Tether Reports $10 Billion Profit in 2025 So Far—Here’s How That Compares to the Big Banks
Stablecoin giant Tether is making billions on its US Treasury reserves, putting it in league with some of Wall Street’s top earners. Source link
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Court Denies Crypto Bank Custodia’s Bid to Pry Master Account From Unwilling Fed
Custodia said it may request a rehearing on the matter, after a panel of judges ruled 2-1 to affirm a district court’s prior ruling denying...
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‘It’s a Really Big Deal’: Ethereum Developers Set Final Date for Fusaka Upgrade
Fusaka, which will introduce a new, efficient data-sampling method for transactions called PeerDAS, will go live in early December. Source link
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Drake, Adin Ross Sued Over ‘Deeply Fraudulent’ Promotion of Crypto Casino Stake
A class-action lawsuit accuses Drake and Adin Ross of making millions off misleading ads for Stake, a social casino alleged to be an illegal gambling...
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Warren, Sanders Blast Trump Admin for Legitimizing ‘Dangerous’ Bitcoin and Crypto 401Ks
In a letter sent to the SEC and Department of Labor, the senators warned that the Trump admin’s push to expose the $31 trillion retirement...
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Ethereum Set to Debut ‘Key to Layer-2 Scaling’ as Fusaka Upgrade Clears Final Test
Ethereum’s Fusaka upgrade, set for December 3, will introduce a long-anticipated system for making layer-2 transactions even cheaper and more efficient. Source link
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Senators Warren, Schiff Push Resolution Denouncing Trump Pardon of Binance Founder
The senators took issue both with the Binance founder’s failure to implement anti-money laundering measures at the crypto exchange, and Binance’s ties to the Trump...
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Betting Scandals Are Rocking Sports. Will Prediction Markets Help or Hurt?
Government regulators and legal experts warn that insider trading could proliferate in professional sports as wagers migrate to prediction markets. Source link
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Trump Picks SEC Crypto Task Force’s Mike Selig to Run CFTC: Report
Selig, chief counsel for the SEC’s pro-crypto task force, is the president’s latest choice to run the CFTC, according to a Bloomberg report. Source link
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Big Gaps Remain After Crypto Execs Meet With Senators on Market Structure Bill
Senate Democrats and Republicans remain far apart on timeline and other key issues after flashy meetings with crypto leaders on Wednesday. Source link
