Tether CEO dismisses insolvency claims, says critics ignore $30B in group equity

Key Takeaways Tether CEO Paolo Ardoino dismissed claims questioning potential insolvency of USDT. Tether holds around $30 billion in group equity, acting as a buffer for asset value declines. Share this article Tether CEO Paolo Ardoino today dismissed insolvency claims against the USDT stablecoin issuer, pointing to the company’s multi-billion-dollar excess reserves and around $30…

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Traders Remain Cautious as Crypto Market Sees Gradual Recovery in Sentiment: Bybit Report

The recovery in crypto assets comes alongside improved global risk appetite, investor sentiment, and positive macroeconomic signals. Over the last few days, bitcoin and other crypto assets witnessed a steady but cautious recovery from the extreme bearishness seen last week. The broader crypto market staged a gradual recovery after many assets plummeted to levels…

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Bitcoin tumbles below $89,000, triggering over $200 million in long liquidations in past hour

Key Takeaways Bitcoin’s recent price plunge triggered about $200 million in liquidations of leveraged long positions within an hour. Liquidations occur when exchanges automatically close positions to limit further losses for traders who borrowed to bet on higher Bitcoin prices. Share this article Bitcoin fell from above $91,000 to $88,900 in the past hour, wiping…

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Crypto Asia News: India Reviews VDA Framework, Japan Pushes For Extra Reserves, South Korea Implements Stricter AML Rules

Another week, another crypto Asia update. In this week’s update, the focus has shifted towards maintaining regulatory clarity and reinforcing digital asset infrastructure rather than sweeping changes. Governments are fine-tuning what’s already in place. Here’s the rundown of the biggest headlines from this week in crypto Asia. India Formally Reviews Its VDA Framework India currently…

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Upbit to resume deposits on Dec 1 after recent hack

Upbit will resume digital asset deposits and withdrawals on December 1 at 1:00 PM KST following a $37 million hack that targeted Solana-based assets. The South Korean exchange announced that all existing deposit addresses have been deleted, and users must issue new addresses before depositing funds. The security breach occurred on November 27, 2025, when…

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Africa Crypto News Week in Review: Ghana Gold Board Exploring Blockchain, South Africa Central Bank Caution, University of Namibia Introduces Blockchain Masters Program

In Africa crypto news this week, the Ghana Gold Board is pushing for blockchain implementation in tracking global gold movements. Meanwhile, in South Africa, the South African Reserve Bank has warned of the stability risk from the country’s crypto sector.  SARB adds crypto and stablecoins to new risk-monitoring category. Custody balances $1.5B, 7.8M users. Top…

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