Mercado Bitcoin will cover losses after $40M breach
Mercado Bitcoin says it will absorb about $38 million in losses after a breach, while partners have frozen funds and deposits and withdrawals remain paused.
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Markets, chains and policy news
Mercado Bitcoin says it will absorb about $38 million in losses after a breach, while partners have frozen funds and deposits and withdrawals remain paused.
2 min read
Binance has reopened withdrawals for some tokens after a $6.3 billion theft, while it expands access in phases and continues recovery and security checks for users.
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The OCC is urging community banks to consider issuing dollar-linked stablecoins through subsidiaries, giving smaller lenders a path into payments under new federal rules.
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Tether’s Q3 report values its Bitcoin at $8.37 billion, up from $5.8 billion in June, giving USDT holders a snapshot of assets backing the token.
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Binance says attackers took about $6.3 billion from its hot wallets, and it plans phased withdrawals as it replenishes assets and traces the stolen funds.
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Binance says it has replaced 90% of assets stolen in a $6.3 billion hack and aims to restore withdrawals Sunday, while its investigation continues.
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Stable pools can cut trading costs for assets that should stay near the same price, while volatile pools suit tokens that may move apart. Choose by the pair.
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Binance says attackers stole about $6.3 billion from its hot wallets and it will cover the loss, while investigators have frozen about $3 billion in funds so far.
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Binance says a security incident affected about $6.3 billion, with $3 billion frozen so far; withdrawals remain paused as the exchange investigates the breach.
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Fermi Swap fills trades from its own token stock, so large orders depend on available inventory, the quote and what remains when a transaction executes on chain.
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