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Bitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recovery

UnchainedUnchained4h ago5/10

Unchained breaks down that most of Tether's $3.8B reserve recovery came from higher bitcoin and gold marks, not new capital.

#Stablecoins
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  1. 1

    Binance hit by $5.8B hack as Tether and Circle freeze billions

    Cointelegraph1d ago9/10

    Binance is investigating a multibillion-dollar hot wallet breach, with Tether and Circle freezing over $2.36B in stablecoins; the figures are still shifting.

    Also covered by r/CryptoCurrency, CoinDesk, Protos, theguardian.com +7 more
    #Security#Stablecoins
  2. 2

    Binance is investigating a major security incident that resulted in unauthorized withdrawals estimated to have a financial impact of about $6.3 billion, the cryptocurrency exchange said.

    r/CryptoCurrency10h ago8/10

    Binance reports a security incident with unauthorized withdrawals estimated at $6.3 billion.

    #Security#Markets