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Texas Gov. Greg Abbott issues a ban on the use of Chinese-backed apps DeepSeek, Lemon8, Moomoo, RedNote, Tiger Brokers, and Webull on government-issued devices (Austin American-Statesman)

Austin American-Statesman : Texas Gov. Greg Abbott issues a ban on the use of Chinese-backed apps DeepSeek, Lemon8, Moomoo, RedNote, Tige...

31 January 2025

Tether had $13B in 2024 net profits, including ~$7B from its US Treasuries and repo holdings, and $5B from unrealized appreciation of gold and bitcoin holdings (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk:
Tether had $13B in 2024 net profits, including ~$7B from its US Treasuries and repo holdings, and $5B from unrealized appreciation of gold and bitcoin holdings  —  Tether, the crypto company behind the largest stablecoin USDT, said on Friday it generated $13 billion group-wide net profits last year in a record-breaking year.

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