El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
Volcano Energy said the funds would go toward developing a 241-megawatt power generation park. Go to Source Powered by WPeMatico
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Tether invests in El Salvador’s $1B renewable energy project
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether. Go to Source Powered by WPeMatico
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin mining in Latin America, Tabi’s funding round and Nvidia’s artificial intelligence machines. Go to Source Powered by WPeMatico
Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance. Go to Source Powered by WPeMatico
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
Over 60% of USDT’s supply is currently issued on the Tron blockchain, according to Tether data. Go to Source Powered by WPeMatico
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. Go to Source Powered by WPeMatico
USDT market share jumps amid economic uncertainty, USDC shrinks
Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture. Go to Source Powered by WPeMatico
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
This week’s Crypto Biz explores Tether’s first quarter audit, Ripple’s partial victory against the SEC, Worldcoin fundraising and Ledger’s controversial recovery service. Go to Source Powered by WPeMatico
Strike moves global headquarters to El Salvador, expands to 65 countries
According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.” Go to Source Powered by WPeMatico
Tether, KriptonMarket to support USDT transactions at Argentina’s Central Market
The Central Market supplies over 12 million people per month in Argentina. The move will allow companies to accept and pay bills with USDT. Go to Source Powered by WPeMatico