Blockchain News
Tether KPMG audit: 2025 books, not today’s USDT
Tether says KPMG U.S. gave an unqualified opinion on 2025 books, with a $6.814B surplus. That year-end print is not a live 2026 USDT reserve certificate.
Samira Okonkwo
Blockchain News
Crypto News
CFTC 26-23: prediction market incentives face real filings
CFTC Staff Letter 26-23 warns DCMs that prediction-market incentive filings are often deficient and can encourage wash-like volume chasing today.
Crypto News
CFTC emergency order: Kalshi stays open amid NY suit
The CFTC used emergency authority on Aug. 11, 2026 to order KalshiEX to keep running after New York sued the prediction-market DCM for gambling.
Crypto News
Robinhood UK crypto: Bitstamp pipe, not free lunch
Robinhood is rolling UK crypto trading via Bitstamp UK Ltd with zero trading fees. Our read: watch FX costs and Bitstamp volume, not the brochure.
Crypto News
OFAC hits Shelbit and Aban Tether for IRGC crypto rails
OFAC designated Shelbit and Aban Tether on Aug 7 for IRGC-linked crypto rails. Venue risk, secondary sanctions, and what desks should watch.
Crypto News
Circle Q2: USDC float grows as reserve yield thins
Circle’s Q2 2026 print shows $701M revenue and reserve income with $73.3B USDC in circulation, while reserve yield compression capped income growth at 5%.
Blockchain News
Circle Arc: BlackRock to Visa join founding validators
Circle named BlackRock, Visa, DTCC, Mastercard and peers as Arc founding validators ahead of a September 16, 2026 public mainnet, with BUIDL and DTCC tokenization still on the…
Blockchain News
Wells Fargo tokenized deposits join the bank rails race
Wells Fargo will launch tokenized deposits this fall for select corporate USD-GBP flows, keeping commercial bank money on-chain as banks push back against stablecoin settlement rails.
Blockchain News
Mastercard closes BVNK: stablecoin rails go institutional
Mastercard completed its acquisition of stablecoin infrastructure firm BVNK on Aug. 3, 2026. The desk's read: treat the close as a rails story, not a finished volume story,…
Blockchain News
BlackRock BRSRV: tokenized cash for stablecoin reserves
BlackRock launched BRSRV and BSTBL OnChain Shares for stablecoin reserve managers under GENIUS. SEC prospectus details, Solana and Ethereum rails, and our falsifiable adoption claim.