Tether (USDT) posts a $1.5B net operating profit in Q2 2026, fueled by interest on its massive US Treasury portfolio.
🔑 Key points:
- Reserve surplus: $4.11B (assets > liabilities)
- $USDT supply: $184.6B (+$446M in Q2)
- >60% of the global stablecoin market
- One of the world’s largest private holders of US Treasuries (~$115B)
Strong profits even as the broader crypto market stays under pressure.
https://cointelegraph.com/news/tether-q2-profit-us-treasury-holdings-usdt-supply
Pump.fun allegedly laid off employees just before their $PUMP tokens were due to vest, denying them allocations worth millions.
Workers fired in April & July 2026, weeks before token unlocks
Some had 7 figure PUMP grants under 2025 agreements
Co‑founder Noah Tweedale said the company “grew too quickly”
Reports: 40+ staff cut across two rounds
Adds to existing lawsuits over “rigged” mechanics and MEV practices.
https://cointelegraph.com/news/pump-fun-employees-fired-tokens-vest
Coldcard Bitcoin loss estimate rises to ~$70M after deeper on‑chain analysis.
Galaxy Research: 1,082.65 BTC drained from 1,196 addresses
All swept in a 41 minutes window on July 30 (01:10–01:51 UTC)
Attack exploited a firmware RNG/seed‑gen flaw on affected Coldcard Mk3 (and some Mk4/Q/Mk5) devices
Coinkite released a hotfix, but seeds generated on vulnerable firmware must be rotated to new wallets.
If you used a Coldcard seed on affected firmware, consider migrating funds ASAP.
https://cointelegraph.com/news/coldcard-bitcoin-loss-estimate-70-million-galaxy-analysis
Crypto Headlines: Telegram Under Fire, Strategy Holds BTC & Wintermute Warns on Why the Next Altseason May Be Different
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