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Bitget Says It Will Reveal Withdrawal Resumption Plan by 1 p.m. KST on Sept. 26

Bitget said digital assets affected by a hack are estimated at about $387.5 million. The exchange also plans to disclose how it will resume suspended withdrawals. Bitget wrote on its official X account on Sept. 25 that its analysis showed roughly $38

IRS Crypto Tax Reporting Sparks Confusion in US as Exchange Data Omissions Mount

The Internal Revenue Service has begun broadly receiving digital-asset transaction reports from exchanges this year. But investors are facing a heavier tax-filing burden because cost-basis information is missing from many of the filings. Cointelegrap

Trump Says Xi Meeting Was ‘Very Productive,’ Sees ‘Great Things’ Ahead

U.S. President Donald Trump said his meeting with Chinese President Xi Jinping was "very productive." Writing on Truth Social on September 25, Trump said the talks were "very productive" for both the United States and China, adding that "great things

Ethena Expands USDe Strategy to Tokenized Stocks in Binance Partnership

Ethena, the issuer of the USDe stablecoin, is adding tokenized stocks to the assets used in managing USDe. The move expands its investment scope beyond digital assets into traditional financial assets. Wu Blockchain reported on September 25 that Ethe

Bitcoin Falls Below $84,000

Strategy Proposes Daily Dividends for Four Preferred Share Series

Strategy, the world’s largest corporate holder of Bitcoin, is seeking to introduce daily dividends for four of its preferred share series. In a post on X on September 25, the company said it is proposing a structure under which dividends would accrue

[Analysis] Bond-Market Volatility Jumps, a Warning Sign for Bitcoin

Volatility in the U.S. Treasury market has surged, even as Bitcoin and U.S. stocks remain relatively steady. CoinDesk said on September 25 that the bond market is sending a warning signal that has not yet shown up in Bitcoin or U.S. equities. Accordi

Bitget Warns of Phishing Accounts Impersonating Official Channels, Urges Users to Verify Links

Bitget warned users to be on guard against phishing accounts impersonating its official channels and suspicious links. In a post on its official X account on Sept. 25, Bitget urged users to verify the authenticity of any account, message or link rela

Bitcoin Tops $85,000

Bitwise’s NEAR Protocol ETF Approved for NYSE Arca Listing and Trading

Bitwise’s NEAR Protocol ETF has received approval from NYSE Arca to list and trade, CoinGape reported on September 25. The ETF will trade under the ticker "NRR." As of 7:40 p.m., NEAR Protocol was trading at $4.95, up 18.63% from a day earlier, accor

Sequans Sells All 314 Bitcoin, Ends Bitcoin Treasury Strategy

French semiconductor company Sequans Communications has sold all of its Bitcoin holdings, formally ending its Bitcoin treasury strategy. Sequans said on Sept. 24 that it sold all 314 Bitcoin it held as of the end of June. As a result, the company’s d

U.S. Spot Bitcoin ETFs Return to Net Inflows After $5.8 Billion Outflow

U.S. spot Bitcoin exchange-traded funds have swung back to cumulative net inflows this year. An analysis of SoSoValue data by CoinDesk on September 25 showed U.S. spot Bitcoin ETFs recorded about $800 million in cumulative net inflows for the year. T

KelpDAO Sues LayerZero, Alleging It Caused $292 Million Hack

KelpDAO, a decentralized liquid staking protocol, has sued cross-chain protocol LayerZero, alleging it was responsible for a $292 million hack in April. CoinDesk reported on September 25 that KelpDAO filed a civil lawsuit in British Columbia, Canada,

[Analysis] Bitcoin Long-Term Holders’ Realized Gains at 72%, Selling Pressure Limited

Bitcoin long-term holders are realizing gains that remain well below levels seen at past bull-market peaks, according to an analysis. The relatively modest level of profit-taking suggests they may wait for further upside rather than begin selling in

Magic Eden Hit by White Hat Hacker; 3,832 NFTs Moved Without Authorization

A large number of non-fungible tokens, or NFTs, were moved to external wallets following a hack involving NFT marketplace Magic Eden, MMS News reported on September 25. A white hat hacker exploited what is believed to be a vulnerability linked to Mag

Ondo Finance Launches Ondo Intelligent Portfolios Based on BlackRock Strategy

Real-world asset platform Ondo Finance has launched an on-chain portfolio product that gives investors exposure to multiple assets through a single token based on BlackRock’s investment strategy. Ondo Finance said on Sept. 25 that it launched Ondo In

Japan Speeds Stablecoin Push as Toshiba, 25 Others Join EJPY Trial

Twenty-six companies, financial institutions and local governments, including Toshiba Corp., will take part in a pilot project to explore uses for the yen-denominated stablecoin EJPY. Nada News reported on September 25 that the Japan Blockchain Found

Saturn to Launch STRN Token in Fourth Quarter, Allocate 5% of Supply to Season 2

On-chain digital credit protocol Saturn plans to hold the token generation event, or TGE, for its native token STRN in the fourth quarter of this year. BlockBeats reported on Sept. 25 that the Saturn Foundation plans to conduct STRN’s TGE in the four

[Analysis] Binance Records 13,800 Bitcoin Net Outflow, Largest Since 2023

Bitcoin's rally has coincided with the largest daily net outflow of the token from global digital-asset exchange Binance since 2023, in a sign investors may be stepping up accumulation. On September 25, CryptoQuant contributor Darkfost wrote on X, fo

Bitget Says Ethereum, XRP and Other Assets Were Affected by Hack; Withdrawal Resumption Timing Unclear

Global digital-asset exchange Bitget disclosed the extent of damage from a security incident about 12 hours after the attack. It said its cold wallets were unaffected and that withdrawal services would resume once their safety is confirmed. On Sept.

Bitcoin Status Unchanged Despite CLARITY Act Setback in Senate

Analysis suggests the Senate’s setback on the CLARITY Act is unlikely to materially change Bitcoin’s narrative in the near term. Still, the delay in establishing a legal framework for spot-market oversight could prolong regulatory uncertainty. BitPla

US Crypto Rulemaking Accelerates; FSC Says It Will Fast-Track South Korea Digital Asset Basic Law

Min Byung-deok: No More Delays in Legislation Questions Raised Over Waiting for a Government Bill Concerns Grow Over an Outflow of Companies and Capital FSC: We Want It Passed More Than Anyone As the U.S. Securities and Exchange Commission steps up e

FSC Says It Will Rush Digital Asset Basic Act Bill for National Assembly Review by November

South Korea’s Financial Services Commission said it will expedite submission of the government’s Digital Asset Basic Act bill so the National Assembly can begin substantive discussions in November. Seo Na-yoon, head of the FSC’s Virtual Asset Divisio

Hyperliquid’s Share of Global Perpetual Futures Open Interest Hits Record 10.9%

Hyperliquid, a decentralized derivatives exchange, has reached a record share of the global perpetual futures market. According to Hypeflows on September 20, Hyperliquid accounted for 10.9% of the global perpetual futures market based on open interes

This Week's Key Economic, Crypto Events: US-China Leaders' Summit Ahead

<This week's major economic events> ▶ Sept. 21 (Mon.): △ Japanese markets closed ▶ Sept. 22 (Tue.): △ Speech by New York Fed President John Williams (11:05 p.m. Korea Standard Time) ▶ Sept. 23 (Wed.): △ US September flash manufacturing PMI (10:45 p.m

Avalanche Jumps Ahead of Helicon Mainnet Upgrade, Tops $10 Intraday

Avalanche (AVAX) surged ahead of the Helicon mainnet upgrade. As of 1:40 p.m. on September 20, Avalanche was trading at $9.58, up 12.67% from a day earlier, according to CoinMarketCap. It briefly rose above $10 earlier in the session. The move appear

WSJ Says Polymarket Stayed Focused on Growth Despite Fears of $10 Million Stolen-Card Fraud

Polymarket was targeted in an attempted stolen-card fraud scheme involving at least $10 million, according to a Wall Street Journal report. Despite those concerns, the prediction-market platform remained focused on expanding its business. Wu Blockcha

Bybit CEO Says Bitcoin Still Has a Long Way to Go Before Becoming 'Digital Gold'

Bitcoin still needs more time before it can establish itself as mature "digital gold," Bybit Chief Executive Officer Ben Zhou said. Wu Blockchain reported on September 20 that Zhou made the remarks in an interview with Cointelegraph during Paris Bloc

Vitalik Buterin Says He Won’t Give Up on Privacy, Will Strengthen Ethereum Protections

Vitalik Buterin, co-founder of Ethereum, said he intends to continue strengthening the network’s privacy protections. Odaily reported on September 20 that Buterin made the remarks on X, formerly Twitter, in response to a question from Paradigm Chief

Paraguay Uncovers 2 Illegal Bitcoin Mining Sites, Seizes 35 Machines

Paraguayan authorities have uncovered two digital-asset mining sites, including Bitcoin (BTC) operations, that used electricity illegally and seized 35 mining machines. CryptoNoticias reported on September 19 that Paraguay’s state power utility ANDE,