Tether invests in energy production in Uruguay to mine bitcoin
Tether is following in the footsteps of Bitfinex operator iFinex, which has previously invested in bitcoin mining efforts led by Blockstream.
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—by Protos Staff
The Weekend Shift: Bitcoin, Tether, Miami •
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Tether to spend profits on growing its mysterious bitcoin reserves
As of March, Tether’s $1.5B in bitcoin was triple the amount of cash in its reserves. This change will likely exacerbate that difference.
Tether attestation shows stacks of US treasury bills, more gold than bitcoin
Tether revealed a Q1 2023 attestation on Wednesday. Tether’s surplus is up, while cash and bank deposits have plummeted.
Hong Kong architect loses millions trading Tether, crypto on scam site
The Hong Kong-based architect made 65 transactions on a fake crypto website that showed inflated and manipulated Tether prices.
