Author: CryptoPress
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...
Goldman Sachs Agrees to Acquire NEOS for Up to $2.25 Billion, Adding Bitcoin and Ether Income ETFs
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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...
Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion
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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...
Harmony Confirms Unauthorized Mint of 4 Billion ONE Tokens as Price Crashes Over 30%
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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...
Bitcoin Holds Firm Above $65,000 as ETF Inflows Counter Strategy Sales Ahead of CPI
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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...

