Crypto News
Former OpenSea Manager Has Conviction Overturned in First-Ever Crypto Insider Trading Case
Former OpenSea product manager Nathanial Chastain was convicted in 2023 of wire fraud and money laundering for profiting off inside information on NFT listings.Source link
Tether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation
BDO Italia’s independent attestation report verifies Tether International held $162.57 billion in assets against $157.11 billion in liabilities as of June 30, 2025, confirming excess reserves of $5.47 billion backing its USDT stablecoin. Tether Assets Reach $162.5B, Backing $157.1B in USDT Liabilities Tether International Limited’s Q2 2025 attestation, conducted by global accounting firm BDO, validatesSource link
Bitcoin Whales Bought 1% of Circulating BTC Supply in Past 4 Months
Bitcoin whales accumulated nearly 1% of circulating BTC supply in recent months while diversifying into other crypto assets amid mixed market signals.Source link
$MBG: Utility Token of MultiBank Group Now Live on LBank
This content is provided by a sponsor. LBank has officially listed $MBG, the utility token of global financial conglomerate MultiBank Group, at 09:00 UTC on July 29, 2025. The MBG/ USDT trading pair is live in the Innovation Zone. Founded in 2005, MultiBank Group is a regulated financial ecosystem with over 25 offices worldwide andSource link
Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins
Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday.The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It is also adding the euro-backed EURC, issued by Circle Internet (CRCL), giving partners access to settlement in both U.S. dollars and euros.Two new blockchains, Stellar (XLM) and Avalanche (AVAX), will join Visa’s existing support for Ethereum (ETH) and Solana (SOL). With the additions, the firm's settlement platform supports four stablecoins, including USDC, across four blockchains.The update comes as stablecoins gain traction among payment providers, fintechs and banks seeking faster cross-border transactions. A giant in traditional payments, Visa was an...