Tether News

Tether Ventures into Renewable Energy to Power Sustainable Cryptocurrency Mining

Tether is starting cryptocurrency mining using renewable energy sources and is trying to diversify its revenue mix in order to support its own stablecoin,...

Tether Embraces Bitcoin: Follows MicroStrategy’s Lead in Ditching US Debt

Tether, the company behind the largest stablecoin, Tether (USDT), is following MicroStrategy's footsteps in terms of managing its reserves, as it plans to boost...

Tether Bolsters Reserves: Announces Major Bitcoin Investment to Support USDT Stablecoin

Hundreds of millions in Bitcoin are to be purchased by stablecoin market leader Tether, it was announced on Wednesday, with the aim of supporting...

Tether Blacklists Address Responsible for Large MEV Exploit

Tether, the company behind the stablecoin USDT, has blacklisted an address responsible for draining Maximal Extractable Value (MEV) bots for a sum of $20...

Tether Set to Record $700 Million Profit, Exceeding $1 Billion in Excess Reserves

Cryptocurrency firm Tether estimates that it will record a profit of $700 million in the March quarter, bringing its total excess inventory to over...

Tether to eliminate borrowing from its stablecoin backing fund

Tether Limited, issuer of Tether USD (USDT), plans to eliminate collateralized loans from its reserves. Although it will be progressive, as stated by the...

Coinbase sides with Circle’s stablecoin in its competition against Tether

U.S. cryptocurrency exchange Coinbase encouraged its users to switch "to the trusted and reputable digital dollar, USDC," referring to USD Coin (USDC), the stablecoin...

Investors liquidate $700 million of Tether

At least $700 million has been pulled out of Tether's stablecoin by investors in an indication of how much the market is being swept...

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Mobile Game Bitcoin Miner Pays Real Crypto, But Daily Rewards Limited to Market Conditions

Mobile application Bitcoin Miner distributes actual Bitcoin rewards to players through daily activities and challenges. Players can earn up to...

Nvidia Halves Price of AI Brain for Robots With New $249 Jetson Chip

NVIDIA introduces $249 Jetson Orin Nano Super with 67 TOPS AI processing power. New device operates at 25 watts while...

Trump Plans U.S. Bitcoin Strategic Reserve, Sending Crypto Past $100,000

Trump announces plans to establish a U.S. Bitcoin strategic reserve, pushing Bitcoin Price above $100,000. MicroStrategy's Michael Saylor presents framework...

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