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Tether claims $1.5B profit, but hidden math reveals a $4.2B hit that halved its safety cushion in 90 days

Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a...

Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3...

If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k

Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in...

The next DeFi drain could come from legacy contracts everyone forgot

The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product path, unsupported by...

Trump Cancels Iran Attack Plan Hours After Threatening Strike Overnight

0 US President Donald Trump claimed he canceled planned US airstrikes and bombing against Iran after negotiations with Iran reached the highest level and received...

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