Prop firm news

LIVE

Live updates: promos, term changes, new challenges, payouts.

Total news
3
Firm
0
--:--
updated
Firm
Category
PropMarketCapFRESHInstitutional players and funds

Tether claimed 150,000 BTC - that's 50,000 coins more than in its own report

Tether CEO (the company issuing the largest stablecoin USDT - a coin with an exchange rate pegged to the dollar) Paolo Ardoino cited a figure of 150,000 BTC, worth roughly $11.5 billion. The company's quarterly report lists about 100,000 BTC, and he did not specify where the difference came from.

PropMarketCapFRESHExchanges and infrastructure

Tether froze $1.5 billion in the USDT stablecoin out of the $6.3 billion stolen from Binance

On October 29, about $6.3 billion was withdrawn from Binance wallets across several blockchains. Tether, the issuer of the largest stablecoin (a coin whose exchange rate is pegged to the dollar), said it managed to immobilize more than $1.5 billion of the stolen USDT.

PropMarketCapFRESHExchanges and infrastructure

Mercado Bitcoin halted withdrawals: over $40M drained from the crypto exchange's wallets across 10 networks

Brazil's largest crypto exchange Mercado Bitcoin suspended deposits and withdrawals on Monday, November 2, after its wallets were emptied across ten blockchains at once. Loss estimates from specialized security firms exceed $40M.