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Bitget has resumed Bitcoin withdrawals after a security breach involving nearly $388 million in assets. Ether and USDt withdrawals are scheduled to return over the next two days, while the attacker continues swapping stolen cryptocurrency through THORChain.
Franklin Templeton is bringing its off-exchange tokenized collateral program to Bybit. Users can pledge money market fund shares representing about $686 million in assets to access USDT or USDC trading credit while the underlying holdings remain in regulated custody and earn yield.
California Governor Gavin Newsom has signed AB 2409, barring state public officials and employees from issuing meme coins and restricting platforms from listing certain politically connected tokens from 2027. The measure arrives as Congress debates ethics rules for politicians’ crypto ventures.
Bitcoin fell to about $83,000 as altcoins erased much of Friday’s gains, with the CoinDesk 100 down 2.6%. Rising Brent crude, weaker traditional markets and falling crypto open interest pointed to a broad risk-off move and position-closing rather than a surge in new leverage.
Bitcoin remained under pressure after Iran denied a report of peace progress, while the U.S. 10-year Treasury yield rose above a new cycle high of 5.27%. Moneyiar data showed BTC at $83,820.05, down 0.61% over 24 hours but up 3.20% over seven days.
Hong Kong’s SFC and AFRC signed a memorandum expanding cooperation on financial reporting, audits and compliance oversight to licensed virtual asset service providers and other regulated financial entities.
Bitcoin has pulled back from the $84,000 area as traders digest a recent Federal Reserve rate hike and prepare for U.S. jobs, inflation and growth data. The week also brings Solana’s Alpenglow upgrade, governance votes, token unlocks and Korea Blockchain Week.
Bitcoin remains well above its summer low, but futures data shows rising caution. Open interest has fallen to 652,000 BTC, while negative perpetual funding indicates short sellers are willing to pay to maintain bearish positions as the dollar and Treasury yields rise.
A fake bridge for the not-yet-launched GIWA mainnet drained about 766.25 ETH from 1,335 addresses. DYORSWAP said its contracts were not compromised, pledged more than 200 ETH in compensation and is tracing the bridge operator and recipient wallets.
Bitcoin fell below $82,700 as sell-side liquidity near $85,700 blocked a fresh rally toward its 2026 opening level. The move followed renewed Iran-related uncertainty, which also pressured US stock futures and pushed WTI crude above $95 a barrel.
US spot Bitcoin ETFs attracted $2.39 billion last week, their biggest weekly inflow since October 2025. Ether and XRP products also recorded net gains, while Bitcoin pulled back after rising above $87,100 and market sentiment remained in “Greed” territory.
Hong Kong-based stablecoin payments company RedotPay says it has completed a financial audit and compliance review as it continues preparing for a U.S. IPO, rejecting a report that legal and regulatory issues had deferred the listing until 2027 or later.
California Gov. Gavin Newsom signed AB 2409, banning state public officials from issuing memecoins. The measure was presented as an anti-corruption response to President Donald Trump’s $TRUMP token, whose sharp collapse caused billions in reported losses for buyers.
U.S. spot Solana ETFs attracted a record $188 million last week, with Bitwise’s BSOL taking $128 million. All seven funds recorded inflows, while Friday produced a daily record of $87 million as developers tested Solana’s Alpenglow upgrade.
South Korea’s financial regulator is reconsidering whether to allow formal crypto market makers after yen-backed stablecoin JPYC surged from 12 won to 37.6 won on Upbit, exposing liquidity concerns and renewing debate over market-manipulation safeguards.
Vitalik Buterin says Ethereum’s planned 2027 Hegotá upgrade could be its last “normal” fork before development shifts toward cryptographic verification, offchain computation, privacy and quantum-safe systems.
Bitcoin and Nasdaq futures fell after Donald Trump left open the possibility of more U.S. strikes on Iran before the midterm elections. Oil prices rose, while investors prepared for U.S. inflation, manufacturing and employment data that could influence interest-rate expectations and market volatility.
California Governor Gavin Newsom signed a law banning state and local public officials from issuing memecoins and restricting certain related offerings to residents. The measure applies to tokens issued from Jan. 1, 2027, while a separate law expands digital-asset money-laundering enforcement.
