Tether-backed Orionx to shut down after audit flags $7M custody gap

CoinTelegraph2h agoUpdated 13m ago
Tether-backed Orionx to shut down after audit flags $7M custody gap
Smart Read

Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody.

Coins in this story

Discussion

Related stories

Decrypt

Ancient Bitcoin Wallet That Turned $120 Into $3 Million Wakes Up

At least four more decade-old wallets moved a combined $15.7 million between Aug. 29 and Sept. 4, with one batch of coins sent to Coinbase in a likely sign of a sale.

Decrypt

What Is Robinhood Chain? The Ethereum Layer-2 Network for Tokenized Stocks and Meme Coins

Robinhood Chain is an Ethereum layer-2 network built with Arbitrum technology for tokenized assets, crypto apps, and on-chain financial products....

Decrypt

Update Your Browser: Google Patches Chrome Flaw Hackers Were Already Using

The update fixes a high-severity flaw in Chrome’s V8 engine, but Google has not revealed who is using it or whom they targeted.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.