Tether Archives - Page 4 of 6

Tether invests in Orionx to boost stablecoin use in Latin America

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Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and […]

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Tether Group & Bitfinex Transferred 25,812 BTC to Jack Mallers’ Twenty One Capital

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Bitcoin Magazine Tether Group & Bitfinex Transferred 25,812 BTC to Jack Mallers’ Twenty One Capital Today, Tether Group and Bitfinex have transferred a combined 25,812.22 BTC to support their investment in Twenty One Capital, a newly formed Bitcoin-native company set to go public through a business combination with Cantor Equity Partners (Nasdaq: CEP). Tether moved

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Tether shut out of Juventus capital raise despite increased investment

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Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge. According

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CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World”

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Bitcoin Magazine CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of Tether. Paolo Ardoino began his speech by saying, “last year we made $13 billion in

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Tether invests billion profit into US companies while holding 0 billion in US debt

Tether invests $5 billion profit into US companies while holding $120 billion in US debt

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Tether, the issuer of the world’s largest stablecoin USDT, has disclosed that it has reinvested around $5 billion of its profits into US-based companies and infrastructure over the past two years. In a May 26 post on X, Tether CEO Paolo Ardoino disclosed that the company has made significant investments across American businesses and emerging

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Crypto Investor Loses .5M by Copying Same Scam Address Twice

Crypto Investor Loses $2.5M by Copying Same Scam Address Twice

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time

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Trader loses .5M USDT after falling for address poisoning scam twice

Trader loses $2.5M USDT after falling for address poisoning scam twice

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A crypto trader lost over $2.5 million worth of Tether (USDT) after falling for the same scam twice within hours. On May 26, blockchain security firm Scam Sniffer reported that the first error occurred when the trader copied a manipulated wallet address from their transaction history. This resulted in a transfer of $843,000 to the

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Stablecoins Could Obliterate Trillion In Global Costs—Anthony Scaramucci

Stablecoins Could Obliterate $7 Trillion In Global Costs—Anthony Scaramucci

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoins could help the US keep its financial edge and lower global transaction fees, according to SkyBridge Capital founder Anthony Scaramucci. During an interview with CNBC this week, he said these dollar-pegged digital tokens aren’t just a crypto tool—they might be a

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JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance

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Some of the largest banks in the United States, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are reportedly working on a joint stablecoin initiative, the Wall Street Journal reported May 23. Sam Kazemian, founder of Frax Finance, confirmed the development, signaling that the conversations between major banks might have advanced beyond speculation.

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Tether’s 0 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally

Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Tether has just stepped into new territory. It’s now the 19th‑largest owner of US government debt. That means more private money is parked in Treasuries than many big nations. Tether Surpasses Germany In Treasury Holdings According to the Q1 2025 attestation report, Tether

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