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Tether expands USDT to Aptos blockchain for lower fees

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Tether, the company behind the widely used USDT stablecoin, has launched its USDT token on the Aptos blockchain, a move designed to enhance transaction efficiency and reduce costs for users. This expansion marks Tether’s entry into the Aptos ecosystem, which is known for its scalability and low-latency infrastructure.

The decision to deploy USDT on Aptos reflects Tether’s ongoing commitment to broadening its reach across various blockchain networks. By integrating with Aptos, Tether aims to provide faster and more cost-effective transactions, addressing some of the existing challenges in the cryptocurrency space, such as high fees and network congestion.

Paolo Ardoino, CTO of Tether, highlighted the benefits of this expansion, noting that Aptos’ innovative technology will help improve the user experience for those transacting with USDT. The partnership is expected to attract new users to the Aptos network while providing existing users with a reliable and stable digital currency option.

This move comes as Tether continues to solidify its position as a leading stablecoin in the global cryptocurrency market. With USDT now available on multiple blockchains, including Ethereum, Solana, and Tron, the addition of Aptos further diversifies Tether’s offerings, enabling it to meet the growing demand for flexible and efficient digital payment solutions.

The launch of USDT on Aptos is seen as a strategic step in Tether’s mission to foster financial inclusion and provide more accessible financial services globally. As blockchain technology continues to evolve, Tether’s integration with innovative networks like Aptos is expected to play a significant role in shaping the future of digital finance.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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