Crypto news. Royal judgement.
The night inspection separates a point-in-time reserve report from a company profit claim, looks at round-the-clock prices for tokenised assets, and checks exactly what Aave's tBTC freeze stops—and what it leaves open.
A large cushion is useful. It becomes more useful when one reads the label, checks the date and resists calling every number an audit.
Tether's 30 October release says its reserve buffer reached $7.95 billion at 30 September, up from $4.1 billion at the end of June. Its point-in-time report lists $191.45 billion of assets against $183.50 billion of liabilities. Tether separately says it made $1.5 billion in third-quarter net operating profit.
Chainlink launched Chainlink 24/7 on 29 October to deliver continuous market data for equities, commodities and other real-world assets used onchain. It says Aave is adopting the service. Chainlink also introduced CustodySync with Anchorage Digital as its launch partner.
After Threshold paused tBTC minting and redemption on 31 October, Aave's risk team froze tBTC on the Ethereum Core market. The measure stops new deposits and prevents tBTC adding borrowing power; repayments, withdrawals and liquidations continue.
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