Why BlackRock Considers Tether a Risk for Its Bitcoin ETF
"There is a risk that a disorderly de-pegging or a run on Tether or USDC could lead to dramatic market volatility," the firm writes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Ethereum Client Updates Address Certificate Risk in Teku and Besu
TL;DR: Ethereum software teams have published updates addressing trust-store exposure tied to compromised certificate-authority ke...
Bitcoin ETFs Add $423M in 3 Days as Blackrock Leads
Bitcoin ETFs attracted $137.33 million on Wednesday, extending their inflow streak to three sessions and lifting week-to-date addi...
US Secret Service Joins Circle, Tether in Freezing $2.37B in Binance Hack Funds
The US Secret Service is working with stablecoin issuer Circle to recover funds stolen in the $6.3 billion security breach at Bina...
How Bitcoin Is Helping Reshape Online Slots
Bitcoin (BTC) is changing different aspects of handling money. Yet, online gaming platforms are one area you might not have come a...
Blockchain Firms Link North Korea to $6.3 Billion Binance Hack
Bitcoin Magazine Blockchain Firms Link North Korea to $6.3 Billion Binance Hack Blockchain analysis firms Chainalysis and TRM Labs...
Binance Confirms $6.3B Security Breach, Freezes $3B in Assets and Pledges Full Compensation
The exchange says blockchain partners have frozen approximately $3 billion in affected assets. Binance has also pledged to cover a...