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.
A South Korean man, Lee, was sentenced to four years in prison for leaking military secrets to North Korean hackers in exchange for 14 Bitcoins, worth around $480,000. This breach, involving the recruitment of a military officer to provide classified documents, raised serious national security concerns.
The Ethereum Foundation is undergoing a leadership transition, with Vitalik Buterin outlining its key priorities and reaffirming its commitment to ethical principles while clarifying values it will not adopt.
Rakuten's move into the mobile market has caused financial strain, but CEO Mikitani sees it as essential for the company's future growth, especially with AI integration. Despite losses, Rakuten is expanding its mobile network and focusing on AI-driven services to boost its e-commerce and other sectors.
South Korea's film industry is embracing AI technology to restore and create films, with "Leafie, a Hen into the Wild" being remastered into 4K using AI tools. Additionally, AI-generated films like "It’s Me, Mun-hee" and "M Hotel" are pushing the boundaries of digital filmmaking, though the technology raises debates about the realism of AI characters.
Bitcoin has hit a new all-time high of $109,000, driven by optimism ahead of President-elect Trump’s 20 January inauguration. As speculation grows over potential crypto-friendly policies, the question remains—can Bitcoin sustain its momentum and climb even higher?
Public Investment Bank Bhd predicts that President-elect Trump’s administration is unlikely to fully reverse Biden’s AI chip export restrictions and computing capacity limits. As Biden’s term ends, could these measures be a strategic parting move with lasting implications for the tech landscape?
Vitalik Buterin’s update to his profile picture, using an image from the Milady Maker collection, triggered a significant increase in the collection's floor price and trading volume. The NFT's market capitalisation rose to $21 million, with notable gains for the related CULT token and other Remilia collections.
Indonesia is considering a law to restrict social media access for children to protect them from online dangers, though concerns about privacy and data security have arisen. Many parents support the measure, but advocates call for a balance between child protection and digital rights.
The Trump administration omitted cryptocurrency from its priority list and inaugural speech, triggering an over 30% drop in Trump’s meme coin. While optimism persists, concerns over long-term support are growing.
Arthur Hayes is skeptical about Donald Trump's plan to establish a U.S. Bitcoin reserve, questioning its practicality and priority among other government needs. Despite Trump's past interest in crypto, Hayes believes the Bitcoin reserve is unlikely to happen, as other political concerns will take precedence.