Tether Posts Massive First Quarter Profits of $1.48 Billion

Tether today reported a net profit of $1.48 billion, with the company behind the world’s biggest stablecoin saying it was “very optimistic for the future.” In a Wednesday blog post, the sometimes controversial company summed up its 2023 Q1 assurance report—prepared by accounting firm BDO Italia—by revealing that its reserves reached an all-time high of $2.

PEPE Up 101% After Binance Confirms Listing

Meme coin PEPE jumped 100% after Binance announced it would list the token in its “so-called “innovation zone” – the platform’s trading area where users can buy and sell recently launched and …