Tether posts $1.5B Q3 profit as reserve buffer nears $8B

Tether has reported $1.5 billion in third-quarter net operating profit while rebuilding its excess reserves to nearly $8 billion, almost twice the cushion it held three months earlier. Tether’s Oct. 30 announcement put total reserve assets at $191.45 billion as…
Read it in your languageMachine translation by Google of the publisher's page
More in Business
From the blog
Crypto Markets Stumble Following Binance Breach, BNB Slides 8%
Cryptocurrency markets faced heavy losses and $1.5 billion in liquidations following a major security breach at Binance, which saw an…
RUNE Surges Following Binance Hack Funds Movement Through THORChain
THORChain's native token RUNE surged over 13% to reach $0.67 after analysts traced funds linked to a massive $6.3 billion…
Binance Exploit Reveals How Ethereum Permission Cost $2.5 Billion
A massive Binance exploit reveals how an attacker allegedly leveraged Ethereum EIP-7702 authorization to drain approximately $2.5 billion from a…









