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US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns

Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments…

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Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money

Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell…

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Tether Q1 2024 Attestation Reveals Record $4.52 Billion Profits

Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed…

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Tether Invests $200 Million in Blackrock Neurotech, Launches Evo Division

Tether, the giant behind the world’s largest stablecoin USDT, announced a $200 million strategic investment in Blackrock Neurotech, a brain-interface company. The investment also marks the launch of Evo, a…

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Tether invests $200 million in Blackrock Neurotech, a top rival of Elon Musk’s Neuralink

Tether becomes the majority stakeholder in Blackrock Neurotech with a $200M investment, advancing BCI technology for neurological conditions. The post Tether invests $200 million in Blackrock Neurotech, a top rival…

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Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions

PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S.…

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Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1…

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