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Q1 2025 audit shows excess reserves down to $5.6 billion from $7 billion. Tether’s reserves are managed by Cantor Fitzgerald, raising scrutiny over potential conflicts. Competitor World Liberty Financial, backed by the Trump family, also plans to launch a stablecoin.... 
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Spark, a bitcoin L2 platform fully compatible with the Lightning Network, has launched on mainnet. Promoted as “the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on bitcoin,” the network enables a series of use cases... 
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Kraken’s security team thwarted a sophisticated infiltration attempt by a North Korean hacker posing as a job applicant. By carefully advancing the candidate through its recruitment process, Kraken identified a larger network of fake identities tied to state-sponsored... 
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Andreessen Horowitz’s A16z crypto reports stablecoin volumes soaring to $1.82 trillion, igniting a payments revolution and accelerating adoption of instant, low-cost global finance infrastructure. $1.82 Trillion Stablecoin Explosion Sets off Payment Revolution in... 
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Ripple’s $5 billion acquisition bid was reportedly snubbed as one expert says Circle is eyeing a $10 billion IPO amid bullish momentum and favorable crypto regulation. Ripple’s Acquisition Bid Rejected? Expert Suggests Circle Has $10B IPO in Its Sights Attorney John... Translate »
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