Tether to make second investment in CityPay.io. Amounts of investments not disclosed. Tether saw ‘exciting results’ from first collaboration. USDT issuer Tether said it will increase its presence in Eastern Europe by investing more in Georgian payment service CityPay.io, through which users can pay for goods and services with crypto. The payment processing company is
By Elizabeth Howcroft LONDON (Reuters) – The world’s largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on Thursday. Tether, a cryptocurrency pegged to the U.S. dollar, and blockchain analytics company Chainalysis have
Tether, a cryptocurrency company, invested $200m in Blackrock Neurotech for a majority stake in the … [+] company. Tether.io Cryptocurrency company Tether announced an investment of $200 million into Blackrock Neurotech to take a majority stake in the Brain Computer Interface (BCI) company. As per Reuters, “The $200m deal which closed on Friday after several
New data from blockchain-tracking service Lookonchain reveals that the founder of Tron (TRX) is gobbling up hundreds of millions of dollars worth of Ethereum (ETH) as the crypto market goes through a correction. In a new thread on the social media platform X, Lookonchain says that Justin Sun, who founded Tron in 2017, has accumulated
Mercuryo, a global payments company, has partnered with TON to introduce fiat-to-crypto conversion services for USDT. The initiative began with integrating Tonkeeper, a self-custody wallet that supports transactions in Layer 1, The Open Network (TON), and other digital currencies. Aviessa Khoo, Executive Director at Mercuryo, Singapore, expressed satisfaction with the introduction of on-ramp services for
Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy. Dow
Authorities are reportedly investigating billions in cryptocurrency transfers that moved through a Russia-based exchange. The probe into the $20 billion-plus payments is part of efforts by the U.S. and Great Britain to crack down on sanctions evasions amid Russia’s war in Ukraine, Bloomberg News reported Thursday (March 28), citing sources familiar with the matter. According to
With bitcoin soaring once again, blockchains are suddenly much more valuable. More than 50 of them are now worth over $1 billion—despite many having few users. By Steven Ehrlich, Maria Gracia Santillana Linares and Nina Bambysheva, Forbes Staff In 2012 when Blockchain pioneers Jed McCaleb, Arthur Britto and David Schwartz created Ripple Labs and its