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blockonomi.com Tether Partners with Antalpha to Strengthen Digital Gold Ecosystem

TLDR Tether Gold Treasury completed a $134 million purchase of Tether Gold (XAU₮) at $4,021 per unit. Aurelion secured $150 million in financing with Antalpha acquiring controlling voting rights. Tether and Antalpha aim to expand the digital gold ecosystem and increase liquidity. Aurelion will retain its asset management operations and hold only Tether Gold as [...] The post Tether Partners with Antalpha to Strengthen Digital Gold Ecosystem appeared first on Blockonomi.

blockonomi.com Top Analyst Warns of XRP Price Distortions as Market Data Splits

TLDR: XRP price chart inconsistencies spark concern as analysts abandon data from top exchanges over distortions. EGRAG Crypto now uses a unified Crypto Data Set for XRP to avoid conflicting market price readings. XRP price stands at $2.48, down over 13% this week, despite a 50% bounce from support levels. Traders debate XRP’s real support [...] The post Top Analyst Warns of XRP Price Distortions as Market Data Splits appeared first on Blockonomi.

bitcoinmagazine.com Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims

Bitcoin Magazine Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims Tether has agreed to pay nearly $300 million to the Celsius Network bankruptcy estate, settling years of litigation tied its 2022 collapse.  This post Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Celsius Settles Bankruptcy Case with Tether for $299.5 Million

TLDR Celsius has reached a settlement with Tether for $299.5 million in its bankruptcy case. The settlement resolves a lawsuit where Celsius initially sought $3.5 billion in damages. Tether was accused of liquidating Bitcoin collateral prematurely during Celsius’s bankruptcy proceedings. The Blockchain Recovery Investment Consortium announced the resolution of the case on October 14. The [...] The post Celsius Settles Bankruptcy Case with Tether for $299.5 Million appeared first on Blockonomi.