BitGo Introduces USDS Stablecoin, Aiming to Shift Market Dynamics
2 Mins read
Palo Alto-based crypto custody firm BitGo has launched a new stablecoin, USDS, that is set to go live in January 2025. The…
Tether Ventures into Agriculture with $100M Investment in South America’s Adecoagro
2 Mins read
USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural…
CEO Paolo Ardoino Responds to Celsius's Lawsuit Against Tether, Calls it 'Baseless Shakedown'
2 Mins read
Two years after filing for bankruptcy, Celsius is trying to recover some funds by suing Tether for an alleged wrong liquidation of…
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid-2025
2 Mins read
Stablecoin issuer Tether intends to double its workforce within the next year to strengthen areas such as compliance. By mid-2025, the company…
Tether Rakes in $5.2B in Profit for H1 2024
2 Mins read
The world’s largest stablecoin issuer, Tether, has released its attestation report for the first half of the year, revealing a record $5.2…
Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit
2 Mins read
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering…
Businessman Scammed Out of $400K in Crypto, 3 Arrested in Hong Kong
2 Mins read
Three individuals have been arrested by the Hong Kong police suspected of defrauding a businessman out of HK$3.11 million, worth around $399,000,…
Arthur Hayes' Maelstrom Launches Bitcoin Grant Program to Boost Technical Development
1 Mins read
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the…
Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
1 Mins read
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong…
Hong Kong Boy Kidnapped, Ransom Demanded in USDT: Report
1 Mins read
In Tseung Kwan O, Hong Kong, a 3-year-old boy was abducted from a shopping mall on July 3. Following the incident, the…