Bitcoin24h $117,568.68+1.61%

Ethereum24h $3,757.88+1.88%

XRP24h $3.18+2.92%

BNB24h $783.76+2.28%

Solana24h $188.43+5.40%

Dogecoin24h $0.2383+4.26%

TRON24h $0.3176+0.78%

Cardano24h $0.8250+3.58%

Hyperliquid24h $44.70+5.09%

Sui24h $4.04+9.45%

Mallers says no bitcoin rehypothecation at Strike — but what about re-pledging?

Customers concerned about Strike rehypothecating the BTC backing their loans have received a response from Jack Mallers.

Tether thinks Jack Mallers will keep focus on Twenty One’s BTC, not USDT

Jack Mallers will serve as the dual CEO of Strike and Twenty One. His new venture already has a post-merger valuation above $9B.

Jack Mallers promised many things that never came true, earning him exposure for his Bitcoin app Strike. Lately, though, he’s gone quiet.

Crypto researcher ZachXBT published evidence of a Strike email breach. A spokesperson initially denied it, then admitted its truth.