Live Feed

Bitget, a cryptocurrency exchange with Chinese roots, was hit by a hack on Sept. 25 that resulted in the theft of $387.5 million in crypto, and Binance founder Changpeng Zhao said Binance, the BNB Chain ecosystem and the community would do everything possible to help.

BTW has risen by 4.07% in the past five minutes on the COINNESS market. Currently, BTW is trading at $1.18.

BTW has fallen by 4.54% in the past five minutes on the COINNESS market. Currently, BTW is trading at $1.13.

Tokenization is advancing faster than U.S. regulators can build rules, former New York Gov. Andrew Cuomo said in a CoinDesk opinion piece. Cuomo argued that regulatory clarity is not just a legal or political issue but an economic one, adding that the debate is no longer about whether blockchain technology can eventually enter traditional capital markets, but how existing markets will adopt the technology and what rules will govern that transition. Cuomo also said the U.S. SEC’s Innovation Exemption would allow innovation within defined safeguards, let regulators observe how the technology works, and use that experience to shape future rules. Still, innovation and regulation ultimately need to develop together, Cuomo added, as jurisdictions with credible and predictable regulatory frameworks are better positioned to attract investment, talent, and financial infrastructure, while prolonged uncertainty risks pushing standards and eventually the market itself to other regions.

Whale Alert reported that 210,400,929 USDC has been transferred from Coinbase Institutional to Coinbase. The transaction is valued at about $210 million.

Bitget CEO Gracy Chen said on X that on-chain tracking showed about $387.5 million in assets had been transferred to attacker-linked addresses, putting the scale of the hack above the previously known $351.6 million. Chen said the revised figure reflects additional assets including ZEC and TRX, not a new breach. Chen added the incident remains under control and the exchange is investigating with Mandiant and SlowMist. Chen also said Bitget has started a fund recovery bounty program under which parties that voluntarily freeze 5% of the stolen cryptocurrency can receive 5% of the recovered amount as a reward, with already secured frozen assets also eligible. A plan to resume user withdrawals is due to be announced by 4:00 a.m. UTC on Sept. 26.

Circle Foundation has partnered with the United Nations Development Programme and the World Food Programme to pilot stablecoin payments for humanitarian aid delivery, CoinDesk reported. The foundation plans to test USDC-based aid disbursements in conflict zones and areas with limited connectivity.

Cryptocurrencies and stablecoins will become the main payment methods for AI agents, Brian Armstrong, CEO of Coinbase, the largest U.S. cryptocurrency exchange, said. Armstrong said the number of AI agents will keep rising, and the number of agents requiring transactions will increase as well, making cryptocurrencies and stablecoins their primary means of payment.

Bitcoin is likely to reclaim $100,000, though the timing remains uncertain, Multicoin Capital co-founder Kyle Samani said in a recent interview with Cointelegraph. Samani said a recovery within this year looked unlikely, but not impossible. Samani also said the U.S. crypto regulation bill Clarity Act was unlikely to have a direct impact on Bitcoin. If passed, the bill could still support BTC prices, Samani said, but more because it would lift sentiment and optimism across the broader crypto market than because it would materially affect Bitcoin itself. Compared with other cryptocurrencies that would be affected much more directly by the Clarity Act, Bitcoin’s gains would likely be far smaller, Samani added.

Multichain exchange Jumper has spun out from LI.FI to launch as an independent company and plans its first JUMP token sale through Legion, Cointelegraph reported. The platform also plans to offer swaps, yield products, stock tokens and, eventually, perpetual futures trading within a single app. Jumper’s cumulative trading volume has surpassed $40 billion, with more than 100,000 monthly active users.

The three major U.S. stock indices opened higher today. - S&P 500: +0.07% - Nasdaq: +0.1% - Dow Jones: +0.02%

SUI has risen 20% over the past 24 hours and was trading at $1.14, according to CoinMarketCap.

Tether froze 218,000 USDT held at an address tied to funds stolen from Bitget. The address was linked to Bitget’s initial theft address after three transfers, and no notable fund movement was identified for more than two and a half hours after it was discovered. Circle had earlier frozen 100,000 USDC held at a related address seven hours earlier.

Magic Eden said its platform was not directly attacked in today’s security incident. In a post on X, Magic Eden co-founder Jack said the issue involved a trading protocol and smart contracts developed by Web3 gaming developer Limit Break, adding that Magic Eden stopped using the protocol two years ago. Jack also said the company is discussing additional response measures with Limit Break, including ways to halt asset transfers at the protocol level.

CoinMarketCap has acquired Coinglass, a cryptocurrency derivatives data platform. The acquisition has already been completed, and the company did not disclose the deal value. Through the acquisition, CoinMarketCap plans to provide its 115 million monthly users with derivatives market data, including leveraged positions, liquidation concentration zones and funding rate trends, alongside existing cryptocurrency price data.

Crypto exchange Backpack announced the launch of a cash dividend feature for stocks and ETFs. Dividends that meet payout requirements will be deposited directly into user accounts.

Strategy has proposed changing dividend accruals for four preferred stock classes — STRF, STRC, STRK and STRD — to a daily basis. Under the proposal, dividends would accrue every day, including weekends and holidays, and be paid on the next business day. Strategy plans to use the change to improve price stability for the products and expand liquidity and investor demand.

According to CoinNess market monitoring, BTC has fallen below $84,000. BTC is trading at $83,988.06 on the Binance USDT market.

Circle has frozen 100,000 USDC held at an address linked to funds stolen from Bitget, on-chain analyst SomaXBT said. The address also holds about 218,000 USDT. Meanwhile, some in the community are calling on Tether to freeze the related assets as well.

U.S. Treasury market volatility has surged while expected volatility for Bitcoin and U.S. stocks remains near this year’s lows, widening the gap between the markets, CoinDesk reported. The outlet said the MOVE Index, which tracks implied volatility in U.S. Treasuries, jumped from around 80 on Sept. 22 to 104 on Sept. 24, marking its highest level since it hit 199 in March. By contrast, BVIV, which reflects Bitcoin’s expected volatility over the next 30 days, stood at around 37, close to this year’s low of 35. The VIX, which tracks expected volatility for the S&P 500, also remained near 14, around this year’s lowest level. CoinDesk said the divergence across the three markets suggests Bitcoin and equities are holding up despite stress in the bond market.

Cash App, the U.S. mobile financial platform led by Jack Dorsey, will offer weekly BTC rewards to users who hold BTC, Bitcoin News reported. Eligible users can earn weekly rewards in satoshis simply by holding BTC. The program does not require a separate lock-up period, and users can withdraw BTC or opt out of the rewards program at any time.

Bitcoin has surged, but investor profit-taking remains relatively muted compared with past bull-market peaks, according to CoinDesk. Citing CoinDesk data, the outlet said BTC rebounded strongly this quarter after falling for three straight quarters, posting its biggest quarterly gain since the fourth quarter of 2024. CoinDesk added that on-chain net realized profit and loss data showed profit-taking by investors, but the scale was limited to $2.4 billion, well below the $7 billion to $10 billion in daily realized profits seen during past bull markets.

Crypto-related stocks were broadly higher in U.S. premarket trading. Strategy (MSTR) rose 1.88%, Circle (CRCL) gained 1.01%, Coinbase (COIN) added 1.07%, and Bitmine (BMNR) advanced 2.32%.

According to CoinNess market monitoring, BTC has risen above $85,000. BTC is trading at $85,008.27 on the Binance USDT market.

Ethena has expanded USDe’s collateral management scope to include bStocks and Binance’s stock perpetual futures.