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Tether completes first full financial audit, receives clean KPMG opinion

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KPMG’s audit covered Tether’s 2025 financial statements and found its reserves exceeded liabilities by $6.8 billion.

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Coin Market

Ethereum Foundation pivots away from Poseidon in post-quantum plan

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Advances in compact proofs have erased Poseidon’s previous performance advantage, according to researcher Justin Drake.

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Coin Market

City of Baltimore goes after prediction markets for sports betting

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The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.

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Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea

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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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