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The Latest Breaking News from Tether

Tether announces it has brought on a Big Four firm to conduct long awaited audit

The move could put to rest long-running rumors about the integrity of the stablecoin giant’s $184 billion reserve fund.

Fortune

Crypto billionaire Christopher Harborne no longer interested in Reform-Tory pact

Donor who has given £12m to Reform UK had previously wanted Nigel Farage to keep open mind about deal with Conservatives

The Guardian - UK

A crypto social media network’s failure raises an awkward question: Is blockchain good for anything beside finance?

The stablecoin giant has heaps of gold and has invested in a wide range of P2P technologies.

Fortune

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read the most diverse news in one place.

“The crypto industry used to store Bitcoin in Swiss vaults. Now one firm is using vaults to hold gold instead”

The CEO of Tether called the bunker ‘a James Bond kind of place.’

Fortune

Judge hits Chinese crypto scammer who helped swindle $37 million from U.S. victims with 46 month sentence

The fraudster was part of a ring that carried out a scam known as pig butchering.

Fortune

Fidelity enters crowded stablecoin field with new FIDD token

The upscale brokerage has a long history of working with digital assets.

Fortune

Crypto giant Tether pushes into the U.S. with USAT stablecoin to challenge Circle

The world’s biggest stablecoin issuer now has a digital dollar compliant with U.S. regulation.

Fortune

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Tether minted around $15 billion in profit last year—and its CEO makes a strong case for finance leaders to finally embrace stablecoins

A Fortune deep dive into Tether makes clear that stablecoins are shifting from crypto curiosity to core infrastructure.

Fortune

Iran’s central bank using vast quantities of cryptocurrency championed by Farage, says report

Regime appears to have turned to digital currency issued by Tether in the face of sanctions

The Guardian - UK

Stablecoins are gaining ground as digital currency in Africa: how to avoid risks

A notification popped up on my LinkedIn the other day. Africans were doing a traditional celebratory dance at the Africa Stablecoin summit in Johannesburg.

The Conversation

Stanford professor raises $15 million for Babylon, a decentralized protocol to turn Bitcoin into collateral

The startup aims to provide an alternative to platforms like Coinbase and Tether for those seeking to put their Bitcoin to work.

Fortune

Questions over Reform’s donations as electoral watchdog urged to investigate crypto links

Exclusive: Labour and the Lib Dems have called for a probe amid concerns over donations to Reform UK

The Independent UK

Christopher Harborne, the ‘intensely private’ mega-donor bankrolling Reform UK

He has made an immense fortune in crypto and – from his Thai retreat – is putting it at the service of Nigel Farage after a flirtation with the Tories

The Guardian - UK

Arthur Hayes Questions Tether's Solvency: Leading Crypto Analyst Asks Grok To Compare Stablecoin Issuer With Traditional Banks And Here's What It Said

Well-known cryptocurrency analyst Willy Woo asked an AI agent to provide a comparative analysis of Tether's (CRYPTO: USDT) asset backing versus a traditional bank, following concerns about the stablecoin issuer’s liquidity profile.

Benzinga

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Benzinga

Weekend Crypto Roundup: Bitcoin's Scarcity, Dogecoin's Resistance, Tether's Rating, Trump's Crypto Ties And Peter Schiff's Warning

The past week was a rollercoaster ride in the world of cryptocurrencies. From Bitcoin’s scarcity debate to Dogecoin’s resistance level, the crypto market was buzzing with activity.

Benzinga

S&P Calls Tether 'Weak' — Meanwhile It's Buying More Gold Than Central Banks

Tether (CRYPTO: USDT) just got slapped with the lowest possible stability score from SP Global — and in the same breath, it's quietly buying more gold than sovereign nations. Only in crypto does the market's bedrock stablecoin get labeled structurally fragile the very week it starts stockpiling bullion like a…

Benzinga

Tether CEO Paolo Ardoino Slams Traditional Rating Agencies After S&P Downgrades Its Dollar Peg Ability

Paolo Ardoino, the CEO of Tether (CRYPTO: USDT), questioned on Wednesday the methodologies adopted by traditional rating agencies after the SP downgraded the stablecoin issuer’s stability rating.

Fortune

Bitcoin plunges while gold rises, destroying the crypto ‘safe haven’ narrative

The lower Bitcoin tumbles, the less it looks like “digital gold.”

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news in one place.

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The Guardian - UK

Cryptocurrency backed by Farage donor is used for Russian war effort, investigators say

Tether tokens found to facilitate scheme that enables sanctions evasion and launders money for the Kremlin

MarketBeat

Rumble’s $767M Acquisition Marks Bold Pivot Into AI Infrastructure

Rumble's acquisition of AI infrastructure firm Northern Data and a key partnership signal its pivot into the competitive AI cloud services industry.

Benzinga

Rumble Advances Bid To Acquire Northern Data To Boost Cloud Computing Capabilities

Rumble Inc. (NASDAQ:RUM) has finalized an acquisition deal with Germany’s Northern Data AG (OTC:NDTAF) that will significantly enhance its cloud computing capabilities.

Benzinga

CRCL Down 2%, But Circle's USDC Outgrows USDT Under Trump-Backed GENIUS Act

Circle Internet Financial Ltd. (NYSE:CRCL) is down over 2% to $133 on Wednesday, but a recent report indicates Circle’s USDC (CRYPTO: USDC) stablecoin has benefited from the GENIUS Act.

Benzinga

Is Crypto Fueling Gold's Rise? Here's The 'Interesting Correlation' Tom Lee Noted

Wall Street strategist Tom Lee suggested a correlation on Monday between the rise in Tether’s (CRYPTO: USDT) supply and the steady rise in gold prices observed over the past three months.

Benzinga

Prestige Wealth Raises $150 Million To Back Treasury With Tether Gold

Hong Kong-based wealth management and advisory firm Prestige Wealth Inc. (NASDAQ:PWM) has signed and closed approximately $150 million in financing for its Aurelion Treasury initiative, which it says will establish the first Tether Gold-backed treasury by a NASDAQ-listed company.

International Business Times

The Witkoffs Keep Winning Despite the Media's Best Efforts

For much of the past year, The New York Times has returned repeatedly to the Witkoff family, often portraying their ventures through a political lens. The latest article, published on September 15, featured Zach Witkoff and his company, World Liberty Financial, in a story about alleged political favoritism in the…

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