CrispyBull

Bitget has released preliminary forensic findings into the $387.5 million theft from its wallet infrastructure. Investigators traced the intrusion through compromised third-party security products into Bitget’s wallet systems, where fraudulent withdrawal commands continued after platform-wide restrictions began.

Citi and Coinbase have expanded their payments collaboration to let institutional clients accept stablecoins while settling in fiat. The arrangement also uses Citi’s Virtual Account Wallet to support Coinbase Virtual Accounts for payments customers.

Ohio and Tennessee can enforce their sports wagering rules against Kalshi while litigation continues, the Sixth Circuit has ruled. The decision deepens a federal court split over whether state gambling regulators can restrict sports contracts offered by federally regulated prediction markets.

Bitget says a compromised backend system enabled unauthorized transfers affecting approximately $351.6 million across its wallet infrastructure. Withdrawals remain suspended while investigators examine how the attacker entered the system and why transfers continued after detection.

Binance is closing direct UAH transfers and its USDT/UAH spot market on September 28. Eligible hryvnia balances will convert to USDT at 46.5 UAH per token, while peer-to-peer hryvnia trading remains available under the current changes.