In a landmark decision, the United Kingdom High Court has established Tether as property under English law. This decision, following a comprehensive trial, is president-setting event, marking the first time the legal status of a cryptocurrency has been clarified in…
Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, alleging the stablecoin issuer fraudulently transferred over $2 billion worth of Bitcoin. The Celsius lawsuit claims these actions occurred during a critical period leading up to its collapse….
Tether, a major stablecoin issuer, has announced plans to invest over $1 billion in artificial intelligence (AI) and biotechnology (biotech). This significant investment will be managed by its investment arm, Tether Holdings Inc. Tether’s Emphasis on Emerging Markets and Disintermediation…
The cryptocurrency market faces potential turbulence as the US government reportedly investigates Tether, the world’s largest stablecoin issuer. This news comes from Ripple CEO Brad Garlinghouse, who predicts another significant black swan event could disrupt the crypto space, similar to…
In the past 24 hours, the global cryptocurrency market experienced a collective setback, with the overall market cap shrinking by 3.35%. Even the top 10 cryptos, the big names like Bitcoin and Ethereum, got smacked down. Bitcoin sank 5.25%, while…
