Stablecoin giant Tether has once again made headlines with a bold move to support Bitcoin adoption. On May 9, Tether purchased 4,812.2 Bitcoin worth approximately $458.7 million for Bitcoin investment firm Twenty One Capital, a strategic move ahead of the company’s planned SPAC merger with Cantor Equity Partners. The Bitcoins
A blockchain-enabled platform, Tether, has publicized the positioning of its native USDT stablecoin on Kaia blockchain, a layer 1 network launched in August last year on May 7. As per the announcement, USDT will be amalgamated into the Japanese messaging app LINE’s Mini Dapp platform and self-custodial wallet. Tether posted
Tether, the world’s largest stablecoin issuer, is preparing to launch a new U.S.-based dollar-pegged stablecoin by the end of 2025 or early next year. CEO Paolo Ardoino broke the news during an interview at the Token2049 conference in Dubai, where he emphasised a change in company strategy toward closer regulatory
Cantor Fitzgerald is stepping forward to create a Bitcoin investment vehicle. The son of the US Commerce Secretary, Howard Lutick, leads the firm and plans to initiate a $3 billion Bitcoin venture. This initiative gathered support from other industry giants such as SoftBank, Tether, and Bitfinex. The Financial Times reported
According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025. This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion. Tether will continue to inject Bitcoin purchases with 15% of profits from other activities, a
Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far. The issue came to
Thai police collaborated with Chinese authorities to freeze $2.5 million in Tether (USDT) linked to a high-profile scam operation. The suspects, two Chinese nationals, Ye Wanyou, 29, and Li Weijie, 30, were arrested on February 5 at a Bangkok residence. These two are reportedly said to have attempted to erase
The crypto market is struggling to pick up as Bitcoin fell below the $97K level and Ether trading in the $2,600 zone. Major altcoins such as XRP, Solana, BNB, Dogecoin, Cardano, and Tron are following BTC and ETH in terms of market price momentum. Total crypto market capitalization dropped by
Kraken to Delist USDT and Stablecoins in Europe Kraken will remove Tether’s USDT and four other stablecoins from its European market to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations. The delisting will happen in stages, with complete removal set for March 31, 2025. Along with USDT, the affected
The world’s biggest stablecoin issuer, Tether, has announced that the USDT asset is now connected to Bitcoin both at its fundamental level and through the Lightning Network. The Taproot Assets protocol engages in this by leveraging Bitcoin’s Taproot improvement to be able to improve security and increase functionality. Moreover, the
