Tether Hires ‘Big Four‘ Firm for Audit of USDT Reserves

Stablecoin issuer Tether said it would hire one of the “Big Four” accounting firms to conduct a full audit of its reserves for the first time.In a Tuesday notice, Tether said that the accounting firm — which it did not disclose — would complete a “full independent financial statement audit”…

Fira Debuts Fixed-Rate DeFi Lending Protocol with 0M in Deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit.Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for defined periods by organizing lending around maturities rather than floating utilization-based rates, according to an announcement shared with Cointelegraph.The fixed-rate model differs from most DeFi lending protocols, where borrowers cannot lock funding costs, and…

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Politics

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Conservative FISA revolt poses fresh test for Speaker Johnson

NEWYou can now listen to Fox News articles! A brewing fight over privacy rights and national security will come to a head in the House of Representatives in the coming weeks, shaping up to be the latest test for House Speaker Mike Johnson, R-La., and his razor-thin GOP majority.Section 702…

Business

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Cryptography Firm Zama Brings FHE Privacy to T‑REX Ledger

French cryptography startup Zama is integrating its protocol with Apex-backed T-REX Ledger to add a confidentiality layer for ERC-3643-based tokenized assets, a standard that lets issuers embed identity checks and transfer restrictions into tokenized securities.Zama, which raised $73 million in Series A funding in 2024 to commercialize fully homomorphic encryption…