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Business

Bitget reopens bitcoin withdrawals four days after $387m hack

Bitget's notice reopening bitcoin withdrawals runs to two sentences and mentions neither ETH, USDT nor the $387.5m estimate it revised upward.

CryptoSlate and Bitget's support centre 4 weeks ago · 5 min read
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Business

Bitget suspends withdrawals after $351.6m leaves its hot wallets

Bitget says a $351.6m loss is fully covered by its $464m protection fund. Withdrawals stay paused, and no UK compensation scheme sits behind that.

CryptoSlate and CoinDesk 4 weeks ago · 5 min read
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Business

FCA rules keep Robinhood’s new 10x crypto perps out of the UK

Robinhood is offering crypto perpetual futures at up to 10x leverage in the US. FCA rules have barred UK retail from crypto derivatives since 2021.

The Defiant, with regulatory material from the FCA 4 weeks ago · 7 min read
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Business

Binance’s CoinMarketCap buys CoinGlass, the liquidation tracker traders watch

Terms weren't disclosed. The deal puts data on Binance's rival venues, including liquidations and funding rates, inside one exchange group.

The Defiant 1 month ago · 1 min read
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Business

Tether puts its exposure to an at-risk offshore bank below 0.034%

Tether says under 0.034% of group assets sit at EQIBank. On a base above $160bn that is still tens of millions, and nobody outside can check it.

The Defiant, CryptoSlate and PYMNTS 1 month ago · 4 min read
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Business

Hacker moves $83m of XRP taken from Bitget

About $83m of the XRP taken from Bitget has been moved on, leaving roughly $75m in the original wallets. Ripple has no power to freeze any of it.

CoinDesk 1 month ago · 7 min read
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Business

Circle and Tether froze $318,000 of the $387.5m taken from Bitget

Circle and Tether blacklisted a wallet holding about $318,000 in USDC and USDT. Most of the rest had already been swapped into ether, which can't be frozen.

Decrypt and CryptoSlate 1 month ago · 8 min read
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Business

Revolut’s euro stablecoin is live in three countries, and the UK isn’t one

Revolut has begun issuing EURR to selected users in Denmark, Poland and Portugal. Bridge Building, not Revolut, is the legal issuer and redemption counterparty.

The Defiant 1 month ago · 5 min read
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Business

BitMEX has stopped trading and leftover balances now cost money

Trading ended at 04:00 UTC Wednesday and balances left behind now attract a fee, per Decrypt. Withdrawals remain open, so this is a wind-down.

Decrypt, with regulatory detail from the FCA 1 month ago · 5 min read