sachs has submitted an application to the SEC, preparing to launch a brand new Bitcoin ETF; however, unlike mainstream products in the market, this fund does not directly hold Bitcoin but allows investors to participate in the market through other financial products. This marks not only Goldman Sachs' significant milestone in entering the cryptocurrency investment sector but also signals a shift in Wall Street's strategic layout regarding digital assets.
Documents show that the fund named 'Goldman Sachs Bitcoin Premium Income ETF' plans to establish indirect exposure to Bitcoin prices by investing in 'ETPs that hold Bitcoin' and pairing it with options linked to these products and their tracking indices, with the aim of allowing investors to participate in the fluctuations of Bitcoin prices while also generating income through premium strategies.
Don't be discouraged by the failure to challenge $76,000! Analysis: Bitcoin reveals a 'rare signal', bullish counterattack is on the horizon
Last night (14th), Bitcoin once approached $76,000, but the upward momentum could not be sustained and ultimately retreated once again in front of this 'iron plate area'. However, analysts point out that a rare market signal is quietly emerging, seemingly laying the groundwork for a bullish counterattack.
According to CoinGecko market data, as of 10:30 AM on Wednesday, Bitcoin is priced at $74,432, a slight decline of 0.1% over the past 24 hours; Ethereum fell by 2% to $2,327.
The traditional financial market is a completely different scenario; the U.S. stock market has not experienced similar profit-taking selling pressure. The Nasdaq index closed at the day's highest point, rising by 2%; the S&P 500 index also increased by 1.18%, nearing its historical closing high. This stands in stark contrast to the cryptocurrency market, where Bitcoin is still approximately 40% off its historical high of $126,000 and has yet to fully keep pace with the rebound of risk assets.
Cryptocurrency Exchanges Rush into Pre-IPO Assets: SpaceX Shares Can Now Be Bought with Stablecoins
Author: Jae, PANews
As global top unicorns like SpaceX, OpenAI, and Anthropic begin to appear on the asset list of Binance's Web3 wallet, a battle over 'Pre-IPO dividends' has already shifted from the conference rooms of Silicon Valley VCs to the order books of cryptocurrency exchanges.
The boundary between the private equity market and crypto finance is accelerating its dissolution. From Binance's Pre-IPO assets going live, to Bitget's U.S. stock IPO subscriptions, to Gate's Pre-IPO stock pre-market contracts, the three major cryptocurrency exchanges are collectively making a move into the Pre-IPO arena via distinctly different paths.
The moment of decision for the CLARITY Act is here! U.S. Senator: Missing this week may mean waiting another 4 years
Author: Fenrir, Crypto City
The last-minute legislative sprint, 4/13~4/20 becomes a crucial watershed
Traditionally seen as a "crypto-friendly faction," U.S. Republican Senator Cynthia Lummis recently issued a stern warning on social platform X, pointing out that this is the last chance to pass the (CLARITY Act). She made it clear that if Congress fails to complete legislation before the 2026 midterm election cycle, the regulatory framework for the U.S. digital financial industry will face a stagnation period of up to 4 years, possibly delaying until 2030.
Image source: X/@SenLummis | Cynthia Lummis stated that if Congress fails to complete legislation before the 2026 midterm election cycle, the regulatory framework for the U.S. digital financial industry will face a stagnation period of up to 4 years
After Bitcoin rises to $74,000, what’s the next step? The market is closely watching 'these four key price levels'
At the beginning of this week, analysts are unanimously bullish on Bitcoin's future, and the market trend indeed confirms their optimistic expectations. Bitcoin today (14) broke through the $74,000 mark, setting a new high in nearly a month.
Is this rebound a flash in the pan, or the prelude to a return of the bull market? As Bitcoin's upward momentum continues to ferment, the battle between bulls and bears in terms of chips and technical indicators is quietly heating up, with the market focusing on these four key price levels.
$75,000: The 'pressure release point' that ignites volatility
In the current market, $75,000 is undoubtedly the most critical price defense line, tied to the massive derivatives layout and market makers' hedging operations.
The Demon Coin Revealed! $RAVE Soars 6,000% in a Month, Hidden Dangers? 'Top 3 Wallets' Control 90% of Chips
The obscure token $RAVE unexpectedly broke through, landing in the top tier of cryptocurrency market capitalization, instantly sparking market discussions. Accompanied by unusual trading patterns, an extremely concentrated chip structure, and erratic market momentum, various parties are striving to piece together clues to uncover the behind-the-scenes truth of $RAVE's soaring market.
As the native token of the decentralized organization RaveDAO, $RAVE has delivered an astonishing increase of over 6,000% in the past month. This is not only the most explosive surprise trend in the cryptocurrency world this year but has also reignited heated debates about the 'cryptocurrency speculation bubble.'