Bitcoin Adoption Surges in Sanctioned Iran
Iran’s crypto activity reached $10B in 2025, with trade moving on-chain in 2026. CCAF estimates Iran at 0.12% of global bitcoin hashrate, contrasting Elliptic’s 4.5%. #Update #Crypto
Iran’s crypto activity reached $10B in 2025, with trade moving on-chain in 2026. CCAF estimates Iran at 0.12% of global bitcoin hashrate, contrasting Elliptic’s 4.5%. #Update #Crypto
Tether’s Alloy reserves surpass $210M, highlighting interest in gold-backed synthetic dollars overcollateralized by Tether Gold, distinct from fiat-backed $USDT. #Update #Crypto
Bitcoin briefly surged to $82,300 on Sept. 3 after a drop earlier in the week, while Tectonic faced a $75 million attack, prompting multiple blockchain outages. A lawsuit against Tether was also filed. #Update #Crypto $BTC
Tether reports $1.3B Q2 profit with $5.2B in excess reserves, reinforcing its position as the largest dollar stablecoin in crypto. #Update #Crypto $USDT
On Aug. 7, US authorities sanctioned Iranian crypto platforms Shelbit and Aban Tether for facilitating transactions linked to Iran’s Islamic Revolutionary Guard Corps, involving over $6.3 billion in activity. #Breaking #Crypto $USDT
The Bank of Russia proposes public crypto trading limited to $BTC, $ETH, and $USDT, capping non-qualified residents at ₽300,000 annually per broker; final directive pending by Aug. 24. #Update #Crypto $BTC $ETH $USDT
Tether froze $42.4M in $USDT linked to Thai investors without a warrant, leading to a lawsuit seeking damages and blacklist removal. #Update #Legal $USDT
Thai entrepreneurs Nuttawat Rukhammaichalern and Nattawat Kasamvilas have sued @Tether in New York, challenging the freeze of 42.4 million $USDT, alleging unlawful blacklisting of assets before a seizure warrant was issued. #Breaking #Legal $USDT
@Tether reports KPMG issued an unqualified opinion on its 2025 financials, showing $6.814B in reserves over liabilities. This marks Tether’s first full audit by a Big Four firm. #Update #Crypto $USDT
@Tether will cease Alloy and aUSDT operations, halting new minting. Users have until Sept. 17, 2026, to redeem aUSDT for XAUT collateral. #Update #Crypto $USDT
Tether sold 627,021 Bitdeer shares for $12.7M, reducing its stake to 19.7%. Tether remains a significant shareholder in Bitdeer. Crypto $USDT
Binance, Coinbase, and Kraken restrict $USDT in Europe under MiCA, boosting $USDC and EURC as compliant alternatives. Final compliance deadline: July 1, 2026. #Update #Crypto $USDT
Tether signed a non-binding MoU with DMCC to explore USDT payment pilots and RWA tokenization through the DMCC Crypto Centre. #Update #Crypto $USDT
@Bybit_Ins has launched options trading for Tether Gold ($XAUT), enabling hedging and speculation on gold price movements, settled in USDT. #Update #Crypto $XAUT