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Tether to reveal new product line as part of $1 billion investment strategy
Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17. He wrote on social media platform X: “After a year […]
Bitdeer gains $150 million from Tether for ASIC-based mining rig development
Stablecoin issuer Tether has entered into an agreement to acquire up to $150 million worth of shares from prominent Bitcoin mining firm Bitdeer via a private placement deal, according to […]
Tether mints $1 billion USDT on Ethereum amid ETF anticipation
Stablecoin issuer Tether minted $1 billion USDT tokens on the Ethereum blockchain, capitalizing on a market upswing driven by hopes that the US Securities and Exchange Commission (SEC) might approve […]
Tether partners with Swan to expand Bitcoin mining operations
Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service. According to the press statement, the firm has dedicated an undisclosed amount of substantial […]
Stablecoin distribution reveals liquidity patterns in DeFi
Stablecoins are the foundation of the DeFi ecosystem. Given the relatively high barriers to entry for fiat currencies and the operational complexities associated with bridging Bitcoin into DeFi protocols, they […]
US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written testimony on April 9 […]
Will This “Dry Powder” and Historical Trends Fuel A Price Boom?
While Bitcoin has dipped from its recent highs of around $74,000, some analysts are urging investors to stay calm and even see this as a buying opportunity. So far, Bitcoin […]
VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise
Bitcoin exchange-traded fund (ETF) issuer VanEck is set to oversee the reserve fund for a new stablecoin venture called Agora Dollar (AUSD). The stablecoin firm raised $12 million in a funding […]
Tether becomes seventh largest Bitcoin holder with recent $618 million purchase
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Tether collaborates with FBI to recover $1.4 million in scam targeting seniors
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are […]