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Tether sees record net profit of over $4.5 billion in first quarter of 2024
Tether’s attestation for the first quarter of 2024 revealed the firm made a net profit of $4.52 billion, saw its highest-ever percentage ownership of Treasury bills and had total net equity exceeding $11.3 billion. Read more
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Binance founder sentenced
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, was sentenced to four months in prison by U.S. District Judge Richard Jones in Seattle. Read more
