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Belo, an Argentine cryptocurrency wallet and crypto services provider, has raised $14 million in a round led by Tether, the world’s largest stablecoin issuer. Belo’s CEO, Manuel Beaudroit, stated that this round will help fund the platform’s expansion into other key Latam markets. Key Takeaways: Tether led a $14M Series A funding round for Argentine … Read more
Tether Investments announced a strategic plan on Wednesday to transform Twenty-One Capital into an integrated bitcoin powerhouse through a series of proposed mergers with Strike and Elektron Energy. Key Takeaways: Tether Investments proposed a merger between XXI and Jack Mallers’ Strike on April 29, 2026. The deal integrates Elektron Energy’s 50 EH/s mining fleet to … Read more
Canaan Inc. landed a follow-on order from Tether for custom high-density mining hash board modules set for deployment at a Tether-affiliated facility in South America. Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity … Read more
Tether is making a big splash in the Bitcoin mining space with the introduction of its open-source Mining Development Kit (MDK), which is an advanced framework designed to unify and modernize mining infrastructure. The launch is a conscious step towards transparency and standardization in an industry long beset by fragmented, proprietary solutions. MDK has been … Read more
The stablecoin market has kept a muted tone in the wake of the recent KelpDAO breach, with $892 million flowing out of the sector. Even after the drawdown, the market holds at $320.65 billion, with Tether’s USDT comprising 59.19% of the total. Key Takeaways: KelpDAO breach triggered $892M outflows, pushing DeFi TVL down in April … Read more
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Key Takeaways: Bitcoin neared $80K as Ki Young Ju flagged a 30% rebound, … Read more
Europe’s MiCA rules helped euro stablecoins surge even as broader crypto adoption cooled, while a Balancer exploit wallet reawakened to move funds through Thorchain. In Washington, more than 100 crypto groups pushed the Senate to act on the CLARITY Act. Grayscale said bitcoin may be forming a durable bottom as recent buyers return to breakeven, … Read more
Tether froze more than $344 million in USDT across two blockchain addresses on April 23, 2026, acting on information shared by U.S. authorities tied to unlawful conduct. Key Takeaways: Tether froze $344 million in USDT on April 23, 2026, in coordination with OFAC and U.S. law enforcement. Tether has supported over 2,300 global cases, freezing … Read more
Tether minted 2 billion USDT on the Ethereum network over three days, executing the issuance across multiple onchain batches from its treasury address. The minting adds to a supply base now near $190 billion. Key Takeaways: Tether minted 2 billion USDT on Ethereum in three days, with total USDT supply now near $190 billion. Large … Read more
Tether, the issuer of the world’s largest stablecoin USDT, led an $8 million strategic institutional funding round for KAIO, an Abu Dhabi-regulated tokenization firm building onchain infrastructure for real-world assets. Key Takeaways: Tether led an $8M round for KAIO on April 20, 2026, bringing the Abu Dhabi tokenization firm’s total raised to $19M. KAIO has … Read more