Trading
Memecoins
Robinhood Chain’s $1.5 billion boom is attracting memecoin rug factories
GoPlus flagged a second suspected operation with more than $9 million in flows after an earlier cluster allegedly extracted $18.4 million.
Exchanges
Nearly 5,000 BTC leaves Bitget as hackers begin laundering $387 million haul
Bitget processed 9,585 Bitcoin withdrawal orders totaling 4,098 BTC after reopening access following its $387.5 million hack.
Digital Asset Treasuries
Strategy makes first back-to-back Bitcoin buys since June as accumulation picks up
The company now owns 847,666 BTC after rebuilding positions sold earlier in the quarter, while STRC edges back toward $100.
Wallets
Brazil’s $252 billion crypto market gets $10,000 self-custody reporting rule
Banks and exchanges must report qualifying transfers to and from private wallets from Oct. 1 as Brazil expands scrutiny of crypto flows.
Hacks
Bitget had 30 minutes to contain its hack before $290 million started moving
Blockchain data shows the exchange detected suspicious activity well before the breach’s two largest transfer waves.
Technology
Ethereum’s next scaling leap may come from making everyone stop doing the same work
Buterin says proofs could let different participants handle different computations while validators cheaply verify the outcome.
Scams
Crypto scammers built an entire fake blockchain to steal over $2 million
Attackers used GIWA’s expected Chain ID and a fraudulent bridge before changing the portal code and emptying deposits.
Macro
Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage
Bitcoin has held near $84,000 even as US borrowing costs hit multi-decade highs and $1.7 billion of derivatives exposure disappears.
Hacks
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
The exchange raised its loss estimate after tracing more assets, launched a 5% recovery bounty and kept withdrawals suspended.
ETF
US crypto ETFs draw over $3 billion this week, with nearly $800 million flowing beyond Bitcoin
Ethereum, Solana, XRP and Zcash attracted almost $800 million as institutional crypto demand expanded across five major ETF markets.
KYC
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
Proposed GENIUS Act rules could require issuers to retain identifying records for five years despite a string of damaging data breaches.
Hacks
Bitget’s North Korea-linked $352 million hack could drain 76% of its protection fund
Bitget says its $464 million backstop will cover losses, though the final draw depends on recoveries.
