
Tether Posts $1.5 Billion Q3 2026 Profit as Excess Reserves Approach $8 Billion
The stablecoin issuer reported quarterly net operating profit of $1.5 billion and said its reserve buffer nearly doubled to close to $8 billion.
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Bitcoin, exchanges, trading, and digital assets.
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The stablecoin issuer reported quarterly net operating profit of $1.5 billion and said its reserve buffer nearly doubled to close to $8 billion.
Attackers behind the Binance breach converted stolen stablecoins into Ether via Aave, while Tether and Circle moved to block billions in assets.
Crypto-linked equities fell sharply after Binance disclosed a multibillion-dollar breach, with Coinbase, Circle and Strategy among the hardest hit.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say a multibillion-dollar Binance breach is unlikely to stall the crypto market's recovery.
Binance says it reserved its own funds to cover a $6.3 billion hack, while stablecoin issuers froze billions. Experts question whether victims will recover the losses.
Security researchers say a 2025 Ethereum upgrade did not cause the Binance hack but may have helped attackers sidestep withdrawal protections.
Chainalysis data shows the region as the world's fastest-growing crypto market, with stablecoins driving cheaper cross-border payments across Africa.
Binance says it has reserved more than $6.34 billion of its own funds to cover user losses after a hack, with roughly $3 billion in stolen assets frozen.
THORChain's RUNE token gained more than 13% after on-chain investigator ZachXBT linked stolen Binance funds to the cross-chain protocol.
Attackers behind the suspected $6.3 billion Binance breach deposited $60 million in USDT on Aave to borrow wrapped Ether before the protocol froze hundreds of markets.
Binance says it is probing a possible security breach after on-chain data showed large asset flows to new wallets, with reports citing figures between $5.8 billion and over $6 billion.
Utah has brought criminal charges and a civil suit against Kalshi over its sports and event contracts, as federal and state authorities clash over jurisdiction.
Google Cloud is developing a custody service called Google Multi-Party Compute, splitting private key control across environments to help banks secure digital assets.
Singapore police say at least two cases involving compromised Ledger hardware wallets have led to losses of roughly $2.7 million since September 10.
Bitcoin Core developers disclosed three vulnerabilities found by an AI code scan, including one that let attackers remotely crash nodes on Windows, macOS, and BSD.
The Depository Trust & Clearing Corporation has gone live with a tokenisation platform spanning 34 securities, with JPMorgan, Citi and Morgan Stanley among 20 firms signed up.
The Nasdaq-listed company said it has been unable to withdraw Bitcoin from exchange Biconomy since June 2026 and will restate four financial reports.
Seven more firms have objected to a joint venture between OKX and Intercontinental Exchange to trade tokenized versions of their shares, raising the total to 33.
South Korean exchange Bithumb says an attacker breached an internal employee mobile system and stole personal information, the latest third-party-linked incident to hit crypto firms.
Four more firms have objected to the OKX-ICE plan to offer tokenized versions of U.S.-listed shares, raising the number of opposing companies to 26.
Faida Unit Trust Funds says it stays out of crypto because regulated schemes cannot trade unregulated products under Capital Markets Authority rules.
The NBA has partnered with Kalshi and Polymarket and signed a cooperation agreement with the CFTC as scrutiny over prediction-market integrity grows.
FINMA has cleared Switzerland's first retail spot Bitcoin ETF, classifying it as a high-risk alternative fund and waiving standard diversification rules.
Blockchain security firm Hacken says crypto theft climbed to $1.18 billion in the third quarter of 2026. Here are on-chain checks buyers can run before purchasing a new token.
A senior ABSA Bank Kenya executive says the lender's digital-asset custody service is set to grow into additional offerings, as ABSA Group becomes the first African bank to offer institutional crypto custody.
Solana Company was selected under Hong Kong's OASES programme and plans to set up Solana validator operations in the city.
Traders on Bitget are valuing Reliance's Jio Platforms above its IPO price band through a pre-listing futures contract, as crypto venues expand into price discovery for traditional assets.
Robinhood says prediction-market contracts tied to Bitcoin, gold and crude oil are among its fastest-growing products as traders shift from sports and elections toward financial markets.
The crypto wallet is letting U.S. users trade event contracts in-app, funded through its dollar-pegged CASH stablecoin, while restricting some markets in three states.
The Central Bank of Ireland penalized Coinbase Ireland roughly $3.6 million, the exchange's second regulatory hit in Ireland in the past year.