Crypto Crime Bust: $27B Telegram-based Haowang Guarantee Shut Down In a stunning move against crypto crime, Haowang Guarantee, a notorious Telegram-based black market that facilitated over $27 billion in illicit cryptocurrency transactions, was abruptly shut down. The action, spurred by investigations from WIRED and blockchain analytics firm Elliptic, led Telegram to ban thousands of accounts […]
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Tether Bolsters Twenty One Capital’s Bitcoin Treasury in Preparation for Public Listing Tether has taken a bold step by purchasing an additional 4,812 Bitcoin at an average price of $95,319 each, transferring these assets to an escrow wallet in anticipation of Twenty One Capital’s upcoming public listing through a SPAC merger. This strategic acquisition not […]
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Tether Mints $8 Billion USDT, Strengthening Market Liquidity and Dominance Tether, the powerhouse behind the USDT stablecoin, has minted an additional $8 billion worth of USDT, pushing the total supply to a new high of $149.4 billion. This strategic move comes amidst heightened volatility in the cryptocurrency market, bolstering Tether’s dominance in the stablecoin sector. […]
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Schumer Raises Concerns Over Tether’s Role in Proposed GENIUS Act Senate Minority Leader Chuck Schumer has voiced his apprehension regarding the treatment of Tether, the leading stablecoin issuer, within the proposed Guiding and Establishing National Innovation in U.S. Stablecoins Act (GENIUS Act). This legislation aims to regulate stablecoins, addressing the burgeoning market’s need for clarity […]
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Tether Plans New US Dollar-Pegged Stablecoin Amid Rebranding Efforts Tether, once a shadowy player in the crypto world, is boldly stepping into the US market with a new dollar-pegged stablecoin. This move is part of a broader strategy to reshape its image, distancing itself from past associations with criminal activities and towards a cooperative stance […]
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Tether’s Bold Leap Beyond USDT: Building for the Apocalypse Tether, the powerhouse behind the USDT stablecoin, is making strategic moves to diversify its portfolio, aiming to fortify its position in the crypto ecosystem. From Bitcoin mining to artificial intelligence, Tether’s CEO Paolo Ardoino is steering the company towards a future that’s not just about stablecoins […]
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Brandon Lutnick’s 21 Capital: A New Player in the Bitcoin Acquisition Game – Brandon Lutnick leads consortium – Partners: Tether, SoftBank, Bitfinex – 21 Capital aims to replicate MicroStrategy’s success – $3 billion in Bitcoin from partners – Plans to raise additional funds Brandon Lutnick, the chair of Cantor Fitzgerald, has launched a bold venture […]
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Strike CEO Jack Mallers to Lead New Bitcoin Venture Backed by Tether and SoftBank In a bold move to reshape the financial landscape, Jack Mallers, the visionary behind Strike, is set to lead Twenty One, a new Bitcoin-centric venture backed by industry giants Tether and SoftBank. Jack Mallers appointed CEO of Twenty One Tether, SoftBank, […]
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Tether Injects 1 Billion USDT into Tron, Bitcoin Surges to $87,440 Tether’s decision to mint 1 billion USDT on the Tron blockchain has set the stage for a potential surge in the cryptocurrency market, with Bitcoin responding with a 2.6% increase to $87,440. This move, coupled with the Federal Reserve’s recent policies, underscores the complex […]
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Tether Considers U.S.-Only Stablecoin Amid Trump’s Pro-Crypto Policies Tether, the leading issuer of the world’s most traded stablecoin, is actively considering launching a U.S.-only version of its token, driven by the potential for favorable regulations under the Trump administration. Tether explores U.S.-only stablecoin leveraging Trump’s crypto-friendly policies Engages with U.S. regulators to shape stablecoin frameworks […]
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