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Tether

US lawmakers target Chinese blockchains BSN, Conflux in bill that brings tech decoupling to Web3

by Ron Morgan
US lawmakers target Chinese blockchains BSN, Conflux in bill that brings tech decoupling to Web3

BSN was founded in 2020 by a consortium consisting of Red Date, state-owned telecommunications giant China Mobile, bank-card clearing service UnionPay, and China’s State Information Centre, a government think tank …

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Europe’s Bitcoin miner secures €575m debt financing from Tether

by Isaac Wright
Europe’s Bitcoin miner secures €575m debt financing from Tether

Northern Data Group says the financing will strengthen its ability to invest in “the most sophisticated hardware available.” Northern Data AG, a German company focused on Bitcoin (BTC) mining, has …

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DOJ Investigation Requested For Illicit Finance

by Isaac Wright
DOJ Investigation Requested For Illicit Finance

In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT).  The …

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DoJ asked to mull criminal charges against Binance and Tether

by Isaac Wright
DoJ asked to mull criminal charges against Binance and Tether

Two U.S. elected officials wrote to the Department of Justice, calling for a concluded investigation on Binance and Tether that could lead to litigation against the pair of crypto heavyweights. …

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USDT’s Market Cap Soars Beyond $84b Amid Positive Crypto Market Sentiments

by Isaac Wright
USDT’s Market Cap Soars Beyond b Amid Positive Crypto Market Sentiments

Tether’s (USDT) market capitalization reaches a record $84 billion as the crypto rallies. The market capitalization of the leading stablecoin Tether (USDT) exceeded $84 billion this week, a record milestone. …

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USDC dominantes EUR stablecoin market, surpassing USDT

by Isaac Wright
USDC dominantes EUR stablecoin market, surpassing USDT

As the interest rate environment has changes, the market of EUR stablecoin issuers has changed significantly. Circle Internet Financial has become the largest EUR-backed stablecoin (EURC) issuer on the market, …

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Tether to start publishing data on USDT reserves in real-time

by Isaac Wright
Tether to start publishing data on USDT reserves in real-time

According to Tether’s new boss, the firm plans to bring the long-awaited update in the coming year. Stablecoin issuer Tether is set to start publishing real-time data on its reserves, …

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