Tether Claims 'Largest Inaugural Financial Audit' as KPMG Signs Off on 2025 Statements
Tether said KPMG gave its 2025 financial statements a clean opinion, a milestone for the company after years of questions about the reserves backing USDT.
Latest news
Older stories
UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF
Bitcoin Magazine UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF The Swiss bank has quietly upped its position in the popular Bitcoin fund since 2024. This post UBS Ups Bitcoin Position, Buys More Shares in BlackRock’s ETF first…
Tether Clears First Full Audit as KPMG Issues Unqualified Opinion on 2025 Statements
The stablecoin giant's reserves exceeded liabilities by $6.81 billion.
Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts
The company retired $3.5 million of principal for $2.3 million while issuing about 478,000 shares to fund operating costs.
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long-promised financial audit.
White House Lets Private Firms Hack Cybercriminals—At Their Own Legal Risk
President Donald Trump signed a memorandum Tuesday that lets vetted U.S. companies carry out offensive cyber operations against foreign criminal networks. Here's what the program actually authorizes.
Tether USDT Gets Largest Audit in History, But One Key Number Has Fallen 40%
KPMG gave Tether a clean 2025 audit, but the $6.8 billion cushion it verified has since fallen 40% to $4.11 billion.
Bitcoin Mining Stocks Rise as Industry Chases AI Infrastructure
While Riot, Hut 8, and Core Scientific printed strong gains, Bitdeer, Argo, and Canaan are down 20%, 24%, and 71% YTD.
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and prediction markets.
Tether gets unqualified KPMG opinion in first full audit
Tether has completed its first independent financial statement audit, with KPMG U.S. issuing an unqualified opinion after reviewing its 2025 accounts and a reported $6.814 billion reserve surplus. Tether said Thursday that KPMG U.S. conducted the audit of Tether International,…
Citigroup CEO Fraser on Clarity Act: ‘We would like to see a good bill go through,’ as stablecoin reward issues simmer
Citigroup CEO Jane Fraser says she would like to see a crypto bill passed into law, even as she and others continue to fight for changes.
Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
The Blockchain Association is urging the Supreme Court to take up Custodia’s case, saying that broad Fed power over “master accounts” could be used to push crypto firms out of the banking system.