Tether

A collection of 29 posts

Wallet

Rumble to Launch Crypto Wallet to Compete with Coinbase

Rumble, the video-sharing platform celebrated for amplifying alternative media voices, is venturing deeper into the crypto space with the development of a non-custodial crypto wallet. Announced on May 9, 2025, by CEO Chris Pavlovski, the wallet is slated for release by the third quarter of this year. Designed to prioritize

Tether

Tether Plans U.S. Stablecoin Launch as CEO Strengthens Washington Ties

Tether, the world’s leading stablecoin issuer, is gearing up to introduce a U.S.-based stablecoin as early as this year, signaling a strategic push to deepen its presence in the American market. The move comes as Tether’s CEO, Paolo Ardoino, intensifies efforts to build relationships with U.

Bitcoin

Cantor Fitzgerald Spearheads $3 Billion Bitcoin Venture with SoftBank and Tether

Cantor Fitzgerald, under the leadership of Brandon Lutnick, collaborating with SoftBank, Tether, and Bitfinex, is set to launch a $3 billion Bitcoin acquisition vehicle. This strategic move aims to capitalize on the favorable cryptocurrency policies under the administration of U.S. President Donald Trump. The initiative, driven by Brandon Lutnick,

Crypto

UN Report Says Crypto Powers Illegal Cambodian Marketplace Called Huione Guarantee

A newly released United Nations Office on Drugs and Crime report exposes Huione Guarantee, a Phnom Penh, Cambodia based online marketplace, as a major hub for illegal activities fueled by cryptocurrencies. Operating primarily through Telegram, this platform has processed at least $24 billion in cryptocurrency transactions from 2021 to 2024,

Stablecoin

Tether Blacklisting Raises Concerns Over Centralized Stablecoin Control

A recent blacklisting of a user’s wallet address by Tether (USDT) has sparked renewed debate about the risks of centralized stablecoins, as the action froze funds held in a non-custodial Unstoppable Wallet. This incident highlights Tether’s ability to remotely block transactions, a power rooted in its centralized control

Tether

Tether CEO Eyes New US Stablecoin as Regulatory Pressure Mounts on USDT

Paolo Ardoino, the chief executive of Tether, has hinted at a significant shift in the company’s strategy as it grapples with mounting regulatory challenges in the United States. With new legislation threatening to ban Tether’s flagship stablecoin, USDT, from key markets, Ardoino revealed that the company is exploring

Crime

Tether and Binance Accounts Tied to Justice Department’s Hamas Crypto Crackdown

The U.S. Department of Justice recently took a significant step in its fight against terrorism by seizing roughly $201,400 in cryptocurrency tied to Hamas, a group designated as a foreign terrorist organization by the United States. Announced on March 27, 2025, by the U.S. Attorney’s Office

Tether

Tether Reported as Seventh-Largest US Treasury Holder in 2024 with $33.1 Billion in Assets

Tether has solidified its standing in the financial world by becoming the seventh-largest holder of US Treasuries in 2024, a notable achievement for the company behind the widely used USDT stablecoin. With $33.1 billion in these government securities, Tether has outpaced several prominent nations, including Canada, Norway, Germany, and

Crypto

Venezuelan Minister Highlights Crypto’s Role as 25% of Global Trade Shifts Beyond US Dollar

In an era of transformative global commerce, Venezuelan Foreign Minister Yvan Gil has spotlighted a remarkable shift in international trade, with up to 25% of transactions now potentially conducted outside the US dollar’s dominance, increasingly facilitated by cryptocurrencies. Speaking on the evolving financial landscape, Gil tied this development to

Bitcoin

How Russia Is Using Bitcoin, Ethereum, and Stablecoins to Power Its Oil Trade with China and India

Russia has quietly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to facilitate its massive oil trade with China and India, a move aimed at navigating around Western sanctions, according to Reuters. This development marks a shift in how the country handles its $192 billion oil market, as reported by

El Salvador

Tracking the Source of El Salvador’s Bitcoin Reserve to Bitfinex

In a surprising twist, a recent blockchain analysis has tracked the origins of El Salvador’s Bitcoin reserve back to a single entity: Bitfinex, a crypto exchange led by Paolo Ardoino and Giancarlo Devasini. According to the findings published by ElSalvador.com, all 6,111 of the 6,114 Bitcoins

Strategic Bitcoin Reserve

Data Indicates U.S. Government Holds Bitcoin, Ethereum, Tether, and More, in $17 Billion Portfolio

Recent data from crypto intelligence firm Arkham reveals that the U.S. government currently holds an impressive $17.54 billion in cryptocurrencies, a figure tracked on their dashboard under their "U.S. Government" entity. This substantial portfolio likely stems from criminal investigations, forfeiture proceedings, and similar activities where

Bitcoin

Court Documents Reveal Swan Bitcoin Brokerage Service Was Funded by Ripple

Swan Bitcoin, a company focused on Bitcoin financial services, accepted funding from Ripple Labs, the company behind XRP, according to legal and financial records recently brought to light by Blockspace Media. This development has stirred controversy, especially given Swan’s public criticism of Ripple in the past. The situation unfolds

Stablecoin

Former Tether CEO Unveils Yield-Bearing Stablecoin Rival Set for Ethereum and Solana Launch

Reeve Collins, a name tied to the very roots of the stablecoin world, is stepping back into the spotlight with a fresh venture. As one of Tether original founders, Reeve Collins is now gearing up to launch his own stablecoin under the Pi Protocol banner, according to a report from

Stablecoin

Tether Engages with US Lawmakers to Shape Stablecoin Regulation Framework

In a significant development within the crypto space, Tether, the company behind the world's largest stablecoin USDT, has initiated discussions with U.S. lawmakers to influence the regulatory landscape for stablecoins in the United States. This move comes at a critical time as Congress works to establish a

Bitcoin

Quantum Computing Looms as Future Threat to Bitcoin Security, Says Tether CEO Paolo Ardoino

In a recent statement that has sparked conversation among crypto users, Tether CEO Paolo Ardoino has provided a forecast on the potential impact of quantum computing on Bitcoin's security. Ardoino's insights come at a time when tech is rapidly evolving, presenting both opportunities and challenges for

Stablecoin

Senator Bill Hagerty Proposes Bill to Regulate US Stablecoin Market

Senator Bill Hagerty is poised to introduce a new piece of legislation aimed at providing regulatory clarity for the burgeoning stablecoin market in the United States. Known as the GENIUS Act, which stands for Guiding and Establishing National Innovation for US Stablecoins, this bill seeks to establish a structured regulatory

Tether

Tether Plans to Build 70-Story Crypto Hub Skyscraper in El Salvador

Imagine a towering beacon of innovation rising 70 stories high in the heart of El Salvador, a country that’s quickly becoming a haven for tech and crypto pioneers. That’s exactly what Tether, the company behind the $140 billion stablecoin USDT, is planning to bring to life. In a

Tether

Tether Breaks Records with $13 Billion Profit and Bitcoin and Gold Holdings

Tether's 2024 financial performance is nothing short of amazing, showcasing the stablecoin giant's dominance in the crypto space. The company reported $13 billion in net profits for the year, fueled in part by its strategic investments in Bitcoin and gold, which alone contributed $5 billion in

Tether

Tether Files Lawsuit Against Swan Bitcoin Over Mining Joint Venture Dispute

In a significant escalation of their ongoing dispute, Tether, the stablecoin giant, has taken legal action against financial services firm Swan Bitcoin. The lawsuit filed in the High Court of England and Wales, centers around a contentious Bitcoin mining partnership known as 2040 Energy, revealing tensions that have simmered beneath

Bitcoin

Bitcoin Drops Near $90K as Crypto Market Sees Intense Sell-Off

In what can only be described as a tumultuous day for the market, Bitcoin, the most popular and well known digital currency, has witnessed a significant drop, touching a low of $91,215. This marks a decline of over 3% against the U.S. dollar, reflecting the broader instability within

Tether

Concerns Grow as Tether Encounters More Issues

Tether is a key player known for its stablecoin USDT, and is currently facing a series of developments that are causing a mounting concern within the market. Recent events surrounding Tether have sparked speculation and worry, suggesting that the company might be on the verge of a crisis. The quiet

Crypto

Brock Pierce Leads New Crypto Investment Reality TV Series

In the world of entertainment, a new show has emerged to capture the imagination of both crypto enthusiasts and casual viewers. "Knights of Crypto," starring the charismatic Adrien Grenier, known for his role in HBO's "Entourage," dives headfirst into the volatile and exhilarating world

Crypto

Crypto Wallet Scam Discovered in YouTube Comments

Scammers have once again raised the stakes by exploiting one of the internet's most popular platforms, YouTube. Kaspersky, the well-known Russian cybersecurity firm, recently highlighted a sophisticated scam targeting cryptocurrency enthusiasts through the comments section of finance-related videos. The scam begins innocuously enough with comments appearing to be

Stablecoin

Elon Musk's SpaceX Uses Stablecoins to Bypass Forex Risks

In the latest episode of the All-In podcast, Silicon Valley's own Chamath Palihapitiya shared an intriguing insight into how Elon Musk's SpaceX manages its financial operations, particularly when dealing with international transactions. SpaceX, through its Starlink services, has adopted a modern approach by leveraging stablecoins to