The global stablecoin market has reached roughly $300 billion as demand for dollar-backed digital assets continues to expand beyond crypto trading. At the same time, Circle is preparing a major international push that could bring […]
Paolo Ardoino’s push to bring AI into Bitcoin mining has a human decision at its center: who may authorize a machine to change what it is doing? Tether’s MDK v0.11 reference agent pauses its device-action […]
A Chinese national accused of helping launder $36.9 million from crypto scam victims has been extradited to the United States. Zheng Zhao, 44, appeared in a Los Angeles federal court on Oct. 23 after his […]
Tether is trying to make Bitcoin mining equipment easier to operate as one system. Its October 24 announcement brings 15 industry participants behind an open software framework, shifting the focus from buying more machines to […]
“Tether is aware of the allegations reported in The Wall Street Journal that form the basis of Senator Blumenthal’s letter,” the company said in a statement. “External counsel previously conducted an in-depth internal investigation into […]
Tether’s reported $6.8M payment to Nxum Group, co-founded by ex-White House crypto advisor Bo Hines, has drawn congressional scrutiny. According to Senator Richard Blumenthal, a ranking Democrat on the Senate Permanent Subcommittee on Investigations (PSI), […]
Key Takeaways Sen. Richard Blumenthal is probing Tether’s reported $6.3 million payments to a consulting firm co-owned by former White House crypto adviser Bo Hines. Blumenthal raised concerns that Hines may have influenced stablecoin legislation […]
TL;DR: A Colombian crypto broker received a 160-month prison sentence in a US laundering and narcotics case, prosecutors announced October 21. The account describes a scheme moving criminal proceeds through Tether and US shell companies. […]
TL;DR: Tether says it led Peso’s pre-seed round to expand USDT payment infrastructure in Latin America. The announcement emphasizes local bank connections and merchant payments, without disclosing the investment amount. Tether’s latest investment is aimed […]
Key Takeaways Tether led a pre-seed investment round in Bolivian fintech Peso to boost stablecoin adoption across Latin America. Peso builds USDT infrastructure for daily retail payments, integrating with apps like Yango and point-of-sale terminals. […]
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