
THORChain Refuses to Block Bitget Hack Funds, Sparking Debate
THORChain declined to block stolen funds from the Bitget hack, contrasting with NEAR Intents' intervention and igniting debate over permissionless ideals.
The latest in digital assets, markets and regulation.

THORChain declined to block stolen funds from the Bitget hack, contrasting with NEAR Intents' intervention and igniting debate over permissionless ideals.

Strategy's board proposed shifting four digital credit securities to daily dividends on September 24, aiming to align with Strive's recent SATA rebranding.

The ECB Governing Council issued calls for digital euro pilot participation, responded to the MiCAR review consultation, and designated Visa Europe as a systemically important payment system.

NEAR Intents temporarily halted operations after a $3.8 million exploit traced to KuCoin, but restored core services within an hour and committed to full user reimbursement.

Bitcoin rose to $86,757 after August core PCE inflation fell below expectations, increasing the probability of a Federal Reserve rate hold in October.

Stablecoin issuer Circle asked the European Commission to replace mandatory bank-deposit minimums with flexible liquidity standards in its MiCA review response.

ECB Vice-President Boris Vujčić argues that completing the banking union and capital markets union is essential for European bank competitiveness, rejecting claims that lower capital requirements drive growth.
Crypto exchange Bitget confirmed a $388 million cyberattack, with CEO Gracy Chen stating that only $1.1 million has been frozen so far.

Economist Saifedean Ammous argues that smaller Bitcoin treasury companies cannot compete with Michael Saylor’s Strategy due to its massive holdings and lower borrowing costs.

Coinbase introduced Anthropic pre-IPO perpetual futures for non-U.S. users, while Metaplex expanded its Vantage beta access and DogeOS launched an EVM-compatible testnet.

Maelstrom CIO Arthur Hayes argues that financing AI infrastructure may force monetary expansion, potentially lifting cryptocurrency valuations.

Coinbase-issued tokenized stocks on the Base blockchain generated $1.5 billion in decentralized exchange volume over the past 30 days, a 313% increase from the prior period.