September in crypto: $200B wiped out in 15 minutes, a $351M exchange hack, and Bitcoin back above $85K.
The 5 stories our readers couldn't stop reading 🧵
The Clarity Act stalled in the Senate.
What that means for DeFi, and why the SEC and CFTC may now write the rules themselves:
bitcoinfoundation.org/news/a…
Iran is using Tether to move sanctioned oil money.
Tether froze $550M in Iran-linked USDT, and a Senate probe is asking how it got that far:
bitcoinfoundation.org/news/s…
$351M drained from Bitget.
Withdrawals frozen, North Korea suspected, and a probe pointing to a backend breach rather than leaked keys:
bitcoinfoundation.org/news/a…
Then the rebound.
Bitcoin climbed back above $85,000 despite a hawkish Fed and the Clarity Act setback. Why the market shrugged it off:
bitcoinfoundation.org/news/b…
$200B liquidated in 15 minutes.
A US jobs shock sent Bitcoin plunging and wiped out leveraged traders across the market. Here's what happened:
bitcoinfoundation.org/news/b…
