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LATEST ARTICLES
Bitget Traces $387.5 Million Hack to Compromised Security Appliances
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 Institutional Clients Can Accept Stablecoin Payments Through Coinbase
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.
Senate Report Questions Tether’s Response to 846 Iran-Linked Wallets
A Senate Democratic report reviewed 846 Iran-linked cryptocurrency wallets and found extensive use of USDT. The report questions Tether's response to sanctioned wallets, while the company points to hundreds of millions of dollars in Iran-linked freezes and cooperation with law enforcement.
Kalshi Loses Appeal Over Ohio and Tennessee Sports Betting Rules
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.
Crypto’s Next Big Bet? Gibraltar Goes All-In on Prediction Markets
Gibraltar has introduced a dedicated regulatory framework for prediction markets as the sector expands into areas spanning gambling, finance and crypto. Its existing experience with digital assets could also become important as platforms adopt blockchain, stablecoins and other financial technology.
New York Sues Polymarket and Seeks to Block State Access
New York is asking a court to stop Polymarket from operating in the state without a gaming license. Polymarket has moved the dispute to federal court, where its challenge could intersect with a pending Second Circuit appeal over prediction-market regulation.
Bitget Hack Freezes Withdrawals After $351.6 Million Wallet Loss
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.
IBM Connects Digital Asset Haven to Swift Ledger for Tokenized Deposits
IBM has connected Digital Asset Haven to Swift's shared ledger through a beta ISO 20022 adapter. The setup lets banks test tokenized deposits using familiar payment messaging, while a new on-premises option gives regulated institutions greater control over infrastructure and cryptographic keys.
Binance Sets September 28 Deadline for Direct Hryvnia Services
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.
Binance Faces Reported US Probe Over Iran Sanctions
US prosecutors are examining whether Binance knowingly allowed trading that violated sanctions on Iran. Bloomberg and Reuters report that federal offices in New York and Washington are involved, while Binance says no customer service changes have been announced.
