Tether Becomes The Biggest Holder Of Gold, Quietly Hiding 80 Tons Of Gold In A Private Vault In Switzerland
Stablecoin giant Tether has stored a whopping $8 billion worth of gold in a private vault somewhere in Switzerland.

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.
A crypto CEO living in New York has been accused of secretly moving over $530 million into the U.S. for sanctioned Russian banks and helping them get American tech. He now faces serious charges including fraud, money laundering, and violating sanctions.
Metaplanet has reached 10,000 Bitcoin six months ahead of its target, becoming the ninth-largest public holder and surpassing Coinbase. It raised funds through zero-interest bonds and a record $5.4 billion equity programme, with plans to own 1% of all Bitcoin by 2027.
Trump Media has received SEC approval to raise $2.3 billion through share deals and convertible notes, with plans to use part of the funds to buy Bitcoin. The company aims to hold Bitcoin in its treasury, launch a Bitcoin ETF, and offer crypto-based services through Truth Social and a new streaming platform.
Bitget has partnered with UNICEF Luxembourg on a three-year initiative to boost blockchain literacy and STEM skills among girls in eight countries, empowering them to engage in the digital economy and shape the future of blockchain.
The Trump Organisation will launch Trump Mobile in August, selling US-made phones at $499 with service on major networks and perks like telehealth and free international calls. But is the president prioritising profit over governance?
PumpFun’s official X account was suspended just days before a planned token airdrop, with no clear reason given, though reports suggest it may relate to the use of unauthorised APIs and suspicious activity. The platform also faced criticism over alleged pump-and-dump behaviour, risky token tools, and unusual fund movements, fuelling concerns about transparency and compliance.
A bold new musical reimagines SBF, Diddy, and a fictionalised Luigi Mangione as cellmates in a surreal satire of American decline, probing justice, celebrity, and collapse.
Avalanche has launched a free NFT Battle Pass that lets players earn rewards across multiple blockchain games in one place. It aims to boost player engagement and unify its gaming ecosystem as the wider crypto gaming market struggles.
OpenAI has signed a $200 million deal with the US Department of Defense, expanding its role in government tech. The agreement launches “OpenAI for Government,” a new division focused on public sector partnerships.
Brazil has scrapped its monthly tax exemption for crypto profits, introducing a flat 17.5% capital gains tax on all digital asset transactions. In response, MP Eros Biondini has proposed a bill to remove taxes on long-term Bitcoin holdings and promote self-custody rights.
A respected media report released Tuesday reveals a growing trend: more individuals are relying on generative AI chatbots, such as ChatGPT, to stay informed on daily news.