Tether is in talks for a multibillion-dollar equity raise valuing the firm at close to half a trillion. CEO states fundraising would significantly expand Tether’s operations across multiple business areas. USDT leads stablecoin market with US$172B supply; Cantor Fitzgerald supports in an advisory role. Tether is said to be holdingContinue Reading
XRPL has achieved US$1 billion in monthly stablecoin volume and ranks as a top-ten blockchain for real world assets according to Ripple’s September report. Ripple outlined an ambitious roadmap transitioning XRPL from basic compliance tools to comprehensive institutional finance infrastructure with tokenisation and lending. New features include compliance tools likeContinue Reading
Paul Atkins pushes for year-end exemption, creating stability for crypto product development. The Agency introduces Project Crypto to lower compliance costs and integrate digital assets. Parallel legislative efforts in Congress aim to set clear crypto regulatory guardrails. US Securities and Exchange Commission (SEC) Chair Paul Atkins has confirmed plans toContinue Reading
A judge in the US state of Delaware has refused Tron founder Justin Sun’s request for a restraining order and injunction to be imposed on Bloomberg to prevent the news outlet publishing details of his personal crypto holdings. Bloomberg had published the information in August as part of its annualContinue Reading
E*Trade is entering the crypto market with the help of infrastructure provider Zerohash, initially offering trading for Bitcoin, Solana, and Ethereum. The move is a response to growing client demand for crypto exposure, a trend seen across Wall Street as the regulatory environment becomes more favourable. This integration follows MorganContinue Reading
SEC Chair Paul Atkins is urging Congress to quickly finalise the Crypto Market Structure Bill, aiming to provide a stable regulatory platform for the crypto industry. The proposed legislation, which is a combination of bills like the CLARITY Act and the Responsible Financial Innovation Act of 2025, is intended toContinue Reading
Tether has denied reports that it is shutting down its mining operations in Uruguay following a US$4.8 million debt dispute with the state-owned electricity company, UTE. Local reports had claimed that UTE cut power to Tether’s facilities over an unpaid US$2 million electricity bill and that the company owed anContinue Reading
Latvian streamer Raivo Plavnieks lost over US$31,000 (AU$47,286) after downloading a malware-infected Steam game. The malware compromised his Solana token, affected hundreds of devices, and prompted investigators to trace the attackers. The crypto community responded, boosting his token’s market cap and replacing stolen funds, including a donation from Alex Becker.Continue Reading
Bitcoin fell below US$112k briefly on Tuesday morning but recovered to US$112,857, still down 2.5% for the week alongside other major cryptocurrencies. The market decline triggered US$1.5 billion in liquidations affecting 407k traders, with Ethereum leading the liquidation event at US$342 million in forced closures. The Crypto Fear and GreedContinue Reading
US and UK create transatlantic task force to align digital asset rules and innovation. Group will deliver 180-day recommendations, consulting industry leaders to guide regulatory and market collaboration. Initiative complements GENIUS Act gaining strong support from Coinbase, CoinShares, and GSR. The United States and the United Kingdom have formed aContinue Reading
