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In a recent development, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York rejected Shawn Dolifka's request to amend his class action lawsuit against Tether and Bitfinex. https://twitter.com/tether_to/status/1724816445299720357 Subsequently, Dolifka chose not to
A recent post by Mitesh Patel on X has ignited a discussion on the pros and cons of these two approaches, shedding light on the impact of fees on long-term returns. Patel's analysis compared self-custody, a Bitcoin ETF with a 1% fee, and an Individual Financial Advisor (IFA)
Tether Holdings Ltd., the entity behind the $87 billion USDT stablecoin, is venturing into Bitcoin mining, a move that represents a significant shift from its core business. Paolo Ardoino, the incoming CEO, revealed plans to invest approximately $500 million in the next six months. This investment includes constructing their own
News • Bitcoin • Nov 18, 2023Tether Holdings Ltd., the entity behind the $87 billion USDT stablecoin, is venturing into Bitcoin mining, a move that represents a significant shift from its core business. Paolo Ardoino, the incoming CEO, revealed plans to invest approximately $500 million in the next six months. This investment includes constructing their own
News • Bitcoin • Nov 18, 2023In a recent development, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York rejected Shawn Dolifka's request to amend his class action lawsuit against Tether and Bitfinex. https://twitter.com/tether_to/status/1724816445299720357 Subsequently, Dolifka chose not to
News • Business • Nov 16, 2023A recent post by Mitesh Patel on X has ignited a discussion on the pros and cons of these two approaches, shedding light on the impact of fees on long-term returns. Patel's analysis compared self-custody, a Bitcoin ETF with a 1% fee, and an Individual Financial Advisor (IFA)
News • Bitcoin • Nov 15, 2023Commerzbank, ranking as Germany's fourth-largest bank, recently announced its achievement as the first among its German counterparts to obtain the Bitcoin and Crypto Custody License, as per Article 1 Section 1a Sentence 1 No 6 of the German Banking Act (KWG). This license marks a significant step for
News • Bitcoin • Nov 15, 2023In a series of posts on X, Vijay Boyapati has reported on alleged similarities between Digital Currency Group (DCG) and FTX, highlighting concerns of financial impropriety within DCG and its CEO, Barry Silbert. Boyapati's posts delve into a complex narrative, drawing parallels to the FTX fraud case, and
News • Markets • Nov 07, 2023Tether Holdings Limited has released its assurance opinion for Q3 of 2023, which was reviewed by the independent auditing firm BDO. The review confirms the accuracy of Tether's Consolidated Reserves Report (CRR) for the third quarter, outlining Tether's assets as of September 30th, 2023. The CRR
News • Technology • Oct 31, 2023A recent post by @Mitesh_Patel has started a big discussion on X about the pros and cons of holding your own Bitcoin versus putting your money into a spot Bitcoin ETF. The post includes a detailed spreadsheet that compares these two methods over 30 and 40 years, providing useful
News • Bitcoin • Oct 30, 2023In honor of Bitcoin Whitepaper Day, this article is dedicated to the numerological “easter eggs” that Satoshi Nakamoto mysteriously put within Bitcoin’s design and launch. PLEASE NOTE: I am not a hippie. I acknowledge that the title of this article, “Bitcoin Numerology,” could seem annoyingly esoteric. Nowhere in this
News • Bitcoin • Oct 30, 2023