Tether reports record-breaking $5.2B profit in first half of 2024

Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Argentina's largest telecommunications company has fallen victim to a $7.5M ransomware attack. 1930 Total views 19 Total shares Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48…

FTX founder Sam Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32 billion crypto exchange. After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried staring down seven charges. If

In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto. 241 Total views 1 Total shares Members of the United States Congress — Brad Sherman and Stephen Lynch — have penned a letter to the heads of the…

While the initial coin offerings (ICOs) market is currently smaller than it was in 2018, it is still larger than it was at the beginning of 2017, data on crypto analytics website CoinShedule reveals as of Feb. 13.Total Funds Raised per Month Since Feb. 13, 2017-Feb. 13, 2019 — CoinScheduleCoinShedule’s data states that last month…

Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day. Nexo co-founder Antoni Trenchev told Cointelegraph that he believes the information revealed during the recent FinCen leak vindicates the crypto industry. According to the leak, the world’s leading financial institutions cleared over…

Cryptocurrency exchange OKEx announced in a press release shared with Cointelegraph on Oct. 3 the creation of a Self-Regulated Organization (SRO) aiming to standardize crypto exchange compliance practices and policies.A global self-regulatory crypto exchange bodyPer the release, OKEx is already engaging with other exchange and market participants to form their planned SRO. The organization in…

The eccentric billionaire polled his Twitter followers but already had the sale planned due to tax obligations. 635 Total views 16 Total shares Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings. Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale…

Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.