Cryptocurrency financing transaction volume drops back to 2017 levels

Does USDT have sufficient reserves? Tether reportedly hired KPMG for a comprehensive audit.

Tether hired KPMG to carry out a comprehensive audit of USDT, and worked with PwC to optimize its financial processes—an important step in improving financial transparency. This move comes as the company prepares to enter the U.S. market and for a new round of fundraising. Despite the many past questions about its reserves, Tether still plans to raise funds from the market and has shifted toward allocating more of its investments to short-term U.S. Treasuries.

Cardano’s Ecosystem Breaks Through: Midnight Signs a £250M Tokenization Agreement, With the Privacy Chain Becoming a Key Lever

Cardano's ecosystem has made progress, with Midnight reaching an agreement with the UK bank Monument to tokenize £250 million in deposits on-chain. This marks a new step in the integration of traditional finance and blockchain, while also promoting the development of tokenized assets. However, Cardano still faces challenges in the DeFi space, and the ecosystem's activity level needs to be improved.

LayerZero Bridges Wall Street On-Chain: Canton Integration Opens a New Era of Tokenized Asset Cross-Chain

The integration of LayerZero and Canton Network allows tokenized assets to flow across 165 public chains, facilitating the entry of traditional finance into the crypto liquidity system. This move addresses privacy and compliance issues in cross-chain asset movement, while also promoting the fusion of institutional-level blockchain and public chain ecosystems, marking an intensification of competition in cross-chain interoperability.

Tether Taps KPMG for First Big Four USDT Audit Amid U.S. Expansion Push

Tether has hired KPMG for a comprehensive audit of its $184 billion USDT stablecoin, along with PwC to prepare for the process. This comes amid plans to register USDT under the GENIUS Act, addressing transparency concerns over its reserves.

Research by the European Central Bank shows that governance rights of the four major DeFi protocols are highly concentrated, with the top 100 holders controlling over 80% of the tokens.

Research from the European Central Bank shows that governance power in DeFi protocols is highly concentrated, with the top 100 token holders controlling over 80% of the token supply, and the top 5 addresses of Aave and Uniswap holding nearly 50%. A large number of governance tokens are held by protocols and exchanges, and the anonymity of identities challenges claims of decentralization, impacting regulatory compliance.

Token tenfold in two months: The computing power anxiety and pricing logic at the OpenClaw roundtable at Zhongguancun Forum.

At the 2026 Zhongguancun Forum, Yang Zhilin, founder of the Dark Side of the Moon, hosted a roundtable discussion on AI open-source. Guests shared their views on models, computing infrastructure, and Agent applications, focusing on issues such as the growth of token usage, the costs of long-context reasoning, and technological bottlenecks. Four experts predicted future trends using a single word, reflecting the importance of ecology, self-evolution, sustainable tokens, and computing power.