Tether Posts $1.5 Billion Q2 Profit as Reserve Buffer Halves
The world's largest stablecoin issuer earned $1.5B in operating profit while its excess reserves fell from $8.2B to $4.1B amid declining asset values.
310 articles · page 9 of 11
The world's largest stablecoin issuer earned $1.5B in operating profit while its excess reserves fell from $8.2B to $4.1B amid declining asset values.
Record $11.3 billion in tokenized equity volume masked a market that actually shrank excluding Binance's QQQB token.
Despite rate-hike fears, an AI equity sell-off, and the Coldcard exploit, Bitcoin is set to finish July up 7.5%. Analysts say leveraged positioning was already flushed out.
The USDC issuer received a limited purpose trust charter from NYDFS, adding to its national trust bank approval and BitLicense in a rapidly maturing stablecoin regulatory landscape.
A firmware flaw in Coldcard hardware wallets collapsed key entropy to just four billion possibilities, letting attackers reconstruct private keys entirely offline.
The world's largest stablecoin issuer reported strong earnings from Treasury holdings even as its excess reserves fell from $8.2 billion to $4.1 billion, expanding both gold and Bitcoin positions.
The upcoming xrpld release puts five amendments before validators, including two previously withdrawn after critical bugs and three new features enabling private tokenized assets.
A governance proposal would shut down Aave deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, plus retire 50 asset markets elsewhere, as deposits on some chains have dropped over 90%.
A Bank for International Settlements pilot saw JPMorgan, Citi, UBS, and 25 other banks move real money across borders using blockchain-based settlement in a live test.
A new Wintermute report finds institutions now dominate crypto trading at 72% of volume, driving lower volatility, selective altcoin flows, and growth in tokenized assets.
South Korea plans to begin taxing cryptocurrency gains above 2.5 million won ($1,740) from January 1, 2027, signaling no further postponement as the debate shifts to parliament.
The company formerly known as MicroExcel posted a massive second-quarter loss tied to bitcoin's price decline, but says it has built a cash buffer covering more than two years of dividends.
Crypto markets showed resilience as South Korea's chip sector suffered a record two-day decline, with Bitcoin holding steady ahead of the Federal Reserve's rate decision.
The Wall Street bank expanded its digital asset lineup beyond bitcoin with two new exchange-traded products, leveraging its 16,000 advisors and E*TRADE platform for distribution.
The decentralized perpetuals exchange said its oracle worked as designed after a single trade on a thin Korean pre-market venue caused a 19% mark price crash in SK Hynix perpetuals.
The largest names in traditional finance have publicly backed the Digital Asset Market Clarity Act, exposing a growing divide within Wall Street over crypto regulation.
The network upgrade retires the Orchard pool after a counterfeiting bug was found undetected for four years, opening a new quantum-resilient pool with a turnstile migration mechanism.
BTC has shown unusual resilience against sliding tech stocks, but options positioning and weak demand metrics suggest the rally may be a positioning bounce rather than a sustainable breakout.
The liquid staking giant is consolidating 8 million ETH onto optimized validators, cutting Ethereum's validator count by a third and introducing operator bonds for the first time.
The Open Secure AI Alliance brings together Microsoft, IBM, Cloudflare, CrowdStrike and others to build open-source security tools for AI, following a breach where closed models blocked forensic analysis.
A malware campaign distributed through both major app stores scanned users' photo libraries for wallet seed phrases, exposing a common security practice as a critical vulnerability.
The Senate's packed agenda — Russia sanctions, nominations, and a funeral — pushes the market structure bill further down the queue, with summer recess looming August 8.
Risk assets rebounded Monday as a fragile ceasefire between the US and Iran entered its second day, with oil dropping 5% and ETH leading crypto gains.
The Commodity Futures Trading Commission issued an advisory signaling that prediction market platforms have been straying into cookie-cutter self-certification.
POSCO International and LG CNS are putting live commercial invoices onchain via the Injective network, marking another step for blockchain in corporate finance.
Quantum computing could expose crypto networks first, but the real vulnerability isn't cryptography — it's governance speed.
Sberbank is preparing to launch crypto trading, custody and settlement services as new Russian regulations take effect September 1.
Strategy, Satsuma, Nakamoto and others are selling BTC to repay debt, fund operations, or pivot to AI infrastructure, signaling a broad restructuring of the digital asset treasury model.
The crypto exchange will halt all trading by August 26 and cease operations by January 2027, becoming the second major exchange to announce closure this week after BitMEX.
An agtech startup in Paraná has placed 10 tokenized dairy cows on the B3 stock exchange, raising $20,000 in the world's first livestock tokenization — a test case for real-world asset financing in agriculture.