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KelpDAO Accuses LayerZero of Hiding Flaws Linked to $292M Exploit
KelpDAO sued LayerZero and co-founder Brian Pellegrino, alleging undisclosed protocol weaknesses contributed to a $292 million hack. CoinDesk described the incident as 2026’s largest exploit so far, putting LayerZero’s ZRO token in focus.
US Spot Bitcoin ETF Inflows Slow to $191 Million as Six-Day Run Reaches $2.8 Billion
US spot Bitcoin ETFs attracted $191 million on Thursday, extending their inflow streak to six days and $2.8 billion. Daily inflows slowed for a third straight day, while year-to-date net flows reached $787 million.
Bitget Says $351.6 Million Loss Came From Spoofed Transfers
Bitget CEO Gracy Chen said the exchange lost $351.6 million after attackers compromised a wallet backend and spoofed transaction data. She said the incident did not involve stolen private keys, according to CoinDesk.
Jeff Booth Says a $1 Million Bitcoin Target Is Too Small
Jeff Booth says a $1 million Bitcoin target may be too conservative because valuing BTC in debased fiat currencies relies on a distorted monetary framework, according to an article published by Bitcoin Magazine.
Cosmos Recovers $2.2 Million in Stolen ATOM After Chain-Wide Halt
Cosmos halted and restarted its network to recover stolen ATOM linked to Neutron. About $2.2 million was secured in a validator multisig, while 169,000 tokens escaped. The pause also affected unrelated Cosmos Hub users.
Bitcoin Slips Below $84,000 as 10-Year Treasury Yield Reaches 19-Year High
Bitcoin traded near $83,200 after falling below $84,000 as the 10-year Treasury yield reached a 19-year high. Fed hike odds stood at about 75%, while the Treasury prepared a $6 billion long-dated bond buyback.
US Spot Bitcoin ETF Inflows Reach $347M as BTC Drops Below $84K
US spot Bitcoin ETFs attracted $347 million on Wednesday as BTC fell below $84,000 after topping $87,000. Five-day inflows reached $2.65 billion, indicating continued fund demand despite the cryptocurrency’s retreat.
Brooklyn Man in $16 Million Coinbase Scam Faces Up to 12 Years
A Brooklyn man involved in a $16 million Coinbase scam received up to 12 years in prison after posing as support staff and draining about 100 accounts. Messages reportedly showed he lost $6 million of the proceeds gambling.
Ethena Price Surges Toward $0.23 as Supply Unlock Nears: Can ENA Reach $0.30?
The post Ethena Price Surges Toward $0.23 as Supply Unlock Nears: Can ENA Reach $0.30? appeared first on Coinpedia Fintech News Ethena price is back near a major breakout zone as ENA’s sharp September rally collides wit...
Kalshi Attributes Nearly $5B in Ether Perpetual Trades to Liquidity Programs
Kalshi said nearly $5 billion in similarly sized Ether perpetual trades were tied to its liquidity incentive programs, denying wash-trading allegations. The platform also said the CFTC had not contacted it over the activity.
Circle launches 24/7 stablecoin FX engine targeting currency market
Circle launched a 24/7 stablecoin FX engine targeting the $10 trillion currency market. Screened firms can settle supported stablecoin pairs, while local fiat access and custody require separate arrangements, CryptoSlate reported.
China Investigates DeepSeek and Moonshot Over Alleged Claude Data Routing
China’s internet regulator is investigating DeepSeek and Moonshot AI after Anthropic alleged they secretly routed millions of user exchanges through Claude to train their own models. The report gives no details on potential findings or penalties.
Tron Processes Up to $190 Billion in Weekly Stablecoin Transfers
Tron has become a major settlement network for USDT, processing an estimated $150 billion to $190 billion in stablecoin transfers each week. Canary Capital’s Josh Olszewicz reviews its economics and potential regulatory implications.