Tether posts $2.5B in Q3 profits, with 2024 earnings reaching $7.7B
Tether’s consolidated profit in 2024 has reached $7.7 billion, with $14.2 billion in equity and total assets of $134.4 billion. Go to Source
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Hong Kong court rules for investors in JPEX cryptocurrency fraud case
This was the first case against JPEX, which operated in Hong Kong without a license. Go to Source
Circle raises USDC cash-out fees, affecting large-scale redemptions
The fee structure revision primarily affects institutional investors and high-volume traders. Go to Source
EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability. Go to Source
Tether and Coinbase Unveil Tools for Private AI and Autonomous Blockchain Agents
Tether and Coinbase are diving deep into artificial intelligence (AI), each unveiling new tech designed to bring enhanced privacy and onchain autonomy to the blockchain world. Blockchain and AI Tools In separate announcements this week, Tether and Coinbase revealed AI-driven products poised to reshape how developers and users engage with blockchain technology. Tether’s CEO Paolo … Read more
Disappearing Satoshi statue in Lugano took 21 months to create, says artist
Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since. Go to Source
Tether CEO breaks down reserves backing USDT stablecoin
The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether. Go to Source
Tether CEO Breaks Down $9.45B in BTC and Gold Reserves, but It’s Only Part of the Picture
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about … Read more
Bitcoin bulls ‘in control’ as long as price holds above $66.5K: Analysts
Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500. Go to Source
Ethereum nodes on phones, Tether market cap tops $120B: Finance Redefined
Tether’s record market capitalization signals the potential start of the next bull run amid growing investor anticipation of a major Ethereum upgrade. Go to Source
