Tether marks $13b profit in 2024, T-Bill holdings at ATH
Tether reported a net profit of $13 billion in 2024, driven by its businesses, including the issuance of USDT, the largest stablecoin in the crypto market. Tether, the issuer of crypto’s biggest stablecoin (USDT), generated $13 billion in profits last year amid soaring digital asset adoption and a new all-time high in U.S. Treasury Bills […]
TRUMP Coin surges to $13b; Why SHIB, YETIO could be the next big movers
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins like Shiba Inu, TRUMP Coin, and Yeti Ouro are gaining traction, driving renewed interest and competition in the cryptocurrency market. Meme coins are attracting attention from investors amidst a renewed wave in […]
AIXBT misreports FTX’s $13b creditor distribution
AI-powered market analyst AIXBT misreported FTX’s repayment size and schedule, but the agent quickly acknowledged its mistake. The automated blockchain analyst posted that FTX would distribute $16 billion to creditors via crypto exchanges Bitgo and Kraken within 60 days of Jan. 3. However, the artificially intelligent agent misinterpreted the timeline and repayment figures. Sunil Kavuri, […]
