Stablecoin giant Tether has released its Q2 2025 attestation, revealing $127 billion in holdings of U.S. Treasuries and a net profit of $4.9 billion for the quarter. The report, completed by global accounting firm BDO, confirms the company’s asset backing for its USDT stablecoin and shows continued momentum in Tether’s global expansion. As of June…
Circle Internet Group, Inc. (NYSE: CRCL) has announced that its native USDC and Cross-Chain Transfer Protocol (CCTP) V2 will soon launch on Hyperliquid, a trading platform designed for decentralized finance. Native @USDC and CCTP V2 are coming soon to @HyperliquidX. What native USDC brings: A regulated, fully reserved stablecoin, redeemable 1:1 for US dollars Institutional…
Key Takeaways: A Deloitte survey shows 23% of North American CFOs expect to integrate cryptocurrency into treasury operations by 2027. Beyond financial use, crypto adoption could reshape corporate governance, vendor management, and workforce skill requirements. Stablecoin regulation and CBDC rollouts may influence whether crypto becomes a mainstream corporate settlement mechanism. Nearly a quarter of chief…
Crypto-related lawsuits in the United States have surged dramatically in 2025, with six cases filed during the first half of the year approaching the total of seven lawsuits recorded throughout all of 2024, a new report from Cornerstone Research indicates. According to Cornerstone’s July 30 “Securities Class Action” report, the six cryptocurrency-related legal filings in…
Bolivia’s Central Bank has signed a memorandum of understanding with El Salvador’s National Commission of Digital Assets to promote crypto development, marking a dramatic policy reversal for a nation that previously banned virtual assets and now calls them a “reliable alternative” to traditional currencies. The cooperation agreement enables mutual information exchange and knowledge sharing on…
In an interesting twist to the massive hack of Indian crypto exchange CoinDCX, police have found evidence of possible insider involvement. An employee was arrested on suspicion of involvement in the fraud. Per local reports, hackers exploited login credentials of a CoinDCX tech employee to siphon $44 million in crypto. The employee, Rahul Agarwal, works…
Robinhood on Wednesday delivered another strong quarter as surging crypto activity and the integration of Bitstamp helped the trading platform exceed Wall Street’s expectations. The company’s earnings point to its rising influence in the digital asset market and its push to diversify beyond retail trading. For the second quarter of 2025, Robinhood reported revenue of…
South Korean prosecutors probing the former President Yoon Suk-yeol and the former First Lady Kim Keon-hee have interrogated the suspected crypto fraudster Jon Bur Kim (real surname Park). Park, a crypto market maker and luxury sports car collector, has been indicted for crypto fraud. Prosecutors think he issued and manipulated two so-called “scam coins,” and…
Key Takeaways: International competition from Singapore and the U.S. could pressure Hong Kong to accelerate its regulatory adaptation. Hong Kong’s digital asset expansion may depend on integrating cross‑border trade finance and infrastructure projects into tokenization frameworks. Global standard‑setting bodies like FATF and IMF will influence how Hong Kong positions its stablecoin and tokenization initiatives. Hong…
Bitcoin’s price movements in late July 2025 have revived debate over whether the crypto bull market is slowing or simply pausing. Trading near $118,000 on July 30, Bitcoin remains close to its all‑time high of around $123,000, but has shown reduced momentum in recent sessions. Meanwhile, Ethereum is holding near $3,800 after a July surge…