Tether has invested $100 million in crypto bank Anchorage Digital, according to a Thursday press release. The strategic equity investment builds upon an existing partnership where Anchorage serves as the issuer for USA₮, Tether’s compliance-focused stablecoin. Tether’s investment into the federally regulated bank aims to strengthen the custody and settlement layers required for institutional adoption. The #1 podcast for emerging tech stocks, Bitcoin, and weekly news analysis. Subscribe to the Blockspace ...

Stablecoin company Tether has developed Mining OS, an open source bitcoin mining management software. Tether’s Mining OS, or MOS, functions as a modular framework capable of managing energy, hardware, and data streams simultaneously. Tether emphasized in its X announcement that it hopes to reduce reliance on closed-source, proprietary solutions that create vendor lock-in. Operators can utilize the software to monitor real-time hashrate, temperature, and power consumption. The interface also supports the ...