Nearly $90 million in funds related to Ledger were stolen, and Tether froze the associated USDT.
After a security incident, prices typically go through three stages:
1) Panic: The news hits, and selling pressure concentrates;
2) Assessment: How large are the losses relative to the project's size? Are the stolen funds being dumped?
3) Recovery: The team's compensation plan determines whether confidence can return.
$BTC is currently at 82913.16, up 1.45% over 24 hours. Don't rush to buy the dip; wait until the second stage becomes clearer.
For reference only. Trade at your own risk.
After a security incident, prices typically go through three stages:
1) Panic: The news hits, and selling pressure concentrates;
2) Assessment: How large are the losses relative to the project's size? Are the stolen funds being dumped?
3) Recovery: The team's compensation plan determines whether confidence can return.
$BTC is currently at 82913.16, up 1.45% over 24 hours. Don't rush to buy the dip; wait until the second stage becomes clearer.
For reference only. Trade at your own risk.