Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack. Source link
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Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30 days. Source link
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Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B. Source link
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Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data. Source link
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It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today. Source link
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Vercel says attackers accessed its internal systems, sparking fears poisoned Next.js code could be used to drain funds from DeFi apps. Source link
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Code Is Law: Crypto’s Unstoppable Heists, out tomorrow, explores why very few crypto hackers ever appear in court. Source link
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Crypto experienced 1.7M forced liquidations and a $600B market-wide crash on October 10. Now, traders are considering lawsuits. Source link
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Zhao has interacted with at least four sketchy crypto accounts on X, one of which faked how much they got in Binance’s $400M recovery plan. Source link
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Not even Ripple, Kraken, SBI, Pantera, GSR, and Arrington Capital were able to break the XRP stocks losing streak this week. Source link