Bitget hack losses climb to $387.5M as exchange blames spoofed transfers, North Korea suspected
Bitget said private keys were not compromised and the User Protection Fund will cover losses, while stablecoin issuers froze only a small share of stolen funds.
Theblock · +5 outlets
Bitcoin ETFs turn positive for 2026, erasing a $5.8 billion year-to-date deficit
At one point in July, US spot Bitcoin ETFs were down $5.8 billion net for the year; flows have since swung to about $800 million in net inflows.
Coindesk · +9 outlets
Fed proposes reserve limits and capital standards to implement GENIUS Act stablecoin rules
The Federal Reserve's proposals cover reserve-asset limits, standardized capital requirements and stablecoin yield programs under last year's GENIUS Act.
Theblock · +13 outlets
SEC's Hester Peirce to depart next week, ending her run as the agency's steadiest crypto advocate
Peirce, sometimes called Crypto Mom, is leaving Oct. 2 as the SEC circulates new crypto guidance.
Coindesk · +13 outlets
KelpDAO sues LayerZero over $292M rsETH bridge exploit, alleging endorsed weaknesses
The cross-chain lending protocol alleges LayerZero and co-founder Bryan Pellegrino failed to disclose flaws in a setup used in the April 18 exploit.
Theblock · +5 outlets
Strategy proposes daily dividends on four preferred stocks in push to restore STRC to $100
STRC has traded below $100 since May despite a 12% dividend rate and roughly $1 billion in preferred buybacks.
Coindesk · +5 outlets
SEC staff FAQ addresses token buybacks, network upgrades and profit expectations
Staff guidance said promoting a network's current uses generally would not create an expectation of profit, as CLARITY Act momentum stalls.
Theblock · +7 outlets
Bitcoin holds near $84K as Treasury yields hit multi-decade highs and traders cut $1.7B in leverage
The 10-year Treasury yield climbed to 5.22%, the highest in decades, while bitcoin and equity volatility gauges stayed near yearly lows.
Cryptoslate · +14 outlets
US crypto ETFs draw over $3 billion in a week, with nearly $800 million going beyond Bitcoin
Spot products tracking Bitcoin, Ethereum, Solana, XRP and Zcash pulled in roughly $3.04 billion as demand broadened past BTC.
Cryptoslate · +14 outlets
Sixth Circuit rules Kalshi sports contracts are not swaps, subject to state regulation
The appeals panel's decision is a second judicial blow to prediction markets' argument for federal-only oversight.
Coindesk · +14 outlets
New York sues Polymarket, alleging it runs an illegal gambling operation
The state seeks to block Polymarket from operating without a gambling license and to recover allegedly illegal gains.
Coindesk · +14 outlets
Blockchain Association CEO Summer Mersinger to step down, Kristin Smith returns as interim
The leadership change comes shortly after the crypto CLARITY Act effort fizzled in Congress.
Theblock · +7 outlets
Magic Eden legacy approvals left $5.7M in NFTs exposed; whitehats rescued 23,155 tokens
Revoke.cash warned that a payment processor permission survived the EVM marketplace's closure.
Theblock · +3 outlets
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans
Apple, Nvidia, Tesla and four other tokenized equities can back USDC borrowing for non-US users.
Theblock · +14 outlets
ARK Invest puts its $1.3 billion venture fund onchain via Securitize, offering OpenAI and Anthropic exposure
The ARKVX fund, which also holds Stripe, is being tokenized on Ethereum for onchain investors.
Theblock · +14 outlets
JPMorgan says bitcoin above $85K production cost could ease miner selling pressure
Analysts said a sustained move above the estimated cost of production would relieve pressure on miners.
Theblock · +8 outlets
Federal prosecutors seek $84.2M from bank tied to Tether and Bitfinex
The action targets a Montana payments firm and a Caribbean bank accused of moving money without a license; Tether says exposure is limited.
Decrypt · +1 outlets
Researchers publish Zcash-style design for private Bitcoin transfers without a soft fork
The scheme uses zero-knowledge proofs and encrypted notes to hide transaction details without changing Bitcoin consensus.
Cointelegraph