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Tether reports record $4.52 billion profit in Q1 despite shrinking market share

Stablecoin issuer Tether (USDT) achieved a historic net profit of $4. 52 billion in the first quarter despite facing a significant drop in market share. Record net profit According to the attestation report shared with CryptoSlate, the firm’s substantial profits chiefly originated from its US Treasury holdings, supplemented by gains from its Bitcoin and gold investments. дальше »

2024-5-2 20:29


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Tether invests $200 million in biotech firm Blackrock Neurotech

Tether has announced a $200 million investment in Blackrock Neurotech, a leading Brain-Computer-Interface (BCI) technology company. The strategic investment, completed via Tether’s newly-launched venture unit Tether Evo, means the stablecoin issuer is now the majority stakeholder in Blackrock Neurotech, according to details in a press release. дальше »

2024-4-30 17:24


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Circle facilitates USDC transfers for BlackRock’s new tokenized fund – details

USD Coin (USDC) issuer Circle revealed a new smart contract feature with BlackRock, marking a significant stride in integrating the maturing crypto market with traditional finance. According to the announcement, the new technology will allow Black USD Institutional Digital Liquidity Fund (BUILD) holders to send their shares to Circle in exchange for USD Coins. Moreover, […] дальше »

2024-4-12 19:38


Tether Introduces Game-Changing Innovation; Uniswap’s Memecoin Listing Attracts Bitcoin Whales

Tether, the major issuer of the stablecoin USDT, has announced the launch of a game-changing innovation to revolutionize how users transfer USDT across different blockchain networks. This new migration tool comes at a time when the market value of USDT has soared to unprecedented heights, reflecting its pivotal role in the crypto ecosystem. дальше »

2024-3-10 19:00