Tether’s third-quarter attestation for 2024, led by auditor BDO, highlights record profit levels, reserve expansion, and substantial U.S. Treasury holdings. Tether’s Q3 Performance Ranks Among Top U.S. Treasury Holders In its latest attestation, Tether Holdings Limited reports a third-quarter net profit of $2.5 billion, pushing its nine-month consolidated profit to $7.7 billion. The report, prepared […] Source: https://news.bitcoin.com/inside-tethers-14-2b-equity-peak-key-takeaways-from-the-q3-attestation/
Category: News
Sonic SVM tops $50M in Solana staking, announces new partnerships
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem. Source: https://cointelegraph.com/news/sonic-svm-tops-50m-solana-staking-new-partnerships?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
13:10 / 28:11 • Thoughts on crypto? Roland Emmerich Chats New Sci-Fi Show 'Space Nation,' Bitcoin, and AI
Roland Emmerich and Marco Weber join Decrypt to discuss their in development TV show based on crypto game ‘Space Nation Online.’ Emmerich, who will executive produce the upcoming series, is known as the director of Independence Day, The Day After Tomorrow, Stargate, and 2012. As such, many have nicknamed him the ‘master of disaster.’ Joining him as executive producer is…
British Businessman’s Claim Sparks Controversy in Bitcoin World
A recent press conference in London has once again sparked debate over the identity of Satoshi Nakamoto, the mysterious inventor of Bitcoin. British businessman Stephen Mollah took the stage at the Frontline Club on October 31, 2024, to claim that he is Nakamoto, timing the announcement with the 16th anniversary of Bitcoin’s whitepaper release. Facing significant legal pressures, Mollah stated,…
Institutional investments in Solana blockchain DApps up 54% in Q3
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report. Source: https://cointelegraph.com/news/institutional-investments-solana-dapps-54-percent-q3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
From Sidechain to ZK: Merlin Chain Pioneers Transformation in the Bitcoin Ecosystem
PRESS RELEASE. Since its inception, Merlin Chain has adeptly leveraged its technical strengths and flexible strategies to foster innovation within the Bitcoin ecosystem. With a robust community foundation spanning areas such as BRC-20, BRC-420, Blue Box, and Bitmap Game, Merlin is evolving from a Bitcoin sidechain to a ZK Layer 2 solution, unlocking significant potential […] Source: https://news.bitcoin.com/from-sidechain-to-zk-merlin-chain-pioneers-transformation-in-the-bitcoin-ecosystem/
DOJ Alleges Gotbit Founder Made ‘Tens of Millions’ on Wire Fraud in Indictment
The U.S. Department of Justice (DOJ) has indicted the founder and CEO of cryptocurrency “market maker” Gotbit on charges of wire fraud and conspiracy to commit market manipulation and wire fraud. According to a DOJ press release, Aleksei Andriunin was charged in a superseding indictment, which also charged Gotbit and his fellow co-founders Fedor Kedrov and Qawi Jalili, who were…
Tether to launch dirham-pegged stablecoin on TON
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch. Source: https://cointelegraph.com/news/tether-dirham-stablecoin-launch-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NFT Developers Plead Guilty to $400,000 ‘Rug Pull’, Laundering and Wire Fraud
One NFT developer has been found guilty and another has pleaded guilty to a U.S. court to conspiracy to commit wire fraud as well as money laundering, in relation to a NFT “rug pull” worth $400,000. This comes following the sale of three NFT collections on Solana called “Undead Apes,” “Undead Lady Apes,” and the partial sale of “Undead Tombstone.”…
TON Foundation launches new Society DAO governance model
The newly launched Society DAO aims to address a wide range of issues related to decentralization and fair access to capital in the TON ecosystem. Source: https://cointelegraph.com/news/ton-foundation-new-governance-model-society-dao?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound