Latest news — Page 8
USD Coin Circulation Rises by About 300 Million in Seven Days
Circle issued about $10.1 billion of USDC and redeemed roughly $9.8 billion during the period ending Sept. 21.
Iran Puts Onus on U.S. to End War as China Pushes De-escalation
President Masoud Pezeshkian said Washington must decide whether to end the seven-month conflict as Houthi attacks on Saudi targets added pressure to energy markets.
MoonPay Signs Deal to Acquire North Capital for More Than $60 Million
The all-stock transaction would make North Capital a wholly owned MoonPay subsidiary and add regulated brokerage, custody and clearing capabilities.
Virginia-Based Tech CEO Charged Over Alleged Hidden Russian Control
Lee Reiber and Russian national Oleg Sergeyevich Davydov face conspiracy charges tied to Oxygen Forensics’ alleged ownership and software links to Russia.
MoonPay Deal Would Add Regulated Private-Market Infrastructure
The proposed merger with North Capital would expand MoonPay into brokerage, advisory, clearing, custody and secondary trading for private securities.
Goldman Sachs Lifts 12-Month Yen Forecast to 150 Per Dollar
The bank set three-month and six-month targets at 158 and 155 yen per dollar, respectively, as faster Bank of Japan rate hikes and an increased possibility of Japanese domestic funds returning to Japanese assets suppo…
J.P. Morgan Flags Stagflation Risks Without Major Economic Slowdown
J.P. Morgan managing director James Sullivan warned that oil above $100 a barrel, persistent core inflation and supply-demand imbalances could revive stagflation concerns.
Payy Says Exploit Stole User-Held, Non-Custodial Deposits
The privacy-focused stablecoin payment network is pursuing asset recovery and analyzing the root cause of the incident.
Bitget Says $352 Million Hack Used Spoofed Transfers, Not Private Keys
CEO Gracy Chen said attackers compromised wallet infrastructure and triggered the exchange’s authorization process. The specific intrusion method remains under investigation.
Missile Launches Toward Saudi Arabia Keep Brent on Weekly Gain Track
Brent traded at $105.65 a barrel early Friday, while West Texas Intermediate stood at $93.11 as markets weighed regional supply risks and uncertainty over the Strait of Hormuz.
Robinhood Chain Generated $6.6 Million in August Gas Revenue
The Ethereum layer-2 network also recorded $1.5 billion in decentralized-exchange volume and $711 million in total value locked during the month.
DeltaForesight Completes ¥324 Million Cumulative Financing for Yen Crypto Project
The JPY DeFi protocol is designed to let users mint JPYdf against overcollateralized Bitcoin, Ether and stablecoin deposits instead of yen reserves.
Lightspeed India Partners V, LLC Files SEC Notice With $0 Sold
The April 27 filing lists an indefinite offering amount and zero investors for the Mauritius-based venture capital fund vehicle.
Oil Prices Fall as Hormuz Disruption Keeps Supply Risks in Focus
Brent crude for November delivery fell 1% to $93.66 a barrel, while West Texas Intermediate declined 0.68% to $105.86 a barrel Friday.
10-Year Treasury Yield Year-End Forecast Raised to 5% as Rates Stay High
The 10-year yield reached 5.14% on Sept. 23, while the Brent crude forecast for the second half of the year rose to $95 a barrel from $83.
SpaceX Filing Details Phased Colossus 2 Expansion
Colossus 2 had 110,000 GB200 and 110,000 GB300 processors online as of June 5, while a later estimate projects 612,200 B300 GPUs in the first quarter of 2027.
Quant Rises 7.42% in One Hour to $98.32 as Short Liquidations Reach $150,000
Quant traded at $98.32 on Binance spot at 12:37 a.m. ET Friday, up from $91.53 an hour earlier.
About $15 Billion in Bitcoin Options Expire Friday With $100,000 Calls
The put-to-call ratio is 0.70, with major call open interest concentrated at $85,000, $90,000 and $100,000 strikes.
Bitget Reports $157.5 Million in XRP Transfers After Wallet Breach
Unauthorized transfers affected parts of Bitget’s hot and warm wallets, while cold wallets remained secure and withdrawals were temporarily suspended.
U.S. Spot Bitcoin ETFs Extend Inflow Streak to Six Days at $191M
BlackRock’s IBIT led daily inflows with $163 million, while total ETF assets reached $108.915 billion as of Sept. 24.
KelpDAO Sues LayerZero, Co-Founder Over $292 Million rsETH Attack
The lawsuit seeks accountability for an April bridge attack that drained about 116,500 rsETH. LayerZero CEO Bryan Pellegrino said he will defend the claims in Vancouver.
Only Four of 20 Largest Crypto Treasury Companies Trade Above Holdings Value
The gap weakens the financing model these companies use to raise funds through stock issuance and increase their Bitcoin holdings.
NEAR’s Rally Depends on Intents Fees Routed Through Outside Aggregator
NEAR Intents generated about 85% of NEAR’s revenue after a February fee switch, while SwapKit handled 35% of Intents volume and 61% of its fees.
Bittensor’s TAO Falls 10% as Open Interest Drops in Three-Day Correction
TAO traded at $287 after rejecting resistance near $329, while long liquidations reached $1.7 million versus $91,600 for shorts.
Quant Rises 4.1% in One Hour to $93.40 as Short Liquidations Hit $60,000
Quant traded at $93.40 on Binance spot, while its market capitalization stood at about $1.31175 billion, ranking 71st.
Bitget Says Hot-Wallet Attack Drained About $351.6 Million
Cold wallets and most platform assets were unaffected, while withdrawals remain suspended during a security review.
U.S. Spot Ether ETFs Extend Inflow Streak With $66.1 Million
The five-day run reached $746.5 million, with no fund posting an outflow on Sept. 24.
Bybit CEO Pledges Help to Recover Bitget’s Stolen Crypto
Ben Zhou said Bybit will update its LazarusBounty platform to trace the funds and support recovery efforts.
Two XRPL AMM Pools Record 2.74 Billion Units in 185 Pool-Level Trades
The XPM/TIX and RLUSD/TIX pools represented 97.24% of seven-day AMM volume, but neither contained native XRP.
Bybit CEO Offers Bitget Help After $351.6 Million Security Incident
Bitget is repairing its systems, investigating unauthorized transfers and preparing to resume withdrawals after confirming security.
Measured Crypto Economic Activity Fell 1.6% as Market Cap Lost $2.1T
Activity totaled about $9.4 trillion in the year ended June 30, while domestic peer-to-peer transfers and cross-border stablecoin flows posted sharp gains.
Thai Police Arrest Chinese Suspect Over 4.707 Million USDT Theft
The 30-year-old man was detained in Pattaya on Sept. 9 over an alleged scheme involving an OKX user account and SIM-card replacement.
Ripple CEO Ties XRP Value to Demand, Trust and Liquidity
Brad Garlinghouse said Ripple is seeking broader institutional use and deeper liquidity for XRP as companies build across the XRP Ledger ecosystem.
Near Protocol Drops 3.4% in One Hour to $4.48 With $340,000 Long Liquidations
NEAR remained up 2.31% over 24 hours as short liquidations totaled $0 across major exchanges.
Bitget Wallet Says Security Incident Did Not Affect User Assets
The self-custody wallet operates independently from Bitget’s exchange and says preventive checks found no security impact.
Solana Moves Alpenglow Upgrade to Public Testnet for 150ms Finality
The test phase replaces TowerBFT with Votor and requires validators to run Agave 4.3. Mainnet activation is tentatively scheduled for Sept. 28.
Bitget Commissions Independent Security Probe Before Restoring Withdrawals
Multiple teams are validating remediation measures and tracing the attack route while Bitget says its protection fund can cover related losses.