Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.
Related Posts


The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
As much as we all would want last week to be about something else, it was still all about FTX. The Supreme Court of the Bahamas has approved two provisional liquidators from PricewaterhouseCoopers to oversee the assets of the crypto exchange, which is headquartered in the country. Several days later, The Securities Commission of the…

New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said. Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to an announcement on June 15, over $1.7 million worth of the exchange's…

These 5 charts show why Bitcoin price failed to break $35K
Bitcoin (BTC) fell towards $30,000 on Jan. 26 after higher levels evaporated and fresh miner outflows appeared to suppress price action.BTC price rally turns sourData from Cointelegraph Markets and Tradingview showed the largest cryptocurrency abruptly U-turn as it neared $35,000 in early week trading. At the time of writing, BTC/USD was lingering closer to $31,000, marking 24-hour…

Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks
XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern. Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost "overbought."Monero price RSI meets rising wedgeDownside risks have been mounting due to…

Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1
The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten. 309 Total views 3 Total shares Own this piece of history Collect this article as an NFTA climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by…

Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more
Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since 2011. Like Twitter, it began…

Qatar introduces regulatory framework for digital assets
Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector.

Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.