USDT issuer Tether Holdings Limited announced information from an independent attestation about the company’s performance over the preceding quarter. Tether’s assets were evaluated by renowned accounting firm BDO Italia, as of June 30th, 2022. Tether had previously stated that it would reduce its commercial paper holdings by the

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

Monochrome Bitcoin Fund is scheduled to launch a spot Bitcoin ETF in Australia with unique regulatory approval according to the Financial Standard. The fund's custodial partner, Vasco Trustees, received the required license and additional accreditation from the Australian Financial Services (AFS) through the Australian Securities and Investments Commission

Coinbase ($COIN:Nasdaq), the most popular exchange in the U.S. for cryptocurrencies, has once again missed the mark. The exchange reported a record $1.1 billion second-quarter loss and lower-than-expected revenue. While still licking its wounds from its failure to launch a NFT Marketplace similar to OpenSea, Coinbase revealed

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

Volatility within the markets is still causing strain among cryptocurrency lenders and borrowing platforms like Hodlnaut. The Singapore-based company recently announced that all withdrawals, swaps, and deposits are currently suspended until further notice. Hodlnaut was founded in 2019 and claims to have over $250 million in assets under management along

Hackers exposed yet another weakness in the DeFi space as they drained almost $200 million in cryptocurrency from a token bridge called Nomad. Nomad commented on the exploit in a Tweet late Monday and said that they are aware of the incident and are currently investigating. Nomad has also not

CME Group, the world's leading derivatives marketplace, announced on August 4th, 2022 that it will expand its selection of derivatives products by launching a Euro-denominated Bitcoin futures product. The company will also be releasing Euro-denominated Ether futures that same day. Developed to match their U.S. dollar-denominated equivalents,