Tether Update:
Tether says KPMG issued an unqualified opinion on its 2025 financial statements, the company’s first full independent audit.
Tether reported reserves exceeding liabilities by $6.814B, though the audit documents and opinion letter have not been publicly released.
Ethereum Quantum Security Update:
The Ethereum Foundation is moving away from the Poseidon hash and considering established alternatives such as SHA or BLAKE.
Advances in SNARKs have reduced Poseidon’s performance advantage.
A production ready leanVM is targeted for 2027, with broader deployments planned for 2028.
https://cointelegraph.com/news/ethereum-foundation-drops-poseidon-post-quantum-plan
SEC Update:
The SEC has canceled its August 14 meeting on proposed crypto offering rules, citing an “unforeseen scheduling issue.”
No replacement date has been announced, leaving the framework delayed as the CLARITY Act awaits further Senate action.
https://cointelegraph.com/news/sec-cancels-crypto-regulatory-meeting
Binance Research:
Gen Z is increasingly favoring ETFs over individual stocks, with ETFs representing 25% of equity trading volume in early August.
They also trade less frequently, use less leverage and show stronger buy and hold behavior than older working age cohorts.
https://cointelegraph.com/news/gen-z-favors-etfs-and-trades-less-than-older-cohorts-binance
Crypto Market Sentiment: Bullish on Tokenization, Cautious on DeFi, Growing Security Risks & Regulatory Momentum
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