đ˘ Todayâs Top Crypto Headlines: đľ Tether Eyes $20B Raise ⢠Reportedly seeking up to $20B in funding â potential $500B valuation ⢠Would rank Tether alongside OpenAI & SpaceX as top private firms ⢠Represents 3% equity stake, but insiders view target as overly ambitious. đŁ Circleâs Market Pressure ⢠$USDC issuer market cap ~$30B ⢠Share price fell -5%, recovered +1.5% after hours ⢠$USDT vs $USDC supply: $170B vs $70B ⢠Investors question reserve-driven returns amid lower rates â Tether seen as more flexible under current regs. âď¸ SEC Considers âInnovation Exemptionsâ ⢠SEC Chair Paul Atkins plans exemptions by end of 2025 ⢠Aim: simplify approval of blockchain products/services ⢠Could accelerate institutional adoption and investment. â ď¸ UXLINK Exploited â $11.3M Lost ⢠Attackers minted 1B tokens, token value plunged -80% ⢠Market cap fell $150M â <$50M ⢠OKX & Bybit paused trading ⢠Twist: hacker later lost 542M tokens to a phishing scam â âpredator becomes prey.â đŚ Morgan...
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