Tether CEO: “We’re Approaching $15 Billion Profit This Year”
TL;DR: Tether forecasts around $15 billion in profit this year, nearing a $500 billion valuation. The firm is in talks with investors like SoftBank and Ark
news (Latest Publications)
WazirX Restarts Operations After Temporary Shutdown
WazirX, India’s leading crypto exchange, announced the full restoration of its platform operations after a temporary shutdown earlier this week. The update was confirmed by WazirX
Ripple Completes Hidden Road Deal, Rebranding It as Ripple Prime
TL;DR: Ripple finalizes a $1.25 billion acquisition of Hidden Road, rebranding it as Ripple Prime. Ripple Prime strengthens the company’s institutional crypto and brokerage offerings. Analysts
U.S. sentences FireBunnyUSA members over $7.9M crypto laundering case
U.S. authorities have sentenced several members of the FireBunnyUSA group after uncovering a multimillion-dollar cryptocurrency laundering scheme tied to dark web drug operations. According to the
Tether’s AI Arm Launches Genesis I: The Largest Synthetic Dataset Ever Built
TL;DR: Tether Data launches Genesis I, a synthetic dataset designed to democratize access to AI and STEM research. The dataset combines multi-source data to train AI
USDT-Focused Chain ‘Stable’ Reaches $825M Liquidity Goal Within a Day
Stable, a newly launched blockchain dedicated to USDT transactions, announced that it reached its $825 million liquidity target within just 24 hours of launch. According to
Dormant Bitcoin Miner Wallet Moves $16.6M After 14 Years — What’s Behind the Sudden Wake-Up?
TL;DR: A Bitcoin wallet dormant since 2010 transferred $16.6M worth of BTC this week. Analysts suspect quantum computing fears or wallet security upgrades prompted the move.
Zepz Partners Launches USDC Transfers Through Sendwave Wallet
Zepz, the parent company of WorldRemit and Sendwave, announced today the launch of USDC transfers via the Sendwave Wallet, expanding access to stablecoin payments for users
Spark Allocates $100M of Reserves to Superstate’s USCC Fund
TL;DR: Spark deposits $100M into Superstate’s USCC Fund to strengthen revenue diversification. The move follows declining U.S. Treasury yields impacting DeFi returns. Superstate’s tokenized fund offers
AMINA Bank, Tokeny Launch Regulated Platform for Institutional Tokenization
TL;DR: AMINA Bank and Tokeny partner to create a compliant infrastructure for institutional asset tokenization. The alliance merges Swiss-regulated custody with blockchain-based ERC-3643 compliance. The platform
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