Crypto

Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows. Stablecoin-issuer Tether has become the 18th-largest holder of United States Treasurys globally, surpassing the holdings of South Korea, according to a recent attestation report.  On Thursday, Tether said in its attestation report for the second quarter of 2025 that it holds $127 billion in US Treasury bills. The company said it has $105.5 billion in direct US Treasury exposure and $21.3 billion held indirectly.  Tether’s current holdings show a $7 billion increase from the first quarter. On May 19, the stablecoin issuer reported having $120 billion in T-bills, overtaking Germany’s holdings to take the 19th spot.  Read more

THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra. The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions.  In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera network and will be powered by artificial intelligence. An SSI platform allows users to issue, manage and verify credentials securely without the need for centralized authorities.  The launch comes as governments and enterprises accelerate digital identity programs, including the Swiss e-ID initiative and the European Union’s eIDAS 2.0 regulation.  Read more

Discussions with investors show a growing focus on the tokenization of real world assets, including stocks, bonds, and real estate.

Brian Armstrong, Sam Bankman-Fried, Sam Altman, and many other tech leaders have had their Spotify accounts leaked.

Bitcoin mining power consumption surged 112% to 33 gigawatts over 17 months while network transactions hit 2-year low and fees comprise less than 1% of block rewards. The post Bitcoin Mining Power Use Jumps 112% to 33 Gigawatts as Network Transactions Hit 2-Year Low: GoMining appeared first on Cryptonews.

In addition to the weak July number, June's and May's originally reported strong job growth were revised sharply lower.

Andreessen Horowitz (a16z) is urging U.S. lawmakers to revisit a draft crypto regulation bill, warning that the current proposal could open legal loopholes. The post VC Firm Andreessen Horowitz Flags Gaps in Draft Crypto Bill appeared first on Cryptonews.

Galaxy Digital surveys the daily rush of new crypto treasury companies: What could possibly go wrong?

Despite the price drop, BNB is seeing growing corporate adoption, with several companies announcing plans to invest hundreds of millions of dollars in BNB.

In just 20 days, USDe added over $3.1B in supply, eclipsing inflows into BlackRock’s IBIT and ETHA combined. Reflexive market dynamics and rising yields are fueling the stablecoin’s explosive growth.

Assetera’s new API lets crypto exchanges offer tokenized stocks and bonds across Europe without a license.

The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to help fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of 2027. The shares will offer up to a 6% annual dividend, depending on market conditions and investor demand. “The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” it said. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.” Read more

Your day-ahead look for Aug. 1, 2025

"We can't and won't stand for it," said Coinbase Chief Legal Officer Paul Grewal as the crypto exchange filed an opposition brief.

Market sentiment has shifted against ether, with downside insurance premiums costlier than for bitcoin.

The platform lets users generate entire episodes from prompts or photos, with Amazon betting on a new mode of storytelling.

A software engineer working for CoinDCX has been arrested for alleged involvement in the breach after hackers allegedly exploited his credentials to siphon funds to six wallets.

Solana, XRP, and Dogecoin are experiencing sharp downturns as investor sentiment turns cautious, Decrypt was told.

Bitcoin-backed yield products may appeal to retirees seeking alternative income, but only if structured with safeguards, sources told Decrypt.

XRP edged out Ethereum in Coinbase’s Q2 retail revenue even as ETH regained ground from a weaker first quarter.