Tether made a €1.1 billion all-cash bid for management of Juventus, providing a 21% premium and pledging an additional €1 billion in funding. Exor and the Agnelli household unanimously rejected the proposal, insisting the membership will not be on the market. The standoff comes as Juventus faces extended sporting andContinue Reading
Twenty One Capital dropped almost 20% on its buying and selling debut regardless of a 3% rise in Bitcoin, opening at US$10.74 and shutting at US$11.42 (AU$16.53–AU$17.58). The corporate entered the market with 43,514 BTC, valued over US$4.05 billion (AU$6.24 billion), making it the third-largest publicly traded company Bitcoin holder,Continue Reading
Tether invested €70 million (AU$123 million) in Generative Bionics to develop humanoid “Bodily AI” robots for hazardous industrial duties. The startup makes use of IIT analysis and round 70 engineers to convey AI-driven robots to manufacturing, logistics, healthcare, and retail. Tether seeks to increase past stablecoins, backing tech that strengthensContinue Reading
S&P International downgraded Tether’s USDT to its lowest score, 5, citing excessive publicity to riskier reserves and restricted transparency/disclosure S&P expressed concern that the riskier property and poor disclosure might weaken USDT’s potential to keep up its value peg beneath future market stress. Tether CEO Paolo Ardoino strongly disagreed withContinue Reading
Glassnode identifies a powerful damaging correlation between Bitcoin value surges and USDT outflows, with peaks above US$220 million (AU$339 million) signalling profit-taking. Bitcoin stays fragile at US$81K–US$89K (AU$124.7K–AU$137.1K), with short-term holders experiencing losses and long-term momentum weakening amid skinny liquidity. Giant Bitcoin deposits on exchanges and ongoing USDT outflows restrictContinue Reading
Tether made a strategic, undisclosed funding in Ledn, a bitcoin-backed lending platform that survived the 2022 crypto collapse. The funding is meant to develop entry to collateral-backed credit score utilizing crypto rails, supporting self-custody and monetary resilience for customers. The partnership is anticipated to end in smoother and extra environmentContinue Reading
The DOJ is moving to seize more than US$15 million (AU$22.95 million) in USDT linked to North Korea’s APT38 hacking unit, following FBI seizures earlier this year. Five individuals have pleaded guilty to enabling North Korean IT workers to infiltrate U.S. companies using stolen identities and remote-hosted corporate laptops. AuthoritiesContinue Reading
Tether reported a year-to-date web revenue of US$10 billion as of Q3 2025, a determine that surpasses the income of main Wall Avenue establishments. The corporate’s stablecoin, USDT, noticed a major provide enlargement of US$17 billion within the first three quarters. Now leveraging new US regulation (the GENIUS Act), TetherContinue Reading
Tether is in talks for a multibillion-dollar equity raise valuing the firm at close to half a trillion. CEO states fundraising would significantly expand Tether’s operations across multiple business areas. USDT leads stablecoin market with US$172B supply; Cantor Fitzgerald supports in an advisory role. Tether is said to be holdingContinue Reading
Tether has denied reports that it is shutting down its mining operations in Uruguay following a US$4.8 million debt dispute with the state-owned electricity company, UTE. Local reports had claimed that UTE cut power to Tether’s facilities over an unpaid US$2 million electricity bill and that the company owed anContinue Reading
