Tether has frozen $344 million worth of USDT across multiple wallets following coordination with US law enforcement authorities investigating alleged illicit financial flows.The action, confirmed by Tether CEO Paolo Ardoino, marks one of the largest single freeze operations the company has undertaken. The frozen addresses are linked to wallets allegedly used to facilitate sanctions evasion, narcotics financing, and ransomware proceeds.”Tether remains fully committed to cooperating with global law enforcement,” Ardoino wrote. “Our compliance infrastructure allows us to act quickly and decisively when criminal activity is identified.”The freeze underscores increasing regulatory scrutiny facing stablecoin issuers. The US Senate’s GENIUS Act would…
Author: James Rodriguez
Bitcoin’s mining difficulty adjusted upward by 3.2% in the latest epoch change, reflecting a sustained increase in global computing power dedicated to securing the network. The hash rate has now reached approximately 890 exahashes per second — a new all-time high.The adjustment means miners must perform more computational work to discover a valid block, increasing the cost of production for each new bitcoin. For miners operating at thin margins, the difficulty rise squeezes profitability at current price levels around $78,000.Despite profitability pressure, new mining capacity continues to come online. Major US publicly traded miners including Riot Platforms, Marathon Digital, and…