Bitget has suspended withdrawals after unauthorized transfers drained about $351. 6 million from a limited number of its hot and warm wallets. The crypto exchange detected the transfers at 18:31 UTC on Sept.
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The central bank opened two proposals for comment under the GENIUS Act, requiring issuers it supervises to back tokens fully with safe assets and creating an application process for banks seeking to issue stablecoins.
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Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.
The network total covers all assets since launch; the DAO separately cites about $6 trillion in USDT transfers this year. The post Why TRON’s $30 trillion lifetime volume could become a trap appeared first on CryptoSlate .