Chainalysis to Monitor Tether’s Secondary Market for Illicit Activities
Chainalysis will develop a monitoring solution and provide tools to spot illicit activities in the secondary market where Tether trades its stablecoin. By utilizing the newly acquired functionalities, Tether can gain market intelligence and discern wallets associated with illegitimate or sanctioned addresses. Several instruments will comprise the new solution. Four of them were detailed in […]
Tether Invests $200M in Blackrock Neurotech
Tether’s investment of $200 million in Blackrock Neurotech signals its strategic expansion into BCI technology, challenging Elon Musk’s Neuralink. To advance brain-computer interface (BCI) technology, Tether, the dominant stablecoin behind USDT, recently announced that it is strategically investing in Blackrock Neurotech, a prominent competitor of Neuralink, an implant company founded by Elon Musk. Today, April […]
Tether’s USDT Goes Live on TON Blockchain
Stablecoin issuer Tether has launched its USDT stablecoin on Telegram’s Web3 ecosystem, The Open Network (TON). Tether announced the launch of the gold-pegged Tether Gold (XAUT) stablecoin on TON on April 19, in addition to the information above. The announcement coincided with the keynote addresses delivered by Pavel Durov, the creator of Telegram, and Paolo […]
Tether Joins Forces with Fuze for Educational Venture
Tether, the company behind stablecoins, is collaborating with Fuze to spread Cryptocurrency awareness among Turkish and Middle Eastern consumers and financial institutions. In an effort to raise knowledge and comprehension of digital assets, Fuze, a provider of crypto infrastructure, and Tether, the firm behind the largest stablecoin by market value, have inked an MOU to […]
Tether Freezes $1.4m USDT Linked to US Tech Fraud
The issuer of the USDT stablecoin Tether helped the FBI and the U.S. Department of Justice seize about $1.4 million worth of USDT. Tether stated in a statement on March 12 that assets will be given back to fraud victims. U.S. officials commended the corporation for their assistance. Tether CEO Paolo Ardoino said: “The seizure […]