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…

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Tether will defend itself against “Shake Down” litigation commenced by Celsius

On August 9, 2024, Celsius Network Limited, acting through the Blockchain Recovery Investment Consortium, LLC, filed suit against Tether Limited and certain of its affiliates in the United States Bankruptcy Court for the Southern District of New York. This baseless lawsuit against Tether proves the adage that “no good deed goes unpunished.” The claims arise…

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