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Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN

Tether Reports $1.04B Profit In Q1 As Treasury Holdings Top $140BN Authored by Nate Kostar via CoinTelegraph.com, Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday. The company said its reserves remain heavily concentrated in US Treasuries, with around $141 billion in direct and indirect exposure, while total assets of about $191.8 billion exceeded liabilities of approximately $183.5 billion as of March 31. Tether said this level of exposure makes it...
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Jun 15, 2026 / Tyler Durden
Newsom Announces He's Being Investigated By Trump Justice Department
Newsom Announces He's Being Investigated By Trump Justice Department California Gov. Gavin Newsom announced Monday that the Department of Justice has opened an investigation into him and his wife, claiming the probe is political retaliation as he weighs a bid for president in 2028. "In recent days, federal agents have knocked on the doors of family, friends, and former employees, not because they found a crime, because they're simply trying to find one," Newsom said in a video posted to X. In recent days, federal agents have knocked on the doors of...
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Apr 5, 2026 / Tyler Durden
Trump Seeks $152 Million To Reopen Alcatraz Prison
Trump Seeks $152 Million To Reopen Alcatraz Prison Authored by Kimberley Hayek via The Epoch Times, The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison. The funding appears in the proposed budget for fiscal year 2027, released by the administration. It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal...
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Jun 23, 2026 / Tyler Durden
AfD Co-Leader Demands Ukraine Pay Reparations To Germany
AfD Co-Leader Demands Ukraine Pay Reparations To Germany Authored by Andrew Korybko, Europeans and especially Germans have borne enormous costs to perpetuate the Ukrainian Conflict while receiving absolutely nothing of tangible benefit in return. AfD co-leader Alice Weidel responded to Chancellor Friedrich Merz’s proposal to grant Ukraine associate membership in the EU, which was analyzed here and here, by declaring that “We need to know how this state-terrorist act against the most important infrastructure we had, namely the Nord Stream pipelines, came about and what role Ukraine played in it. The flow of payments should actually be moving...
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