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Tether Taps BDO Global for Attestation of Reserve
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Tether Taps BDO Global for Attestation of Reserve

Tether Holdings Ltd, the firm known for the issuance of the world’s largest stablecoin, USDT has tapped the Italian branch of Binder Dijker Otte (BDO), the fifth biggest public accounting firm to help in the handling of its assurance and attestation processes

Tether Says Will Not Block Tornado Cash until it is Directed by Authorities
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Tether Says Will Not Block Tornado Cash until it is Directed by Authorities

Tether has affirmed it will not be blockchain addresses linked to Tornado Cash unless explicitly asked to do so by the government.

Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
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Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control

Tether is testing its new Bitcoin mining platform, Moria, which has undergone significant software enhancements, including software-driven PDU management and multisig approval. Moria is designed to integrate with IoT devices, potentially revolutionizing mining operations. Tether's diversification into Bitcoin mining is still in its testing phase.

Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request
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Tether Emphasizes Commitment to Transparency, Releases Reserves Information in Response to CoinDesk's FOIL Request

Tether has reaffirmed its commitment to transparency and announced its completion of reporting obligations to the New York Attorney General's Office. Under the terms of its 2021 settlement, Tether fulfilled its quarterly reporting requirements for a period of two years.

Tether and INHOPE Join Forces to Fight Child Abuse Material Online
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Tether and INHOPE Join Forces to Fight Child Abuse Material Online

The cooperation intends to combat the unlawful use of cryptocurrency to finance child abuse content on the dark web and in personless online marketplaces like INHOPE.

Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain
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Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain

Tether, the world's leading stablecoin, now holds $72.5 billion in U.S. Treasury bills, despite China's divestment from U.S. debt. Mixed reactions arise, questioning long-term stability in emerging markets.

FTX Continues to Move Funds Amid Ongoing Investigations
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FTX Continues to Move Funds Amid Ongoing Investigations

Addresses associated with FTX and its subsidiary, Alameda Research, have reportedly transferred $145 million in stablecoins to various platforms, as the cryptocurrency exchange faces demands to return funds to different groups of investors amid ongoing investigations and lawsuits.

JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
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JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks

JPEX, a virtual asset trading platform suspected of illegal operations, has proposed a DAO stakeholder dividend scheme. While 70% of participating users have agreed, lawmaker Huang Junshuo warns of potential debt risks. The platform is also under legal scrutiny, with ongoing investigations into fraud.

Tether Ordered by New York Judge to Document USDT Backing
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Tether Ordered by New York Judge to Document USDT Backing

The presiding judge ordered Tether to provide evidence of the USDT backing of its reserves at the time. The company is required to provide financial documents to the court.

Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio
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Tether Holdings Hires Major Wall Street Firm to Manage Treasury Portfolio

Tether has recruited a Wall Street company to handle its Treasury holdings.

Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper
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Tether Boosts US Treasury Holdings Behind USDT, Further Reducing Commercial Paper

Tether said it has increased its investments in US Treasury bills backing its $68 billion stablecoin.

Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption
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Tether's Plan B Collaborates with FC Lugano to accelerate Bitcoin Adoption

Tether and Lugano City have announced a partnership to sponsor FC Lugano, a Swiss football club, using bitcoin technology to transform the city's financial infrastructure, allowing fans to purchase tickets, merchandise, food, and beverages.

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