Stablecoin Issuer Tether Invests in Bitcoin Mining Project in El Salvador

Stablecoin issuer Tether has joined a green energy project in El Salvador that aims to invest $1 billion in building a 241 MW generation park called "Volcano Energy" in Metapán.

• 2023-06-06
• El Salvador Bitcoin Mining Tether Volcano Energy

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

• 2023-06-05
• Atomic Wallet tether centralized storage

Tether stablecoin issuer taps Uruguay for Bitcoin mining using renewable energy

Tether, the issuer of the world’s most traded stablecoin, will invest in power generation and Bitcoin mining in Uruguay to tap the country’s renewable energy resources, the company said on Tuesday.

• 2023-05-31
• renewable energy resources Bitcoin mining Tether Uruguay

Tether to Start Mining Bitcoin in Uruguay

Tether, the issuer of the largest stablecoin in the market, USDT, has announced its entry into the energy sector with a focus on renewable energy production for Bitcoin mining.

• 2023-05-31
• Bitcoin mining Tether renewable energy production Uruguay Bitcoin

This Week in Coins: Bitcoin and Ethereum See Fourth Flat Week as TRON and Tether Surge

Republican presidential hopeful Ron DeSantis touched on cryptocurrencies in his Twitter Space with Elon Musk.

• 2023-05-28
• TRON Ethereum Tether

One of Crypto’s Biggest Players Is Hoarding Bitcoin. What It Means for Prices.

The stablecoin issuer Tether said this week that it would regularly allocate up to 15% of its net realized operating profit towards purchasing Bitcoin.

• 2023-05-18
• Bitcoin prices Commodity Futures Trading Commission Bitcoin digital asset Tether

First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto

PLUS: We really need to see the Hinman emails.

• 2023-05-18
• debt ceiling William Hinman the SEC government debt Tether Luca Netz

Tether to Put 15% of Realized Profits Into Bitcoin

In a new investment strategy, Tether, the stablecoin issuer, announced on Wednesday that it will begin regularly purchasing bitcoin (BTC) using a portion of its profits.

• 2023-05-18
• investment strategy investment profits Tether

Tether Reports $1.48 Billion Profit in Q1, Discloses Bitcoin and Gold Reserves

Tether, the issuer of the USDT stablecoin, reported a profit of $1.48 billion in the first quarter of 2023, according to its latest assurance report.

• 2023-05-11
• Gold Reserves Tether

Bitcoin-Tether Pair Is Most Liquid on Binance Even as TUSD Pair Sees Higher Volume

Trading volumes in the BTC/TUSD pair have surged over the past four weeks after the crypto exchange introduced zero trading fees for it.

• 2023-04-25
• TUSD Market depth tether