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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
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
It was announced late Sunday night that Javier Milei, known for his favorable stance on Bitcoin, has been declared the winner of Argentina's presidential election. Milei achieved a significant victory in the presidential election, surpassing his opponent Sergio Massa by a margin of approximately 2.9 million votes.
News - Bitcoin - Nov 20, 2023It was announced late Sunday night that Javier Milei, known for his favorable stance on Bitcoin, has been declared the winner of Argentina's presidential election. Milei achieved a significant victory in the presidential election, surpassing his opponent Sergio Massa by a margin of approximately 2.9 million votes.
News - Bitcoin - Nov 20, 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, 2023TeraWulf Inc., a Bitcoin mining company, stands firmly at the forefront of environmentally conscious Bitcoin mining, not only within the United States but on a global scale. As the first Bitcoin miner to use nuclear energy as its power source, TeraWulf's most recent expansion venture takes shape with
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, 2023SideSwap has integrated its swap markets with the Blockstream Jade hardware wallet, allowing users to securely access swap markets from cold storage. https://twitter.com/side_swap/status/1722890290879447220 This collaboration enables Blockstream Jade hardware wallet users to maintain control over their private keys, enhancing the security of their funds.
News - Bitcoin - Nov 12, 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, 2023