Market-moving crypto headlines from the last 24 hours.
The breach shifts scrutiny from initial access to incident response: Bitget’s own systems flagged unauthorized transfers before the largest losses began.
The guidance and proposed reserve rules add regulatory pathways for blockchain-based finance, even as $280M in Bitcoin long liquidations show that market prices remain volatile.
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 allegation puts stablecoin oversight and sanctions compliance under fresh scrutiny, with potential consequences for Tether and the wider dollar-token market.
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 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 alleged laundering trail overlaps with funds from a separate Kelp DAO exploit, while ZachXBT says more data is forthcoming.
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 dispute pits Bitget’s effort to recover stolen funds against THORChain’s refusal to selectively block addresses, while cross-chain swaps keep the attacker’s activity visible.
The partnership points to a push to make stablecoin payments more accessible to institutional clients, linking a major bank with a crypto exchange.
The approach could let Ethereum expand computation without asking every validator to repeat it, but state access remains a major constraint.
Users can borrow USDT or USDC against fund shares without moving the underlying assets to the exchange, while those shares continue to earn yield.
The exchange says the pause was a security measure, not a sign of insufficient user assets, and that losses were covered by its Protection Fund.
The CEO said private keys were not compromised, but attackers reached wallet backends and bypassed withdrawal risk controls.
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