Tether says it generated over $10B in net profits in 2025, down from $13B+ in 2024, and says it holds $193B in assets backing the $186B USDT in circulation
Partner offers — Quick Take — The stablecoin issuer now holds $193 billion in assets backing the $186 billion USDT in circulation, primarily in U.S. Treasuries.
Binance says it will convert $1B in stablecoin reserves held in its SAFU into bitcoin over the next 30 days, as BTC falls to its lowest level since November
Partner offers — Quick Take — Binance announced that it will turn its $1 billion SAFU fund into bitcoin over the next 30 days …
PayPal survey in October 2025: 40% of merchants already accept crypto, led by large enterprises, 85% expect crypto payments to be commonplace by 2030, and more
Partner offers — Quick Take — Four in 10 surveyed merchants said they already accept crypto at checkout …
Crypto payments network Mesh raised a $75M Series C led by Dragonfly at a $1B valuation, bringing its total funding to $200M
Partner offers — Quick Take — Mesh raised $75 million in a Series C funding round led by Dragonfly Capital, valuing the crypto payments startup at $1 billion.
Entropy, a decentralized crypto custodian that raised a $25M seed led by a16z in June 2022, is shutting down after “several pivots, and two rounds of layoffs”
Partner offers — Quick Take — Entropy founder Tux Pacific announced the crypto startup is shutting down after four years …
BitGo closed up ~2.7% at $18.49 per share in its NYSE debut on Thursday which saw shares jump as much as 36% intraday, after raising $212.8M in its IPO
Partner offers — Quick Take — Investors briefly bid shares well above the IPO price before the market snapped back near the $18 offering level.
Superstate raised an $82.5M Series B to expand from tokenized Treasury offerings into SEC-registered equities on Ethereum and Solana
Partner offers — Quick Take — Superstate has raised $82.5 million in a Series B funding round led by Bain Capital Crypto and Distributed Global.
Neynar, a startup focused on decentralized social media infrastructure, is acquiring Ethereum-based social media project Farcaster from R&D firm Merkle
Partner offers — Quick Take — Decentralized social media infrastructure firm Neynar is acquiring Farcaster …
Portugal orders Polymarket to cease operations and blocks it in the country after heavy activity tied to its recent presidential election, with €110M+ in volume
Partner offers — Quick Take — Portugal's gambling regulator has ordered prediction market platform Polymarket …
ZachXBT: a crypto user lost $282M+ in BTC and LTC in a hardware wallet social engineering scam; XMR jumped as the attacker began converting the funds to Monero
Partner offers — Quick Take — XMR hit an all-time high of $797.73 on Jan. 14, coinciding with a series …