Stablecoin Market Sheds $892M as KelpDAO Breach Triggers DeFi Unwind
The stablecoin market has kept a muted tone in the wake of the recent KelpDAO breach, with $892 million flowing out of the sector. Even after the drawdown, the market…
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‘The Whole World Is a Casino’ – Bitcoin Rallies Again, and so Does Belief – Week in Review
This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes…
Tether Conducts Biggest USDT Freeze Ever, Grayscale Makes Case for Bitcoin Bottom, And More – Week In Review
Europe’s MiCA rules helped euro stablecoins surge even as broader crypto adoption cooled, while a Balancer exploit wallet reawakened to move funds through Thorchain. In Washington, more than 100 crypto…
Tether Freezes $344 Million in USDT With OFAC and US Law Enforcement
Tether froze more than $344 million in USDT across two blockchain addresses on April 23, 2026, acting on information shared by U.S. authorities tied to unlawful conduct. Key Takeaways: Tether…
Tether Mints 2 Billion USDT on Ethereum in Three Days, Adding Fresh Supply to the Stablecoin Market
Tether minted 2 billion USDT on the Ethereum network over three days, executing the issuance across multiple onchain batches from its treasury address. The minting adds to a supply base…
KAIO Secures $8M From Tether and Systemic Ventures to Build Onchain Asset Distribution in UAE
Tether, the issuer of the world’s largest stablecoin USDT, led an $8 million strategic institutional funding round for KAIO, an Abu Dhabi-regulated tokenization firm building onchain infrastructure for real-world assets.…
Stablecoin Market Crosses $320B as Tether USDT Dominance Falls 2.5% in 2026
On Thursday, April 16, data compiled by defillama.com indicates the stablecoin sector has now surpassed the $320 billion threshold, following $2.54 billion in inflows recorded over the past seven days.…
Tether Steps In With $150M Support Plan After Drift Protocol Loses $285M in Exploit
Tether announced a recovery plan of up to $150 million to help Drift Protocol users recoup losses from an April 1 exploit that drained approximately $285 million from the Solana-based…
Tether Backs $134 Million Funding Round for New Stablecoin Infrastructure
Tether has joined a $134 million funding round for Stablecoin Development Corporation (SDEV), signaling growing institutional focus on stablecoin infrastructure. The move reflects rising real-world adoption of stablecoins beyond trading.…
Tether Adds 951 Bitcoin Worth $70.5M to Reserve, Holdings Reach 97,141 BTC
Tether transferred 951 bitcoin, worth approximately $70.5 million, from a Bitfinex hot wallet into its dedicated bitcoin reserve address on April 15, 2026, bringing its total holdings to 97,141 BTC.…