Tether is the world's largest digital asset company, known for its stablecoin USDT, which aims to provide liquidity and stability in the cryptocurrency market.
Binance hit by $6.3-billion hack, the biggest crypto heist ever
Hackers stole $6.3 billion from Binance, the largest cryptocurrency exchange. The attack was attributed to North Korean hackers by US blockchain analysis firms.
Binance suspends withdrawals after $6.3bn hack
Binance suspended deposits and withdrawals after a security breach affecting approximately $6.3 billion in assets. The breach is suspected to have occurred through a compromised laptop belonging to a DevOps engineer.
Esca Finance taps Tether-backed MANSA for same-day African payment settlements
Esca Finance partners with MANSA to enable same-day settlements in Nigeria, Ghana, and Francophone West and Central Africa. The partnership combines Esca’s FX infrastructure with MANSA’s stablecoin-backed settlement capabilities.
Sorted Raises $4.4M Seed Round to Bring Stablecoin Wallets to Feature Phones Across Africa
Sorted has closed a $4.4 million seed round to accelerate its expansion across Sub-Saharan Africa and South Asia. The wallet is designed to operate on a $20 feature phone, catering to users with limited access to technology.
Tether Launches tether.wallet
Tether launched tether.wallet, a self-custodial digital wallet for users. The wallet aims to enhance financial inclusion for billions in developing countries.
