Bitdeer

News 2026 February 23, 18:00 (4 hours ago )

6h Crypto Recap Bitcoin, XRP, USD1, SHIB — hacks, whales, and big bets

A political advisory group discussed a proposal tied to #USD1 that would use a dollar-backed stablecoin structure for Gaza rebuilding. The idea centered on stablecoin rails and oversight as a delivery mechanism.

An attempted attack targeted #USD1 stablecoin infrastructure and triggered fresh scrutiny around stablecoin security assumptions. The incident revived debate over how resilient new stablecoin designs are under stress ⚠️.

#Bitdeer sold its entire #Bitcoin treasury as mining margins tightened and financing pressure increased. The move highlighted how miner balance sheets can shift quickly when conditions worsen.