Tether, a stablecoin operator, has frozen $27 million in USDt on Garantex, a Russian crypto exchange, leading to the platform’s temporary shutdown. Garantex announced on Telegram that all services, including withdrawals, are suspended while the site undergoes maintenance. This action follows sanctions imposed by the European Union on Garantex due to its ties to Russian ...
Tether, the company behind the stablecoin USDt, has frozen $27 million in funds on the Garantex crypto exchange, which is now facing operational suspension. Garantex, sanctioned by the European Union due to its links to Russia’s ongoing conflict with Ukraine, reported that it has paused all services, including withdrawals, while its website undergoes maintenance. The ...
Rezolve AI (NASDAQ: RZLV) is reacting positively to President Trump’s recent announcement about including cryptocurrencies like XRP, Solana, and Cardano in the U.S. strategic reserve. This aligns well with Rezolve’s ongoing efforts, including their collaboration with Tether and their Bitcoin treasury strategy. The company views this government endorsement as confirmation of the essential role of ...
The arrival of Tether’s USDT on the Lightning Network marks a significant shift in the cryptocurrency landscape. This integration allows Bitcoin and USDT to interact seamlessly, enabling users to transact in either asset without hindrance. With USDT’s stability combined with Bitcoin’s strengths, businesses and users gain new options for payment. However, this also introduces regulatory ...
Rezolve Ai, a leader in AI-driven commerce solutions, has launched a $1 billion Bitcoin treasury program, starting with an initial investment of $100 million. This strategic initiative aims to support the upcoming launch of its crypto payment platform in collaboration with Tether, the largest entity in the digital assets sector. By holding Bitcoin, Rezolve Ai ...
El Salvador, a leading country in cryptocurrency adoption, recently added 5 Bitcoin (BTC) to its holdings, bringing its total reserves to about 6,055 BTC, worth over $606 million. This purchase, part of a monthly investment exceeding $5 million, aligns with changes in Bitcoin policies driven by the International Monetary Fund (IMF). While the government continues ...
Tether, the stablecoin issuer, reported a staggering $13 billion in profits for 2024, putting it in the same financial league as Goldman Sachs. Unlike many firms, Tether does not publish audited financial statements, which has raised eyebrows among regulators and industry experts. In the last quarter of 2024, Tether issued over $23 billion in its ...
Tether, a leading stablecoin, serves as a digital currency allowing users to move money quickly and anonymously around the world without needing personal information. Recently, it was revealed that a specific Tether wallet was controlled by Sa’id al-Jamal, linked to the Houthi fighters and receiving over $300 million in transactions, raising concerns about its use ...
Rezolve Ai (NASDAQ: RZLV) applauds the Trump Administration’s move to classify cryptocurrency as a national priority, a decision that strongly aligns with its partnership with Tether. This collaboration focuses on creating a non-custodial crypto wallet within their Brain Checkout platform, which will allow customers to use any cryptocurrency for retail purchases worldwide. CEO Daniel M. ...
Tether has filed a lawsuit against Swan Bitcoin, claiming breaches of contract in their joint Bitcoin mining project called 2040 Energy, established in 2022. Tether alleges that Swan acted recklessly, leading to significant violations of their agreements. The lawsuit, lodged in the High Court of England and Wales, marks a serious escalation between the two ...
