Venezuela’s Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.
Tether
Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit
European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.
Buy signal as institutional whales inject $278M in crypto
The cryptocurrency market is heating up again with renewed spirit and significant capital inflow from whales and institutional investors. In … Continue reading
The post Buy signal as institutional whales inject $278M in crypto appeared first on Finbold.
Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether
Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws.
Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head
Gradwell will be responsible for quantifying the Tether economy to regulators.
Tether to Stop Minting Stablecoin USDT on Algorand and EOS
The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.
Tether Buys $100M Worth of Bitdeer Shares With Option to Purchase $50M More
Bitdeer intends to use the proceeds to fund its data center expansion and ASIC-based mining rig development, the Singapore-based company said.
Kraken to keep USDT in the E.U. despite regulatory challenges
Despite regulatory challenges, Kraken, one of the world’s largest cryptocurrency exchanges, has no plan to delist Tether’s USD stablecoin (USDT). … Continue reading
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Will the USDC outperform USDT in 2024?
The stablecoin Circle USD (USDC) has been growing in market share and approaching the undisputed leader, Tether USD (USDT). Ongoing … Continue reading
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What Visa’s ‘Organic’ Stablecoin Report Misses
Visa headquarters in Foster City, California. (Wonderlane/Creative Commons)