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El Salvador’s Bitcoin Mining Industry Sees Tether Join its $1 Billion Venture
6.6.2023
After the massive losses that followed the collapse of the crypto exchange FTX, users lost confidence in lending, custody, and cryptocurrency service providers.
The fear of losing assets, as with FTX, plagues people's minds after the commotion.
Some experts believe it will take a while...
Tether initiates the first phase of billion-dollar funding
6.6.2023
Tether, which is responsible for the fintech platform, tether has initiated the first phase of billion-dollar funding that will go towards a renewable energy project in El Salvador. This is in relation to the backing, as well as furthering sustainable Bitcoin mining. The company will be making...
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
5.6.2023
Following the company’s announcement that it will build a sustainable Bitcoin mining operation in Uruguay, the stablecoin issuer Tether has disclosed its investment in a Salvadoran bitcoin mining operation called “Volcano Energy.” Tether Backs Volcano Energy Tether...
Tether invests in El Salvador's $1B renewable energy project
5.6.2023
El Salvador’s plans to build a billion dollar renewable energy precinct has found a first round investor in stablecoin issuer Tether
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
5.6.2023
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH)
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
5.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a shift away from the U.S. dollar, and Argentina...
Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
5.6.2023
Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
2.6.2023
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
Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
2.6.2023
USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago
Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion
1.6.2023
On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by 27.15% from the low of $65.43 billion reached...
Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps
1.6.2023
At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance
Tether Stablecoin Recoups Lost Market Value in 2022 Crash, Topping $83.2 Billion
1.6.2023
Tether, the largest stablecoin in the market, has seen its market capitalization hit a new record high, exceeding $83.2 billion.
The stablecoin, which is pegged at one-to-one with the U.S. dollar and is backed by reserves of cash and cash-equivalent assets, has recovered the $20 billion in market...
Tether expands reach in Georgia through investment in CityPay.io
31.5.2023
The partnership seeks to enhance the payment industry in Georgia by introducing heightened efficiency
TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch
31.5.2023
Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data
USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment
31.5.2023
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay
Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank of India Deputy Governor Recommends All Banks Adopt Blockchain & AI
31.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Xapo Integrates USDT Payment Rails, Police Reportedly Detains Trust Reserve Core Team, Reserve Bank...
Tether Expands: Stablecoin Issuer Announces Sustainable Bitcoin Mining Project in Uruguay
30.5.2023
After announcing its plan to invest 15% of profits into bitcoin, the company Tether Limited has taken another step toward its crypto goals. Tether, the stablecoin issuer, has revealed its latest venture: “sustainable bitcoin mining operations in Uruguay.” Tether has partnered with...
Tether moves into Bitcoin mining in Uruguay
30.5.2023
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
Tether Plans Bitcoin Mining in Uruguay
30.5.2023
Tether is launching bitcoin mining in Uruguay.
Tether, the company behind the largest stablecoin by market cap, said the move “showcases” its commitment to energy innovation and the future of crypto, in an announcement on Tuesday. ...
Read More: Tether Plans Bitcoin Mining in Uruguay
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
30.5.2023
Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure