Tether earned $1.5 billion in three months while its safety cushion fell by half, raising questions about whether the world’s largest stablecoin …
Billion
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Regulation
Russia’s Biggest Crypto Miner Sent To Detention In 1 Billion Ruble Fraud Case
by shayaanby shayaanA Moscow court has tightened detention measures against Igor Runets, founder of BitRiver, Russia’s largest crypto mining company. The Zamoskvoretsky District Court …
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Mining
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
by shayaanby shayaanSOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it far more room to raise …
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Markets
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
by shayaanby shayaanThe world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. …
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Finance
Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace
by shayaanby shayaanStablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply is shrinking for the first time in years, …
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The world’s largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after …
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The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a …
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DeFi
HTX Research Maps the RWA-DeFi Convergence as Tokenized Assets Surge Past $20 Billion
by shayaanby shayaanThe infrastructure that once separated government bonds held in a custodian and liquidity pools on a blockchain is dissolving. A new research …
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Finance
Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital
by shayaanby shayaanBitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank …
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Mining
Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway
by shayaanby shayaanBitcoin could lower mining difficulty by roughly 16% when its next adjustment arrives around July 26, handing the machines that remain online …