Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.
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Google and OpenAI Debut Super Fast AI Models—Gemini 3.7 Flash Is Out, But GPT-5.6 Sol Ultrafast Is Invite-Only
Google's model is live and built for cheap agents; OpenAI's is quicker but locked behind a waitlist.
Ethena taps FalconX for institutional stablecoin lending
Ethena has appointed FalconX as an institutional lending partner, adding an overcollateralized stablecoin credit facility to the assets backing its synthetic dollar business. Ethena said in an Aug. 14 announcement that the agreement will place stablecoins into overcollateralized lending arrangements…
Tether says KPMG issued ‘clean’ opinion in first full audit of USDT issuer’s financials
KPMG U.S. issued an "unqualified audit opinion" on Tether International’s full 2025 financial statements, Tether said Thursday.
Baltimore sues Kalshi and Polymarket, roping Coinbase, Robinhood and Webull into the fight
Mayor Brandon Scott and the Baltimore City Council sued Kalshi, Polymarket and major trading platforms over alleged illegal sports betting.
Google ad phishing scam drains $550,000 from Hyperliquid user, security specialist says
In April, crypto security nonprofit Security Alliance (SEAL) said it had blocked 356 malicious Google ad URLs over a period of several weeks.
Ethereum L1 drops Poseidon in post-quantum move
Ethereum Foundation researcher Justin Drake has said the network’s layer 1 will leave Poseidon after an eight-year, eight-figure research effort and pursue established hash functions such as SHA-2 or BLAKE2s. Ethereum L1 turns away from Poseidon Justin Drake said in…
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.
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.