Bitget Resumes Withdrawals After $387M Hack, Blames North Korea
Bitget begins a phased withdrawal restart on September 28 after confirming a $387.5 million hot-wallet breach, with CEO Gracy Chen pointing to North Korean hackers.
Crypto business news covering exchange operations, venture funding, acquisitions, treasury strategies and corporate adoption.
Bitget begins a phased withdrawal restart on September 28 after confirming a $387.5 million hot-wallet breach, with CEO Gracy Chen pointing to North Korean hackers.
Deutsche Bank plans to offer Bitcoin, Ethereum and stablecoin custody to European institutional clients by end of 2026, pending BaFin approval.
Ben Delo and Christopher Harborne each donated £36 million to Nigel Farage's Reform UK, a record £72 million in two days and the largest political gifts in British history.
The US Treasury's 5.3% yield threshold is reshaping capital flows, pressuring Bitcoin as investors reassess risk-adjusted returns.
Trump Media and Technology Group has officially pulled back from its recent crypto platform initiatives, marking a major shift in the company's digital strategy.
Coinbase records a third consecutive quarterly loss, highlighting the ongoing struggle with declining retail interest and market volatility.
Former President Donald Trump made a aggressive push for Bitcoin adoption, but market data suggests institutional investors are not buying into the rhetoric.
Americans are increasingly using digital currencies to purchase untested, experimental peptides online, creating a shadow economy that regulators struggle to monitor.
Tether has invested $20 million in Mercado Bitcoin, accelerating Latin America crypto expansion and strengthening regulated blockchain financial services across the region.
Donald Trump's crypto earnings soared to over $1.4 billion in 2025, significantly boosting his income from digital asset ventures, including meme coins.
Donald Trump reported over $1.4 billion in crypto earnings for 2025, primarily from meme coin sales and the World Liberty Financial venture, according to his latest wealth disclosure. This notable increase in wealth from crypto assets raises possible questions about political ethics and the intersection of public office with personal wealth gain.
BlackRock has integrated Ethena's USDe, a synthetic dollar, into its colossal $20 trillion Aladdin risk management platform, marking a significant step for institutional crypto engagement.
Coinbase's AgentKit empowers AI agents for seamless blockchain interaction and automated crypto trading. Explore the toolkit's potential, benefits, and inherent risks.
Ethereum treasury firm Sharplink acquired 5,000 ETH for $7.85 million, marking its first notable inflow in eight months, despite holding a $1.8 billion paper loss on existing Ether holdings. The move underscores a strong long-term outlook for Ethereum among institutional players.
Sharplink, an Ethereum treasury firm, has taken in ether for the first time in eight months, according to a report by CoinDesk
Blockchain.com officially expanded into Brazil, introducing institutional payments infrastructure designed to streamline cross-border transactions for businesses.
Former New York Governor Andrew Cuomo will co-chair a new joint crypto venture between crypto exchange OKX and Intercontinental Exchange (ICE), owner of the New York Stock Exchange, aiming to merge traditional finance with digital markets.
Digital asset custodians, once considered the 'boring' backbone of crypto, are swiftly expanding their services beyond basic asset storage. They are now integral to Wall Street's engagement with digital assets, providing essential infrastructure for spot ETFs and eyeing upcoming roles in stablecoins and tokenized securities. This shift marks a significant evolution in the crypto market's institutionalization.
Bitcoin recently surpassed a significant price point, influencing the performance of major crypto-linked companies like Strategy and Coinbase.
Coinbase and Ethena recently launched a high-yield USDC vault, while Bybit offers 1,000,000 USDT in rewards, highlighting how crypto has friends through innovative financial products.
Kraken has officially partnered with FIFA for the 2026 World Cup, marking a significant integration of cryptocurrency into major sports. This collaboration arrives as other blockchain technologies like Avalanche and Chiliz enhance fan engagement, while authorities issue warnings about rising crypto scams targeting event attendees.
Tether briefly surpassed Ether in market valuation, highlighting the evolving dynamics within the cryptocurrency sector and prompting a reevaluation of asset stability and utility.
SpaceX's crypto-traded IPO is experiencing a notable upswing in prediction markets, with Hyperliquid indicating a 20% rally from its initial $135 share price, pointing towards a potential $2 trillion market capitalization ahead of its anticipated 2026 public debut.
The Trump family reportedly accumulated hundreds of millions from Trump-backed crypto projects, while investors in associated public companies faced significant financial setbacks and potential delisting.
BlackRock moved $209 million in Bitcoin and $25 million in Ethereum to Coinbase, signaling potential sales amidst a broader rebalancing of its digital asset portfolio.
Cryptocurrency exchange Bybit is facilitating access to SpaceX's tokenized IPO, highlighting the evolving interaction between digital assets and established financial markets. This development prompts examination of crypto's role in traditional financial exchanges’ business.
The crypto market saw a brief upward movement, with Bitcoin touching $63,700 and billions in new capital entering the ecosystem, before institutional selling pressure emerged.
The highly anticipated SpaceX IPO, targeting a $75 billion raise and a $1.77 trillion valuation, is drawing significant investor interest, leading analysts to speculate on its potential to divert liquidity from the cryptocurrency market. Bitcoin has experienced weakness amidst this capital rotation discussion.
The impending SpaceX IPO, with a projected valuation nearing $1.8 trillion, is prompting a significant shift of capital, impacting liquidity within cryptocurrency markets. Major exchanges are also preparing for tokenized share offerings in the future.
The impending SpaceX IPO, projected at a valuation of $1.8 trillion, has prompted cryptocurrency exchanges like Bybit to offer tokenized shares, while simultaneously contributing to a notable capital rotation from the crypto market.