Tether receives first full audit from KPMG, gets 'clean' opinion on 2025 financials
KPMG U.S. issued an unqualified audit opinion on Tether International's full 2025 financial statements, a milestone for the USDT issuer.
The Block · +14 outlets
South Korea sentences Delio CEO to 15 years for $50 million crypto fraud
The sentence was shorter than the 20 years prosecutors sought as the judge acquitted Jeong of a primary charge in the crypto fraud case.
The Block · +7 outlets
Baltimore sues Kalshi and Polymarket, naming Coinbase, Robinhood and Webull in alleged sports betting case
Mayor Brandon Scott and the Baltimore City Council sued the prediction market platforms and major trading platforms over alleged illegal sports betting.
The Block · +7 outlets
Washington court orders Kalshi to halt most prediction market offerings in the state
Kalshi may continue offering commodities, climate, economics and finance-related markets in Washington state.
The Block · +14 outlets
Gemini shares slide after $108 million loss; Winklevoss says 'we still have work to do'
Gemini's prediction market volume nearly doubled as the exchange continued expanding beyond crypto trading.
The Block · +2 outlets
Fidelity files to let its Ethereum ETF stake 100% of its holdings
The filing would allow Fidelity's crypto Ethereum ETF to fully stake its holdings if approved.
Coinspeaker · +7 outlets
Bullish posts $280 million Q2 net loss as digital asset sales fall 44%
The Peter Thiel-backed crypto exchange reported a Q2 net loss while adjusted revenue rose 62% and it retained 19,990 BTC on its balance sheet.
The Block · +3 outlets
BitGo revenue jumps 80% to $4.3 billion in Q2 but posts net loss
The firm recorded a net loss of $19 million in Q2 compared with net income of $38.3 million in the same period last year.
The Block · +2 outlets
Onchain lender Figure nearly triples quarterly profits as loan marketplace volume surges to $4.3 billion
Net income increased 192% to $87 million from $30 million during the same period a year ago.
The Block · +3 outlets
Strategy and Metaplanet could face MSCI index removal under new non-operating company proposal
An MSCI proposal could see Strategy and Metaplanet removed from its global indexes under a new non-operating company screen.
The Block · +14 outlets
Bitwise mulls tokenizing its Solana staking ETF via Superstate partnership
Shares held in tokenized form would carry the same rights as those in book-entry form, though not freely transferable outside the system.
The Block · +2 outlets
Google ad phishing scam drains $550,000 from Hyperliquid user
The incident follows Security Alliance having blocked 356 malicious Google ad URLs over several weeks in April.
The Block · +1 outlets
Trezor shipping provider breach exposes personal data of nearly 14,000 customers
A ShipMonk breach exposed personal data of nearly 14,000 hardware wallet customers, including some shipping addresses.
The Block · +14 outlets
SEC clears Franklin Templeton funds to use onchain BENJI system for cash management
Franklin Templeton received a no-action letter from the SEC enabling its traditional registered funds to invest in its BENJI/FOBXX fund.
The Block · +8 outlets
Ether.fi adds tokenized stocks, metals and Aave-powered portfolio loans in neobank expansion
The updated app is less crypto-forward and aimed at attracting a much broader audience.
The Block · +2 outlets
Hyperliquid treasury Hyperion triples quarterly profits as HYPE holdings rise
HYPE holdings increased to $133 million during Q2, up from $71 million at the end of Q1, as the token rose to $43.68 and DEX volume hit $331M.
The Block · +4 outlets
BlackRock's Bitcoin income ETF offset less than 30% of $1.2M crypto losses with options
The ETF's options strategy provided limited protection against crypto losses in the period.
CryptoSlate · +1 outlets
Mirae Asset to inject additional $35 million into Korbit following July acquisition
Mirae Asset completed the acquisition of 97.15% of Korbit for roughly $91.5 million in July.
The Block · +2 outlets