🔐 Bitget confirms $351.6M hot wallet breach, halts withdrawals

🔐 State hackers' blockchain dead drop attacks surge 420% Blockchain analytics firm Chainalysis reports a 420% rise in so-called "dead drop" attacks by state-linked hackers, who are increasingly using public blockchains as covert communication infrastructure. North Korean operators are reportedly leveraging Tron, Aptos and BNB Smart Chain as redundant command-and-control paths, while suspected Iranian actors are encoding routing data directly inside Bitcoin transactions. The technique uses blockchain's immutability and public accessibility to relay instructions to malware — making takedowns far harder than with traditional servers. The sharp increase signals a strategic expansion by nation-state threat actors into crypto infrastructure as an operational tool, not just a financial one. Source

💵 U.K. challenger bank to bring tokenized deposits to retail users JPMorgan and Citi have moved billions in tokenized deposits on blockchain rails — but exclusively between their own institutional branches. Neither has extended the technology to everyday consumers. A U.K. challenger bank is preparing to change that, offering tokenized deposits directly to retail customers — a first among major banks in this space. Tokenized deposits represent bank-held funds recorded on a blockchain ledger, combining the stability of traditional deposits with programmable, near-instant settlement. So far, the technology has remained firmly in the institutional lane, used for interbank transfers and wholesale settlement rather than consumer accounts. The challenger bank's move would mark the first time retail users gain direct access to tokenized deposit infrastructure previously reserved for large financial institutions. Source

🪙 BNB approaches $794 resistance after 44% rally BNB has gained roughly 44% since July 1, rising from a low of $538 to $769 by September 19, and is now testing the $794 resistance level. The broader tokenized stocks market has reached $3.5 billion, a milestone that reflects growing institutional interest in bringing traditional financial assets on-chain — a trend that has benefited Binance's ecosystem activity. Source

🟠 Bitcoin clears key cost bases, eyes $96,700 resistance Bitcoin has broken above the cost-basis levels that capped its recovery earlier in the year, with on-chain data pointing to $96,700 as the next major resistance zone. The improved setup is driven by rising ETF demand, stronger spot trading volume, and restrained profit-taking by holders. A $14 billion quarterly options expiry has now cleared the market, removing a significant overhang that had weighed on price action. Analysts note the combination of institutional inflows via ETFs and disciplined spot market activity as key factors supporting the current structure. No major on-chain resistance is cited between current levels and the $96,700 mark. Source

🟠 Bitcoin breaks $85K as U.S. spot demand forces short covering Bitcoin has surged past $85,000, driven by renewed U.S. spot buying and forced short liquidations, according to Nansen Senior Research Analyst Nicolai Sondergaard. Nansen has set its next key price targets at $87,000 and $90,000. Despite the rally, large crypto traders remain net short — meaning significant short positions are still open even as the market moves against them. The move reflects growing spot demand rather than purely derivative-driven momentum, a distinction analysts consider more structurally significant for sustained price action. Source