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Tether Freezes $344 Million USDT Stablecoins Flagged For Illicit Activity
Tether Freezes $344 Million USDT Stablecoins Flagged For Illicit Activity
Tether froze more than $344 million in USDT across two Tron addresses on Thursday, in coordination with the US Treasury’s Office of Foreign Assets Control (OFAC), marking one of the stablecoin issuer's largest compliance actions on record.
While Tether did not name the network of the frozen funds, blockchain security firm PeckShield identified the blacklisted addresses as TNiq9...QZH81 and TTiDL...pjSr9, holding approximately $213 million and $131 million respectively.
The action comes weeks after the $285 million Drift Protocol exploit; an incident that...
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May 6, 2026 / Tyler Durden
Novo Nordisk Soars After New Obesity Pill Momentum Lifts Guidance
Novo Nordisk Soars After New Obesity Pill Momentum Lifts Guidance
Novo Nordisk shares jumped as much as 9% in Copenhagen, suggesting the stock may finally be bottoming out after a vicious multi-year bear market. The move followed the Danish drugmaker's decision to raise its 2026 guidance ranges for adjusted sales and adjusted operating profit, citing solid momentum in Wegovy sales.
Novo now expects full-year sales and profit declines of around 12%, down from a previous forecast of around 13%. The upgraded outlook was "driven by increased expectations for GLP-1 product sales,"...
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May 21, 2026 / Tyler Durden
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April
On the back of a small uptick in homebuilder confidence (though still languishing)...
...Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)...
The pace of starts and permits on a SAAR basis has remained flat for four years...
Multi-family unit starts and permits soared in April...
As single-family home starts stagnate...
It appears builders believe that 'Renter Nation' is on its way back.
...
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Jul 27, 2026 / Dave DeCamp
Yemen’s Ansar Allah Takes Credit for Attacks on Saudi Oil Infrastructure While Riyadh Blames Iraqi Militants
Yemen’s Ansar Allah, known as the Houthis, took credit on Monday for attacks targeting oil infrastructure in eastern Saudi Arabia while Riyadh blamed the incident on Iraq’s Shia militias. Ansar Allah military spokesman Yahya Saree said that “a number of sensitive sites and points related to the supply and transport of crude oil from eastern […]
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