Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea
Drift Protocol secures $147.5M in funding, including $127.5M from Tether, to replace Circle stablecoin with USDT after a $270M exploit linked to North Korea
What to know: … Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's USDT as its settlement layer …
Sources: Tether cuts two senior precious metals traders who joined from HSBC just months ago in its push to build “the best trading floor for gold in the world”
Tether Holdings SA has cut two senior precious metals traders who had joined from HSBC Holdings Plc just months ago …
Tether says it has engaged a Big Four accounting firm to conduct its first full independent audit of reserves behind its USDT stablecoin
Tether says it has engaged a Big Four accounting firm to conduct its first full independent audit of reserves behind its USDT stablecoin
Quick Take — Tether says it has engaged a Big Four accounting firm to conduct its first full independent audit of reserves.
Tether, flush with cash, has been investing in diverse sectors ranging from sleep tech company Eight Sleep to humanoid robotics company Neura Robotics
Tether, flush with cash, has been investing in diverse sectors ranging from sleep tech company Eight Sleep to humanoid robotics company Neura Robotics
Beyond fintech and crypto startups, Tether has now backed a mattress-maker and a humanoid robotics specialist.
Sources: Neura Robotics, which is building cognitive, humanoid robots for logistics, is raising ~€1B in a funding round backed by Tether at a ~€4B valuation
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams
Tether says it has frozen $4.2B of its crypto token over links to “illicit activity”, including $3.5B since 2023 and $61M linked to pig-butchering scams
El Salvador-based stablecoin issuer Tether said it has frozen about $4.2 billion of its crypto tokens over links to …