Figure Technology Solutions reported $4.26 billion in Consumer Loan Marketplace volume for the second quarter on Aug. 13, up 132% from a year earlier and 47% from the first quarter. Summary Consumer loan marketplace volume reached $4.3 billion, rising 132% year over year during the quarter. Net income climbed 192% to $87 million as quarterly…
Flare’s FXRP is now accepted as collateral on Derive, letting XRP holders trade options and perpetuals onchain without giving up custody. Layer-1 chain Flare has announced that FXRP now works as collateral on Derive, letting XRP holders trade on-chain options and perpetual futures from their own wallets. According to a press release shared with…
Ether.fi has upgraded its non-custodial neobank with tokenized stocks and metals, portfolio-backed loans near 4%, payments in over 30 currencies, and programmatic ETHFI buybacks. Summary Ether.fi users can trade tokenized assets and hold them inside self-custodial vaults. An Aave market on Optimism supports loans against portfolios at rates currently near 4%. Cash card users receive…
The stablecoin giant’s reserves exceeded liabilities by $6.81 billion. The entity behind the world’s largest stablecoin has announced that KPMG U.S. issued an unqualified audit opinion on the financial statements of Tether International, S.A. de C.V. for the year ended December 31, 2025. This is the first full financial statement audit in the history of…
Goldman Sachs Vice Chairman Robert Kaplan has backed the Federal Reserve’s 9–3 decision to keep interest rates at 3.50%–3.75% in July, arguing that policymakers needed more time to assess inflation before acting. Summary The Fed held rates at 3.50%–3.75% in July despite three votes for an increase. Kaplan said incoming data should determine whether policymakers…
A new group of veteran Bitcoiners will take over operations after supplying fresh capital and engineering resources. Boltz has suspended its Bitcoin swap service after a series of AI-assisted attacks caused losses for the bootstrapped five-person company, with the shutdown announced on August 3 and a new group of veteran Bitcoiners now preparing to…
Goldman Sachs Vice Chairman Rob Kaplan has backed the Federal Reserve’s 9–3 decision to hold interest rates at 3.50%–3.75% in July while urging policymakers to keep their options open before September. Summary Kaplan said the Fed was right to leave interest rates unchanged at its July meeting. Three policymakers supported a quarter-point increase, showing disagreement…
Solana is now GSR’s largest allocation. GSR said its Core3 model portfolio increased its allocation to Solana to 43.7%, while cutting its Ether holdings to 39.5% and Bitcoin slightly to 16.9%. The change came as crypto markets stayed “constructive” over the past week, according to the trading firm. GSR Leans Toward Solana In its…
UBS has increased its BlackRock Bitcoin ETF holding to about 2.5 million shares worth nearly $90 million as of June 30, lifting the position’s value by roughly 230% during the first half of 2026. Summary UBS held about 2.5 million IBIT shares valued at nearly $90 million on June 30. The share count increased roughly…
Tether has completed its first independent financial statement audit, with KPMG U.S. issuing an unqualified opinion after reviewing its 2025 accounts and a reported $6.814 billion reserve surplus. Summary KPMG audited Tether International’s financial statements for the year ended Dec. 31, 2025. Tether reported reserve assets exceeding related liabilities by $6.814 billion at year-end. Auditors…
