The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why
Market makers are the backbone of every crypto exchange, ICO, DApp and many token listings, which is exactly why investors shouldn’t shrug off Wintermute’s hack.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Market makers are the backbone of every crypto exchange, ICO, DApp and many token listings, which is exactly why investors shouldn’t shrug off Wintermute’s hack.
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
U.S. Targets $1.2 Billion From Binance Hack—Where Is the Rest?
The Binance hack recovery has reached a significant milestone: U.S. authorities say more than $1.2 billion in stolen cryptocurrenc...
US seizes $1.2 billion frozen after North Korean Binance hack
The US Department of Justice (DoJ) yesterday announced the seizure of $1.2 billion in cryptocurrency stolen from Binance last mont...
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance said on Nov. 12 it has finished covering all assets hit in its Oct. 29 hack, though customers can’t yet check that for the...
Binance Puts New Reserve Snapshot Under Scrutiny After $6.3B Crypto Hack
Key Takeaways: Binance states that assets affected by the hack of $6.3B are covered. There is now a new Proof of Reserves snapshot...
U.S. Wholesale Inflation Hits 6.5%—What It Means for Bitcoin’s Next Move
Bitcoin’s inflation problem has a fresh complication. U.S. wholesale prices rose 6.5% over the year to October, their fastest annu...
Over 300 Pro-Crypto Lawmakers Are Coming Into Congress
▶Bitcoin Magazine Over 300 Pro-Crypto Lawmakers Are Coming Into Congress Mason Lynaugh, executive director of Stand With Crypto, j...