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Tether Supports Bolivian Fintech to Enable USDT Payments for Food and Banking

Tether is backing Bolivian fintech Peso with a pre-seed investment aimed at scaling USDT-based payments across Latin America, according to a Wednesday announcement on Tether’s website. The funding is intended to expand Peso’s stablecoin payment infrastructure in Bolivia and beyond, including services designed to connect USDT with local currencies via banking rails and merchant payment systems. Tether did not disclose the investment size. Key takeaways Tether invested in Bolivian fintech Peso to expand USDT payment infrastructure across multiple Latin American markets. Peso has already integrated USDT payments into Yango’s food delivery platform in Bolivia, enabling customers to pay with USDT. The fintech supports QR payments, merchant point-of-sale tools, and virtual accounts linked to Bolivia’s banking network using ACH transfers. The move aligns with growing local demand for dollar-denominated alternatives amid Bolivia’s ongoing US dollar shortage and inflationary pressures. ...
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Trump’s White House Cybercrime Roundtable Sidesteps Crypto Mention

President Donald Trump used a White House roundtable on cybercrime to highlight the scale of fraud affecting Americans, citing losses of more than $20 billion in 2025 and claiming federal actions that he says disrupted criminal proceeds tied to foreign scams. The remarks came amid ongoing political scrutiny over allegations that Trump and members of his administration have benefited from digital-asset-related business interests. Speaking at the Wednesday event, Trump said “countless” Americans lost over $20 billion from cybercrime in 2025 through impersonation schemes, ransomware attacks, scam operations, and other tactics. He also stated that federal officials froze $1 billion in “cybercurrency tied to foreign scammers” and prevented $1.6 billion in 2025 losses from reaching criminals after a March executive order. Key takeaways Trump claimed federal freezes totaling $1 billion in proceeds he linked to “cybercurrency” connected to foreign scammers, alongside actions intended to stop...

5 Ledger Alternatives for Storing Bitcoin: Key Options to Consider

Recent reports of more than $200 million in crypto losses linked to tampered hardware wallets and predictable—rather than properly random—seed generation have renewed scrutiny of self-custody. The core issue is not that every investor failed to follow best practices; it’s that some risks can be introduced upstream, through devices or supply chains that holders cannot independently verify. At the same time, physical attacks targeting crypto owners are increasing, with Cointelegraph citing wrench attacks occurring in France roughly every 2.5 days this year. That broader threat landscape makes a single-storage approach harder to justify—even for cautious users. Many experienced holders now emphasize diversification across storage methods to limit what can go wrong if one layer is compromised. Key takeaways Security problems are no longer limited to “user error” or “lost seed phrases”; tampering and poor randomness can also undermine hardware wallet setups. Crypto ETFs can reduce the o...

Cardano Foundation Urges EU to Keep MiCA Rules Off DeFi, Staking

The Cardano Foundation is urging European Union policymakers to avoid creating a fresh, stand-alone regulatory regime specifically for decentralized finance (DeFi) and staking. In a submission to the European Commission, the foundation argues that lawmakers should apply existing financial rules based on what an activity actually does and what risks it creates—rather than classifying the activity according to the underlying technology. In a 19-page response posted Wednesday, the foundation also draws a line between users who directly participate in decentralized networks and intermediaries that package services around custody, asset control, or other forms of managed exposure. The distinction, it says, matters for how obligations under EU law should be structured. Key takeaways The Cardano Foundation says DeFi and staking should be regulated by activity and risk, not by the technology used to deliver them. It calls for clearer separation between direct user participation and interme...

Treasury Secretary Bessent Compares GENIUS Act to Lincoln-Era Reform

U.S. Treasury Secretary Scott Bessent on Wednesday compared the Trump administration’s stablecoin legislation to historic banking reforms, arguing that the rules now taking shape could help define how payment stablecoins operate in the United States. In a post on X, Bessent praised the Office of the Comptroller of the Currency’s (OCC) final rule implementing the GENIUS Act, calling it a “watershed moment in American finance.” He likened the move to the National Currency Act of 1863—an effort that created a federal structure for nationally chartered banks to issue currency—framing the GENIUS Act as a similar attempt to set national standards for digital payments. Key takeaways The OCC finalized rules under the GENIUS Act covering reserve management, redemptions, and risk controls for payment stablecoin issuers. The final rule is scheduled to take effect on Jan. 18, 2027, with broader regulatory authorization expected for issuers from that date. Issuing without the required approva...

Bitcoin Holds at $84.6K as US Stocks Rise After SpaceX Earnings Beat

Bitcoin climbed back above the mid-$80,000s on Wednesday following strength in US equities and a notable earnings beat from SpaceX. The move helped BTC return to $84,600 , its highest level since Oct. 7 , as traders digested fresh corporate results and waited for additional catalysts later in the week. While risk sentiment improved, analysts cautioned that Bitcoin still needs confirmation from daily price action. Crypto analyst Rekt Capital argued that a daily close above $83,400 is still required to shift focus upward in the current trading range. Key takeaways Bitcoin rose nearly 2% to $84,600 on Wednesday, returning to that level for the first time since Oct. 7 . SpaceX’s Q3 operating revenue beat expectations by nearly 15% , reaching $14.6 billion . Analysts said BTC is addressing liquidity around $84,000 , with CoinGlass reporting crypto short liquidations nearing $110 million over four hours. Rekt Capital maintained that BTC needs a daily close above $83,400 to mea...

CertiK Warns eMudhra Fixes Could Expose Crypto Bots

Emergency actions by major browser makers have reduced risk from a certificate security flaw tied to India’s eMudhra, but blockchain security firm CertiK warns that cryptocurrency trading bots and exchange-linked applications may still be exposed. By Tuesday, Google, Apple and Microsoft had blocked eight vulnerable eMudhra certificates, according to Cointelegraph’s reporting. CertiK senior director of digital assets security Peiyu Wang said the browser-level updates don’t automatically cover every environment where crypto services operate—particularly applications that rely on separate certificate handling or don’t benefit from the same revocation protections enforced in modern browsers. Key takeaways Google, Apple and Microsoft have blocked eight vulnerable eMudhra certificates, lowering exposure for typical browser users. CertiK says some crypto applications outside the browser ecosystem may not enforce Certificate Transparency and may not receive the same revocation protections....