Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
TL;DRBitcoin fell below $85,000 after stronger U.S. business data pushed Treasury yields higher.S&P Global’s flash U.S. Composite PMI rose to 58.4 in September, the strongest reading since July 2021.The move shows how quickly Bitcoin’s recent rebound can be challenged when markets price in tighter m…
By Joe StonorThe selloff in global government bonds took a breather and U.S. stock futures nudged higher in early European trading, as market sentiment steadied at the end of a turbulent week.Concern around high energy prices and increasing conviction the Federal Reserve will deliver multiple rate h…
KelpDAO has filed a lawsuit against cross-chain protocol LayerZero following the roughly $292 million exploit of its rsETH bridge earlier this year, alleging that failures in LayerZero’s security infrastructure contributed to the attack.KelpDAO said Friday that LayerZero failed to disclose risks in …
Some of Tether's funds are tied up at offshore lender EQI Bank, which is facing liquidation risk, The Information reported. Tether said the exposure represents an extremely small share of its total assets.The Information reported on September 24 that EQI Bank faced liquidation risk after U.S. author…
Update (Sept. 25 at 4:30 am UTC): This article has been updated to add new comments from Bitget CEO Gracy Chen and preliminary analysis from onchain researcher Specter.Bitget CEO Gracy Chen said North Korean hackers may be behind the exchange’s $351.6 million security breach on Thursday, citing prel…
Bitget, one of the largest crypto exchanges, has just suffered a $351.6 million hot wallet drain following a major hack. The incident was initially flagged by Arkham Intelligence, which noted massive AVAX, BNB, ETH, and stablecoin withdrawals from said wallet, with subsequent swapping to ETH.Source:…
Bitget said it has identified part of the attack route behind a recent large-scale fund outflow incident. The company said it has ruled out the possibility of a private-key leak and blocked the risk of any additional asset losses.Bitget Chief Executive Officer Gracy Chen wrote on X on Sept. 25 that …
Leading cryptocurrencies ticked higher on Thursday even as investors weighed a spike in Treasury yields and heightened odds of further rate hikes.Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin +0.40%$84,603.62Ethereum +0.40%$2,692.60XRP +3.20%$1.54Solana +2.00%$117.46…
TL;DRChainalysis says measured global crypto economic activity declined just 1.6% during the 12 months ended June 30, 2026.That happened while the wider crypto market lost roughly $2.1 trillion in capitalization.Domestic peer-to-peer and cross-border stablecoin activity both grew sharply during the …
Polymarket sued the state of New York on Thursday in response to Attorney General Letitia James’ earlier lawsuit accusing it of promoting “illegal gambling.”New York Drags Polymarket to CourtThe state alleged in its lawsuit that Polymarket’s prediction markets constitute gambling, as the outcomes on…
TL;DRPrivy has expanded its TRON integration with new transaction, policy, transfer and monitoring tools for developers.The Stripe-owned wallet infrastructure company says businesses can use the expanded stack for payments, treasury operations and other stablecoin products.TRON currently hosts more …
Researchers at the cryptography research firm Alloc Init have proposed a system for bringing Zcash-style private transfers to Bitcoin without requiring a soft fork.The proposal, called Shielded Bitcoin, would conceal transaction amounts, senders, receivers and links to previously spent funds using e…