Bitget Hit by $350 Million Exploit: Largest Crypto Hack of 2026
Bitget has been hit by a $350M hot wallet hack, with withdrawals now frozen as security investigations continue.
Finance
Evercrest (KelpDAO) Files Civil Claim Against LayerZero and CEO Bryan Pellegrino
The post Evercrest (KelpDAO) Files Civil Claim Against LayerZero and CEO Bryan Pellegrino appeared first on Coinpedia Fintech News
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.
WTI drops to near $92.50 on potential US-Iran deal
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday. Crude oil prices depreciated amid reports that the United States (US) and Iran wer…
Australian Dollar tests 200-day SMA amid soaring US yields
The Aussie Dollar fell for the third straight day, down 0.37% against the US Dollar, which remained boosted by elevated US yields, which jumped as Oil prices rose and as inflation pressures built. The AUD/USD trades at …
Costco makes progress on a key membership metric. Here's our new price target on the stock
Costco's membership renewal rates moved in the right direction. But the debate isn't totally settled just yet.
Federal Reserve Unveils Stablecoin Rules on Reserves and Capital
The Federal Reserve is moving to set the ground rules for stablecoin issuers it oversees, proposing Thursday that they fully back their tokens with safe, liquid assets and hold capital against the risks of their operati…
Zcash Co-Founder Predicts $5,000 ZEC Amid Historic Europe ETP Launch
Zcash co-founder Eli Ben-Sasson is calling for a $5,000 year-end target for ZEC, referencing his previous correct prediction.
Euro posts modest lossess on rising Fed hike odds, Middle East tensions
The EUR/USD pair trades with mild losses near 1.1375 during the early Asian trading hours on Friday. The US Dollar (USD) strengthens against the Euro (EUR) amid hawkish signals from the Federal Reserve (Fed) officials a…
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.
Iran’s President says US ‘must choose’ whether to end war
Iranian President Masoud Pezeshkian said that it is for the United States (US) to decide whether to end its war against the Islamic Republic, as Tehran does not wish to continue fighting, Fox News reported on Thursday.
Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a two-day redemption window and new reserve disclosures as regulators implement the GENIUS Act.
Banxico: Flexible stance with upside risks – Rabobank
Rabobank’s Molly Schwartz and Christian Lawrence note Banxico kept its overnight rate at 6.50% but significantly softened forward guidance, decoupling Mexican policy from expected Federal Reserve moves. Inflation foreca…
Asia dominates Crypto Adoption Index, Bitget’s $352M hack: Asia Express
The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $352M loss and OpenAI forgets to mention its agents hacked the Australian Government.
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The U.S. Federal Reserve proposed two rules on Thursday that would accomplish its part of the multi-agency work needed to establish stablecoin issuer oversight under the Guiding and Establishing National Innovation for …
U.S. 30-yr Treasury yield ends at highest level since 2004 as bond rout deepens
New York Federal Reserve President John Williams said Thursday that investors are right to expect another interest-rate increase before year-end, a signal that arrived as a selloff in US government debt pushed long-term…
China's President Xi says Beijing and US should seek new ways for major countries to coexist
Chinese President Xi Jinping stated during his visit to Washington that Beijing and Washington must find a proper way to coexist peacefully and act as partners rather than rivals, the Financial Times reported on Thursda…
Saudi Civil Defence issues warning over possible threat in Jazan
Yemen's Houthi claimed on Thursday that it launched dozens of ballistic missiles and drones at Saudi military installations in the kingdom's southwestern Jazan region, the Saudi-led coalition in Yemen said were aimed at…
Resilient Crypto: Why Bitcoin Bounced Back Despite Rate Hikes & Regulatory Stalls
VettaFi Head of Sector and Industry Research Roxanna Islam appeared September 21 on Bloomberg TV to discuss the bitcoin rally despite an interest rate hike from the Federal Reserve and the stalling of the CLARITY Act, a…
DoubleZero brings dedicated fiber market data to Hyperliquid traders
DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms faster access to its full order book.
Someone was trying to sell Ondo Finance after founder Nathan Allman's death
Tokenization platform Ondo Finance was shopped to prospective buyers after the sudden death of its founder and CEO, Nathan Allman, earlier this year, according to three people with knowledge of the matter.
Japanese Yen keeps sliding as Tokyo repeats its warning and holds fire
Finance Minister Katayama said on Thursday that the principles behind the joint US-Japan intervention of July 31 are still alive, and USD/JPY went on to touch 159.00, its highest since early September. The pair is tradi…
Bitget confirms $352M security breach, suspends withdrawals
Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.
American Century’s Gotelli: What to Know on Munis Amid Yield Highs
The yield on the 30-year hit a multi-decade high this week, spiking amid continued fiscal and monetary concerns. The 30-year hitting 5.45%, its highest mark since 2004, comes amid an already busy year for bonds. Muni bo…