Tether Ditches 5 Legacy Blockchains to Embrace Scalable Future
Tether has just announced that it would be closing the tap on five legacy blockchains.

Tether has just announced that it would be closing the tap on five legacy blockchains.
Stablecoin giant Tether has stored a whopping $8 billion worth of gold in a private vault somewhere in Switzerland.
Tether plans to become the world’s largest Bitcoin miner by the end of 2025, investing billions in mining operations across Latin America. This move aims to protect its large Bitcoin holdings and strengthen the network amid new regulatory challenges.
Major cryptocurrency exchange Bybit has landed on the grounds of Georgia, making it the first exchange to have a full license to offer digital assets trading to local investors.
A scammer located in Nigeria has allegedly impersonated Steve Witkoff, the co-chair of the Trump-Vance Inaugural Committee, by making use of a barely noticeable type.
A7A5, a Russian ruble-backed stablecoin launched in Kyrgyzstan might be Russia's new found attempt to build at alternative payment system outside of the western financial rails.
Thailand has approved a five-year income tax exemption on crypto trading profits from 2025 to 2029, applying to sales through licensed platforms. The move aims to spur blockchain innovation while maintaining investor protection through regulatory oversight.
A 26-year-old TikTok influencer and crypto trader was reportedly kidnapped in France and held for a €50,000 crypto ransom. But when the kidnappers found he had been all-in on XRP since 2018 and had little to show for it, they released him—allegedly sending $1,000 in USDT before letting him go.
Shopify has teamed up with Coinbase and Stripe to let merchants in 34 countries accept USDC payments through its platform. The system uses Coinbase’s Base network and allows payouts in either USDC or local currency, with no cross-border fees.
Tether will release its Bitcoin Mining Operating System (MOS) as open-source software by late 2025, allowing smaller miners to join without relying on expensive third-party tools. This aims to make Bitcoin mining more accessible and competitive, giving new players better control and efficiency.
Cointelegraph tweeted that SEC approved iShares' Bitcoin (BTC) Spot ETF, but was confirmed to be false by BlackRock.
Cointelegraph, a leading cryptocurrency news publication, issued a clarification and apology for the inadvertent dissemination of unverified information regarding a spot Bitcoin ETF approval by the United States Securities and Exchange Commission (SEC).
A phishing operation operating under the alias FrenTechPro, masquerading as the Friend.Tech tool, has reportedly siphoned off around $214,000 in crypto from seven blockchains.
Since January 2022's peak of $269 million, NFT creator's royalties have decreased to only $2.4 million
Binance faces regulatory hurdles and market challenges in the UK as new customer registrations come to a halt.
Tether's new CEO Paolo Ardoino cautioned against believing that crypto is a tool for crime.
On October 16th, Binance, the world's largest cryptocurrency exchange, carried out its 25th quarterly token burn, resulting in the removal of more than $450 million worth of Binance Coin (BNB). This strategic move is part of an ongoing effort to manage the total supply of BNB through the BNB Auto-Burn system.
Tether froze funds in 32 cryptocurrency addresses connected to suspected terrorism and warfare activities in Israel and Ukraine; the combined amount is $873,118.
Binance has announced that with immediate effect, new user registrations in the UK are to be suspended.
When McDonald's introduced the self-service kiosk, for example, I found that my impression of McDonald's inevitably changed.