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Tether Officially Reorganizes, Announces Four Different Business Divisions


Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data, focused on tech developments; Tether Finance, dedicated to...

Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY


The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.  The post Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY appeared first on Cryptonews

Arkansas State House Passes Bills for Potential Crypto Mining Restrictions


The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state, while six other proposals failed to garner enough votes for advancement. The post Arkansas State House Passes Bills for Potential Crypto Mining Restrictions appeared first...

Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability


Binance has made a significant strategic move by converting the entire pool of assets held in its emergency fund for users into USDC (USD Coin), a stablecoin issued by Circle Internet Financial.  The post Binance Converts User Emergency Fund Assets into USDC for Enhanced Stability appeared first...

Sweden Busts 18 Data Centers for Secretly Mining Crypto


Sweden’s tax agency identified irregularities in 18 locally operating companies, finding that they hid their involvement in crypto mining, it said Wednesday. The post Sweden Busts 18 Data Centers for Secretly Mining Crypto appeared first on Cryptonews

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