StablecoinsTether Earns $1.5B in Q3
BDO attestation: Tether's Q3 operating profit hit $1.5B, excess reserves rose to $7.95B, with $132.4B in US Treasury bills.
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MarketsICE to bring Hyperliquid futures to the US, HYPE up to 20%
ICE and Trade[XYZ] plan regulated Hyperliquid perpetuals for US retail traders. HYPE rose 13-20% in a day.
SecurityBinance loses $6.3 billion in record hack
Binance was hacked for $6.3 billion. Bitcoin lost about 3%, crypto stocks fell harder, and regulators are talking about oversight.
InstitutionalStrategy and Bitmine Choose Share Buybacks Over Crypto Purchases
Strategy skipped a week of bitcoin buying and spent $204.9M on STRC buybacks. Bitmine added ETH but sent more cash back to its own shareholders.
BitcoinGalaxy Research Says the Bitcoin Bear Market Ended in June
Galaxy's Alex Thorn argues Bitcoin bottomed in June and tells investors to buy. We break down the report's numbers and the level that would break his thesis.
InstitutionalAviva Investors Launches Tokenized Share Class of $29B Fund on XRP Ledger
Aviva tokenized a share class of its Sterling Liquidity Fund on XRP Ledger and put in 50M pounds. How it works and how big it is.
MarketsBitcoin below $80,000 ahead of Fed and ECB decisions
Bitcoin slipped to $79,800 before the Fed meeting. The week ahead: Fed, ECB and BOJ rates, Coinbase and Strategy earnings, and the $82,500 level.
SecurityKeystone breach exposes hardware wallet buyers' addresses
A website flaw let an outsider see Keystone buyers' names, contacts and addresses. Customers ask about data the maker promised to delete.
Institutionala16z drops crypto from its fund name
Andreessen Horowitz renamed its crypto fund a16z Frontier, adding AI, autonomous machines and biology to its mandate.