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May 17, 2023

Tether

Allocates Up To 15% Of Profits For BTC Purchases

[ad_1] Tether, the company managing the reserves of the world’s largest stablecoin USDT, has announced a new investment strategy aimed at strengthening its reserves portfolio. Tether will now allocate up to 15% of its net realized operating profits toward purchasing Bitcoin (BTC) regularly. This move is expected to diversify Tether’s reserves, which currently hold approximately […]

Miami blockchain folk hero secures $5M for community tokenization

Miami blockchain folk hero secures $5M for community tokenization

[ad_1] On May 17, the Captain Haiti Foundation, a 4947(a)(1) charitable trust, announced a $5 million raise sponsored by private equity firm Dargent Group.  The Captain Haiti Foundation says the partnership aims to leverage blockchain technologies to “combat Miami’s housing crisis and the ongoing gentrification of the Haitian community [in Miami].” Nandy Martin, who is […]