Tag: Cryptocurrencies
Bitcoin is trading near $83,200–$83,500 on 28 September after rejecting an eight-month high above $87,000 last week. The pullback is orderly, not a breakdown: US spot Bitcoin ETFs absorbed about $2.39 billion in the week ended 25 September — the largest weekly haul since October 2025 — and 2026 year-to-date flows flipped positive after a $1.96 billion deficit. Ether ETFs added roughly $690 million. Strategy bought another 1,665 BTC for about...
Bitget starts phased withdrawals after $388 million exploit, 2026’s largest crypto theft
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Bitget began restoring Bitcoin withdrawals at 8:00 UTC on Sept. 28 after a Sept. 24 exploit that drained about $388 million.
The exchange said attackers compromised a backend wallet system and spoofed transaction data; private keys were not stolen.
A User Protection Fund of more than $464 million is covering the loss, and customer balances were not written down.
Ether, USDT and remaining assets are scheduled to return in stages through Oct....
SEC Staff Clarifies Stance on Token Buybacks and Liquid Staking in New FAQs
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The U.S. Securities and Exchange Commission (SEC) staff published a series of new frequently asked questions regarding crypto assets.
The guidance specifically addresses compliance parameters surrounding token buybacks and liquid staking protocols.
Market participants and legal experts are actively analyzing the potential impact of these clarifications on decentralized finance operations.
The U.S. Securities and Exchange Commission has...
Bitget Raises Breach Estimate to $387.5 Million, Sets Phased Withdrawal Restart
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Bitget confirmed about $387.5 million moved to attacker addresses on Sept. 24, up from an initial $351.6 million after adding Zcash and TRON assets.
CEO Gracy Chen said attackers spoofed transaction data in a compromised wallet backend; private keys and cold wallets were not taken.
A User Protection Fund of more than $464 million is slated to cover the loss. Withdrawals restart in phases from Sept. 28.
Bitget said onchain tracing now puts...
Iran Proposes Unexpected Diplomatic Plan Amid Regional Tensions, Awaiting Trump Administration Response
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Iran has reportedly introduced an unexpected diplomatic initiative aimed at easing ongoing regional conflicts and de-escalating geopolitical tensions.
The proposal comes as global markets and digital asset traders closely monitor foreign policy developments surrounding the upcoming U.S. presidential transition.
Tehran is currently waiting for a formal response or signal from the incoming administration of Donald Trump regarding the...


