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Tether Made $1.5 Billion in Q2 and Its Reserve Cushion Still Halved
- Tether generated $1.5 billion Q2 operating profit despite heightened crypto and macro market volatility.
- USDT reserves exceeded liabilities by $4.11 billion, reinforcing Tether's reserve strength.
- Tether added 14 tons of gold while reducing secured lending exposure by 15%.
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The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans
- Micropayments died since the 1990s on cognition, not technology.
- x402 removes the human, not the friction, from the decision.
- Average x402 payment is 32 cents, not a fraction of a cent.
Tokyo Firm Liquidates Part of Ethereum Treasury to Fund AI Data Centers
- Quantum Solutions raised its ETH sale cap from 1,875 to 4,375 tokens.
- Subsidiary GPT Pals Studio sold 1,000 ETH at $1,903 on July 30.
- Proceeds will support the firm's AI data center business, including GPU purchases.
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XRP Flashes 2 Bullish On-Chain Signals Heading Into August
- XRP withdrawal transactions hit 55.6% on Binance, the highest share since February 2021.
- Monthly Binance inflows fell to 3.6 million XRP, an all-time low per an analyst.
- August ranks as XRP's flattest month, and ETF inflows stalled through July.
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See MoreColdcard Bitcoin Theft Ongoing: Is Your Wallet Affected?
- Coldcard theft is ongoing, draining 594.48 BTC from multiple devices.
- Predictable device IDs and boot timing let hackers rebuild private keys.
- Firmware updates cannot fix old seeds; users must migrate funds now.
Fake XRP Staking Scheme Stole $19 Million: Three Suspects Arrested
- Seoul police arrested three suspects behind a fake XRP staking scheme worth $19 million.
- The fraudulent site promised monthly returns of between 1.5% and 1.8% for staking XRP tokens.
- XRP trades at nearly four times Bitcoin's volume across South Korea's leading exchanges
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Stablecoin Banking Competition Expands Beyond Settlement
- Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
- Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
- Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
ETH/BTC Ratio Hits 3-Month High: But Don’t Count on Altcoin Season Yet
- ETH/BTC ratio topped 0.030 as Bitcoin dominance climbed alongside it, not against it.
- Smaller altcoins' combined market share fell 2.2 percentage points in a month.
- Altcoin sell pressure outside BTC and ETH ran for 15 straight months through mid-June.






