Finance & Crypto News Website
Kraken, the top crypto exchange, is currently in the midst of a crucial decision. The highly anticipated Markets in Crypto Assets (MiCA) regulations are about to shake up the European market, and Kraken is actively considering whether to bid farewell to Tether (USDT). These new regulations could pose significant hurdles for stablecoins, making this a … Read more
Tether has announced its partnership with RAK Digital Assets Oasis (RAK DAO) through the signing of a groundbreaking Memorandum of Understanding (MoU). Together, these two innovative organizations will work towards introducing the game-changing technology of Bitcoin (BTC) and stablecoins to the vibrant city of Ras Al Khaimah. “In collaboration with RAK DAO, Tether will help … Read more
Breaking barriers and setting records, Tether, the issuer of USDT, raked in an impressive $4.5 billion in net profits during the first quarter of 2024. Tether’s latest assurance report, released by BDO on May 1, has revealed some staggering numbers. The digital asset firm’s Treasury bills stockpile has soared to a record-breaking $90 billion, while … Read more
Revolutionizing the world of finance, Tether Evo, the venture division of stablecoin giant Tether, has made a bold move by investing a whopping $200 million in Blackrock Neurotech. This strategic partnership is set to shake up the industry, as Tether dives into the cutting-edge realm of neurotechnology. Tether solidifies its dominance in the biotech world … Read more
Tether’s USDT stablecoin receives top marks in security with a successful SOC2 audit. Tether is proud to announce its successful completion of the rigorous SOC 2 Audit Type 1. But what exactly does this mean for clients?This comprehensive audit evaluates the ability to uphold five crucial trust service principles: security, availability, processing integrity, confidentiality, and … Read more