Reserves still cover about 85.8% of outstanding L-BTC, leaving a roughly 603 BTC shortfall.
This is the summary The Defiant publishes in its feed. The full article lives on their site.
Buyers fund contracts in USDC and cannot exit before expiry. US and UK residents are among those excluded.
Affected customers will receive individual deadlines for closing positions and withdrawing assets. Users without a notice can continue subject to the exchange’s terms.
The Japanese seller disclosed the deal to the Tokyo Stock Exchange four weeks ago, with the price withheld at the buyer's request
Victims got back $9.8 million of the $1.18 billion traced between January and August, and every dollar frozen or returned came through governance or validator action
Order execution would be off by default, with AI agents restricted to a dedicated trading account that users choose to fund.
The Swiss regulator cleared a retail exchange-traded fund that holds bitcoin directly, without naming the fund or its issuer, and warned that the investment remains highly risky. The...
