₿ Bitget Restarts Withdrawals After $388M Hack
Crypto exchange Bitget has reopened Bitcoin withdrawals following a major breach on September 24, in which attackers drained approximately $388 million from its hot and warm wallets — suspected to be the work of North Korean hackers.
The exchange is running a phased restoration schedule: ETH withdrawals return Tuesday, USDT on Wednesday, with all remaining assets back online by October 2. CEO Gracy Chen has pledged to replenish Bitget's protection fund to above $300 million this week.
Meanwhile, the attacker has been swapping stolen ETH through THORChain, a common tactic used to obscure the trail of stolen funds.
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💰 Bitwise NEAR ETF Approved for NYSE Arca as Token Hits 1-Year High
The Bitwise NEAR ETF has cleared its final regulatory hurdles and is set to begin trading on NYSE Arca under the ticker NRR.
The news sent NEAR surging roughly 48% in seven days, pushing the token to around $5.45 — its highest level in approximately a year. Bitwise has also published an aggressive long-term valuation model for NEAR, with a $155 price target cited alongside the ETF launch plans.
This marks another step in the broader expansion of spot crypto ETFs beyond Bitcoin and Ethereum, with NEAR joining a growing list of altcoins gaining regulated investment vehicles in the US market.
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🔷 Vitalik Buterin Outlines Ethereum's 2030 Vision
Ethereum co-founder Vitalik Buterin has published a sweeping vision for where Ethereum should be by 2030, focusing on a fundamental shift in how the network handles computation.
The core idea: Ethereum should process far more activity without requiring every node on the network to redundantly repeat the same calculations — a major scalability bottleneck today.
The vision points toward a future where Ethereum operates beyond its current role as a blockchain, though specific technical milestones and implementation timelines were not detailed in the available summary.
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₿ Bitcoin Heads for Second-Best Q3 in History
Bitcoin is closing Q3 with a ~43.5% gain — its strongest third quarter on record except for 2017, according to CoinGlass data.
Only Q3 2017 has delivered a better performance for Bitcoin in this seasonal window.
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📰 Quant (QNT) Surges 75% on Major Banking Deal
Quant's QNT token has exploded 75% in a single day, extending a 180% rally over the past week — making it one of the strongest-performing crypto assets right now.
The move is tied to a major banking-sector catalyst, though specific deal details from the source are limited. The sharp price action suggests significant institutional or market interest in Quant's blockchain interoperability technology.
QNT is the native token of the Quant Network, which focuses on connecting blockchains and financial institutions through its Overledger protocol.
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📰 SEC Clarifies How Crypto Promises Can Trigger Securities Rules
The SEC's staff has issued new guidance explaining how the promises crypto issuers make to buyers can determine whether a token offering qualifies as a securities transaction — even if the token itself is not a security.
The key takeaway: the same token can be treated differently depending on what the issuer says when selling it. Commitments around marketing, network development, buybacks, staking receipts, and trading platforms can all push an offering into investment contract territory.
This matters because investment contracts fall under SEC jurisdiction, meaning issuers could face registration requirements and enforcement risk. The guidance does not create new rules but clarifies how existing securities law applies to common crypto practices.
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⚠️ LayerZero Sued Over $292M rsETH Bridge Exploit
KelpDAO's parent company Evercrest Technologies has filed a lawsuit against LayerZero over the April 18 rsETH bridge exploit, escalating a dispute over who bears responsibility for the attack.
Evercrest alleges that security failures in LayerZero's infrastructure allowed attackers to steal 116,500 rsETH — worth approximately $292 million at the time of the incident.
The company also contests LayerZero's public statements that blamed KelpDAO's own bridge configuration for the exploit. LayerZero co-founder Bryan Pellegrino had pointed to KelpDAO's setup as the root cause, a claim Evercrest disputes in the lawsuit.
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₿ Bitcoin Holds $84K as Treasury Yields Hit Multi-Decade Highs
Bitcoin is showing resilience near $84,000 despite a historic US bond selloff rattling traditional markets. The 10-year Treasury yield surged to 5.22% — its highest since 2007 — while the 30-year yield hit a 22-year high of 5.5185%.
Rather than panic-selling, crypto traders responded by cutting exposure: $1.7 billion in leveraged positions were liquidated, reducing risk across the market without triggering a major BTC price collapse.
Bitcoin holding firm while leveraged positions are flushed out is generally seen as a sign of underlying demand — though macro pressure from rising yields remains a key risk to watch.
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₿ Bitcoin ETFs Log $191M Inflow for Sixth Straight Day
U.S. Bitcoin ETFs pulled in $190.65 million on Thursday, marking six consecutive days of inflows — a sign of sustained institutional demand.
BlackRock led the charge, driving the bulk of the day's capital. ETFs tracking Ethereum, Solana, XRP, and HYPE also attracted fresh capital, while Zcash ETF products stayed flat for a second straight session.
The streak comes as short sellers position for a potential pullback, creating a notable split between spot buyers and derivatives traders betting against the move.
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