Key Highlights: THORChainās TRON-based USDT vaults holding approximately $1.45 million were temporarily frozen before operations resumed roughly two hours later. Trading, signing, and liquidity actions on TRON halted during the freeze, causing an estimated $363,000 in payouts to become queued. The temporary restriction highlights the ongoing tension between decentralized protocol operations and centralized stablecoin issuer ...
Key Highlights: Hardware wallet provider Ledger warned customers who bought devices from official Southeast Asian reseller CryptoBilis within the last 90 days to halt setup or move funds following suspected security compromises. Security researchers estimate total losses between $86 million and $90 million across Bitcoin, Ethereum, and Tron, prompting stablecoin issuer Tether to freeze linked ...
Key Highlights: Senate investigators led by Senator Richard Blumenthal are probing Cantor Fitzgerald’s financial ties to Tether, citing potential national security risks linked to sanctioned actors. A Senate Subcommittee review discovered that 84% of 846 sanctioned, Iran-linked cryptocurrency wallets transacted almost entirely using Tether’s $USDT stablecoin. Tether CEO Paolo Ardoino defended the firm’s compliance record, ...
Key Highlights: Senator Richard Blumenthal has launched an inquiry scrutinizing Cantor Fitzgeraldās financial ties and custodial partnership with stablecoin issuer Tether. The probe centers on a significant valuation surge in Cantor’s Tether stake and distributions received by Commerce Secretary Howard Lutnick before stepping down from the firm. Blumenthal has requested extensive documentationāincluding compliance reviews, divestiture ...
Key Highlights Senator Richard Blumenthal has pressed Wall Street brokerage Cantor Fitzgerald over its custody relationship with stablecoin issuer Tether. Lawmakers are demanding information regarding Cantor Fitzgerald’s measures to probe allegations of illicit finance, Russia sanctions evasion, and Iranian shadow banking links involving Tether’s tokens. Shifting political winds in predictive markets show rising odds of ...
Key Highlights: Tether secured a board seat at Italian football club Juventus for nominee Francesco Garino following an investment that yielded an over 11% stake. Garino, accepted as an independent director, has acknowledged close, lifelong ties to Giancarlo Devasini, the CFO of Bitfinex and co-owner of Tether. Juventus shares have fallen over 30% since Tetherās ...
Key Highlights: Federal asset seizures targeting accounts tied to payment processor Capstone Limited have plunged Dominica-based EQIBank into a severe liquidity crisis, freezing approximately 80% of its monetary assets. Government forfeiture filings allege Capstone deceived major U.S. financial institutions by masquerading as an application development firm while processing hundreds of millions in transactions linked to ...
Key Highlights Polygon has surpassed 8.1 million Tether ($USDT) holders, establishing the largest USDT holder base across all blockchain networks. The growth milestone was highlighted by the commentator @0xPolygon on Twitter, underscoring the expanding stablecoin adoption on the layer-2 network. This surge in holders reflects robust network engagement and infrastructure strength, even amid mixed market ...
Key Highlights: Stablecoin Development Corp shares experienced an abrupt surge beginning September 25 before retreating to approximately $4.50 per share with no clear news driving the action. Short sellers have faced limited and expensive share availability, while the firm told the SEC it cannot explain the unusual trading volume or determine who is driving it. ...
Key Highlights: U.S. authorities and lawmakers intensified crypto enforcement, with the Treasury targeting the Russia-linked A7 Network and a Senate subcommittee scrutinizing Tether’s sanctions controls. In Europe, ESMA recommended broadening the Markets in Crypto-Assets (MiCA) framework to regulate DeFi intermediaries, technical interfaces, and staking activities. The UK Financial Conduct Authority (FCA) officially opened its authorization ...
Key Highlights Binance processed $5 million to $10 billion in daily USDC spot trading volume throughout 2026, capturing 10-20 times more activity than most other exchanges which typically stay below $500 million daily. USDC’s market capitalization reaches approximately $74 billion, remaining the second-largest dollar stablecoin behind Tether’s USDT at roughly $140 billion. Circle is expanding ...
Key Highlights Circle and Tether froze approximately $320,000 in USDC and USDT stablecoins linked to the Bitget exchange hack, leveraging built-in blacklist controls. The attacker moved roughly 54 million XRP from the original five holding wallets overnight, reducing the balance from 70 million to 49 million tokens in eight hours. XRP traded near $1.54 on ...