Stablecoin issuer Tether is reportedly engaging with a Big Four accounting firm to audit its assets reserve and verify that its USDT (USDT) stablecoin is backed at a 1:1 ratio. Tether CEO Paolo Ardoino reportedly said the audit process would be more straightforward under pro-crypto US President Donald Trump. It comes after rising industry concerns…
Mar 20, 2025; Wichita, KS, USA; Gonzaga Bulldogs guard Khalif Battle (99) shoots in the first half of a first round men’s NCAA Tournament game against the Georgia Bulldogs at Intrust Bank Arena. Mandatory Credit: Nick Tre. Smith-Imagn Images Khalif Battle recorded 24 points and eight rebounds as eighth-seeded Gonzaga trampled ninth-seeded Georgia 89-68 on…
US President Donald Trump wants to make his country a “Bitcoin superpower,” but the question remains as to who he is competing against. Speaking at Blockwork’s Digital Asset Summit on March 20 to a crowd of crypto industry executives and observers, he said, “Together we will make America the undisputed Bitcoin (BTC) superpower and the…
Mar 19, 2025; Minneapolis, Minnesota, USA; New Orleans Pelicans forward Zion Williamson (1) drives to the basket past Minnesota Timberwolves forward Julius Randle (30) in the second half at Target Center. Mandatory Credit: Jesse Johnson-Imagn Images Something seems to be off with the Minnesota Timberwolves. That’s the bad news. The good news, veteran forward Julius…
Strategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions. According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue. Market analyst…
Mar 18, 2025; Boston, Massachusetts, USA; Boston Celtics forward Baylor Scheierman (55) reacts after making a three point shot during the second half against the Brooklyn Nets at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images As far as NBA drama goes, there isn’t much intrigue in Friday’s game in Salt Lake City between the Utah…
Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the…
George Foreman, a heavyweight boxing champion who returned to the sport to regain his title at the improbable age of 45, and parlayed his fame and amiable personality into a multimillion-dollar grill business, died on Friday. He was 76. His family announced his death on his Instagram account. The family statement did not give a…
Mar 18, 2025; Inglewood, California, USA; Cleveland Cavaliers forward Evan Mobley (4) moves the ball against Los Angeles Clippers guard Ben Simmons (25) during the first half at Intuit Dome. Mandatory Credit: Gary A. Vasquez-Imagn Images Cleveland continues a five-game Western Conference road swing on Friday at Phoenix in a rare position with three consecutive…
Venture capital firm Haun Ventures is reportedly looking to raise $1 billion for two new crypto-related investment funds within the next three months. If successful, $500 million will be allocated to early-stage crypto investments, while the remaining $500 million will go toward late-stage crypto investments, people familiar with the matter told Fortune Crypto on March…