Industry Updates



Tether (USDT): Reported $1 billion in profit and increased its reserves, amidst a probe into its treasury management.

Regulation: The U.S. Senate is moving forward with the Clarity Act, which could offer more regulatory certainty for stablecoins.

Institutional Adoption: Canadian pension fund AIMCo bought the Bitcoin dip, holding roughly $69 million in unrealized gains.

Security & Hacks: A US court blocked Arbitrum from retrieving $71M in ETH from the KelpDAO hack, directing funds toward a previous lawsuit.#USSeeksStrategicBitcoinReserve
BTC0.56%
ARB-4.02%
ETH0.87%
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