Celsius Sues Tether for $2.4 Billion Over Bitcoin Collateral Dispute
Amidst a tense legal dispute, Celsius Network Limited has taken legal action against Tether Limited, aiming to claim $2.4 billion in compensation. At the heart of the dispute lies the claim that Tether has breached their agreement by allegedly misusing…
Tether Reports Record-Breaking $1.3 Billion Net Profit for Q2 2024
Tether Holdings Limited, the issuer of the world’s largest stablecoin, has announced a net profit of $1.3 billion for the second quarter of 2024. This milestone marks Tether’s highest quarterly profit to date, contributing to a record-breaking $5.2…
Tether Treasury Mints $1 Billion USDT for Inventory Replenishment
In a significant move within the cryptocurrency market, Tether Treasury has minted $1 billion worth of USDT, the world’s largest stablecoin. This minting, which took place on the Ethereum blockchain, is part of Tether’s strategy to manage liquidity and…