Tether reports $1.04B Q1 profit as reserves climb to $191.8b
Tether posts $1.04B Q1 profit on a $191.8B reserve stack, leaning on US Treasuries while expanding into gold and bitcoin as stablecoin scrutiny rises. Summary...
Tag : Tether
Twenty One Capital jumps as Tether backs Strike merger plan
Twenty One Capital shares rose after hours after Tether backed a proposed merger with Strike and Elektron Energy. Summary Twenty One Capital shares gained after...
Tether Stakeholder Gave Farage Undisclosed $6.7M Gift Amid Reform UK Crypto Funding Scrutiny
In brief Christopher Harborne, who holds a 12% stake in Tether, gave Nigel Farage an undisclosed £5 million personal gift in 2024. The payment was...
Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts
Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem....
Canaan, Tether deepen partnership on immersion-cooled mining systems
Canaan (CAN) has secured an additional order from Tether for custom Bitcoin mining hardware, extending their collaboration beyond an earlier research and development effort that...
Stablecoin Giant Tether Reveals Plans for Modular Bitcoin Mining Hardware
In brief Tether unveiled plans for modular Bitcoin mining systems that separate compute from power and cooling infrastructure. The company partnered with Nasdaq-listed Canaan Inc....
Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity
In brief Tether froze $344 million in USDT across two Tron blockchain addresses after U.S. authorities flagged them. The freeze was coordinated with the Office...
Tether freezes $344M USDt stablecoins at US law enforcement request
The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses....
Tether Minted 1 Billion USDT: On-chain Trading Grinding Back
Tether just dropped a 1 billion USDT on Ethereum just as the memecoin scene in the chain is heating up. Arkham Intelligence flagged the event...
Tether Asserts Stablecoin Dominance Over Circle's USDC Amid Major Crypto Hacks
In brief Growth in USDT’s market cap has outpaced USDC’s since Drift Protocol was exploited for $285 million this month. If USDC holders begin off-ramping...