8-14
Tether says KPMG issued its first Big Four audit as U.S. rules tighten liquidity tests
Tether said an audit released in April 2026 showed its reserves exceeded liabilities by $6.814 billion as of Dec. 31, 2025. The company framed the KPMG report as a response to long-running transparency criticism, but U.S. oversight is also tightening, including an FDIC proposal that would treat redemptions exceeding 10% of outstanding issuance within 24 hours as a major event. Tether has previously faced U.S. enforcement, including a 2021 CFTC penalty over reserve practices and a separate New York attorney general settlement tied to reserve representations and fund movements. The audit marks a milestone, while the proposed framework could raise new compliance demands.
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8-14
SEC cancels Aug. 14 10:00 AM ET vote on proposed crypto offering regime
The U.S. Securities and Exchange Commission said it has canceled a public meeting scheduled for 10:00 AM ET on Aug. 14, 2026. The sole agenda item was to consider a proposed rule that would create a tailored offering framework for certain investment contracts involving crypto assets. The cancellation was posted via a Sunshine Act notice without an explanation. The SEC’s agenda page shows the proposal was last updated on Aug. 10, 2026.
BTC
BTC+0.06%
8-14
8-14
Bitwise to explore tokenizing its Bitwise Solana Staking ETF (BSOL) with Superstate, signaling possible expansion to other ETFs
Bitwise said it will work with Superstate to explore tokenizing its Bitwise Solana Staking ETF (BSOL). The effort aims to map traditional ETF shares on-chain to improve liquidity and composability. Bitwise added that it may consider similar tokenization explorations for other ETF products in the future. The plan remains at an early exploratory stage, with no timeline or technical details disclosed.
SOL
SOL+0.08%
8-14
8-14
Tether says KPMG U.S. audit found reserves exceeded liabilities by $6.814 billion as of Dec. 31, 2025
Tether said it has completed its first annual financial statement audit, carried out by KPMG U.S., covering the year ended December 31, 2025. The company said the audit found its reserves exceeded related liabilities by $6.814 billion as of that date. Tether said the audit complements its existing quarterly reserve attestations and further validates the backing of USDT. It added that its stablecoin serves more than 650 million users worldwide across savings, commerce and remittances in emerging markets.
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8-14
Trump faces federal lawsuit over paid early access to Truth Social posts as Trump Media weighs prediction-market data licensing
President Donald Trump is facing a federal lawsuit challenging a paid service that provides early access to certain Truth Social posts. Trump Media said it has signed more than 10 customer agreements, largely with high-frequency trading firms paying about $60,000 to $100,000 per month. The suit contends that some posts amount to the first public notice of official government decisions, raising claims of unequal access to government information. The company has also said it is evaluating licensing its data to prediction markets.
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8-14
Harmony Protocol confirms unauthorized ONE minting, suspends bridge services after August 12 incident
Harmony Protocol said an unauthorized ONE minting incident occurred on August 12. Initial analysis put the minting at 4000000000 ONE, but a later on-chain reconstruction found about 3010000000000 ONE was issued to four attacker wallets through six forged crossshard transactions. The team said it has fixed the crossshard receipt verification flaw and a quorum verification bug for the prestaking committee, and deployed Mainnet v2026.1.1 at 06:30 (UTC+8) on August 12. It is preparing to roll back the network to block 92,730,034 and has suspended bridge services.
ONE
ONE+1.34%
8-14