# Tether clears first full audit as KPMG issues clean opinion - August 14, 2026

> KPMG's clean audit of Tether's reserves lands as bitcoin slips to $63,180 and 78 of the top 100 coins trade lower today.
>
> Source: https://www.bitpredict.io/crypto-news/2026-08-14
> Updated: 2026-08-14

KPMG's clean audit of Tether's reserves lands as bitcoin slips to $63,180 and 78 of the top 100 coins trade lower today.

## Market at a glance

| Metric | Value |
| --- | --- |
| BTC price | $63,180.53 |
| BTC 24h | -0.91% |
| ETH 24h | -0.82% |
| Breadth (top 100) | 20 up / 78 down of 100 |
| Top gainer | DoubleZero (2Z) 24.14% |
| Top loser | KAITO (KAITO) -10.58% |

## Market recap

Bitcoin sits at $63,180.53, down 0.91% on the day, with ether off a similar 0.82%. The drift lower is broad rather than sharp: 78 of the top 100 coins are in the red against just 20 gainers, the kind of quiet grind-down day where nothing breaks but nothing lifts either.

DoubleZero (2Z) is the standout, up 24.1%, while KAITO leads losers at down 10.6%, a much wider spread than the modest move in bitcoin and ether would suggest. The real story of the day sits outside price charts: Tether says KPMG has completed its first full audit of the company's 2025 financials under AICPA standards, finding reserves exceeded liabilities by $6.8 billion. Tether is calling it the largest inaugural financial audit in history, though it has not published the underlying statements or the opinion letter itself.

Elsewhere, Goldman Sachs agreed to buy ETF manager NEOS for $2.25 billion, picking up around $30 billion in ETF assets including a bitcoin covered-call fund, and Fidelity filed to add staking to its ether ETF FETH. Trezor also disclosed a shipping-partner breach exposing data for nearly 14,000 customers.

## Stories

### Tether completes first full audit, KPMG issues clean opinion

_regulation_

KPMG completed a full audit of Tether's 2025 financial statements under AICPA standards, finding reserves exceeded liabilities by $6.8 billion. Tether called it the largest inaugural financial audit in history, though it did not publish the underlying statements or opinion letter.

**What it means for a direction call:** A clean audit of Tether's reserves removes a long-running source of doubt about the stablecoin backing much of crypto trading, which matters for anyone predicting sustained rallies rather than one-day moves.

**$6.8B** reserves surplus over liabilities

Sources: [The Defiant](https://thedefiant.io/converge/cefi/tether-clears-first-full-audit-from-kpmg-without-publishing-the-statements) · [Cointelegraph](https://cointelegraph.com/news/tether-completes-first-full-financial-audit-receives-clean-kpmg-opinion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) · [Bitcoin.com News](https://news.bitcoin.com/featured/kpmg-completes-full-audit-of-tethers-2025-financial-statements/) · [Bitcoin Magazine](https://bitcoinmagazine.com/news/tether-completes-audit-with-kpmg) · [The Block](https://www.theblock.co/news/business/2026-08-13-tether-kpmg-first-full-audit-usdt-clean-opinion-411760) · [CryptoPotato](https://cryptopotato.com/tether-clears-first-full-audit-as-kpmg-issues-unqualified-opinion-on-2025-statements/) · [CoinGape](https://coingape.com/usdt-issuer-tether-completes-first-independent-financial-audit-as-kpmg-issues-unqualified-opinion/) · [U.Today](https://u.today/stablecoin-giant-tether-completes-its-largest-inaugural-audit) · [Decrypt](https://decrypt.co/375577/tether-inaugural-financial-audit-kpmg)

### Trezor shipping partner breach exposes data of 13,689 customers

_other_

A breach at Trezor's logistics provider ShipMonk exposed names, contact and shipping details for nearly 14,000 hardware wallet buyers across seven countries, raising phishing risk even though Trezor says devices themselves are unaffected.

**What it means for a direction call:** This is a security and phishing risk story for hardware wallet users, not a market mover, but it is worth watching for any follow-on scam waves that could rattle sentiment.

**13,689** customers affected

Sources: [CoinDesk](https://www.coindesk.com/tech/2026/08/13/trezor-warns-14-000-users-after-fulfilment-partner-suffers-data-breach) · [Bitcoin Magazine](https://bitcoinmagazine.com/news/trezor-data-breach-leaks-customer-info) · [CryptoPotato](https://cryptopotato.com/trezor-provider-shipmonk-breach-exposed-order-data-for-13689-hardware-wallet-customers/) · [CoinGape](https://coingape.com/crypto-hardware-wallet-trezor-discloses-data-breach-affecting-nearly-14000-customers/) · [BeInCrypto](https://beincrypto.com/trezor-data-breach-phishing-risk/) · [The Block](https://www.theblock.co/news/business/2026-08-13-trezor-shipping-provider-breach-exposes-personal-data-nearly-14000-customers-411702) · [The Defiant](https://thedefiant.io/news/security/trezor-shipping-provider-breach-exposes-data-of-13-689-customers) · [Decrypt](https://decrypt.co/375556/trezor-customer-data-exposed-in-shipping-partner-breach)

### White House to host crypto and prediction market executives Aug 19

_prediction-markets_

The White House will meet crypto and prediction-market executives one day before the CFTC's first Innovation Advisory Committee meeting, signaling active regulatory engagement as the CLARITY Act stalls in the Senate.

**What it means for a direction call:** A White House meeting with prediction-market executives ahead of a CFTC advisory session is a signal that regulatory clarity, or lack of it, could become a bigger swing factor for crypto sentiment soon.

Sources: [CoinGape](https://coingape.com/white-house-to-meet-with-crypto-prediction-market-executives-on-august-19/) · [Bitcoin Magazine](https://bitcoinmagazine.com/news/white-house-to-host-crypto-execs) · [BeInCrypto](https://beincrypto.com/white-house-crypto-prediction-market-summit/) · [CryptoBriefing](https://cryptobriefing.com/white-house-crypto-prediction-market-meeting/) · [Politico](https://news.google.com/rss/articles/CBMipgFBVV95cUxOcU5QekV6R2RrWHlQNnhOV1VYTFNISGZpdTJaN2lEdmVSb2pqRV9UMjA2aFdpLXFnMXBIbmpmQkF4MlRKZ0ZXZkczRXczMERraF9OR1I1M1JVbVVLRW9hWWcxemVLZjVRWHFjNW4yNE40UWFUcWdCQ011VnB4Nm9UN29JQ0dCWGNtb002NDBhTkRJbkduV1I4cHMtalVaaVFCZTNLcWRR?oc=5)

### Goldman Sachs to acquire ETF manager NEOS in $2.25B deal

_etf_

Goldman Sachs agreed to acquire NEOS Investments, adding roughly $30 billion in ETF assets including a Bitcoin covered-call income fund, giving Goldman instant scale in crypto income ETFs.

**What it means for a direction call:** Goldman buying instant scale in bitcoin income ETFs points to more institutional plumbing being built around crypto, a slow-moving but real tailwind for long-term price calls.

**$2.25B** deal size

Sources: [Yahoo Finance](https://news.google.com/rss/articles/CBMioAFBVV95cUxQQWdya2RUVWxWcnBjb1hPYkZtX0Y0WGNDRlA4Y2c4WEZFcl9FZFh6Z3lLdXRKalgwRk1XNkVOemhCSGRMbXItU2M1Z20wb1VnVHR4bnhIVVNWTGtBWEIwNFNNZVAwb1NTdW44WnBqNmdkblF6SU5JQkliaGFqZUQ0eG5uY2d2OEp4amZSMUdad2JQLXpWeWNTZGtVQThmSUw0?oc=5) · [Bitcoin Magazine](https://bitcoinmagazine.com/news/goldman-sachs-to-acquire-neos-investments) · [Cointelegraph](https://cointelegraph.com/news/goldman-sachs-to-acquire-etf-manager-neos-225b-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) · [Decrypt](https://decrypt.co/375491/goldman-sachs-neos-deal-ready-made-bitcoin-income-etf)

### Fidelity files to add staking, up to 100% of ether, to its ETF

_etf_

Fidelity filed to add staking to its ethereum ETF FETH, potentially staking nearly all of its ether holdings and paying shareholders quarterly cash distributions from staking rewards.

**What it means for a direction call:** Staking rewards flowing through a mainstream ether ETF could make holding ETH more attractive versus other assets, a detail worth weighing for anyone calling ether's direction over weeks rather than days.

Sources: [Yahoo! Finance Canada](https://news.google.com/rss/articles/CBMipwFBVV95cUxNWElMOGV5Q0RYcUs0dlIwVHhSQ2w3QnlUWGxBc3o3N05aYVBNYTJoeENrSlBTZFRrS2oyWTJzX0ZvMG9HRDBHXzlTeE9sNV9NOWpFbmtoU1NYdDh0MXljNnpQSnFFcklCeFlIaXB6WEZmaWNuVk9EX0VsS3BjenpZRkZILUlsdWpXV3pER1dyNmthS2RjVHZSNU9sZkE4cnd3RHd2UC1Vbw?oc=5) · [CryptoPotato](https://cryptopotato.com/fidelitys-ethereum-etf-to-offer-staking-and-quarterly-cash-payouts-report/) · [Bitcoin.com News](https://news.bitcoin.com/crypto-news/fidelity-moves-to-stake-up-to-100-of-its-ether-etf/) · [Decrypt](https://decrypt.co/375457/fidelity-files-ethereum-etf-stake-pay-investors) · [Cointelegraph](https://cointelegraph.com/news/fidelity-staking-ethereum-etf-sec-filing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound) · [CoinDesk](https://www.coindesk.com/business/2026/08/12/fidelity-moves-to-add-staking-quarterly-payouts-to-near-usd900-million-ether-etf)

## On BitPredict

- 80 calls settled yesterday (UTC).
- Crowd hit rate on those settles: 43.8%.
- Best settled call: ATOM UP, 8.31%.
- Today's Daily Call asset: Genius (GENIUS).
- Yesterday's settled calls on the platform hit 43.8% accuracy, with a call on ATOM's 8.31% upside move standing out as the best result.

## FAQ

### What is bitcoin doing right now?

Bitcoin is at $63,180.53, down 0.91% over the past 24 hours, with ether down 0.82% and most of the top 100 coins trading lower.

### What did Tether's audit with KPMG find?

KPMG completed Tether's first full audit under AICPA standards and found reserves exceeded liabilities by $6.8 billion, though Tether has not published the underlying statements or opinion letter.

### Why did KAITO drop so much today?

No clear cause for KAITO's 10.6% drop was reported today; it was simply the day's biggest loser among the top 100 coins.

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