Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul
Following a massive $387.5 million hack, nearly 5,000 Bitcoin left Bitget reserves as stolen funds were laundered through cross-chain bridges and mixing…
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Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up
Michael Saylor's Strategy has made back-to-back weekly Bitcoin purchases for the first time since June, pushing its total reserves to a record…
Lido’s 1,500 ETH reserve target could slow stETH withdrawals in a crunch
Lido's 1,500 ETH deposit reserve target creates competition for funds in the protocol buffer, potentially slowing stETH withdrawals during high-stress periods and…
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Bitget says Bitcoin withdrawals are open after $387M hack, but ETH and USDT must wait
Bitget reports that Bitcoin withdrawals are open following its $387 million security breach, while withdrawals for Ethereum and USDT are scheduled to resume on subsequent dates as part of a…
Brazil’s $252 billion crypto market gets $10,000 self-custody reporting rule
Brazil implements a new rule requiring regulated financial entities to report cryptocurrency transfers of $10,000 or more involving self-custody wallets to the Financial Activities Control Council starting October 1.
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
A Bank for International Settlements working paper reveals that while USDT issuance grew on Ethereum through 2024, smart contract holdings stalled, challenging assumptions about expanding stablecoin supplies and decentralized finance…
Russia lets crypto exchanges apply October 5 – but even Bitcoin lacks final retail clearance
Russia opens applications for cryptocurrency exchanges and digital depositories starting October 5 under new Bank of Russia guidelines, though retail crypto trading approval remains pending.
OKX US to sell USD trading bot positions if users miss Sept 30 deadline
OKX US warns users that remaining open orders and automated trading bots on targeted USD trading pairs will be canceled or liquidated if not migrated to USDC pairs before the…
Bitget had 30 minutes to contain its hack before $290 million started moving
Crypto exchange Bitget had a critical 30-minute window to contain a major security breach before malicious actors drained hundreds of millions of dollars from its wallets, according to a timeline…
California signs into law restrictions banning public officers from issuing crypto meme coins
California Governor Gavin Newsom has signed AB 2409 into law, banning public officers and select government employees from issuing political meme coins while imposing listing restrictions on digital asset service…