Morpho CEO Vault Classification Proposal Draws Fire From Aave Founder Kulechov
$170-183 Million Drained From Bitget Wallets in Under an Hour
DoubleZero Launches Fiber Market Data Feed for Hyperliquid Traders
OpenZeppelin Brings Smart Contract Security Libraries to TRON
Payy Network Halts Operations After $1.92M USDC Exploit
Bitget Joins Sygnum Protect Custody Program as Fourth Major Exchange
BlackRock Supplies Portfolio Models for Ondo Tokenized Products on Ethereum and BNB Chain
Arbitrum Replaces Timeboost With Per-Transaction Priority Auctions, Routing 97% Revenue to DAO
New York Sues Polymarket for Illegal Gambling as State Targets Prediction Markets
Solana Foundation Taps Ex-Binance CMO Rachel Conlan as Chief Strategy Officer
HIFI Raises $37M Series A for Tokenized Settlement and Stablecoin Payments
IBM Connects Digital Asset Haven to Swift Blockchain Ledger for Tokenized Deposits
Top Stories
$170-183 Million Drained From Bitget Wallets in Under an Hour
DoubleZero Launches Fiber Market Data Feed for Hyperliquid Traders
OpenZeppelin Brings Smart Contract Security Libraries to TRON
Payy Network Halts Operations After $1.92M USDC Exploit
Bitget Joins Sygnum Protect Custody Program as Fourth Major Exchange
BlackRock Supplies Portfolio Models for Ondo Tokenized Products on Ethereum and BNB Chain
Arbitrum Replaces Timeboost With Per-Transaction Priority Auctions, Routing 97% Revenue to DAO
New York Sues Polymarket for Illegal Gambling as State Targets Prediction Markets
Editor's Picks
New York Sues Polymarket for Illegal Gambling as State Targets Prediction Markets
Solana Foundation Taps Ex-Binance CMO Rachel Conlan as Chief Strategy Officer
HIFI Raises $37M Series A for Tokenized Settlement and Stablecoin Payments
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Markets
Morpho CEO Vault Classification Proposal Draws Fire From Aave Founder Kulechov
Morpho CEO Paul Frambot proposed dividing onchain vaults into non-custodial and discretionary categories for regulators. Aave founder Stani Kulechov called it self-serving, while vault builders argued the framework mischaracterizes how timelocks work.
$170-183 Million Drained From Bitget Wallets in Under an Hour
Between $170 million and $183 million in cryptocurrency moved out of Bitget exchange wallets to a newly created address across multiple blockchains in less than an hour. Both hot and cold storage reserves appear affected. Bitget has not issued an official statement.
DoubleZero Launches Fiber Market Data Feed for Hyperliquid Traders
DoubleZero activated a dedicated fiber market data feed for Hyperliquid on Thursday, giving professional trading firms direct, low-latency access to the decentralized perpetuals exchange's full order book for the first time.
OpenZeppelin Brings Smart Contract Security Libraries to TRON
OpenZeppelin announced Thursday that its full suite of smart contract libraries and security tools are now available on TRON, giving developers access to battle-tested code used across Ethereum and Polygon.
Regulation
New York Sues Polymarket for Illegal Gambling as State Targets Prediction Markets
New York state has filed a lawsuit against prediction market platform Polymarket, alleging the company operates an illegal gambling business. The action marks the second major enforcement move against a prediction market operator in under three months and signals an accelerating campaign by...
EU Regulators Flag Quantum Computing as Real Threat to Bitcoin Security
EU financial watchdogs have escalated quantum computing from academic theory to regulatory concern, warning that sufficiently powerful quantum computers could compromise Bitcoin's elliptic curve cryptography. The real urgency lies not in imminent attacks, but in the years-long timeline required...
FBI's Annual Crypto Crime Gathering Puts Cross-Border Enforcement in the Spotlight
The FBI convened its annual Virtual Asset Technical Exchange this week, a low-profile but consequential gathering that brings together law enforcement professionals, blockchain analysts, and international partners to sharpen the tools used to track and prosecute digital asset crime.
MoonPay Acquires SEC-Registered North Capital for $60M
MoonPay announced an all-stock acquisition of North Capital, an SEC-registered broker-dealer, for $60 million. The deal gives the crypto payments company direct access to regulated trading infrastructure and positions it to serve institutional clients moving between traditional securities and...
DeFi
Payy Network Halts Operations After $1.92M USDC Exploit
$1.92 million in USDC drained from Payy Network's Ethereum rollup. The attacker converted stolen stablecoins into roughly 683 ETH and distributed proceeds across three wallets before Payy halted all operations.
a16z and DeFi Education Fund Ask SEC to Exempt DEXs From Exchange Registration
Andreessen Horowitz and the DeFi Education Fund submitted a joint proposal to the SEC requesting an exemption for decentralized exchanges from exchange registration requirements, targeting Commissioner Hester Peirce with a safe harbor framework.
World Liberty Financial Opens Vote on 180-Day WLFI Governance Rewards Program
World Liberty Financial has launched a governance vote to establish a 180-day rewards program for WLFI token holders, with payouts drawn from a pool funded by the protocol's treasury and fees generated through World Liberty Markets.
Circle Launches Arc Mainnet With Institutional Validators, USDC as Native Gas
Circle launched Arc mainnet on September 16 with USDC as the native gas token. The Layer 1 blockchain operates on proof-of-authority consensus with 11 institutional validators plus Circle, including BlackRock, Visa, and DTCC. Over 100 applications are live at launch, but the 10 billion ARC token...
Technology
Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.
Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.
Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.
Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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