Cryptocurrencies

Tether CTO denies borrowing from bankrupt lender Celsius

Tether CTO denies borrowing from bankrupt lender Celsius

5 hours ago

Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated. Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, according to the chief technology officer.Paolo Ardoino, CTO at Tether …

Tesla records 0M Bitcoin net loss in 2022

Tesla records $140M Bitcoin net loss in 2022

1 day ago

The electric vehicle maker earned $64 million in profits from Bitcoin trading, which was offset by a $204 million impairment. According to a filing with the United States Securities and Exchange Commission on Jan. 31, electric vehicle manufacturer Tesla disclosed that it recorded a $204 million gross impairment loss during 2022 on its Bitcoin (BTC) …