Join the CryptoPress Newsletter

Get exclusive market insights, Web3 alpha, and curated crypto intelligence delivered directly to your inbox.

No spam. Unsubscribe at any time.

Skip to main content

Author: CryptoPress

Tether Completes First Full Audit by KPMG With Unqualified Opinion on 2025 Financials

KPMG U.S. issued an unqualified opinion on Tether International’s full 2025 financial statements. Audited reserves exceeded liabilities by $6.814 billion as of Dec. 31, 2025. KPMG physically counted and inspected every gold bar in Tether’s holdings. CEO Paolo Ardoino described the milestone as a defining moment for the stablecoin industry. Stablecoin giant Tether announced on Aug. 13 that KPMG U.S. has completed a full independent audit of...

Cryptocurrencies, News, Stablecoins

Continue reading

Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs

Goldman Sachs has agreed to acquire NEOS Investments in a cash-and-equity deal valued at up to $2.25 billion, subject to performance targets. The transaction adds NEOS’s $30 billion in options-based income ETFs, including bitcoin and ether high-income products, to Goldman Sachs Asset Management. NEOS’s flagship Bitcoin High Income ETF (BTCI) holds roughly $1.1 billion in assets and uses a covered-call strategy on bitcoin ETPs. The...

Bitcoin, Cryptocurrencies, ETF, News

Continue reading

Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion

Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 at an average price of $64,262 Bitcoin holdings fell to 840,447 BTC with an average acquisition cost of $75,385 The firm raised $653.1 million via MSTR share sales and added $650 million to its USD reserve, reaching $4.65 billion BTC sale proceeds funded the repurchase of 1,152,020 STRC preferred shares Bitcoin treasury company Strategy sold 1,690 BTC...

Bitcoin, Cryptocurrencies, News

Continue reading

Harmony Confirms Unauthorized Mint of 4 Billion ONE Tokens as Price Crashes Over 30%

Harmony confirmed an exploit that allowed unauthorized minting of approximately 4 billion ONE tokens, equal to about 26% of the existing supply. ONE price dropped as much as 40% in Asian trading, briefly hitting an all-time low near $0.00057 before recovering partially. Roughly 2.8 billion newly minted tokens moved to exchanges; the team is coordinating freezes and evaluating a potential chain rollback. Harmony confirmed on Wednesday that...

Cryptocurrencies, Hacks, News

Continue reading

Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI

Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday. Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF

Continue reading

© Cryptopress. All rights reserved.