Crypto Biz: Bybit hack, miner bloodbath and efforts to ‘kill’ Tether
A $1.4 billion Bybit hack, efforts to "Kill Tether" and a Bitcoin price crash headline a rough week for the crypto markets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A $1.4 billion Bybit hack, efforts to "Kill Tether" and a Bitcoin price crash headline a rough week for the crypto markets.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
XRP News: Bitget Hacker Moves 54M XRP, Putting Fresh Selling Pressure
The attacker behind Bitget’s $388 million news driver has moved about 54 million stolen XRP out of three of the five wallets that...
THORChain under fire after Bitget hack funds routed through protocol
Bitget CEO Gracy Chen urges THORChain to block attacker wallets after a $387.5 million hack, reviving the censorship versus neutra...
Bitget Reopens Bitcoin Withdrawals, Starting Phased Restart After $388 Million Hack
Bitget reopened bitcoin withdrawals on Monday, the first step in bringing back a service the exchange has kept frozen since attack...
XRP ETFs Hoard 1.18 Billion XRP as Ripple Readies a 1 Billion Unlock
U.S. spot XRP exchange-traded funds (ETFs) now hold nearly 1.18 billion XRP after another week of inflows, a stockpile roughly the...
Aave’s live stock-token loans expose USDC lenders to a weekend price gap
Aave's Base market has accepted seven Coinbase stock tokens as collateral for USDC loans since Sept. 25, giving the stablecoin sup...