Tether completed its first full independent audit by KPMG, confirming a $6.814 billion reserve surplus backing its $183 billion USDT supply. This audit, a first for a stablecoin issuer of Tether's size, enhances trust by verifying reserves including 146 metric tons of gold. CEO Paolo Ardoino highlighted this as a milestone and announced Tether's pivot towards building decentralized AI infrastructure with a $1 billion investment in Northern Data, funded by operational profits. This move could reshape stablecoin competition, focusing on utility beyond transparency.
Bending Spoons (BSP) debuted on Nasdaq, raising $1.1 billion to support its strategy of acquiring established digital brands like AOL, Eventbrite, and Vimeo. The company reported 126% revenue growth mainly driven by these acquisitions and operational...
Zhibao Technology Inc. completed a $154.7 million private investment in public equity (PIPE) financing by issuing 442 million units at $0.35 each, paid in Bitcoin. This funding strengthens Zhibao's financial base and accelerates growth in its digital...
Tesla reported a Q2 revenue beat with $28.236 billion and record vehicle deliveries of 480,126, but earnings missed expectations, with operating income down 57% and margins shrinking. The stock trades at $342.27 amid divided analyst opinions: bulls h...
Luca Mining Corp. posted a 47% increase in Q2 2026 revenue to $58.4 million and net earnings of $10.5 million, reversing a loss from the previous year. For the first half of 2026, the company earned $23.1 million in net income on $116 million revenue...
Ispire Technology Inc. has named Steven Przybyla as its new President, effective immediately, while he continues as Chief Legal Officer and Secretary. This move strengthens Ispire's U.S.-based leadership and aims to improve communication with investo...
