Germany shutters major crypto exchange, seizes €34 million in assets

FRANKFURT – German police on Friday said they had shut down a major online platform for cryptocurrency exchanges, seizing €34 million ($38 million) in assets. The eXch platform was taken down in late April, according to a statement from the Federal Criminal Police Office (BKA) and the Frankfurt prosecutor’s office. Authorities confiscated €34 million in cryptocurrencies…

Read More

Tether to Deploy Hashrate on OCEAN, Advancing Decentralised Bitcoin Mining Infrastructure

Tether, the largest company in the digital assets industry, announced today its intention to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool focused on decentralisation and launched by long-time Bitcoin Core developer Luke Dashjr. This strategic move strengthens Tether’s ongoing commitment to supporting the resilience, transparency, and decentralisation of Bitcoin’s…

Read More

Tether Hits $13 Billion Profits for 2024 And All-Time Highs in U.S. Treasury Holdings, USD₮ Circulation, and Reserve Buffer in Q4 2024 Attestation

Tether Holdings Limited released its assurance opinion for the fourth quarter of 2024, conducted by BDO, a leading global independent accounting firm. The most recent attestation reaffirms the accuracy of Tether’s Consolidated Reserves Report (CRR) and provides a detailed breakdown of the assets held as reserves for the issued tokens as of December 31, 2024….

Read More

Fraudulent Job Offers Scheme Defrauds New Yorkers of $2.2 Million in Cryptocurrency

New York, U.S. – A team of tech-savvy scam artists stole millions in a nation-wide cryptocurrency con that duped unsuspecting victims, including some in New York, searching for remote work into transferring money in the fraudsters’ digital wallets, New York Attorney General Letitia James announced Thursday. The network of scammers cold-texted their victims, duping them…

Read More