Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- Tether reports 1.5 billion dollar third quarter profit as excess reserves reach 7.95 billion dollars
Tether recorded 1.5 billion dollars in third quarter net operating profit, and excess reserves nearly doubled to 7.95 billion dollars. The stablecoin issuer reported 191.45 billion dollars in assets against 183.50 billion dollars, with cryptocurrency gains contributing to performance while cash like asset holdings declined.
- Chainalysis discloses security breach affecting internal tools and customer data
Blockchain analytics firm Chainalysis disclosed a security breach after an outside attacker used offensive agentic techniques to enter its systems and internal tools. A notice published on 30 October confirmed that the attacker accessed some customer data.
Since the last briefing
- · 2 new major stories
- · Crypto is now the most-covered topic