Author: CryptoPress

Tether has launched tether.wallet, a self-custodial mobile application designed to provide direct access to its financial ecosystem. The wallet supports Bitcoin (on-chain and Lightning), USDT, XAUT, and the new USAT across Ethereum, Polygon, and Arbitrum. Key features include gas abstraction, allowing users to pay transaction fees using the asset being sent, and human-readable @tether.me usernames. Tether, the issuer of the world’s largest...

Treasury Secretary Scott Bessent urged the Senate to pass the Digital Asset Market Clarity Act (CLARITY Act) to secure U.S. leadership in the digital finance sector. Bessent characterized cryptocurrency as a “technology the world is adopting,” noting that capital and talent are fleeing to jurisdictions like Singapore and Abu Dhabi due to regulatory gaps. The push for legislation comes as the window for bipartisan action narrows...

Iran has mandated a $1 per barrel transit toll payable in Bitcoin for all oil tankers passing through the Strait of Hormuz during a two-week ceasefire. MicroStrategy (MSTR) acquired an additional 4,871 BTC for approximately $329.9 million, bringing its total closer to the 1 million BTC milestone. On-chain sleuth ZachXBT uncovered a North Korean hacker network using fake identities to earn millions in crypto through remote IT roles. The...

Zcash (ZEC) has gained 60% over the past seven days, outperforming the broader market to reach a three-month high of approximately $383. The rally follows the launch of a compliant mining pool by Foundry Digital and a surge in the network’s shielded pool supply, which now holds over 31% of ZEC. Market participants are closely watching the April 28 deadline for the SEC’s decision on Grayscale’s application to convert its Zcash Trust...