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US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some assets.
Bitget published an updated incident report confirming that approximately $388 million in assets were affected by a security breach, slightly higher than the previous estimate of $352 million, with about $387.5 million transferred to attacker-controlled addresses, according to onchain tracing. The compromised assets include tokens on Ethereum Virtual Machine networks, the XRP Ledger, Zcash, and TRON, such as XRP, ETH, Tether (USDT), Zcash, USDC, USDT0, XAUt, BNB, AVAX, and TRX. The company stated the incident remains contained, and no further unauthorized transfers are possible, while continuing to pause withdrawals and launching a bounty program to recover the assets. The incident is considered one of the largest in the industry, with a previous notable theft involving approximately $1.5 billion worth of Ether from Bybit in February 2025.
Strategy’s proposal would move STRC and its three other preferred stocks to daily dividend payments, following a similar move by Bitcoin treasury firm Strive.
Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs.
Circle and Tether have frozen a wallet linked to the recent Bitget hack, which involved about $351.6 million in stolen funds. The freeze includes approximately $318,000 in stablecoins, with the wallet containing around 170.47 ETH, 218,023 USDT, and 99,990 USDC, according to on-chain data. Tether has also banned the wallet involved. However, other exploiter addresses still hold more than 63,000 ETH that cannot be frozen by issuers, and the overall extent of the stolen funds remains largely unfrozen.
Regulatory clarity is not simply a legal or political issue, argues former New York Governor Andrew Cuomo. It is an economic one.
While Tether's stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks.
STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.
CoinMarketCap has acquired the crypto derivatives data platform CoinGlass, which will continue to operate under its existing brand and team, with no changes to its website, app, tools, API, or pricing. CoinGlass tracks data such as open interest, funding rates, liquidations, and options across 28 exchanges and more than 2,500 instruments. The acquisition is intended to expand CoinMarketCap's coverage of leveraged trading and provide users with derivatives positioning data alongside cryptocurrency prices, including liquidation clustering and funding rate trends. CoinMarketCap highlighted that the acquisition will enhance the insights available to its users while maintaining CoinGlass's independent operations.
The analyzed Safari sample targets iOS 18.4–18.6.2 using previously patched flaws, while its effectiveness on iOS 26.5 remains unverified.
The MOVE index, which measures expected volatility in the U.S. Treasury market, has increased from around 80 to 104 since Tuesday, reaching its highest level since March, while volatility indices for bitcoin and the S&P 500 remain near their year-to-date lows, indicating a divergence between bond market volatility and equity or bitcoin markets. The 20-day correlation between the MOVE index and VIX has turned slightly negative for the first time since April 2024, with the correlation between BVIV and MOVE more clearly negative at −0.37. Rising global bond yields, driven by higher energy prices and inflation concerns amid the Middle East conflict, have increased bond market volatility but have not yet affected the volatility expectations for bitcoin and stocks. Despite the rise in bond volatility, bitcoin’s implied volatility remains close to its yearly low at around 37, and the VIX hovers near 14, suggesting underlying strength in bitcoin and equities according to the source.
Your day-ahead look for Sept. 25, 2026
IBIT’s expected volatility sits near the bottom of its 12-month range, according to Saxo Bank’s analysis of options data from Sept. 23.
Quant jumped 39% over 24 hours and 93 of 100 CoinDesk 100 constituents rose, with the altcoin season index at its highest in more than three months.
Yuga Labs’ 0xQuit said the NFTs are safe and will be returned once the risk passes, while holders were urged to revoke NFT permissions.
U.S.-listed spot bitcoin ETFs have reversed a $5.8 billion deficit earlier this year to show nearly $800 million in net inflows for 2023, according to data from SoSoValue. The turnaround coincided with bitcoin’s price recovery to around $85,000 from below $58,000 in June, and about $4 billion of inflows since August. Despite this positive trend, the year-to-date inflows remain significantly lower than the $35.2 billion in 2024 and $21.4 billion in 2025. The ETFs have experienced six consecutive days of inflows totaling $2.84 billion, which is notable but less than previous six-day records.
The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.
KelpDAO says LayerZero endorsed its bridge setup before the attack, while CEO Bryan Pellegrino has dismissed the lawsuit as meritless.
US spot Bitcoin ETFs drew $191 million Thursday as daily inflows slowed for a third day, lifting year-to-date net flows to $787 million.
Keonne Rodriguez, co-founder of Samourai Wallet, is facing another prison transfer after the drug treatment program at FCI McKean was deactivated, according to his statements on X. He described his transfer from FPC Morgantown to McKean as the "absolute worst 30 days" of his life, noting that his request to make the transfer himself was denied and detailing the difficult conditions during transit and at the facility. Rodriguez is serving a five-year sentence after pleading guilty to conspiring to operate an unlicensed money-transmitting business involving over $237 million in criminal proceeds, as stated by the Justice Department. He recounted being held in a cell with prisoners from different security classifications and experiencing rough conditions, including being assigned a partial foam mattress. The case coincides with ongoing congressional efforts to protect developers from certain money-transmission regulations under the Bank Secrecy Act.
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
Anthony Albanese said governments must help shape AI’s development, after revealing earlier that an OpenAI agent accessed non-public files on an Australian Medicare data portal.
Shielded Bitcoin would use zero-knowledge proofs and encrypted notes to hide transaction details without changing Bitcoin consensus, but researchers have raised questions about anonymity and quantum resistance.
Bitget suffered a $351.6 million hack, which involved attackers compromising a wallet backend and spoofing transaction data to trigger the exchange’s authorization process, according to CEO Gracy Chen. She emphasized that private keys were not compromised, describing the attack as similar to forging withdrawal slips in a bank, where the keys to the vault remained secure. The breach affected hot and warm wallets, but Bitget stated its offline cold wallets remain secure and that its User Protection Fund will cover the total loss. Withdrawals are temporarily suspended pending a security review, and a full technical report on the incident is pending.
