Tether
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Binance Halts Withdrawals Following Historic $6.3 Billion Security Breach
Binance suspended withdrawals after suffering an estimated $6.3 billion cyber heist, prompting blockchain partners to freeze billions in stolen assets.
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Tether Seeks $500 Billion Valuation in Final Funding Push
Stablecoin issuer Tether is reportedly nearing the end of a significant funding round, aiming for a $500 billion valuation and requesting capital commitments within two weeks.
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Tether Taps KPMG for Full Reserves Audit Amid U.S. Expansion Plans
Tether has chosen KPMG for a detailed audit of its reserves, aiming to enhance transparency as it prepares for U.S. expansion and new funding. Use
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Stablecoins Fueling Illicit Gold Trade in Venezuela, Report Finds
A new report from the Global Initiative Against Transnational Organized Crime (GI-TOC) reveals the growing use of stablecoins, particularly Tether’s USDT, in the illicit Amazon gold trade flowing into Venezuela.
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Tether Invests in Ark Labs to Boost Stablecoins on Bitcoin
Tether’s investment arm has backed Ark Labs in a $5.2 million funding round, aiming to enhance stablecoin infrastructure and transactions on the Bitcoin network.