Tether clocks $13B in 2024 profits, US bond holdings hit all-time highs
The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin.
Related Posts


Institutions help drive rally as Bitcoin ETP volumes surge 50%
Bitcoin and crypto ETPs have surged in market cap and volumes as institutions buy up BTC. 348 Total views 3 Total shares Recent research has revealed that institutional grade exchange traded products surged in volume this month.A report by CryptoCompare delves into some metrics behind Bitcoin’s epic bull run to a new 2020 high of…

Coinbase CEO Brian Armstrong backs Republican Senate candidates
Armstrong has endorsed pro-crypto Senate candidates, backing Republicans like John Deaton and David McCormick for their stance on digital asset policies.

Early Bitcoin Miner Calls Craig Wright a Fraud Through ‘His Own’ Addresses
A message signed by 145 wallets containing Bitcoin (BTC) mined in its first years calls Craig Wright a “liar and a fraud.” The message was published on May 25 with a list of 145 addresses and their corresponding signatures. This seemingly proves that the addresses do indeed belong to the person broadcasting the message. The message…

Bitcoin logo shines over Austin, Texas, as Gemini sets new world record
Gemini organized a record-breaking drone show featuring a massive Bitcoin logo to celebrate the US Strategic Bitcoin Reserve. 515 Total views 1 Total shares Cryptocurrency exchange Gemini set a new Guinness world record by deploying 1,000 drones to form the Bitcoin logo in the sky, marking the largest-ever aerial display of a currency symbol. The

Huobi Expands to Turkey Where 20% of the Population Hold Crypto
Huobi exchange will expand its operations to Turkey, planning to have a crypto-to-fiat onramp for Turkish users by the end of 2019, according to a press release on June 26.The Singapore-based crypto exchange will be “moving aggressively” to the Turkish market over the next 12 months, since the country has a “very important and promising…

Bahamian Blockchain Company Raises Crypto for Hurricane Dorian Victims
PO8, a blockchain company headquartered in the Bahamas, is asking the crypto and blockchain communities to help them bring relief to the victims of Hurricane Dorian. The firm made its appeal in a blog post on Sept. 2.Devastation in the BahamasHurricane Dorian brought devastation to Bahamian islands on Monday and Tuesday. Satellite images show the region…

Elon Musk’s ‘top priority’ for Twitter includes cutting down on crypto scam tweets
"If I had a Dogecoin for every crypto scam I saw..." said the Tesla CEO to a TED Talk crowd in Vancouver. 148 Total views 19 Total shares With a net worth of reportedly more than $300 billion, Elon Musk said he could “technically afford” to purchase Twitter outright, but also had plans to change…

Texas Financial Watchdog May Recognize Stablecoins as Money for Licensing Purposes
The Texas Department of Banking could consider stablecoins as money, making them and exchanges that deal with them subject to a number of Texas laws and license requirements, according to a Supervisory Memorandum published on Jan. 2.Supervisory Memorandum - 1037, which published by the financial watchdog examines the regulatory treatment of digital currencies under the…