Crypto’s Trust Crisis Hits Hard: Hacks, Gaps, and Rehypothecation Today
Crypto custody is failing: a $320M hack, a Tether-backed exchange collapse, and Bitcoin rehypothecation today. Here’s what it means for your coins.
Crypto custody is failing: a $320M hack, a Tether-backed exchange collapse, and Bitcoin rehypothecation today. Here’s what it means for your coins.
Tether-backed Orionx shuts down after an audit uncovered a $7M custody gap. Analysis of the fallout for stablecoin trust, regulatory impact, and what investors should do.
Tether faces lawsuit for freezing pig butchering scam coins. Meanwhile, 6,600 Korean students take crypto-backed loans. Analysis of stablecoin trust and Asian crypto lending trends.
Nigel Farage’s mysterious donor is linked to Tether, the world’s largest stablecoin issuer. This exposé reveals the political and financial risks of their alliance for UK crypto regulation.
Stablecoin market cap fell $10B since May, with a $7.7B June drop — the largest since Terra crash. Analysts say it’s a healthy correction, not panic.