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.
New Zealand has banned all crypto ATMs and set a $5,000 limit on international cash transfers to fight money laundering and organised crime. Over 220 machines were shut down, with the government saying they were being used to quickly move criminal funds overseas.
Remixpoint will pay its CEO fully in Bitcoin instead of company shares due to insider trading rules in Japan. The firm already holds over $116 million in crypto and says this move ties leadership more closely to its financial performance.
SBI Holdings and Aplus now let Japanese credit card users swap loyalty points for Bitcoin, Ethereum, or XRP. This is the first time crypto has been added as a reward option, though the exchange amount is small and capped.
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.
Sweden is turning up the heat on crypto seizures, after Sweden's justice minister Gunnar Strömmer made a public statement calling the local authorities to focus on crackdowns that could yield larger profits.
A solo Bitcoin miner with a small setup managed to mine a full block and earn nearly $350,000, beating long odds of around 1 in 2,800. The win highlights that even with modest equipment, small miners can occasionally succeed in a space dominated by large industrial operations.
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.
A U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.
Cardano creator Charles Hoskinson is offering $1 million to anyone who can crack the new Lace Paper Wallet, a challenge open until the end of 2024. Is this a masterstroke of innovation or a high-stakes gamble?
In 2023, cryptocurrency scams surged, with Americans losing billions, including $650 million in a scheme run by NovaTech and its leaders, and significant fraud via Google’s Play Store. Victims, including Maria Vaca, faced massive financial losses and threats, highlighting the urgent need for enhanced security and vigilance in the crypto market.
Portal to Bitcoin, a key player in Bitcoin DeFi, announced launch of BitScaler, a technology set to revolutionise Bitcoin's scalability without core upgrades or new opcodes. With the testnet launch imminent, could Portal to Bitcoin be on the verge of transforming the crypto industry?
Cosplay-to-Earn: How $WEEBS Token Is Changing the Game for Anime Fans
Hamster Kombat is recently mired in internal conflicts and investor disputes, leading to the indefinite postponement of its HMSTR token airdrop. With other mounting issues, is this the start of the end for Hamster Kombat?
Luigi D'Onorio DeMeo’s X account was hacked on 19 August 2024, and used to promote a fake Pokémon-themed memecoin, PIKA, in a pump-and-dump scheme. The hackers gained access through a phishing email and quickly spread malicious links, exploiting DeMeo’s reputation before the scam was detected.
Binance-backed DIN announced on 20 August that it raised $4 million in a pre-listing round, boosting total funding to $8 million. To further its mission to redefine the decentralised AI data economy, it launched the Chipper Node Sale on 13 August.
Sunwaves Tokens (SW) are set to revolutionize the festival experience by offering exclusive perks, enhanced fan engagement, and seamless blockchain integration. With its innovative approach, SW could redefine how festivals connect with their global audience.
Binance and its former CEO, CZ, face a lawsuit for alleged money laundering. Ironically, Binance recently prevented the loss of $2.4B from scams this year. With CZ’s release expected in September, how will this legal battle affect him post-prison, and will the lawsuit gain traction?
TapSwap has introduced a new game, "Tappy Town," despite ongoing delays in its token distribution. The airdrop for the TAPS token has been postponed multiple times, leading to user frustration and skepticism about the platform's priorities.