BEARISH 55 The Defiant 1H ago · 1 min read

Chainalysis traces Binance hack funds through DeFi receipt tokens like jUSDT

AI summary

Chainalysis has identified a DeFi receipt-token route used in the Binance hack, where funds move through lending protocols as wrapped tokens. A separate onchain example shows USDT deposited into JustLend, transferred as jUSDT, and redeemed by another wallet. Traders should note that receipt tokens like jUSDT can obscure fund trails, raising compliance and tracking risk for DeFi lending platforms.

Read at source

The Defiant Follow USDT

Bullish Aave lifts Bitcoin and Ether collateral borrowing limits across V3 and V4

Aave has raised borrowing limits for Bitcoin and Ether collateral across its V3 and V4 deployments.

The Defiant 10 2D

Bearish Hedge funds cut 68,000 BTC of spot ETF exposure, Galaxy Research says

Galaxy Research reports that hedge funds reduced their spot Bitcoin ETF exposure by 68,000 BTC, a sizable institutional exit from..

Crypto Briefing 13 2D

Bearish Binance’s $6.4B hack overshadows Hyperliquid’s regulated US perps launch

Binance suffered a $6.4 billion hack, the largest in crypto history, according to the report.

Decrypt 16 1D

Bullish Bitcoin climbs to $81.5K as stronger US GDP data lifts risk sentiment

Bitcoin rose to $81.5K, returning to a key weekly resistance level, after US GDP data came in above expectations.

Cointelegraph 33 1D

Bearish Tether, Circle, Ripple freeze $2.6 billion as Binance hack outflows near $6 billion

Stablecoin issuers Tether, Circle, Ripple and World Liberty Financial have frozen more than $2.6 billion in digital assets tied to a..

CryptoSlate 11 1D

Bearish Potential multi-billion Binance hack hitting crypto markets

Reports of a potential multi-billion dollar hack at Binance are pressuring crypto markets, with prices sliding across the board.

CoinDesk 18 1D

Measure	Today	7 days	30 days
Visitors	191	1,317	2,089
Page views	323	3,049	8,113