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PayPal launches a "stablecoin builder," and together with MoonPay, they introduced PYUSDx — a platform for issuing their own dollar-backed stablecoins based on PYUSD.
PYUSD-0.04%
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South Korea's tax authorities published the seed phrase of a confiscated wallet — from which they quickly withdrew crypto worth $4 800,000, initially depositing a small amount of ETH for the fee.
ETH-5.5%
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Tether in 2025 earned over $10 billion in net profit — a record for the company: on its balance sheet are $6.3 billion in free reserves, $141 billion invested in US government bonds, and more than 140 tons of physical gold.
According to net profit levels, Tether already surpasses BlackRock and any bank, despite having a staff hundreds of times smaller, which makes the rumors of the company being a "scam" highly unlikely.
![Tether logo](https://example.com/logo.png)
*The Tether logo representing the company's brand*
The company's financial stability is supported by its substantial reserves
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Exactly 16 years ago, on January 24, 2010, a user on the Bitcointalk forum with the nickname Sabunir attempted to sell an image for 500 BTC — at that time about $1.
Here he is, the true creator of NFT, just slightly ahead of the market.
BTC-2.92%
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The participant of the Ethereum ICO transferred 2,000 ETH ($6 mln) to a new wallet after more than 10 years of inactivity.
In 2015, he spent only $620 on purchasing coins.
ETH-5.5%
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The New York Stock Exchange has become the sixth location to install a statue of Satoshi Nakamoto.
The creator of the work plans to place 21 such statues around the world — a likely reference to the maximum supply of 21 million BTC.
BTC-2.92%
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BlockRidervip:
HODL Tight 💪
A smart ring called Moodring has appeared, which connects to TradingView and sends tactile signals when your crypto price changes.
Now you can literally "feel" the volatility in real time. We’re waiting for an expanded product line, for example, a plug for Telegram gift holders.
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Tether attracts $15 billion at a valuation of around $500 billion, and this could bring U.S. Commerce Secretary Howard Latnick's family up to $25 billion in profit.
The investment bank Cantor Fitzgerald, owned by his family, already holds 5% in Tether through convertible bonds purchased for $600 million over a year ago.
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🪒 Bitcoin fell below $109 000, in the last hour, longs positions have been liquidated at $110 000 000.
BTC-2.92%
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The withdrawal queue from Ethereum staking has exceeded $10 billion (2.4 million ETH).
Due to the sharp increase in requests, the waiting time for withdrawals has exceeded 41 days.
ETH-5.5%
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In Texas, a private school called Alpha School has opened, where AI systems are used instead of traditional teachers.
Students in grades 4-5 spend about two hours a day on math and reading through educational programs, and after lunch, they develop practical and life skills.
Instead of teachers, there are "mentors" working with children, whose role is to motivate and guide them, while their salaries reach six-figure amounts.
Education at the school costs from $40 000 per year, and the project is positioned as a model of "future education."
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Money inflows into American Bitcoin and Ethereum ETFs continue (SV)
Net inflow for yesterday:
▪#BTC = +$675,810,000.
▪#ETH = +$80,790,000.
BTC-2.92%
ETH-5.5%
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Turkey is tightening control over crypto, the main point:
🔴 The financial regulator MASAK will be able to block bank and crypto accounts, limit transactions, and close wallets associated with money laundering and fraud.
🔴 The main focus is on combating "rented accounts", through which illegal gambling and fraud schemes operate.
🔴 The document is compliant with international FATF standards.
🔴 Strict KYC/AML rules and limits on stablecoins will be introduced for crypto exchanges.
Earlier this summer, the regulator had already restricted access to a number of decentralized platforms, includin
CAKE-1.57%
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Poland introduces new rules for the cryptocurrency market:
🔴 Working without a license now carries criminal liability.
🔴 Fines can reach 10 million zlotys (around $120 000) and up to 2 years in prison.
🔴 Exchanges are required to keep clients' funds separate from their own funds.
🔴 The financial supervision (KNF) is gaining more powers.
The first Bitcoin ETF in Poland was launched earlier on the Warsaw Stock Exchange.
BTC-2.92%
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Growth Points Draw
Invite friends and win great prizes!
https://www.gate.com/activities/pointprize/?now_period=13&refUid=15080421
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📉 Last week, Bitcoin ETFs recorded an outflow of $903 000 000, ending a four-week streak of inflows.
Ethereum ETF also went into the red — the total outflow amounted to $796 000 000, with funds being withdrawn from all nine funds.
BTC-2.92%
ETH-5.5%
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The U.S. Federal Reserve has (ФРС) canceled the 2022-2023 guidelines that required banks to notify the regulator or obtain approval before starting operations with cryptocurrencies and stablecoins.
The board of governors also annulled oversight letters and joint statements with other regulators that restricted banks' participation in crypto assets.
Now the path to more flexible interaction between the traditional banking sector and the crypto market is open.
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It was great, on the advise of friends from another exchange
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UFC champion Conor McGregor has launched his own shitcoin REAL in collaboration with DAO Real World Gaming.
If anyone hasn't lost money on crypto yet — jump in, this is your chance.
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