Bitget's $352 million hack happened via spoofed transfers, not private keys, CEO Gray Chen says
Bitget lost $351.6 million after attackers compromised a wallet backend, spoofed transaction data, Chen said on X. Source:CoinDesk
Block brings Bitcoin Lightning payments to x402 for AI agents
Block joins Google, Microsoft, AWS and Coinbase in backing x402, an open payment standard enabling agentic AI commerce. Source:Cointelegraph
Bitget CEO suspects North Korea behind $352M hack, citing IP clues
Bitget CEO Gracy Chen said a preliminary investigation found IP addresses matching VPN choices associated with a DPRK hacking group. Source:Cointelegraph
Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express
The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $351M loss and OpenAI forgets to mention its agents hacked the…
New York sues Polymarket, alleging it is running an illegal gambling operation
The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains. Source:CoinDesk
U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year's GENIUS Act into place with regulations, including those governing stablecoin yield programs. Source:CoinDesk
Fed proposes new capital, redemption rules for stablecoin issuers
The Fed’s proposal would set capital requirements, a twoday redemption window and new reserve disclosures as regulators implement the GENIUS Act.…
Crypto exchange Bitget loses $352 million in hack, claims user funds are 'safe'
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements. Source:CoinDesk
Bitget confirms $351M security breach, suspends withdrawals
Bitget said unauthorized transfers affected a limited number of hot wallets, while cold wallets and most platform assets remained unaffected.…
CFTC updates guidance on tokenized assets, blockchain records after failed vote
Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide…
Why investors aren’t buying yet another attempt by the Treasury to calm the rattled bond market
Backtoback weak auctions for Treasury notes show that government repurchases haven’t spurred demand for bonds. Source:MarketWatch
Costco earnings beat expectations, thanks to tariff refunds
Tariff refunds helped deliver a profit beat during Costco’s fourth quarter. Source:MarketWatch