Tether Surpasses $7.7 Billion Profit Year-to-Date with Record High Reserves
Tether, the popular cryptocurrency company, has achieved a remarkable milestone by surpassing $7.7 billion in profit year-to-date, with record high reserves. In the third quarter alone, Tether reported a net profit of $2.5 billion,...
SEC Investigates Immutable for Possible Violations of Securities Laws
The Securities and Exchange Commission (SEC) has recently issued a Wells notice to Immutable, a blockchain gaming platform, as part of its ongoing crackdown on crypto companies leading up to the US election. Immutable...
Proposed Deflationary Tokenomics in MakerDAO Rebranding: A Strategic Approach
Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token of the protocol. The community is set to vote on...
Trump’s Crypto Business Cuts Fundraise Goal by 90% Amid Poor Sales
Donald Trump's crypto company, World Liberty Financial, has decided to significantly reduce its fundraising goal after facing challenges with the sales of its WLFI tokens. The company had initially aimed to raise $300 million...
Crypto Market Reacts to Trump’s Election Odds on Polymarket
The crypto market has experienced a downturn in the last 24 hours, with Bitcoin dropping by 1.9%. However, the broader crypto market has seen a more significant decline, impacted by various factors such as...
Tether’s Q3 Profits Reach $2.5B, Holds $100B in U.S. Treasuries
Tether, a popular stablecoin issuer, recently announced impressive profits of $2.5 billion in the third quarter of the year. This brings their total profits for the year to $7.7 billion, with the market capitalization...
Blockchain Association Criticizes SEC Actions Under Gensler for Stifling Growth
The Blockchain Association, a prominent crypto advocacy group, has strongly criticized the enforcement actions taken by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. The association stated that...
Protecting Crypto Companies from Rising Deepfake Attacks: Top Targets and Prevention
Crypto companies are facing a significant threat from audio and video deepfake attacks, according to a recent survey conducted by Regula. The survey revealed that 57% of crypto firms have fallen victim to audio...
Trump Reaffirms Support for Bitcoin on Satoshi’s Whitepaper Anniversary
Former President Donald Trump recently made a social media post reaffirming his support for Bitcoin on the 16th anniversary of Satoshi Nakamoto's whitepaper. In his post, Trump expressed his commitment to a crypto-friendly approach...
Polymarket Accused of Wash Trading: What You Need to Know
Polymarket has recently come under fire for allegedly engaging in wash trading, a form of market manipulation that is illegal in traditional finance. This type of manipulation involves the same person acting as both...