Nearly 5,000 Bitcoin has left Bitget’s tracked reserves after the crypto exchange reopened withdrawals following its $387.5 million hack. On Sept. 28, Bitget Chief Executive Officer Gracy Chen said the exchange had processed 9,585 withdrawal orders totaling 4,098.036 BTC as of 17:00 UTC+8, shortly after it resumed Bitcoin withdrawals. Separate DeFiLlama data showed Bitget’s tracked…
THORChain is facing a fresh dispute over its handling of stolen funds after Bitget and security researchers publicly asked the network to block addresses linked to the September 24 exploit. The argument has widened into a fight over whether a permissionless protocol can refuse known stolen assets without compromising the censorship resistance it claims to…
Michael Saylor-led Strategy (formerly MicroStrategy) has made back-to-back weekly Bitcoin purchases for the first time since June, rebuilding its holdings after selling some of the cryptocurrency earlier this quarter. On Sept. 28, the company said it acquired 1,665 Bitcoin for $142.7 million during the week ended Sept. 27, paying an average of $85,681 per token. That followed…
Charles Hoskinson has argued that Cardano’s Midnight network will eventually eclipse Zcash, citing developments including private agents, selective disclosure, and a DeFi kernel designed to work across major chains. His claim comes as Zcash trades far above its level from a year ago, while Midnight’s NIGHT token remains nearly 78% below its all-time high. Midnight’s…
When stETH holders seek ETH through Lido’s withdrawal queue, the protocol can use ETH in its buffer to finalize their requests. Some of that buffer is also protected for new validator deposits. The more ETH set aside for deposits when both uses compete, the less is immediately available to the withdrawal queue. Lido’s Curated Module…
At about 04:20 UTC Monday, Bitget’s public feed showed BTC and ETH futures trades taking place after the exchange’s Sept. 24 security breach. On Sept. 28, Bitget said it had opened BTC withdrawals on the Bitcoin network, the first stage of its phased plan. The notice says the service is open; it does not document…
XRP lost its $1.50 price pivot today, sliding to $1.47 after a daily decline of about 3%. The break forces a binary question onto the chart: does the selling pressure showing up in spot-market volume resolve into a quick reclaim, or does it open the door to a deeper slide toward $1.40-$1.42? The 200-day EMA…
Unlike leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), HYPE — the native token of the popular decentralized exchange — has had quite a successful year, rallying by over 100% during that period. Earlier this month, it hit a new all-time high of almost $100, but bears stepped in, and the asset is…
Brazil will require regulated financial institutions to report large crypto transfers involving self-custody wallets from Oct. 1. Under Resolution BCB 588, institutions authorized by the Banco Central do Brasil must notify the Financial Activities Control Council (Coaf) whenever they send virtual assets worth at least $10,000 to a self-custody wallet or receive the same amount…
The bank is bringing its roughly $100 billion Treasury fund to institutional crypto firms without creating a tokenized version of it.