DOJ ‘disrupts Hamas terrorist' scheme by seizing crypto held in USDT
A group "claiming association with Hamas" had been directing supporters to donate money to more than a dozen crypto wallets.
Keep up with what's happening in the crypto world in real-time.
A group "claiming association with Hamas" had been directing supporters to donate money to more than a dozen crypto wallets.
Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.
Stablecoin issuer Tether plans to acquire a 30% stake in Italian media firm Be Water, marking a strategic shift into traditional content and entertainment sectors. The move is part of Tether's broader diversification plan beyond crypto. The post Stablecoin Issuer Tether to Buy 30% Stake in Italian Media Company Be Water appeared first on Cryptonews.
The asset is fully backed by tether — the largest stablecoin by market capitalization — which is itself backed by cash and cash equivalents.
Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
Adecoagro S.A., a leading sustainable production company in South America, has entered into a transaction agreement with Tether.
Web3 money app Wirex said Thursday (March 27) that it launched a travel booking platform that offers reduced rates on hotel stays and cash-back rewards when using a Wirex card.
The cryptocurrency company Tether has carried out a significant financial operation in the media sector. Through a capital increase and the purchase of shares, it has become the second-largest shareholder in the Be Water group, which controls Chora and Will, two established entities in the podcast and digital information sectors, with a focus on Instagram. The investment amounts to approximately 10 million dollars, and has led Tether to hold 30.4% of the company's shares. Despite Tether's entry, the founder Guido Maria Brera remains the majority shareholder. This step is part of a broader diversification strategy undertaken by Tether, which in recent months has expanded its investments beyond the cryptocurrency sector. The company led by the Italian Paolo Ardoino, based in El Salvador, has indeed invested in areas ranging from artificial intelligence to brain implants, reaching even U.S. media and even soccer.
The world's leading stablecoin issuer, Tether, invested 10 million euros ($10.8 million) in Italian media company Be Water.According to a March 27 announcement, Tether acquired a 30.4% stake in the Rome-based Media Water with its investment. Tether CEO Paolo Ardoino said the company recognizes “the importance of independent media in shaping informed societies.
TL;DR Massive Growth: Tether's “Stablecoin Multiverse” initiative accompanies a 14% user growth since October 2024, pushing its global user base past 400 million. Grassroots Approach: The strategy prioritizes community empowerment over traditional institutions, driving adoption where conventional finance often struggles.
Stablecoin issuer Tether continues to expand beyond financial technology with a fresh investment into Italy's media landscape. On March 27, the company revealed a €10 million capital injection into Be Water, an Italian media firm.
AGRO shares jumped over 7% to $11.95 in pre-market trading following the announcement
Paolo Ardoino, CEO of stablecoin issuer Tether, said the industry has just entered a new era, marked by an influx of stablecoin solutions from both private companies and governments.In a March 27 X thread, Ardoino said the crypto industry just entered the “stablecoin multiverse” era, where multiple stablecoins are launching to meet growing global demand. Source: Paolo Adroino Related: Rumble wallet rolls out with Tether's USDT for creator payments Not everyone agrees with the assessment However, Slava Demchuk, CEO of crypto compliance firm AMLBot, told Cointelegraph that he disagrees “with the premise that there are hundreds of stablecoins launched by companies and governments.
Tether CEO Paolo Ardoino has made a bold prediction about the cryptocurrency market's future, signaling a new era that he calls the "stablecoin multiverse." In a recent tweet, Ardoino shared his vision for the future, highlighting the growing adoption of stablecoins by private companies and governments.
Tether, the issuer of the world's largest stablecoin USDT, has yet again made a non-crypto related strategic investment by acquiring a 30% stake in Italian media company Be Water for approximately 10 million euros. This move marks its another step in the ongoing broader diversification strategy beyond the cryptocurrency sector.
With Tether now used by — conservatively — over 400 million people, Paolo Ardoino calls it part of a stablecoin multiverse that is only getting started.
An inside source claimed Tether is set to purchase a 30% stake in the Italian media company, Be Water. With a market value of more than $144 billion, the stablecoin firm has been expanding its portfolio beyond crypto.
Tether is yet to announce the investment officially.
South Korea's largest cryptocurrency exchange, Upbit, has announced the listing of WAL trading pairs. WAL, the native token of Walrus, will now be available for trading in Korean won (KRW), Bitcoin (BTC), and Tether (USDT) pairs.
Circle's USDC stablecoin has reached a new all-time high, surpassing $60 billion in market capitalization.
USDC's market cap has hit an all-time high of $60.2 billion, doubling in just a year.
Rumble introduces a digital wallet backed by a $775M Tether investment, seeking to enable creators in underserved markets to receive faster, borderless crypto payments, bypassing banks and ad-based monetization. The post Rumble to Launch Digital Wallet Backed by Tether Investment appeared first on Cryptonews.
TL;DR Rumble has launched its wallet for creator payments, using Tether's USDT stablecoin, enabling fast and secure transactions. This launch follows a $775 million investment from Tether, aiming to promote financial freedom and free expression.