Tether (USDT) Bolsters Cybersecurity Innovation with Gold Sponsorship at Thailand’s Cyber Warrior Hackathon 2025

Tether (USDT), the leading stablecoin issuer with a staggering $158 billion market capitalization, has stepped into a gold sponsorship role for the Cyber Warrior Hackathon 2025 in Thailand. This event, a collaborative effort between King Mongkut’s University of Technology Thonburi and the Cyber Crime Investigation Bureau, underscores Tether's commitment to fostering digital innovation and strengthening cybersecurity defenses in Southeast Asia. The hackathon is designed to serve as a talent incubator, highlighting Tether's strategic push to support the region's digital infrastructure and security capabilities. As of July 2025, this initiative marks a significant step in aligning cryptocurrency leadership with technological advancement and cybersecurity resilience.

Tether Sponsors Cybersecurity Hackathon in Thailand to Foster Digital Innovation

Tether (USDT), the dominant stablecoin issuer with a $158 billion market capitalization, has taken a Gold sponsorship role in Thailand's Cyber Warrior Hackathon 2025. The event, co-organized by King Mongkut’s University of Technology Thonburi and the Cyber Crime Investigation Bureau, represents a strategic push to strengthen Southeast Asia's digital defenses.

The hackathon serves as a talent incubator for Thailand's cybersecurity landscape, offering participants hands-on experience in combating technological crime. Tether's involvement underscores the crypto industry's growing alignment with national institutions—a trend accelerated by its 450 million-strong global user base seeking regulatory-compliant solutions.

This sponsorship continues Tether's pattern of supporting law enforcement initiatives, reflecting the maturing cryptocurrency sector's emphasis on security infrastructure. The collaboration between private stablecoin issuers and public cybercrime units signals a new phase of institutional crypto adoption across emerging markets.

Blockchain Investigator ZachXBT Aids in Freezing $5M from $140M Brazilian Bank Hack, Criticizes Circle

Blockchain investigator ZachXBT played a pivotal role in assisting Brazilian law enforcement to trace and freeze approximately $5 million in stolen cryptocurrency linked to a $140 million cyberattack on Brazil's Central Bank services provider, C&M. The breach compromised reserve accounts of six financial institutions, with hackers converting stolen fiat into Bitcoin (BTC), ethereum (ETH), and USDT before laundering the funds through local exchanges and over-the-counter (OTC) platforms.

ZachXBT's investigation involved manually tracking volume spikes on Brazilian exchanges and analyzing outflows, leading to the identification of multiple wallets. Collaboration with major exchanges including Binance, Bitso, and Bybit, as well as stablecoin issuer Tether, resulted in the freezing of the stolen assets. Notably, ZachXBT criticized Circle for its lack of cooperation, stating, "Circle leadership does not actually care about the industry."

The incident underscores the growing sophistication of cyberattacks targeting both traditional finance (tradFi) and decentralized finance (DeFi) ecosystems. Despite the challenges, the recovery of a portion of the stolen funds highlights the potential for blockchain forensics to mitigate such breaches.

TRX Shows Resilience as Bitcoin Sell-Off Rattles Altcoins

TRON's TRX demonstrated notable stability despite a broader market downturn triggered by Bitcoin's decline. While BTC retreated from $123,000 to $116,000, TRX dipped only 1% to trade between $0.2955 and $0.3029—a tighter range than peers like solana (SOL) and XRP, which fell over 3%.

Derivative metrics reveal cooling interest, with open interest down 3% to $380 million and trading volume slipping 10%. Yet TRX's ability to hold key support levels mirrors Ethereum's strength, suggesting disciplined accumulation amid profit-taking pressures.

The altcoin's fundamentals appear bolstered by TRON's growing dominance in stablecoin flows. CryptoQuant data shows USDT supply expansion on the network correlates strongly with TRX's performance—a dynamic analysts describe as 'positive and significant.'