#USDT
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Whitepay: 500,000 USDT Raised for Ukraine!
Amidst Russia's full-scale invasion, Ukraine's perseverance surprised many. The Ukrainian Armed Forces have stood strong, backed by the nation's unity and worldwide donations. Support from individuals worldwide, including crypto donations through Whitepay, has significantly bolstered Ukraine's defense efforts. 
“Stablecoins Way Better than Digital Fiat”: MakerDAO Interview
GNcrypto had a pleasure talking to Tadeo, Developer Relations for Spark Protocol, MakerDAO’s SubDAO. And the conversation wasn’t just about the Dai stablecoin or its advantages compared to its competitors, USDT included. We delved into which countries are better at regulating crypto, why people trust opaque businesses, recent research into Solana as a potential future codebase for MakerDAO. 
Wintermute, an algorithmic trading firm in digital assets, accuses NEAR Foundation and Aurora of failing to uphold their agreement involving the conversion of $11 million worth of the now-defunct USN stablecoin to USDT. These tokens originated from the now-defunct FTX exchange and were acquired by Wintermute in exchange for fiat currency with the assurance of a complete conversion. 
On October 6, 2014, the first-ever USDT transaction took place, marking the beginning of this stablecoin's journey. Since then, USDT has weathered its fair share of FUD (Fear, Uncertainty, Doubt). However, it's worth noting that USDT has also had several instances where it temporarily lost its peg to the US dollar. 
Hackers managed to drain 6000 ETH, 3.9 million USDT, 1.1 million USDC, and 900,000 DAI from the company's address.
Tongue-in-cheek, one might say Drake was responsible for the audit.
UPD: Hacken has disclosed that an initial cyber theft of $20.69 million was executed on the Ethereum network, which was followed by subsequent heist amounting to $25.6 million across the BSC and Polygon networks.
The project's team has not yet commented on the breach.
The only information available is a Telegram channel update, indicating technical maintenance for the withdrawal of ETH, USDT, and ERC20 tokens. 
On Wednesday, U.S. lawmakers introduced a bill that prohibits federal government officials from engaging with Chinese blockchain companies, reflecting the U.S. government’s ongoing concerns regarding Chinese involvement in the cryptocurrency sector. 
Security company PeckShield has issued a warning to users about a phishing attack conducted by a scammer who has stolen over $675,000 in the past five days. He exploits USDT token permissions. Users are therefore advised to promptly verify and revoke any suspicious accesses to safeguard their assets.