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...

Latest news

Solana Breaks 3-Year Record, Surges Past $260 as Trump’s Win Boosts Market

Solana (SOL) set a new all-time high above $260, surpassing its previous 2021 record The cryptocurrency has risen 386% over...

Seoul National University Joins Theta EdgeCloud as Latest AI Research Partner

Seoul National University joins Theta's EdgeCloud platform as an AI customer, expanding the platform's presence in academic institutions The AIoT...

Charles Schwab to Enter Spot Crypto Market Once Regulations Clear Up

Charles Schwab announces plans to enter spot cryptocurrency trading pending regulatory clarity Incoming CEO Rick Wurster anticipates favorable crypto regulation...

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