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Tether’s Bank Says It Invests Customer Funds in Bitcoin

Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin.The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well

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Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software

Square Crypto’s latest grant will fund a Bitcoin developer’s work on software that could improve how mining collectives pool hash power.Pseudonymous developer Fi3 (@piccioneLibero2 on Twitter, or “free pigeon”) will receive an undisclosed sum to work on an implementation of Stratum V2, the next iteration of a Bitcoin mining protocol

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