Tether

Programmable yield, seamless swaps and decentralized control are the hallmarks of a new stablecoin model

“BIO can be thought of as a Y Combinator for onchain Science,” Binance said in a statement

The WSJ published an article last week about Tether’s alleged AML violations and USDT being used to fund illegal activities

In case you missed it, Tether added a government affairs head, while a blockchain-powered real estate platform hired an ex-SEC commissioner

Make no mistake: Tether makes a ton of money. But exactly how much depends a lot on the price of bitcoin.

Tether also claims its USDT is fully backed and overcollaterized by at least $5.3 billion, as of June 30 2024

Coinbase taps three new board directors, and other July people moves you might have missed

The Bitdeer share issuance generated $100 million in gross proceeds and could provide $50 million more

The profits were driven by interest earned on US Treasury holdings, as well as market gains on bitcoin and gold

The AI job postings come after a $600 million AI infrastructure investment Tether made in the fall

Tether, the world’s largest stablecoin, continues to befuddle FUDers by minting its way into an exclusive club worth over $100 billion

Roughly two-thirds of the net profit was due to appreciation of the stablecoin issuer’s gold and bitcoin reserves

Only a handful of cryptocurrencies have ever been worth more than $100 billion — tether could be next

The UN said USDT is among the most used tools for illicit financing, but the stablecoin issuer says the report ignores its benefits

The Ledger attacker was able to upload the malicious code to ConnectKit after phishing a former Ledger employee

Tether has changed its mind about complying with US sanctions laws, and it says its doing so “voluntarily”

Four of the eight stablecoins initially assessed were knocked back by “negative adjustments,” S&P told Blockworks

Binance and its former CEO have pleaded guilty to federal charges of over $4.3 billion

The frozen funds were linked to a “human trafficking syndicate in Southeast Asia”

Lummis and Hill want the DOJ to investigate — and potentially take action — to “choke off sources of [terror] funding”
Get the daily newsletter that helps thousands of investors understand the markets.