Exchanges news
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Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The five-year deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.
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Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Two wallets have been almost emptied and a third is being drained, with about $75 million remaining across the five original holding accounts.
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OG.com seeks CFTC approval for single-stock perpetual futures
OG.com, recently spun out of Crypto.com, joins Coinbase, Kalshi and Kraken parent Payward in seeking approval to bring perpetual futures to individual US stocks.
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SEC Staff Clarifies Token Buybacks and Liquid Staking in New FAQs
U.S. Securities and Exchange Commission staff said Sept. 25 that announcing buybacks of non-security tokens on a functional crypto system does not constitute a promise to undertake essential managerial efforts—a key element of the investment-contract analysis. The new FAQs, issued by the...
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North Korean Hackers Linked to $388M Bitget Crypto Exchange Theft: CEO
Bitcoin Magazine North Korean Hackers Linked to $388M Bitget Crypto Exchange Theft: CEO Hackers from North Korea targeted crypto exchange Bitget on Thursday, according to an update from the CEO, making away with close to $388 million in digital assets — more than originally reported. Bitget CEO...
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Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows
Bitcoin Magazine Bitcoin ETFs Extend Winning Streak With Nearly $3B in Inflows Bitcoin exchange-traded funds are on a winning streak, with investors buying for six consecutive days. The funds — managed by the likes of BlackRock, Fidelity, and Morgan Stanley — have received over $2.8 billion in new...
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Circle and Tether Freeze Stablecoins Tied to Bitget Hack—But Most Funds Slip Away
The two stablecoin issuers blacklisted a wallet labeled "Bitget Exploiter 8," locking about $318,000 in USDC and USDT—but the attacker swapped most funds into unfreezable ETH before they could act.
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Bitget clarifies $388M in assets affected by security breach
The Bitget breach announced on Thursday affected about $35 million more than previously reported, based on an analysis of assets on Zcash and TRON.
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Bitget Hack Losses Climb to $387M: Here’s What Happened, and Why North Korea Is a Suspect
An attacker faked internal transfer requests to drain $387.5 million from Bitget's hot and warm wallets, and the exchange's CEO says the fingerprints look like Pyongyang's.
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Bitget Raises Hack Estimate To $387.5 Million As Token Accounting Widens
Bitget raised its estimate of assets transferred to attackers in the Sept. 24 breach to approximately **$387.5 million**, up from $351.6 million, after expanding its accounting to include previously omitted Zcash and TRON assets. The exchange said in its Sept. 25 update that the increase...
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Ethena Starts Equity-Basis Rollout for USDe With Binance
Ethena said Sept. 25 that it is beginning to allocate USDe backing to equity-basis trades through Binance, its first exchange partner for the strategy. The trades will pair bStocks tokenized equities with short positions in Binance’s USDT-denominated equity perpetuals. “Allocations begin today,”......
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Aave Adds Coinbase Stock Tokens as Collateral on Base
Aave has opened a market on Base where eligible non-U.S. holders of seven Coinbase-issued stock tokens can borrow USDC without selling them, bringing stock-backed lending to its V4 deployment. The Sept. 25 launch supports AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc—tokens representing......
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Binance-Owned CoinMarketCap Acquires CoinGlass
Binance-owned CoinMarketCap has acquired crypto data platform CoinGlass on undisclosed financial terms, adding its open-interest, funding-rate, liquidation and options analytics to the exchange group's market-data business. The purchase brings a provider of data about competing trading venues...
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Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.
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Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans
Aave V4 added Apple, Nvidia, Tesla, and four more tokenized stocks as collateral for USDC loans for non-U.S. users.
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Bitget’s eighth birthday ends with a $352M hack
Bitget CEO Gracy Chen has acknowledged that North Korea was likely responsible for the crypto exchange’s latest hack that stole roughly $352 million. Substantial withdrawals were spotted from addresses labelled as Bitget hot and cold wallets yesterday, setting off alarm bells across the community....
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Defense Secretary Pete Hegseth Holds Bitcoin in a Coinbase Wallet, Filing Shows
Two entries in his annual disclosure put the holding somewhere between $16,000 and $65,000, alongside more than $1 million in cash.
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Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance
Ethena is adding Binance bStocks and equity perpetuals to the basis trade used for USDe's backing strategy.
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Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
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Block brings Bitcoin Lightning payments to x402 for AI agents
Block joins Google, Microsoft, AWS and Coinbase in backing x402, an open payment standard enabling agentic AI commerce.
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Tokenized-Stock Holder Count Reaches 4.3 Million, Led by BNB Chain
Tokenized stocks have reached about 4.3 million asset holders across chains, up from roughly 100,000 a year earlier, according to a Sept. 24 update from Token Terminal. The increase puts exchange- and brokerage-linked distribution at the center of the market’s expansion. BNB Chain leads with...
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Bitget CEO suspects North Korea behind $352M hack, citing IP clues
Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group.
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Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express
The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $351M loss and OpenAI forgets to mention its agents hacked the Australian Government.
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Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack
Bitcoin Magazine Nearly $352M Moved From Crypto Exchange Bitget Wallets in Suspected Hack An estimated $351.6 million in crypto has been moved from digital asset exchange Bitget’s hot wallets in a suspected hack. The platform’s CEO said in a Thursday statement that Bitget’s security team activated...
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Crypto exchange Bitget says $352 million affected in a hack, claims user funds are 'safe'
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.
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Bitget confirms $351M security breach, suspends withdrawals
Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.
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Bitget Suspends Withdrawals, Says $351.6 Million Affected In Hot Wallet Breach
Bitget said approximately $351.6 million in assets were affected by unauthorized transfers from a limited number of its hot wallets on Sept. 24 and that it had temporarily suspended withdrawals, confirming an incident that onchain observers had tracked through the afternoon. “At 18:31 UTC on......
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More than $170 million in crypto moves from Bitget wallets to unidentified address
The receiving address has made several swaps, but the reason for the Bitget wallet transfers remains unclear.
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Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets
A newly created wallet drained hot and cold reserves labeled as belonging to Bitget across multiple blockchains in under an hour.
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SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech
Bitcoin Magazine SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech Outgoing Securities and Exchange Commission Commissioner Hester Peirce has said that regulators should rethink how they monitor the financial system, and to press for less personal data collection, not...