Senator Richard Blumenthal has requested detailed records from Cantor Fitzgerald regarding its reported 5% stake in Tether, worth an estimated $10 billion, and its role in custody of Tether's reserves. The inquiry focuses on Cantor's due diligence, sanctions screening, and involvement amid allegations of extensive USDT use by Iran-linked wallets. Tether claims to have frozen about $550 million tied to Iran in 2026, but the Senate report questions whether all illicit activity was effectively blocked. Cantor must respond by October 23, with the investigation clarifying the distinct roles of reserve custody and token control, and whether compliance measures were adequate.
Tether’s reserve custodian is the subject of recent Senate questions. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 19:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell. Notable movers include BAT at Rp1.999 with a 9.32% increase and 97% sell order activity, EOS at Rp12.649 with an 8.13% rise, and DOT at Rp21.096 with a 7.03% gain and 75% buy order activity.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
ZenaTech introduced Stacklens™, AI-powered smart safety glasses designed for field technicians and industrial workers, integrating hands-free AI assistance, real-time video support, and thermal imaging. The glasses aim to improve efficiency by allowi...
Bitcoin edged up 0.44% to $82,675 amid a broader crypto market decline, with total market capitalization falling 2.45% to $2.80 trillion. Despite the overall market drop, some coins like Polkadot surged 9.24%, while liquidations across major exchange...
Bitcoin recently faced strong resistance near the $86,500 level, leading to significant profit-taking with $1.03 billion realized in a single day, the second-highest of 2026. This selling pressure caused Bitcoin's price to drop about 4.5% over the we...
Ripple patched two vulnerabilities in the XRP Ledger's xrpld software, including a critical payment-engine flaw in versions 3.4.0 and earlier that could let malicious users create spendable XRP without authorization by exploiting integer overflow. Th...
