Crypto.com has acquired Australian brokerage Fintek Securities, enabling the exchange to significantly expand its financial services in Australia by offering products including securities and derivatives. This acquisition is part of Crypto.com's strategy to create a comprehensive financial services platform, following a similar acquisition in the United States. However, the company has faced regulatory scrutiny regarding its operations, emphasizing the challenges in expanding globally while ensuring compliance.

Coinbase has made a notable comeback by securing a spot in the top 10 of the US Apple App Store, ranking 9th in the "Free iPhone Apps" category and first in the financial category. This resurgence places Coinbase ahead of competitors such as Cash App and Robinhood, which are ranked 30th and 13th respectively.

Tether has recently minted $7 billion in USDT over six days, reflecting a surge in liquidity demand that may impact the cryptocurrency market. This increase has been historically linked to price movements of assets such as Bitcoin, suggesting traders are utilizing stablecoins for hedging or transactions. Additionally, Tether is exploring new business avenues, including commodity trading, despite ongoing regulatory scrutiny.