Tether sues Swan Bitcoin over Bitcoin mining venture dispute
Stablecoin issuer Tether has filed a lawsuit against Swan Bitcoin in the High Court of England and Wales. The lawsuit alleges breaches of contract related to their joint Bitcoin (BTC) mining venture, 2040 Energy. Tether, alongside its co-claimant 2040 Energy Limited, claims Swan’s actions have violated their agreements, prompting legal action to protect their investment. […]
Tether files lawsuit against Swan Bitcoin over joint venture dispute
Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture. Source link
Tether to establish HQ in El Salvador
The entire Tether Group will relocate its operations to Bitcoin-friendly El Salvador after securing regulatory licenses. Tether and its subsidiaries plan to establish a global headquarters in El Salvador, the first country to adopt Bitcoin (BTC) as legal tender. “This decision is a natural progression,” Tether CEO Paolo Ardoino said in a press statement as […]
Tether, top crypto exchange to swap $1b USDT to Tron network
Tether and a top third-party cryptocurrency exchange have announced a chain swap that will move $1 billion USDT from other blockchains to the Tron network. On Jan. 6, stablecoin issuer Tether posted on X that it plans to coordinate with a major exchange to facilitate the chain swap. According to the announcement, the coordination will […]
Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Source link
Tether, TRON, and TRM Labs freeze $100m worth of criminal crypto
The T3 Financial Crime Unit, a joint effort by Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets. Launched in August 2024, the T3 Financial Crime Unit, also known as the T3 FCU, has rapidly become a model for public-private partnerships in blockchain security. According to a Tether (USDT) release, the […]
Tether shifts $780M in Bitcoin to reserve — its biggest move in 9 months
Stablecoin issuer Tether has moved over 8,400 Bitcoin to its reserve in its biggest move since March. Source link
Tether adds $700m Bitcoin to reserve address
Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million. Tether added 7,629 Bitcoin (BTC) alued at approximately $700 million to its corporate crypto reserve address on Dec. 30, according to transaction data from on-chain insight provider Arkham. The (USDT) stablecoin operator now holds 82,983 BTC, worth $7.7 billion […]
Tether invests $2m into Arcanum Capital Fund II Venture Capital
Tether has made its first dive into the world of venture capital by injecting $2 million into Arcanum Capital’s fund, which focuses on developing blockchain-based Web3 projects. According to a recent press release, major stablecoin issuer Tether (USDT) has invested $2 million into the venture capital space through Arcanum Capital’s Arcanum Emerging Technologies Fund II. […]
USDT operator Tether hints at AI plan in 2025
Tether, the company behind the $140 billion stablecoin USDT, is planning to expand into artificial intelligence by early 2025. Tether CEO Paolo Ardoino posted on X that the (USDT) issuer is targeting the first quarter of next year to launch its AI platform, marking a move to diversify its business focus beyond U.S. dollar-pegged stablecoins. […]
