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Tether Posts $5.2 Billion Profit in First Half of 2024

Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted…

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Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very…

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