Tether Awards $200,000 Grant to BTCPay Server Foundation in 2 Years

How Tether USDt Works

Barely a year after awarding a $100,000 grant to BTCPay, Tether, the largest company in the digital asset industry, has again extended another $100,000 to the BTCPay Server Foundation. Recall that Tether first awarded $100K to BTCPay on April 2, 2024. Today, Thursday, May 8, 2025, the company announced another $100K grant, bringing the total to … Read more

Tether Acquires 70% Controlling Stake in Adecoagro

Tether announced in a statement on Wednesday, April 30, 2025, that it has acquired a 70% controlling stake in Adecoagro, a leading agro-industrial and sustainable production company in South America. Tether revealed that discussions about the acquisition began in September 2024 with a $100 million investment for a 9.8% stake, signalling the company’s interest in … Read more

CBEX Promoter, Adefowora Abiodun, Surrenders to EFCC

One of the six Crypto Bridge Exchange (CBEX) promoters, Adefowora Abiodun, has voluntarily turned himself in to the Economic and Financial Crimes Commission (EFCC). CBEX, which described itself as a cryptocurrency trading platform, vanished after allegedly defrauding investors of over $1 billion, amounting to more than a million naira from individuals who were lured by … Read more

Panama City Residents Can Now Pay Taxes in Crypto

Cryptocurrency And Modern World

Residents of Panama City can now pay for public services, such as taxes, tickets, permits, and other government fees, using Bitcoin, Ethereum, and stablecoins like USDT and USDC. This development follows an approval by the Panama City Council, making it the first government institution in the country to accept cryptocurrency payments. With a population of … Read more

South Korea blocks KuCoin, 14 other crypto exchanges for violation

Screenshot of exchange where you can buy and sell Pi Coin

South Korea’s Financial Services Commission has blocked at least 15 cryptocurrency exchanges, including KuCoin and MEXC, for operating in the country without permission from the authorities. The apps of the affected exchanges have been pulled down from the Apple Store beginning April 11, following a request from the country’s Financial Intelligence Unit (FIU). The FIU … Read more

Decentralized Bitcoin Mining Pool: Tether to Deploy Hashrate on OCEAN

How Tether USDt Works

Tether has promised to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool focused on decentralization, aimed at strengthening Tether’s commitment to supporting the resilience, transparency, and decentralization of Bitcoin’s foundational infrastructure. In a statement on Monday, the largest company in the digital assets industry says it will be leveraging OCEAN’s DATUM Gateway software, … Read more

T3 FCU Freezes $9 Million Linked to Bybit Hack

logo of bybit crypto exchange

T3 Financial Crime Unit (T3 FCU) has intercepted and frozen $9,000,000 in fraudulent digital assets linked to the recent Bybit hack, Tether announced in a statement Wednesday, March 26, 2025. T3 FCU was founded in September 2024 through the collaborative efforts of Tether, TRON, and TRM Labs with the aim of tracking illicit digital assets … Read more

Thailand SEC Approves USDt, USDC as Tradable Digital Assets

How Tether USDt Works

The Securities and Exchange Commission (SEC) of Thailand has approved the use of Tether’s USDt and Circle’s USDC as part of the cryptocurrencies that can be traded in the country. The two largest stablecoins, which currently have market capitalizations of $142,987,380,968 and $58,005,676,502, respectively, now join the list of existing digital assets such as BTC, … Read more

Trump Signs Executive Order for U.S. Bitcoin Reserve: This Is How It Will Be Operated

President Donald Trump’s signing of an executive order on Thursday establishing a reserve of Bitcoin for the United States is a significant step toward bringing crypto into the mainstream. The signing was expected, given his support for cryptocurrency even during his campaigns. Earlier this month, the president expressed special interest in ETH, BTC, SOL, XRP, … Read more