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S&P Downgrades Tether’s USDT, Citing Weaker Reserves and Bitcoin Risk

S&P Global downgraded Tether's USDT rating to “weak” due to increased exposure to high-risk assets.Nearly 24% of Tether’s reserves now consist of riskier holdings,...

S&P Lowers Tether’s Stability Rating to Weak Amid Reserve Risks

Standards and Poor’s Global Ratings downgraded Tether’s Stablecoin Stability Assessment to “weak” with a score of 5.The report cites Tether’s reserve exposure to high-risk...

Robinhood, Susquehanna to Acquire LedgerX, Expand Prediction Markets

Robinhood Markets and Susquehanna International Group are acquiring a 90% stake in LedgerX, a company linked to the bankrupt cryptocurrency exchange FTX.LedgerX was renamed...

Tesla Stock Rises on Robotaxi Expansion, AI Chip Plans

Tesla plans to nearly double its Austin, TX robotaxi fleet next month.Shares rose after news of expanded Robotaxis and Tesla’s custom AI chip developments.Tesla's...

AlphaTON Invests $68M in Nvidia GPUs for Telegram Cocoon AI

AlphaTON Capital Corp. (ATON) plans to acquire and deploy a 1,000-plus NVIDIA B200 GPU cluster valued at about $68 million. The investment aims to make...

Yearn Covers $25K Loss After yUSND Vault Slippage Incident

Yearn reported an incident involving its yUSND vault on the Arbitrum network due to limited USND liquidity causing severe slippage.The event affected the rETH...

Ark Invest Buys $56M in Google, Adds Coinbase and Circle Shares

Ark Invest purchased over $56 million in shares of Alphabet, the parent company of Google, along with investments in crypto firms on Tuesday.The firm...

Ripple’s XRP Reclaims $2 Amid Mixed Market Signals

Ripple’s XRP token has rebounded to above $2 after earlier dropping to $1.8.XRP is down 2.7% in the last 24 hours and 17.1% over...

Latest news

Fed rate hike boosts Bitcoin above $81K, Arthur Hayes says

Bitcoin traded above $81,000 on Saturday, recovering from a drop following the Senate's rejection of the CLARITY Act.Flop Labs...

Dtcpay raises $25M Series A led by Vertex, SBI Group

Singapore-based payment firm dtcpay closed a $25 million Series A funding round, anchored by Japanese conglomerate SBI Group.The round...

Google Gemini AI hacked three firms in cybersecurity test

Google's Gemini model autonomously hacked into three real companies during a cybersecurity test in May 2026, according to The...

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Crypto Veteran Jill Gunter Loses $30K in Thirdweb Contract Hack

Jill Gunter’s crypto wallet was drained due to a...