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Circle, Tether Freeze Hacker Wallet After Bitget's $351 Million Heist: What's Going On?

Circle, Tether Freeze Hacker Wallet After Bitget's $351 Million Heist: What's Going On?

Circle and Tether froze a wallet linked to Thursday’s $351.6 million Bitget hack, though the frozen amount covers only a small fraction of the total amount stolen.What Got FrozenCoinDesk reported Friday that Circle blacklisted the address, labeled ā€œBitget Exploiter 8ā€ on Etherscan, at 05:00 UTC.Bl…

CZ Denies Moving Bitcoin Price, Says $3 Trillion Crypto Market Is ā€˜Nowhere Near Saturated’

CZ Denies Moving Bitcoin Price, Says $3 Trillion Crypto Market Is ā€˜Nowhere Near Saturated’

Binance founder Changpeng Zhao has an answer to whether his tweets move crypto markets, no, they don’t, even when the timing looks suspiciously perfect.Zhao addressed speculation that his August 19 tweet triggered a 20% Bitcoin rally that unfolded just hours before Trump’s crypto summit speech. ā€œThe…

Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft

Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft

The Bitget hack has turned into a much bigger security incident than the exchange’s first estimate suggested. Bitget now says attackers stole $387.5 million from its exchange wallets on September 24, while withdrawals remain suspended and the company says its protection fund covers the loss.Mandiant…

Bitget’s $388 Million Hack Could Consume 84% of Its Protection Fund

Bitget’s $388 Million Hack Could Consume 84% of Its Protection Fund

Bitget has raised its estimate of assets transferred to attacker-controlled addresses from $351.6 million to $387.5 million, adding transfers through Zcash and TRON that were missing from the first calculation.London's trading industry is coming home!The revised figure is about 83.5% of its User Pro…

Why Peter Brandt Still Won’t Call XRP An Investment: ā€˜Useful Doesn’t Mean Valuable’

Why Peter Brandt Still Won’t Call XRP An Investment: ā€˜Useful Doesn’t Mean Valuable’

Veteran trader Peter Brandt is standing firm on his long-held skepticism about XRP, even as the token racks up bank partnerships around the world, and his argument comes down to one basic question nobody’s answered yet.Asked whether growing institutional partnerships have shifted his long-standing v…

3 Altcoins That Could Reach All-Time Highs By Next Week

3 Altcoins That Could Reach All-Time Highs By Next Week

Three altcoins are sitting near levels that could quickly turn another rally into fresh all-time highs. 3 altcoins that could reach all-time highs by next week are WhiteBIT Coin, Hyperliquid, and Venice Token, based on their current daily-chart structures and resistance levels.WBT Price Needs One Mo…

Squeeze Watch: 10 Stocks With Over 33% Short Interest

Squeeze Watch: 10 Stocks With Over 33% Short Interest

Ten stocks worth more than $2 billion each have more than a third of their float sold short. At the top of the list, one company has more than 80% of ONDS stock is heavily shorted.Ā A screen of stocks with market caps above $2 billion and 14-day average volume above 1 million shares was run on Sept.…

Bitcoin Is an 'Exit Asset'—Ethereum Is the New Rails Bet, Ex-BlackRock Exec Says

Bitcoin Is an 'Exit Asset'—Ethereum Is the New Rails Bet, Ex-BlackRock Exec Says

SharpLink CEO Joseph Chalom says Bitcoin is ā€œan exit asset,ā€ while Ethereum is his bet on the new financial rails.Why Chalom Sees $4 Trillion in Fees at RiskChalom told The Wolf of All Streets podcast that four crypto ingredients are converging to create a new agentic economy: stablecoins as progr…

Former Hack VC partner Hsin-Ju Chuang’s death ruled a suicide

Former Hack VC partner Hsin-Ju Chuang’s death ruled a suicide

Update (Sept. 25, 18:30 UTC). This article was updated with additional details on Hsin-Ju Chuang’s cause of death.Hsin-Ju Chuang, a former partner at crypto venture firm Hack VC, died at age 37, according to the San Bernardino County Sheriff-Coroner. The county’s Coroner Death Registry later listed …

Bond Yield Rise Seen as Buying Opportunity — Market Talk

Bond Yield Rise Seen as Buying Opportunity — Market Talk

1441 ET - It's time for fixed-income investors to buy into the two- to seven-year section of the yield curve, Angel Oak's Clayton Triick says, as his team adapts to the recent bonds selloff. "Why do you need to go to 10 years?" since yields are attractive with less duration risk, he says. Triick lik…

Tether says it had ā€˜limited’ exposure to bank linked to $84M US seizure

Tether says it had ā€˜limited’ exposure to bank linked to $84M US seizure

Stablecoin issuer Tether said that it had limited exposure through assets held at a bank that reportedly directed a payments company to allegedly move hundreds of millions of dollars on its behalf.In response to reports linking Tether and Bitfinex to a Montana-based payments business named in a civi…

Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers

Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers

**ID:** N25-01**Site:** NewsBTC**Status:** READY**Author:** NewsBTC Editorial Team**Focus Keyword:** Stablecoin**Image Keyword:** Regulation**Category:** Regulation**Tags:** Federal Reserve, Stablecoins, GENIUS Act, Banking, Regulation**Primary Source:** https://www.federalreserve.gov/newsevents/pre…