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Nalezeno "Tether (": 2906

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...

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...

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....

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...

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...

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...

Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia


Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to Establish Prices in Bolivia...

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