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.
Explore the UN's latest report in this comprehensive article, revealing how USDT is central to a clandestine banking system across Southeast Asia, raising significant concerns about digital currency misuse in money laundering and organized crime.
A new survey revealed that the majority of users believe the metaverse will reshape their social life.
A New Ecology of the Industry Under Financial Crisis (Abridged Version)
The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2.
Merchants that accept crypto rather than credit cards for payments can expect to save as much as 3.5% — or more.
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times.
Reportedly, ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday.
A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.”