Short News

Tether has hired a Big Four accounting firm to carry out its first full independent audit. The review will cover its crypto reserves, traditional assets, and issued tokens. The company says the step will give clearer proof that its USDT stablecoin is fully backed and easy to access. USDT remains the world’s largest stablecoin, with a market value above $184 billion and more than 550 million users worldwide, strengthening trust among investors and regulators.

Gate Exchange has become the first centralized crypto exchange to integrate Polymarket, enabling users to trade prediction markets directly on the platform. Users can wager on “Yes/No” outcomes across sports, crypto, and global events, with instant execution and automatic stablecoin settlement. The integration offers a seamless, real-time way to turn insights into potential profits. The new feature is now live in public beta, giving traders early access to this innovative way of engaging with global events.

The New York Stock Exchange is joining forces with Securitize to create a 24/7 platform for trading tokenized stocks and ETFs. Shares will be issued and managed as blockchain-based digital tokens, offering instant settlement and stablecoin payments. Securitize will act as the NYSE’s first digital transfer agent, overseeing digital share issuance and management. This partnership represents a major step toward modernizing traditional securities trading by combining blockchain technology with the NYSE’s established infrastructure.

Eighteen large wallets have secretly accumulated roughly $79.7 million worth of LayerZero’s ZRO token, representing a significant share of its circulating supply. According to blockchain analytics from Nansen, the buys happened in two major waves and were entirely funded through institutional channels like Coinbase Prime, with no recorded sell activity, signaling strong holding sentiment. This buildup started a few weeks after LayerZero announced its new Zero Layer‑1 network, and comes just before a scheduled token unlock event, suggesting confidence in long‑term prospects.

Cardano’s ADA is hovering around $0.25, with market data showing growing stress among investors. Most wallets active in the past year are sitting at significant losses, and the token has dropped sharply from its September levels, reflecting deep unrealized losses across the network. Derivatives data points to rising bearish bets, with short positions dominating. If ADA slips slightly lower, nearly $10 million in leveraged long positions could be forced into liquidation.