Bitget CEO Criticizes THORChain for Refusing to Block Hack Addresses
Summary: Bitget CEO Gracy Chen criticized THORChain for refusing to block hacker addresses after a $387.5 million breach, citing the protocol's prior 39-day network shutdown.
Latest News
Coinbase Secures CFTC Approval for In-House Derivatives Clearing
Summary: The CFTC registered Coinbase Clearing LLC as a Derivatives Clearing Organization, enabling the exchange to clear certain futures and swaps in-house.
Trump Signs Voluntary AI Accord With Tech Giants
Summary: President Trump and six major tech executives signed a voluntary accord requiring self-policing, audits, and board oversight for frontier AI models.
Bitget Launches Alliance Program With Rewards Funded by 30% of Trading Fees
Summary: Bitget launched a four-week Alliance program distributing rewards from 30% of net fee revenue to recognize user trust following a recent security incident.
Bybit Expands Perp Options to Eight Tickers Including Tesla and SOXL
Summary: Bybit added six new tickers including Tesla and SOXL to its Perp Options product, bringing the total to eight, while launching a trading challenge with up to 70,000 USDT in rewards.
Bitget Hack Triggers Record $463M One-Day Outflow
Summary: A $388 million security breach at Bitget led to a record $463 million net customer outflow within 24 hours of withdrawal restoration.
Bitget launches reward pool for users after security incident
Summary: Bitget has launched a four-week Alliance Program distributing 30% of eligible transaction fee revenue to users following a recent security incident.
Cboe, S&P Extend Deal to Explore Tokenized Options
Summary: Cboe Global Markets and S&P Dow Jones Indices extended their exclusive licensing agreement through 2051, signaling potential collaboration on tokenized options contracts.
Aztec Labs Relaunches zk.money Privacy Wallet on Ethereum Layer-2
Summary: Aztec Labs has relaunched its self-custodial privacy wallet, zk.money, on the Aztec Network layer-2, enabling private stablecoin transfers with initial transaction caps.
Bybit Adds Franklin Templeton Tokenized Funds as Institutional Collateral
Summary: Bybit has partnered with Franklin Templeton to allow eligible institutional clients to pledge tokenized money-market fund shares as off-exchange collateral for trading.
Bitget Sees $463M Outflows After Crypto Hack
Summary: Crypto exchange Bitget recorded approximately $463 million in net customer outflows within 24 hours following a recent theft of $388 million.
Bitget Users Withdraw Over 4,000 BTC in One Hour After $388M Hack
Summary: Following a $388 million hack attributed to North Korean actors, Bitget resumed withdrawals, resulting in over 4,000 Bitcoin being moved by users within the first hour.
50T CEO Dan Tapiero Declares New Bitcoin Bull Phase Amid Core Revenue Growth
Summary: Dan Tapiero, founder of 50T Funds, identifies a new bull phase in digital assets driven by revenue growth in stablecoins, tokenization, and Hyperliquid.
Coinbase and Citi Link Virtual Accounts for Stablecoin Payments
Summary: Coinbase and Citi have integrated their virtual account systems to allow businesses to automatically convert incoming fiat into stablecoins, initially rolling out in the United States.
Shuchart Warns of Winter Energy Pinch Amid Hormuz Disruptions
Summary: NinjaTrader senior economist Tracy Shuchart highlights six million barrels daily lost in the Strait of Hormuz, warning that GCC output losses and crack spreads indicate a worsening winter energy pinch.
BTSE Bhutan Secures Full License in Gelephu to Launch Regulated Crypto Trading
Summary: The Gelephu Financial Services Office granted BTSE Bhutan a full license, enabling regulated digital asset trading and custody operations within the special administrative region.
Bitwise Report: Institutions Bought Bitcoin Dip, Sovereigns Swap Gold
Summary: Bitwise research reveals that major institutions increased Bitcoin holdings during the $125K to $60K decline, with sovereign funds selling gold for crypto.
Prediction Markets See Stronger September Jobs Than Consensus
Summary: Traders on Kalshi and Polymarket assign higher probabilities to strong September job gains than the Dow Jones consensus forecast of 84,000.
FDIC, Fed Find No Shortcomings in 15 Banks' Resolution Plans
Summary: The FDIC and Federal Reserve published feedback letters for 2025 resolution plans from 15 banking organizations with over $250 billion in assets, identifying no shortcomings.
PS5 Jailbreak Relapse Released as Sony Faces Digital Ownership Lawsuit
Summary: The Relapse exploit chain enables custom code execution on PS5 firmware 7.00 through 13.60, coinciding with Sony's legal defense against claims that players do not own digital games.