Stablecoin Tether contracts with BDO Italia for monthly proof-of-reserve reports

The smartphone with the Tether logo is placed on US dollars shown in this illustration taken on May 12, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record LONDON, Aug 18 (Reuters) – Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting firm BDO Italia to answer for … Read more

Block Shares Fall After Crypto Winter Clouds Quarterly Results

Twitter CEO Jack Dorsey testifies during a remote video hearing conducted by the US House Committee on Energy and Commerce subcommittees on “The Role of Social Media in Promoting Extremism and disinformation” in Washington, USA, on March 25, 2021. US House of Representatives Energy and Commerce Committee/Handout via Reuters Sign up now for FREE unlimited … Read more

Crypto winter may temper fintech gains

Representations of cryptocurrencies in this illustration taken on January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Sign up now for FREE unlimited access to Reuters.com Record Aug 3 (Reuters) – Wall Street has lowered earnings expectations for once-high-flying fintechs Coinbase (COIN.O) and Block (SQ.N) as a cooling in the cryptocurrency market adds more Pain to companies that … Read more

Crypto Lender Voyager Digital Suspends Withdrawals and Deposits

Stephen Ehrlich, CEO and co-founder of Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record July 1 (Reuters) – Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading … Read more