The leading stablecoin issuer has released its attestation report for the first quarter of 2026, revealing a net profit of more than $1 billion. The company was able to generate such profit despite broader volatility and unstable market conditions. This development comes as stablecoins evolve into major dollar infrastructure globally, especially in markets with limited […]
Greek maritime risk management firm MARISKS has warned shipping companies about fraudulent messages targeting vessels stranded west of the Strait of Hormuz. In fact, scammers are demanding cryptocurrency payments for “safe passage.” Strait of Hormuz Crisis Unknown actors posing as Iranian authorities have contacted shipowners, requesting transit fees in Bitcoin (BTC) or Tether (USDT) in […]
US federal agents have seized more than $61 million worth of USDT. Investigators traced the seized funds to cryptocurrency addresses allegedly linked to the laundering of criminal proceeds obtained through “pig butchering” schemes. According to the official press release, the funds were connected to scams in which victims were recruited and manipulated into transferring money […]
Stablecoin issuer Tether added 8,888.8888888 BTC to its reserves in Q4 2025. The latest stash brings its total holdings to over 96,000 coins, which is worth roughly $8.46 billion. The purchase of around $779 million was confirmed by CEO Paolo Ardoino on X and continues the company’s ongoing “8888” accumulation pattern. Tether’s Diversification Strategy Tether […]
A new on-chain study published by the AMLBot team shows that Tether has frozen more than $3.29 billion in USDT across the Ethereum and Tron blockchains between 2023 and 2025, blacklisting 7,268 addresses in the process. The findings highlighted a sharp contrast with Circle’s USDC, which froze $109 million across just 372 addresses during the […]
As the institutional adoption of cryptocurrencies, particularly the stablecoin sector, expands, the need for privacy settlement is becoming increasingly important. A Privacy Gap Report from the layer-1 zero-knowledge proofs (ZKPs) privacy blockchain Aleo has highlighted the challenges that could stem from the persistent lack of privacy. According to the report, the lack of privacy in institutional […]
The stablecoin issuing giant Tether has announced a partnership with two entities to foster the advancement of the tokenized securities sector. The firm’s asset tokenization division, Hadron by Tether, will spearhead the collaboration. The companies involved include the tokenized securities platform Bitfinex Securities and the asset manager KraneShares. According to a press release sent to […]
Tether is evaluating a raise from “a selected group of high-profile key investors,” to maximize the scale of the company’s strategy across all existing and new business lines, “by several orders of magnitude,” stated CEO Paolo Ardoino on Wednesday. The stablecoin issuer is looking to raise between $15 billion and $20 billion for a roughly […]
Tether CEO Paolo Ardoino has publicly addressed and dismissed circulating claims that the firm sold Bitcoin for gold. The controversy erupted on September 6, after YouTuber Clive Thompson suggested that Tether had quietly altered its investment strategy. Citing the company’s statements of assets, Thompson alleged that the firm had sold over $1 billion worth of […]
Stablecoin reserves on centralized exchanges have climbed to a new record of $68 billion, even as supply growth has slowed. The latest milestone, recorded on August 22, was driven by $53 billion in USDT holdings and $13 billion in USDC balances. According to a report by the on-chain aggregator CryptoQuant, this marks a clear break […]