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Ether.fi is ending its final structural link with EigenLayer as restaking yields weaken and risks rise. The protocol is shifting toward cards, borrowing and vaults after the wider sector’s profits and fee generation declined sharply.
The post BGB Token Price Faces Fresh Pressure to Fall Under $1 After Bitget Hack appeared first on Coinpedia Fintech News BGB token price is back under pressure as the token struggles below the $2.0-$2.20 resistance bel...
Senate Democrats allege that Tether’s USDT has become a key instrument in Iran’s sanctions-evasion network, citing an estimated $2 billion in government transactions last year. Tether says it has supported nearly $550 million in Iran-linked freezes and cooperates with authorities.
Bitcoin fell about 1.8% as President Trump rejected Iran’s seven-day plan, sending Brent crude above $100 and lifting the dollar and Treasury yields. Traders now await U.S. inflation and jobs data, with markets pricing a roughly 64% chance of another Fed hike in October.
Breez’s latest SDK feature lets apps accept stablecoin payments from more than 30 crypto networks while delivering recipients bitcoin or a dollar balance. The update is intended to simplify cross-network payments without requiring users to manage different wallets or blockchain infrastructure.
Bitget CEO Gracy Chen said a third-party security flaw enabled attackers to obtain internal credentials and authorize fraudulent withdrawals in a $388 million exploit. The exchange says its private keys and cold wallets were unaffected, while recovery efforts and an investigation into a possible North Korea link continue.
Trezor’s Safe 7 combines open-source firmware, a 20-word Shamir backup system and a modern metal design with Bluetooth and wireless charging. The review highlights improved usability alongside trade-offs involving air-gapped security, battery reliability, delivery privacy and entropy management.
ESMA says its MiCA agenda is moving from rulemaking to supervision, with priorities including crypto-firm resilience, outsourcing, reporting standards and market surveillance. The EU regulator also plans to expand its MIDAS monitoring system and contribute to the European Commission’s MiCA review expected by June 2027.
Altcoins are showing early signs of a possible new season, but buying remains selective. Traders are favoring revenue-generating protocols, privacy, AI, tokenized assets and some memecoin projects rather than entering one broad market-wide trade.
Bitmine Immersion Technologies now holds 6,001,302 ETH worth about $16.2 billion, equal to 4.9% of Ethereum’s circulating supply. The company bought another $47 million of ETH last week and has staked 84% of its holdings.
Apollo Chief Economist Torsten Slok warned that AI agents could automatically move household cash from low-interest checking accounts to higher-yield alternatives, draining the inexpensive deposits banks use to fund loans and creating a slow-motion bank-run risk.
Strategy bought 1,665 Bitcoin for $142.7 million, taking its holdings to a record 847,666 BTC. The company also repurchased $151.7 million of STRC preferred stock and reported $6.02 billion in dollar assets.
Strategy bought 1,665 Bitcoin for $142.7 million, lifting its holdings to 847,666 BTC. The company funded the acquisition with MSTR share sales while also repurchasing STRC preferred stock and drawing on its US dollar cash balance.
Chainlink has launched CCIP 2.0, allowing companies to add their own verifiers to cross-chain transfers alongside a default 16-operator network. The release follows the $292 million Kelp DAO hack and removes Chainlink’s separate Risk Management Network from its standard safeguard structure.
Bitcoin slipped below $83,000 as geopolitical tension pressured risk assets, but it remains up more than 40% in Q3. Markets are watching $82,500 support and upcoming US inflation and jobs data for clues about interest rates and the cryptocurrency’s next move.
A wallet linked to the Bitget hacker swapped about $6.3 million in ether for bitcoin through THORChain. The network rejected Bitget’s request to blacklist individual attacker addresses, saying its emergency controls can halt broader activity but cannot selectively freeze one transaction.
The SEC’s corporate-finance division says buyback announcements by functional crypto networks do not automatically constitute promises of managerial efforts under the Howey test. The guidance could clarify the position of revenue-generating protocols, while leaving projects without functioning networks exposed if they promote buybacks as returns.
Bitcoin and ether have weakened as bullish crypto sentiment cools, but options pricing still does not show panic. Put demand has increased, yet downside protection remains relatively cheap compared with typical levels, according to CoinDesk’s review.
