Tag: Tether

0 27
Posted in Crypto Update

Tether nets record $4.52 billion profit in Q1 2024 – majority from Bitcoin and gold

The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and…

0 19
Posted in Crypto Update

Stablecoin firm Tether invests $200M in neurotech company

Tether’s brand new division, Tether Evo, has completed a $200 million strategic investment in the neural implant…

0 22
Posted in Crypto Update

Tether responds to US lawmakers’ calls for DOJ action

Tether, the company behind the stablecoin Tether (USDT), disclosed letters directed to U.S. legislators, addressing requests for…

0 17
Posted in Crypto Update

Cantor Fitzgerald CEO praises Tether and Bitcoin

Howard Lutnick, the CEO of Wall Street firm Cantor Fitzgerald has praised stablecoin issuer Tether (USDT), describing…

0 28
Posted in Crypto Update

Tether announces wallet-freezing policy for OFAC-sanctioned persons

Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating…

0 23
Posted in Crypto Update

Russia debuts cross-border payments in Tether stablecoin

One of the first cross-border payment platforms in Russia has officially announced its launch and says it…

0 22
Posted in Crypto Update

Swiss city Lugano accepts Bitcoin and Tether for municipal taxes

The Swiss city of Lugano is enhancing the local adoption of Bitcoin (BTC) by enabling citizens and…

0 22
Posted in Crypto Update

Tether moving into infrastructure, energy production, CEO Ardoino says

Paolo Ardoino became CEO of Tether on Dec. 1, moving up from the position of chief technology…

0 27
Posted in Crypto Update

Tether, Bitfinex agree to drop opposition to FOIL request

Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL)…

0 22
Posted in Crypto Update

US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether

The United States Department of Justice announced it had seized roughly $9 million worth of Tether (USDT)…