BinoNews
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#tether

7 stories

Binance hackers raced to move billions before it could be frozen
CriticalCrypto·

Binance hackers raced to move billions before it could be frozen

Following the $6.3 billion Binance breach, attackers are rapidly converting stolen stablecoins into unfreezable assets. Major issuers like Tether and Circle are working to freeze the remaining stolen funds before they are laundered.

BNBBTC
2K4812
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
Crypto·

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

Tether reported a $1.5 billion profit for the third quarter, nearly doubling its excess reserves to $8 billion. The company's US Treasury holdings now rival those of major sovereign nations, providing a significant buffer for the USDT stablecoin.

BTC
5.6K43511
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm
Crypto·

Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm

Senator Richard Blumenthal has launched an investigation into Tether payments to Bo Hines' firm, citing concerns over crypto interests. The probe is part of a broader effort to regulate the crypto industry and ensure transparency. The investigation's findings could have significant implications for the crypto market.

USDT
3.5K1889
Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
Crypto·

Tether backs Bolivian fintech bringing USDT payments to food delivery and banking

Tether has invested in a Bolivian fintech company, Peso, to support its expansion across Latin America. The investment will enable Peso to connect stablecoin payments to merchant services and local banking networks. The move may have significant implications for the crypto industry in the region.

USDT
3.5K1116
Tether leads $15 million funding round for AI-focused payment startup Mural
Crypto·

Tether leads $15 million funding round for AI-focused payment startup Mural

Tether has spearheaded a $15 million Series A funding round for AI-focused payment startup Mural. This investment pushes Mural's total funding to $28 million as it expands its footprint in digital asset infrastructure.

BTC
4.9K1256
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
Crypto·

Tether: Senator's investigation misses positive work that's led to lower Iran volumes

Tether CEO Paolo Ardoino defended the stablecoin issuer against allegations of facilitating illicit financial flows in Iran. He argued that ongoing investigations overlook the firm's proactive compliance measures and successful efforts to reduce volumes.

BTC
3.3K1329
Tether backs AIsa as strategic investor, completing seed extension round
Crypto·

Tether backs AIsa as strategic investor, completing seed extension round

Tether has participated as a strategic investor in AIsa's seed extension funding round, pushing total capital raised past $9 million. The injection of funds will accelerate AIsa's strategic development initiatives within its respective sector.

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