Policy

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas

Sen. Cynthia Lummis and Rep. French Hill have been notable advocates in Congress for reasonable regulation of crypto.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Finance

Tether Aims to Publish Reserve Data in Real-Time in Coming Years: Report

Tether had a $3.3 billion excess in reserves at the end of Q2.

Tether freezes $225 million worth of its stablecoin (Jorge Salvador/Unsplash)

Videos

Key Driver Behind Bitcoin's Price Spike; California's Crypto Licensing Bill Signed Into Law

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the factors that caused bitcoin to briefly spike to $30,000. When will a crypto licensing bill signed by California Governor Gavin Newsom take effect? Plus, Tether freezes accounts linked to terrorism and warfare in Israel and Ukraine.

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Finance

Tether Freezes 32 Crypto Addresses Linked to Terrorism, Warfare in Israel and Ukraine

The combined value across the frozen wallets equated to $873,118.

Tether freezes wallets (Raisa Milova/Unsplash)

Tech

Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases

The LQTY token has almost doubled in price. Factors cited included growth in activity and an A rating from Bluechip.

(Jayashreee/Creative Commons)

Finance

Tether Promotes Paolo Ardoino to CEO

Former CEO Jean-Louis van der Velde will transition into an advisory role at Tether.

Tether CEO Paolo Ardoino (Tether)

Finance

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Tether CEO Paolo Ardoino (Bitfinex)

Videos

Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF

Should Sam Bankman-Fried have just performed a rug pull? Why is it so hard to get details into USDT issuer Tether? Zeke Faux, author of 'Number Go Up,' shares his findings after making a deep dive into the world of crypto.

Unchained

Finance

Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions

Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.

Tether co-founder William Quigley (Magnetic)

Policy

U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

Michael Barr, who leads the central bank’s regulatory efforts, said the Fed remains in the basic research phase and would need actual legislation from Congress to authorize the move.

Michael Barr, the U.S. Federal Reserve's vice chairman for supervision, says the central bank is far from a decision on a digital dollar. (Nikhilesh De/CoinDesk)