If Tether has $105B in its reserves, why is it raising cash?
According to Bloomberg, Tether is in negotiations with investors to raise funds in exchange for a 3% stake in Tether Holdings SA. Source link
Coinbase
Tech & AI
European Commission confirms cyberattack after hackers claim data breach
The European Union’s top executive body has confirmed a cyberattack after hackers reportedly stole reams of data from its cloud storage. European Commission spokesperson Nika Blazevic confirmed to TechCrunch on Friday that the Commission “discovered a cyber-attack, which affected part of our cloud infrastructure.” “We have taken immediate steps and contained the attack. Risk mitigation
Crypto
Citigroup said to weigh acquisition of US regional bank to strengthen deposits and lending
Citigroup, a key player in global finance, is weighing a potential acquisition of a US regional bank or brokerage to boost deposits, expand branches, and strengthen lending operations, Bloomberg reported Friday, citing sources with knowledge of the matter. Discussions have included banks with around $500 billion in assets and brokerages like Stifel and Raymond James,
Coinbase
Justin Sun’s USDD has problems
USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings. Source link
Tech & AI
Inside Bissell’s 48-Hour AI Sprint That Changed How It Uses Data
Bissell cut through AI hype by building five real workflows in just two days, turning skepticism into measurable results across customer service and analytics. The post Inside Bissell’s 48-Hour AI Sprint That Changed How It Uses Data appeared first on TechRepublic. Source link
Bitcoin
California Governor Bars Policymakers From Insider Betting on Prediction Markets – Bitcoin News
California Bans Gubernatorial Appointees From Betting on Prediction Markets With Non-Public Information The order takes effect immediately. It extends California’s existing conflict-of-interest statutes directly to prediction markets, which allow users to wager real money on outcomes ranging from elections to military strikes to economic decisions. Appointees are prohibited from using confidential or non-public information obtained
Crypto
XRP Derivatives Surge on Binance as Long Liquidations Mount: What’s Next for Ripple?
When OI climbs while the CVD falls, it typically means new short positions are driving activity rather than fresh bullish bets. Open interest (OI) in XRP derivatives on Binance jumped 14.8% in the last 24 hours, its highest reading since March 4, when the metric peaked near 16%. The move was accompanied by repeated
Coinbase
Kalshi outpaces Polymarket after pair feature in South Park episode
Kalshi pulled in nearly $1.3M more than Polymarket after both platforms launched trades based on an episode of South Park featuring them. Source link
Tech & AI
Amazon Big Spring Sale earbuds deals 2026: Sony, Apple, Nothing
Table of Contents Table of Contents Table of ContentsBest deal overall Best AirPods dealBest budget pick Best open earbuds deal If you were hoping Amazon’s Big Spring Sale would bring some solid earbud deals, you’re in luck. The event runs through March 31, and there are plenty of great tech discounts. These aren’t the best
Crypto
Coinbase’s Armstrong says big banks are trying to choke off stablecoin yields
Coinbase CEO Brian Armstrong says big banks are “undermining” President Trump’s crypto agenda by pushing CLARITY Act language that would ban 4–5% stablecoin yields now fueling Coinbase’s $1.35b revenue line. Summary Coinbase CEO Brian Armstrong says big banks are “undermining” President Trump’s crypto agenda by trying to ban yield on stablecoins. The fight centers on