Bitcoin Rally Slows Amid $15.6B Expiry
Bitcoin fell 0.9% to $83,600 after a $15.6B options expiry. XRP and Solana outperform with weekly gains of 15.45% and 9.33%, respectively. Crypto $BTC
Bitcoin fell 0.9% to $83,600 after a $15.6B options expiry. XRP and Solana outperform with weekly gains of 15.45% and 9.33%, respectively. Crypto $BTC
$228M left @Bitget in 18 minutes during a hack; $ETH and $XRP were moved across wallets. Bitget’s protection fund covers the estimated $351.6M loss. #Breaking #Security $ETH
Bitget detected a $351.6M breach on Sept. 24, halted withdrawals, and confirmed its $464M protection fund can cover losses. Private keys were not stolen. #Breaking #Crypto
Crypto majors rebound with $BTC at $84.5k; SEC’s Pierce advocates zkProofs over KYC; @Bitget confirms $351.6M drain, Magic Eden faces security exploit. #Breaking #Crypto $BTC
A dormant Bitcoin address moved 4,499 BTC ($378M) to a new wallet with no exchange deposits noted, amid significant Coinbase and Kraken BTC withdrawals. #Breaking #Crypto $BTC
Evercrest Technologies sues @LayerZero_Labs and co-founder Bryan Pellegrino over $292M exploit, alleging negligence and defamation. No court response yet.
Evercrest Technologies Inc. sues LayerZero Labs over $292M rsETH bridge exploit; LayerZero CEO calls claim “meritless.” Aave faces up to $230.1M in bad debt. #Breaking #Legal @LayerZero_Labs
KelpDAO has filed a lawsuit against LayerZero, citing its role in a $292 million exploit that led to significant DeFi disruptions. LayerZero’s co-founder plans to defend against the claims in court. #Breaking #Legal $ETH
@KelpDAO has sued @LayerZero Labs and CEO Bryan Pellegrino over a $292M exploit of its rsETH bridge, claiming security failures contributed to the attack. #Breaking #Legal $ETH
@Bitget confirms a major security breach involving unauthorized transfers from its hot wallets, leading to a temporary suspension of withdrawals. User funds remain protected under the $464M User Protection Fund. #Breaking #Crypto $BTC (-8) ↘
@Bitget’s $352 million hack involved spoofed transfers, not private keys; unauthorized outflows halted. Investigation ongoing into the breach method. #Breaking #Crypto $BTC
Galaxy has added $100 million of Sky Protocol’s sUSDS to its corporate treasury and approved it as collateral for institutional trading, enhancing their DeFi integration. #Breaking #Crypto #Stablecoin
@Bitget CEO Gracy Chen suspects North Korean hackers behind the $351.6M breach, linking IP addresses to DPRK VPNs; withdrawals suspended as investigations continue. #Breaking #Crypto $BTC
New York has sued @Polymarket, alleging illegal gambling operations, seeking up to $36 billion in penalties. This adds to ongoing disputes over prediction markets and state gambling regulations. #Breaking #Legal $USDC