Skai News 📣

U.S. spot Bitcoin ETFs recorded a staggering $2.4 billion in net inflows during the week ending September 25, 2026, marking their largest weekly influx of the year. This massive surge completely erased the negative year-to-date trajectory, flipping total 2026 net flows into positive territory at approximately $320 million.

The cryptocurrency exchange Bitget suffered a major security breach, which has since been confirmed as the largest crypto heist of 2026 so far. Initially reported at $351.6 million, Bitget later revised its loss estimate upward to $387.5 million after uncovering additional unauthorized transfers involving Zcash and TRON. Bitget CEO Gracy Chen confirmed that preliminary investigations strongly point to state-sponsored North Korean hackers. Investigators traced IP addresses used in the breach to VPN services previously utilized by known North Korean cybercrime groups, and noted the attack method matches past DPRK operations. Attackers did not steal private keys. Instead, they breached a critical backend wallet system to spoof transaction data, tricking the exchange's internal authorization-signing process into draining its "hot" and "warm" online wallets. Offline cold wallets remained completely secure.

BREAKING: MASS WALKOUT AT THE UN! 🚨  History was just made at the United Nations General Assembly as dozens of global diplomats stood up and WALKED OUT the exact moment Israeli Prime Minister Benjamin Netanyahu approached the podium. An official tally reported that 77 diplomatic delegations left the hall or boycotted the address, leaving vast sections of the UN chamber completely empty. As rows of seats emptied out amid mixed jeers and boos, Netanyahu fired back directly, branding those exiting as "moral cowards." Here is what you need to know about this major diplomatic showdown: The Protest: Representatives from Arab, Muslim, African, and several European nations walked out in a unified protest against Israel’s ongoing military operations. The Visuals: The dramatic exit left the Israeli leader speaking to mostly empty chairs, backed primarily by his own delegation and supporters in the gallery. The Defense: Despite the nearly empty room, Netanyahu delivered a defiant 41-minute address, rejecting alle

Tether officially abandoned its pursuit of an EU Markets in Crypto-Assets (MiCA) license, refusing the mandate requiring systemically important stablecoins to hold at least 60% of their $183B USDT reserves in commercial bank deposits. CEO Paolo Ardoino argued the rule increases counterparty risk because EU deposit insurance caps out at €100,000 per bank. Tether prefers holding liquid, low-risk sovereign debt (like U.S. Treasuries) rather than vulnerable cash deposits.

SKAI Weekly Update — September 14 - September 20, 2026 We're finalizing our partnership with MoonPay to power fiat access across Skai: -Buy crypto with card, bank transfer, Apple Pay and Google Pay, Cash App, Venmo, PayPal straight into your Skai wallet -Cash out crypto back to your bank -Crypto-to-crypto swaps -A crypto debit card connected directly to your Skai wallet, so you can spend crypto on everyday purchases Halborn update: the bridge will be the first component audited, with kickoff projected for October 5th. 32.3% of the design file is now implemented, nearly double last week's 16.7%, measured against the frames currently harvested from Figma. Bug tracker: -6,195 reported -5,216 fixed (+314 this week) -31 open, down from 120 -948 closed without a fix (duplicates, not reproducible, or declined) 5,216 fixed + 31 open + 948 closed = 6,195. More next week.

Bitcoin hits $87,000 today, climbing roughly 11% over the last 7 days. The historic rally breaks a traditional September slump, driven by explosive short liquidations and renewed institutional inflows.

Congress has been informally notified by the Trump administration regarding a pending $2.8 billion arms sale to Israel. The package consists of one of the largest shipments of U.S. munitions in recent years, including 40,000 heavy one-ton bombs.

SKAI Weekly Update — September 7 - September 13, 2026 Skai UI = 100% complete with 5,813 custom frames 25/25 SKAI Originals = 100% Complete Contract is signed with Halborn who will be our lead security partner and audit the entire protocol. 16.7% of the design file is implemented, measured against the frames currently harvested from figma. 894 BUGS have been closed without a fix (duplicates, not reproducible, or declined) are in the total and in neither figure, so 4,902 fixed + 120 open + 894 closed = 5,916. More next week.

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SKAI Weekly Update — August 31 - September 6, 2026 Onboarding 100% Complete -We made a minor update to this section that allows users to create Skai accounts with your email or decentralized wallet. HOME 100% complete -The 2nd minor update is to this section for when a user lands inside the App for the 1st time we introduced a deposit modal. 24/25 SKAI Originals = 100% Complete 1 more week on UI to be finished. BUG/QA team has submitted 5,000+ to nail visual, user flow, and functionality. BRIDGE has been single lock committed and tree is frozen for Halborn Security Teams review. More next week.