Bitget’s 30-Minute Warning Fails to Stop $290M in Transfers
The breach shifts scrutiny from initial access to incident response: Bitget’s own systems flagged unauthorized transfers before the largest losses began.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The breach shifts scrutiny from initial access to incident response: Bitget’s own systems flagged unauthorized transfers before the largest losses began.
The company now holds more than 4.9% of Ethereum's circulating supply, with 5.07M ETH staked and a stated target of 5%.
The staff guidance could give developers, businesses and financial institutions more confidence to assess crypto products, but it is not a new law or blanket approval.
The law also restricts platforms from listing qualifying official-linked coins for California residents when issued from Jan. 1, 2027, creating a separate compliance test for providers.
The Meta CEO’s framing puts the focus on who benefits from increasingly capable AI, not just on the technology itself.
The allegation puts stablecoin oversight and sanctions compliance under fresh scrutiny, with potential consequences for Tether and the wider dollar-token market.
The purchase adds a sizable corporate treasury allocation to the growing institutional focus on Bitcoin.
The purchase extends Strategy's use of Bitcoin as a corporate treasury asset, adding another sizable acquisition without disclosing a new total holding figure.
The partnership puts stablecoins closer to the payment workflows of traditional finance, though the announcement does not specify which stablecoins or when the service will launch.
The finding puts Tether’s dollar-pegged stablecoin under added scrutiny over how sanctioned networks use digital assets.
Robinhood Chain contributed $53B, more than the quarter’s $28B net increase, making its launch the central driver of the recovery.
The threat is to banks’ low-cost funding: automated cash transfers could make households more responsive to yield differences, while crypto payment rails are already serving agentic finance.
The purchase lifts Strategy's bitcoin holdings to 847,666 BTC, with the position showing a reported $6.75B unrealized profit.
The purchases came alongside $246.2M in net proceeds from MSTR share sales, while Strategy ended the period with 847,666 BTC and $6.02B in USD assets.
The company now controls about 4.9% of Ethereum’s supply and is 98% of the way to its stated 5% ownership target.
Rising oil and Treasury yields added to pressure on risk-sensitive markets, while Friday's U.S. spot Bitcoin ETF flows remained positive but slowed from Thursday.
The purchase brings Strategy's bitcoin treasury above 4% of Bitcoin's capped supply, funded through stock sales and cash reserves.
The purchase expands Strategy’s already large Bitcoin treasury, reinforcing its role as a major corporate holder of BTC.
The partnership points to a push to make stablecoin payments more accessible to institutional clients, linking a major bank with a crypto exchange.
Users can borrow USDT or USDC against fund shares without moving the underlying assets to the exchange, while those shares continue to earn yield.