Crypto
Tuesday, 7/21, 04:16 PM
A Tether-backed three-way bitcoin merger collapses, and Jack Mallers steps down
- Tether's plan to fold three bitcoin businesses, the treasury company Twenty One, Jack Mallers's payments firm Strike, and the miner Elektron Energy, into one listed company has fallen apart.
- Mallers has stepped down as Twenty One's CEO to return to Strike, which will now stay independent.