Live Feed

Bybit CEO Ben Zhou said on X that the exchange is ready to support Bitget in every possible way after its recent hack. Zhou said Bitget helped Bybit when Bybit suffered a hack in the past, and Bybit now plans to update the LazarusBounty platform to track the movement of funds stolen from Bitget and support recovery efforts involving the North Korea-linked Lazarus hacking group.

According to CoinNess market monitoring, BTC has fallen below $84,000. BTC is trading at $83,982.22 on the Binance USDT market.

Bitget CEO Gracy Chen said during a live broadcast on Sept. 25 that, 12 hours after the recent security incident, the affected assets included ETH, XRP, BNB, AVAX, USDT and USDC, with the largest losses among individual blockchains occurring on the XRP Ledger. Chen said the affected networks were Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC and Base, while cold wallets across all networks remained safe. Bitget contacted the relevant blockchain foundations immediately after the hack, and some foundations have confirmed steps to freeze hacker addresses, Chen said. Based on analysis of IP activity and on-chain data, the attack method closely resembled existing patterns associated with a North Korea-linked hacking group, and Bitget has reported the case to relevant authorities and is cooperating with an international investigation, Chen added.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 49.02% long, 50.98% short - Binance: 49.26% long, 50.74% short - OKX: 48.87% long, 51.13% short - Bybit: 49.21% long, 50.79% short

Binance Wallet announced the launch of a "non-deposit yield" feature that lets users earn rewards simply by holding eligible stablecoins in their wallets without separate staking or lockup. After activating the feature, users can earn interest rewards by holding supported assets in the wallet. Binance Wallet said the current estimated annual rates are 1.5% for BSC-based U, 4.75% for Ethereum-based USDe, and 3.6% for USDS.

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the Volume Heatmap, while the lower section shows cumulative volume delta, or CVD. - The Volume Heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for a prolonged period or makes a large move. Brighter zones may act as support or resistance. - The cumulative volume delta indicator shows buy and sell orders by fund size. As buy orders increase, the line for the corresponding color moves higher. The yellow line is based on orders worth $100 to $1,000, while the brown line reflects large orders worth $1 million to $10 million.

Bitget Wallet said its wallet service was not affected by the recent security incident at the Bitget exchange and is operating normally. According to Wu Blockchain, Bitget Wallet said it is a self-custody wallet that operates independently from the exchange, with user assets stored on-chain and asset control held directly by users.

Kelp DAO said on X it has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino over this year’s rsETH LayerZero bridge hack. In the complaint, Kelp DAO argued the hack stemmed from security failures on LayerZero’s side, alleging the company did not share vulnerabilities and risks inherent in its technology and failed to prevent intrusions into its security infrastructure, which allowed the attacker to exploit them. Kelp DAO was previously hit by a $292 million hack in April.

U.S. spot Ether ETFs recorded about $66.1 million in net inflows on Sept. 24, marking a fifth straight trading day of net inflows, according to SoSoValue. - BlackRock ETHA: +$26.8 million - Fidelity FETH: +$21.5 million - Grayscale Mini ETHE: +$17.8 million

U.S. spot Bitcoin ETFs saw about $190.7 million in net inflows on Sept. 24, marking a sixth straight trading day of net inflows, according to SoSoValue. - BlackRock IBIT: +$162.6 million - Fidelity FBTC: +$12.9 million - Bitwise BITB: +$4.1 million - Franklin EZBC: +$4.9 million - WisdomTree BTCW: -$4.0 million - Morgan Stanley MSBT: +$10.2 million

The U.S. SEC is preparing a plan that would require customer verification only once for users of onchain tokenized securities, The Rollup founder Andy reported, citing sources. The plan has not been officially announced or confirmed by the SEC. According to the sources, the new framework would use a zero-knowledge-proof-based identity system to let users verified once prove their eligibility across multiple onchain exchanges and tokenized platforms. The structure would allow users to avoid repeating KYC checks on each platform and improve composability, including by splitting orders across multiple trading venues.

Metalpha withdrew 11,179 ETH worth $30.12 million from Binance an hour ago, according to Lookonchain. Exchange withdrawals are typically interpreted as a sign of holding intent.

A wallet identified as bc1qln moved 4,500 BTC worth $381.38 million after more than four years of dormancy, according to Lookonchain.

A whale or institution deposited 541,000 HYPE to Kraken 15 minutes ago, worth $49.54 million, according to EmberCN. The tokens had been withdrawn from Coinbase Prime two weeks earlier at an average price of $73.9. If the full amount sold after the Kraken deposit, the estimated profit would be $9.52 million.

A proposed Ethereum design would keep trading data for real-world asset tokens confidential while preserving compliance functions, The Defiant reported. The draft focuses on allowing token issuers to retain necessary enforcement and control powers without disclosing details such as transaction amounts, and it aims to meet both the privacy and regulatory compliance requirements sought by institutional investors. The approach would bring regulatory control features typically emphasized in permissioned blockchains to RWA tokens built on public Ethereum.

Bitcoin researchers have proposed a "Shielded Bitcoin" system that could hide transaction amounts and counterparties without a soft fork or consensus rule changes, CryptoSlate reported. In a paper released on Sept. 24, the [[alloc] init] research team outlined a metaprotocol for implementing ZK proofs, encrypted notes and public nullifiers, core privacy features used by Zcash, on top of Bitcoin. The current design records encrypted transfer data in OP_RETURN, although some metadata, including transaction timing, fees and the number of inputs and outputs, would still remain visible. André Dragosch, head of research at Bitwise Europe, said the design could pose a potential challenge to privacy coins. Amid renewed attention on Zcash's privacy features and price reappraisal, the report said a future implementation of Shielded Bitcoin could offer an option for securing similar transaction privacy while continuing to use Bitcoin itself.

A wallet linked to Nasdaq-listed HYPE treasury buyer Hyperliquid Strategy, Hyperliquid Strategies (PURR), bought another 494,200 HYPE worth $45.8 million over the past 16 hours, according to Lookonchain. Over the past month, the wallet bought a total of 5.51 million HYPE worth $476 million, or an average of 183,574 HYPE per day. Hyperliquid Strategy currently holds 35.1 million HYPE worth $3.2 billion.

An anonymous whale deposited 6,000 ETH worth $16.1 million to OKX, Kraken, Gate, Bybit and Binance around an hour ago, according to Lookonchain. The transfers were estimated to be intended for selling.

Lookonchain compiled a breakdown of assets stolen in the Bitget hack: - 102.93 million XRP ($157.48 million) - 31,890 ETH ($85.75 million) - 34.75 million USDT - 21.05 million USDC - 19.67 million USD₮0 - 3,000 XAUt ($12.82 million) - 12,719 BNB ($9.88 million) - 821,012 AVAX ($8.38 million) - 20.59 million TRX ($7.07 million)

Bitget CEO Gracy Chen said the exchange is preparing to resume withdrawals suspended after a hack, but the exact timing has not been set. Chen said the attack differed from security incidents seen at some other exchanges, adding the current investigation suggests the hacker did not act through a private-key leak but instead bypassed parts of Bitget’s system to execute withdrawals. Bitget said it has completed all measures needed to prevent further damage and does not expect additional attacks. Chen also raised the possibility that a North Korean hacking group was behind the incident, saying some IP addresses matched VPN choices used by a specific North Korean hacking organization and the pattern was similar to past attacks linked to North Korea. Chen added that some of the stolen funds had been recovered, but did not disclose the amount.

CoinMarketCap’s altcoin season index came in at 53, up four points from yesterday. The index compares the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. An altcoin season is identified when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.

Some of Tether’s funds are tied up at overseas banking partner EQIBank, which is at risk of liquidation after U.S. authorities seized assets, The Information reported. Tether said the assets held at EQIBank account for less than 0.034% of its total assets.

Crypto trader Ansem said Solana DeFi is the most undervalued investment in the current cycle. Ansem said meme coins captured most of the attention in the last cycle, while Solana protocols such as Jito and Jupiter were still in the early stages of their token lifecycles. Ansem added that the protocols set to become Solana’s core infrastructure are now much clearer, and said low fees, fast execution, and rising on-chain volume are further strengthening the network’s foundation as retail investors, institutional investors, and tokenized stocks continue moving on-chain.

According to crypto options exchange Deribit, about $14.4 billion worth of Bitcoin options will expire at 8:00 a.m. UTC today. The put/call ratio stands at 0.84, and the max pain price, the level at which the largest number of options buyers lose their premiums, is $78,000. At the same time, about $2.1 billion worth of Ethereum options will also expire. The put/call ratio is 0.66, and the max pain price is $2,350.

CoinMarketCap’s in-house crypto fear and greed index came in at 73, down one point from yesterday, indicating slightly weaker market sentiment while remaining in greed territory. The index signals extreme fear as it approaches zero and extreme optimism as it nears 100. CoinMarketCap calculates the gauge based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives market indicators including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.