Richard Heathcote, former chief investment officer of Tether, is seeking to sell part of his 1.26% stake in the stablecoin issuer, potentially revealing insights into Tether's private ownership. The sale, managed with PJT Partners, could provide a rare valuation marker since Tether is privately held and not publicly traded. Despite regulatory pressures in Europe and ongoing debates about IPOs in the crypto sector, Tether remains profitable and dominant in the stablecoin market with USDT holding nearly 59% market share. The sale highlights investor interest in stablecoin growth exposure without public listings, while Tether continues to reject going public.
Chu Hai Bang (Shenzhen) Technology Co., Ltd. has launched Vibeperk, a global cross-border e-commerce platform that offers genuine consumer goods at permanently lower prices than Amazon and other major retailers. The platform emphasizes transparent, u...
Edelson Lechtzin LLP is investigating Kering S.A. for potentially keeping tariff-related price increases on luxury brands like Gucci and Saint Laurent without refunding consumers after the U.S. Supreme Court ruled the tariffs unlawful in February 202...
Etherfi has proposed to build a dedicated credit card backend on Aave V4 via a $175 million initial asset cap on the Optimism network, aiming to replace its current debt manager. The deal includes a 20% revenue share to the Aave DAO, potentially gene...
Coca-Cola, a global leader with 32 billion-dollar brands, reported strong Q1 2026 results and maintains a 64-year streak of dividend increases. Its growth strategy includes capital-light refranchising and brand innovation, driving steady revenue and ...
South Korea's largest crypto exchange, Upbit, will start trading OpenGradient's OPG token against the Korean won on July 7, following a successful debut against BTC and USDT on June 15 that saw trading volume spike by 600%. OPG is a decentralized AI ...
