Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot market prices, into a new revenue stream: bitcoin. Tether and Adecoagro Partner to Establish Green Energy Bitcoin Mining Operation in Brazil Tether, one … Read more

Tether Signs MoU to Advance Financial Inclusion in East Africa

Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and financial innovation across developing regions. Tether … Read more

Tether Eyes Juventus Board Seat Amid Communication Breakdown

Tether CEO Paolo Ardoino has expressed frustration over the limited communication between Tether, Juventus, and Exor, the club’s majority owner. Tether Wants Voice on Key Decisions Stablecoin issuer Tether, which recently upped its stake in Italian football giant Juventus and is now its second-largest shareholder, claims that communication between the club, Exor and the stablecoin … Read more

Coinbase Reveals Role in US Secret Service Seizure of $225 Million in Stolen Crypto

Coinbase has revealed its involvement in a law enforcement operation where the U.S. Secret Service (USSS) seized $225 million in USDT linked to “pig butchering” scams. These scams, which often begin with fraudulent romantic or business relationships, have resulted in substantial financial losses for victims. In late 2023, Tether froze 39 wallet addresses associated with … Read more

Tether Aids $225M Seizure in US Secret Service’s Largest Crypto Bust Ever

The U.S. Secret Service shattered records with a $225 million crypto seizure, spotlighting Tether’s role in dismantling global digital asset fraud at scale. US Secret Service Achieves Largest $225M Crypto Bust With Tether’s Support Digital asset firm Tether announced on June 18 that the United States Department of Justice (DOJ) has recognized its cooperation in … Read more

Corporate Stablecoins: A New Frontier or a Step Toward Centralization?

Stablecoins were built as a bridge between fiat currency and the crypto economy. And for a while, that bridge held. The Stablecoin Power Shift Tether’s USDT became the dominant trading pair across most exchanges, despite years of scrutiny over whether its reserves are truly backed 1:1 by U.S. dollars or equivalent assets like short-term Treasuries. … Read more

Russian National Hit With 22 Charges for Laundering $530M in Crypto

A Russian national faces 22 charges for laundering $530 million through cryptocurrency, using his companies to bypass U.S. sanctions and defraud financial institutions. 22 Charges Filed Against Russian National in $530M Crypto Scheme The U.S. Department of Justice (DOJ) announced on June 9 that Iurii Gugnin, a Russian national living in New York, faces 22 … Read more

Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System

Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a level playing field by reducing the reliance on third-party hosted software, thereby … Read more

Stablecoins Shatter $250B Barrier in Historic Crypto Milestone

The stablecoin sector has officially vaulted beyond the $250 billion milestone, according to data from defillama.com. Over the past week alone, an additional $2.51 billion has poured into the swelling ecosystem of fiat-pegged digital tokens. Stablecoins Cross $250B for the First Time Ever—What’s Next? For the first time ever, the stablecoin market has cracked the … Read more