Bitget Confirms $351.6M Hot Wallet Breach And Pauses Withdrawals

Bitget says unauthorized transfers affected approximately $351.6 million held across parts of its hot and warm wallet infrastructure. The exchange says its cold wallets...

Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme

Key TakeawaysTrung Nguyen Van, 37, was charged with money laundering tied to a “pig butchering” crypto scam.One victim allegedly lost $16 million; over...

Bullish Takes Aim at Wall Street’s Tokenized Stock Ownership Gap

Key TakeawaysBullish and four financial firms formed the Issuer Sponsored Token Coalition on Sept. 24 to bring real shareholder rights onchain.Equiniti serves nearly...

Paxos Labs Launches Gold Token That Can Earn A Return In Gold

Paxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are...

Galaxy Digital Puts $100M of sUSDS Into Corporate Treasury

Key TakeawaysGalaxy put $100M of Sky’s sUSDS into its treasury and approved it as institutional loan collateral.The move brings DeFi yield into a...

HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure

HIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, cards and...

ECB Seeks to Link TIPS Payment System With Brazil’s Pix

Key TakeawaysThe ECB is exploring a link between TIPS and Brazil’s Pix to enable faster, cheaper EU-Brazil payments.Connecting the systems creates a low-cost...

Solana Foundation Hires Former Binance CMO For Institutional Push

The Solana Foundation has appointed former Binance global CMO Rachel Conlan as chief strategy officer. Former Polygon Labs executive Jamal Raees has joined as...

Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows

Key TakeawaysCoinmarketcap acquired Coinglass, adding derivatives data across 28 exchanges and 2,500+ instruments.The deal gives Coinmarketcap deeper leverage data for 115M monthly users,...

The Clearing House Picks Quant For US Tokenized Deposit Network

The Clearing House has selected Quant to provide the interoperability and transaction-management layer for its On-Chain Money Initiative. The planned network will let financial...
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