Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With an increasing number of funds being blocked by exchanges due to AML checks, any cold wallet receiving USDT could face risks; verifying asset cleanliness is crucial. Table of Contents USDT blockchain precedents: lessons not to ignore Verifying the purity of cryptocurrency is a necessity The solution Recently, cases of funds being blocked by exchanges under the pretext of AML checks have become more frequent. Any cold wallet receiving USDT could be at risk. Users might deposit USDT from their wallet to an exchange, and suddenly, their funds get blocked due to an AML check. This leads to a long dispute with support, where the user has to prove that they are not involved in any illegal activities. Such disputes with customer support can last up to 6 months. Why deal with such problems? Users can check their USDT in advance for sanctions and risks using any service from this list . Traders will receive a detailed report on the contamination level of their assets, as well as recommendations on which exchanges might pose a risk for their funds. Additionally, they can subscribe to platform’s private channel , where they share strategies to multiply capital without risk. USDT blockchain precedents: lessons not to ignore Bitfinex exchange asset freeze in 2018 Bitfinex, one of the largest cryptocurrency exchanges, came under investigation in 2018. The US froze the exchange’s funds, including large amounts of USDT, due to suspected financial regulatory violations. This caused panic in the market and led to losses among users whose funds were linked to suspicious transactions. Confiscation of funds worth $30 million in 2021 In 2021, Tether Limited, the issuer of USDT, froze $30 million in funds related to suspicious transactions at the request of law enforcement agencies. In this case, even users who may not have been involved in illegal activity but were involved in the transaction chain were affected. These cases emphasize the importance of dealing with “clean” cryptocurrencies whose origin is not linked to illegal activity. Verifying the purity of cryptocurrency is a necessity The cryptocurrency market is increasingly facing regulation and scrutiny from regulators. Verifying the purity of USDT and other crypto assets is becoming a key step to ensure security and regulatory compliance. Ensuring security Verifying the purity of USDT helps to identify links to illegal activities such as money laundering or terrorist financing. Having a “tainted” cryptocurrency in a wallet can lead to the freezing or confiscation of funds. It is a way for companies and private investors to protect their assets and minimize risk. Regulatory compliance Many countries are tightening cryptocurrency regulations with strict anti-money laundering (AML) requirements. Utilizing cryptocurrency verification services can help users comply with regulations and avoid fines, penalties, and blocked funds. This is especially important for companies operating in international jurisdictions. The solution In the context of growing risks and increased regulation, checking crypto-assets for AML compliance is a necessary step. The free AML Sreening Center service brings together the best-proven tools for transaction and wallet verification. This service will help users verify any cryptocurrency asset for “cleanliness,” reducing the likelihood of problems with regulators or the freezing of funds. The platform’s website provides reviews of various services for verifying transactions and wallets, including those for verifying cryptocurrencies for AML compliance. In this private channel, users will find the most advanced news about crypto regulation by regulators, market reviews from recognized experts and a lot of useful information to increase capital without risk. Read more: Crypto wallet security needs a rethink | Opinion Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
TRON leads the way in USDT transfers with a staggering $11.4 billion influx—could this signal an impending market shift? The blockchain processed an impressive 1.89 million USDT transactions, highlighting its
Bitcoin remains strong in the bull market as analysis deepens. Large investments on Coinbase significantly impact Bitcoin’s price movements. Continue Reading: Bitcoin’s Surge: What Drives the Current Bull Market? The post Bitcoin’s Surge: What Drives the Current Bull Market? appeared first on COINTURK NEWS .
The post Analyst Raises Concerns Over Strategic Crypto Reserve, Calling It ‘Corruption in Disguise’ appeared first on Coinpedia Fintech News Crypto analyst Nicholas Merten aka Datadash recently shared strong concerns about the Trump administration’s proposed “Strategic Crypto Reserve,” which includes cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. Merten questioned the inclusion of these altcoins, arguing that they don’t yet have enough real-world adoption or use cases to be considered vital for national security. Merten pointed out suspicious trading activity on exchanges, where large leveraged positions in Bitcoin and Ethereum were taken just before the announcement of the reserve. He raised concerns that this could suggest insider trading, where people with early knowledge of the announcement used that information to make a profit. While some people may view the crypto reserve as a good move for the industry, Merten believes it may actually be a way for insiders with investments in these cryptocurrencies to enrich themselves. He criticized the decision to include altcoins like XRP, Solana, and Cardano, suggesting that these coins do not hold the strategic importance that the government claims. “I don’t think we need to have an entire basket of random altcoins. This is not of strategic importance to the United States by any stretch of the imagination. We need to step back and really realize that while we may love crypto, this is just purely insider activity to drum up the assets that are held by the people who are in this administration,” he said. Merten also argued that instead of focusing on crypto, the government should be investing in companies with tangible value and impact, like Apple and Nvidia, which have a significant role in global markets. He expressed concern that this reserve could lead to taxpayers funding risky investments that mostly benefit the people with insider knowledge, describing it as “corruption in disguise.”
Cardano ($ADA) has witnessed a stunning rise in value, with the digital currency climbing by 60% after ex-U.S. President Donald Trump dropped a “bombshell” about a “US Crypto Reserve” being formed. For the first time in what seems like an eternity, Cardano was worth over $1 again, and for a moment there, it almost felt like we were reliving the excitement of pre-2022 when the broader crypto market was full of green. Any increase in price for ADA is music to the ears of its holders, and we are more than happy to witness this long-overdue pump in Cardano’s price after a lethargic first half of 2023. Trump’s Announcement Ignites Cardano’s Price Surge On March 2, Trump unveiled his ambitious “US Crypto Reserve” plan, which has been described as a strategic initiative to position the U.S. as a global leader in the cryptocurrency space. One of the key highlights of this announcement was the inclusion of Cardano ($ADA) in the reserve, a move that immediately caught the attention of investors and market participants. Cardano’s price responded with an explosive 60% increase, pushing its value beyond the $1 mark for the first time in more than a month. This surge means a lot to the crypto community and for good reasons. Many in the community see it representing a strong vote of confidence in Cardano’s long-term prospects. Not only does this signal a growing institutional interest in the blockchain itself, but it also seems to reflect a potential pivot in how cryptocurrencies are seen by government entities. #SmartSignal $ADA @Cardano surges 60% after Trump’s "US Crypto Reserve" announcement, surpassing the $1 mark for the first time in over a month. Check it out on #BitgetSpot : https://t.co/8E6EsIyaXX pic.twitter.com/FOjgBabPfh — Bitget (@bitgetglobal) March 3, 2025 Including Cardano in the U.S. strategic reserve places it in a prominent position as a cryptocurrency with “store of value” potential—something many are taking as a positive sign of institutional acceptance. The statement has shed new light on the emerging story of the U.S. government adopting digital assets, illuminated by the recent establishment of the US Crypto Reserve. When you place certain digital currencies into this reserve, it begins to look as if you’re positioning them as federally recognized assets—especially when you consider that the reserve now includes cryptocurrencies like Cardano, which is seen as a potential rival to Ethereum. Cardano ETF Approval in 2025: The Odds Are in Favor A further development arising from Trump’s announcement is that Cardano moving toward an exchange-traded fund (ETF) becoming a reality seems more likely now than it did a day or so before Trump made his announcement. Bringing Cardano into the U.S. strategic reserve is part of a plan that Trump and his administration have. This apparently consists of taking a serious look at the potential digital assets have for being adopted by institutional players. So, naturally, there’s some speculative talk about how close we are now to a Cardano ETF. And in the crypto world, anything ETFs seem to get talkers going. UPDATE: Odds for Cardano $ADA ETF receiving SEC approval in 2025 rose to an all-time high of 70% on Polymarket At the beginning of the year, the odds were just 10%. pic.twitter.com/eaPDbmPW8X — Cardanians (CRDN) (@Cardanians_io) March 3, 2025 Polymarket’s recent data indicate that the probabilities have increased dramatically for Cardano’s ETF approval from the SEC in 2025, now sitting at an all-time high of 70%. This is quite the departure from sentiments held earlier this year when the odds of approval were languishing in the low 10% range. Cardano’s inclusion in the U.S. crypto reserve has certainly improved investors’ forecasts. And for many, there is now a palpable sense that the SEC, which has up until now played the role of crypto ETF gatekeeper, is about to hand Cardano’s ETF an approving thumbs-up. Should Cardano be granted an ETF green light, it would almost certainly rewrite the playbook for the cryptocurrency, giving institutional investors a quasi-Greek-lit pathway to ADA exposure that is both touchable and, in their world, relatable. The ETF route is indeed a roadway. And it is a way that a lot of people in the crypto space think should lead right into the lap of not very many. The increase in Cardano’s price, along with the increasing faith in the asset’s long-term viability, has made the cryptocurrency a prime contender for ETF approval. Investors and analysts are now looking forward to the April 10th deadline of the Cardano ETF application, which could be a make-or-break moment for the asset in terms of the path it takes in the future. Yesterdays announcement including ADA in the US strategic reserve makes the Apr 10th initial deadline for the Cardano ETF very interesting now.. I had been thinking it would be dragged out but could we see it approved without delay / extension..? pic.twitter.com/gdiALD4yyC — P₳ul (@cwpaulm) March 3, 2025 Why Cardano’s Growth is Significant The sharp increase in price and the swelling institutional interest of Cardano can only partially be explained by the enthusiasm of the broader crypto market. What is becoming increasingly clear to investors is that the blockchain on which Cardano runs has some singular features and capabilities that set it apart. Founded by Ethereum co-founder Charles Hoskinson, Cardano functions on a proof-of-stake consensus mechanism—an energy-efficient alternative to proof-of-work blockchains like Bitcoin and Ethereum. And the Cardano network seems to be making strides not just in the energy department but also in the blockchain’s scalability, security, and the ecosystem of decentralized applications (dApps) that developers are building on top of it. More and more often of late, the price of ADA has been surging. This can only mean one thing: ever more people are recognizing Cardano’s technological advancements. And with good reason! The Cardano blockchain is not a static structure. It is an evolving organism. Right now, it is moving toward a future with more and more features—like smart contracts—built right into it. Ever since the price of ADA has been on the up-and-up, more and more development teams, projects, and investors seem to be migrating to Cardano. In addition, Cardano actively seeks worldwide acceptance by forming partnerships and collaborations in many areas, such as education, healthcare, and agriculture. Its diverse array of use cases instills greater confidence in the long-term sustainability of the network, which in turn makes Cardano an appealing investment asset for both retail and institutional investors. What’s Next for Cardano and Its Investors? Cardano’s price keeps moving up in the aftermath of Trump’s announcement, and now all eyes are on April 10th, 2023, the deadline for the Cardano ETF application. The SEC’s approval odds have never been higher—71% as of most recent estimates. Should the Cardano ETF get the green light, we might see the price surging to new all-time highs. How might we interpret these seemingly bullish signals? If anything, they indicate that Cardano is on a clear path toward greater institutional adoption. Should the ETF not get approved, then honestly, it might not matter, because Cardano being with or without an ETF is already an institutional adoption play. At the moment, Cardano’s investors are soaring on a 60% price increase. But as we look to the next several months, the true test for the asset will come with the SEC’s decision on the ETF. If Cardano’s ETF is approved, it likely will be a watershed moment for the asset. And if it really goes in the direction of that approval? Well, we might be talking about Cardano as an apparent leader in the crypto market. To conclude, Cardano has surged past the $1 mark and the odds of its ETF approval seem to be increasing. These are good signs, in my book, of the growing institutional confidence in the cryptocurrency space. With the U.S. government backing not going anywhere, and ETF approval looking more likely than ever, Cardano seems like a bet that is more safe than risky. The SEC is set to make a decision anytime now that could very well determine the next chapter in Cardano’s journey. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Top SHIB team member addressed SHIB army on current market crash
Across Protocol has successfully raised $41 million in a recent funding round, aiming to enhance interoperability between Ethereum and Layer 2 networks. This funding is significant as it showcases the
SSV Network’s innovative proposal aims to enhance Lido’s staking infrastructure by integrating permissionless modules that bolster decentralization for Ethereum. This initiative highlights a growing institutional interest in Ethereum staking, with
To comply with European regulations, Binance has stated that it will stop allowing users in the European Economic Area (EEA) to trade pairs involving stablecoins that do not comply with MiCA —basically, non-compliant stablecoins. The move now affects one of the most widely traded stablecoins, $USDT; another stablecoin that is very widely traded, $DAI; and a not insignificant stablecoin, $TUSD. The MiCA Regulation and Its Impact on Binance Users The forthcoming regulation of the European Union’s Markets in Crypto-Assets (MiCA) is set to assume a central position in determining the destiny of cryptocurrencies in that part of the world. Under the new rules, stablecoins that don’t measure up to MiCA’s standards will no longer be permitted for trading on Binance’s platform by users in the EEA. In response, the globally leading crypto exchange has announced that it will, well, un-announce that trading pairs with non-compliant stablecoins will be taken off its platform by the end of March 2025. Among the stablecoins affected by this decision are major assets like $USDT (Tether), $DAI (Dai), $TUSD (TrueUSD), $FDUSD (First Digital Dollar), $USDP (Pax Dollar), $AEUR, $UST (TerraUSD), $USTC (Terra Classic USD), and $PAXG (Paxos Gold). Users who hold or trade any of these non-compliant stablecoins are advised to convert them into MiCA-compliant stablecoins like $USDC, $EURI, or the regular euro (EUR) well before the cutoff date to avoid any disruption in trading. The communication also spelled out that users in the EEA can continue to hold, put into circulation, or take out of circulation any stablecoin that doesn’t fall under MiCA after the 31st of March, 2025. These are stablecoins that don’t meet MiCA’s freedom to provide services under the European Securities and Markets Authority’s definition of a financial instrument. However, those using Binance won’t be able to circulate those stablecoins on the platform anymore. A Smooth Transition for Binance Users To minimize any potential issues, Binance is advising users to convert their stablecoins that do not comply with regulations to MiCA-compliant options like USDC. The exchange set a deadline of March 31, 2025, at 23:59 UTC, for all non-compliant stablecoin pairs to be removed from the spot trading market. After that cutoff, users may find themselves in a trading jam if they can’t get access to their funds. Ahead of this switch, Binance is taking further actions to ensure that users with margin accounts come to no harm. It is no longer possible to trade in stablecoins that are not compliant with the AMF. These stablecoins have been identified. Any margin trading that does involve them must stop. This work must be completed by the morning of March 27, 2025. By then, all margin trading involving non-compliant stablecoins must have ceased. Affected accounts: Cross Margin, Isolated Margin, and anyone trying to hook up a non-compliant stablecoin to their margin trading. BINANCE TO DELIST ALL NON-MICA COMPLIANT STABLECOIN TRADING PAIRS IN THE EEA REGION – @Binance , a leading cryptocurrency platform, has announced changes to its stablecoin offerings for users in the European Economic Area (EEA). – The exchange's move comes in response to new… https://t.co/iTzaLwK2pb pic.twitter.com/oToVcZyGMe — BSCN (@BSCNews) March 3, 2025 Impact on Binance Earn, Loans, and Dual Investment Products The modifications that comply with MiCA are also anticipated to have an effect on users of Binance’s Earn, Loans, and Dual Investment services, who are participating in these services. The deadline of March 31, 2025, mandates that these users switch their holdings or collateral to compliant stablecoins, like USDC, to keep using these services. After the deadline, these users are able to sell stablecoins that are not compliant through Binance Convert, and can utilize these non-compliant stablecoins for any purpose that might require greater flexibility. Service in any other Binance product that is not compliant with MiCA will have limited use until compliance is achieved. Why This Change Is Happening Binance’s choice to remove stablecoins that do not comply with MiCA from its trading platform is part of an overall strategy in the EU of creating clear, understandable rules for crypto companies doing business in member states. MiCA—short for the Markets in Crypto-Assets Regulation, which is expected to be fully in force by 2025—aims to take a comprehensive swing at regulating not just cryptocurrencies but also crypto-service providers and issuers of so-called “cryptoassets” anywhere in the EU. In advance of the new regulations, Binance is making certain to align with them so as to avoid any issues in continuing to serve its users in the EEA. Its approach to these regulatory changes is entirely user-friendly and already showcases a commitment to ensuring it can serve its users in the EEA while continuing to abide by local laws. Stablecoins compliant with MiCA, like USDC and EURI, will still be able to be traded on Binance while the transition takes place. This ensures that users aren’t disrupted during the process and lets us continue to make compliant tokens necessary for crypto to work in Europe available. We aren’t making any sudden moves that would throw any of our users into an unexpected situation. What Users Need to Do Users in the EEA should take steps to convert any stablecoins that are not compliant with MiCA into options that are compliant, like USDC or EUR, before the March 31, 2025 deadline. To avoid any disruption, they should consider making these conversions as early as possible. There is also the feature on the platform Binance Convert that will allow users to sell leftover holdings in stablecoins that are not compliant with MiCA, providing some additional flexibility. Binance’s warning concerning margin accounts, along with the automatic conversion of assets, serves as a vital reminder for users to manage their positions before the cutoff date. It is also crucial for users of Binance Earn, Loans, or Dual Investment products to switch to MiCA-compliant options as soon as possible, lest any interruptions occur in their participatory rights. To sum up, Binance is now delisting stablecoin trading pairs not in accord with the European MiCA law—but only for EEA users, which is interesting. This seems to be a pretty big hint from the exchange that it is taking steps to comply with European law. The good news for users of the exchange is that the stablecoin trading pairs they do have should comply with MiCA, so there shouldn’t be any interruptions in service. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: perfectpixelshunter/ 123RF // Image Effects by Colorcinch
TRON dominates USDT transfers with $11.4B in inflows—will this trigger the next big market move?