Bitget Hack Pushes North Korean Crypto Haul Past $1 Billion
Stablecoin issuers Circle and Tether froze a small portion of funds after hackers stole nearly $387 million from Bitget.
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How much the press wrote about Tether each day, and what its busiest market did over the same days.
Stablecoin issuers Circle and Tether froze a small portion of funds after hackers stole nearly $387 million from Bitget.
The stablecoin issuer states its maximum exposure was under $64 million following the seizure of assets linked to the fiat gateway network.
The Federal Reserve proposes capital and reserve rules for stablecoin issuers under the GENIUS Act, while the administration considers promoting USD-backed tokens to cement dollar dominance.