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Following a security incident, Bitget has suspended withdrawals. CEO Gracy Chen clarified the attack did not involve key compromise but system bypass. Losses are contained, with internal and external teams working on a solution, but no restoration timeline is available.
Read MoreBitget exchange hot wallets were hacked, losing ~$351.6M. Most stolen funds were converted to 67,982 ETH on EVM chains. The platform confirmed cold wallets are secure and user balances unaffected, with losses covered by a $464M+ protection fund, though on-chain data conflicts with official claims.
Read MoreOracle's force majeure notice over potential data center delays in New Mexico has sent ripples through the trillion-dollar AI infrastructure financing market. The move is affecting funding discussions for other projects, including those linked to OpenAI, with some plans now being postponed.
Read MoreOndo Finance faces leadership turmoil after founder Nathan Allman's unexpected death. Rumors of a potential sale emerged, but the company firmly denies seeking buyers. Control of Allman's majority stake remains contested in court, complicating the platform's future direction.
Read MoreMeta's stock surged about 36% in September, marking its best monthly performance since July 2013 and pushing its market cap toward $2 trillion. The rally is driven by optimism over its new AI assistant, Muse, easing concerns over heavy AI investments. The company is expanding its AI hardware lineup with ambitious future spending plans.
Read MoreOn September 25th, the onshore Renminbi (CNY) exchange rate against the US Dollar experienced a slight decline, closing at 6.7125, down 17 basis points from the previous night's close. Trading volume exceeded $46.3 billion, indicating active market participation. This analysis explores the market dynamics behind this minor adjustment.
Read MoreThe Federal Reserve proposed new rules requiring bank-issued payment stablecoins to be backed 1:1 by high-quality liquid reserves, redeemable within two business days. It also introduced tiered capital charges and operational risk capital requirements to ensure stability. A separate proposal allows banks to establish stablecoin subsidiaries.
Read MoreOpenAI is reportedly preparing to preview its cybersecurity-specific AI model, GPT-6 Cyber, in the coming days. The company will also release a new product to help clients deploy the model more securely and automatically.
Read MoreCME FedWatch data shows a 67.5% chance of a 25-bps hike in October. Expectations for December are even more hawkish, with over a 56% probability of a cumulative 50-bps increase, signaling sustained monetary tightening ahead.
Read MoreIran's President stated that ending the regional conflict by year-end depends entirely on US willingness to negotiate within international law. He emphasized that timing relative to US elections is irrelevant if Washington lacks genuine commitment, placing responsibility squarely on American decision-making.
Read MoreThe U.S. Treasury's recent buyback of long-term bonds saw over $10 billion in offers but settled at $4.08 billion, well below its $6 billion cap. This highlights robust market demand and sheds light on the Treasury's liquidity management approach amid current market conditions.
Read MoreGoldman Sachs earned over $200 million in fees from AI hedge fund 'Situational Awareness', which rapidly grew to $20 billion using leverage. Market volatility later triggered major losses, forcing a strategy shift away from borrowed capital.
Read MoreJeff Bezos has invested $30 billion in Blue Origin since its founding. The company is now valued at $140 billion in its first external funding round. With the New Glenn rocket as a key project, it aims for over $30 billion in revenue by 2030, directly challenging SpaceX's dominance.
Read MoreYemeni armed forces have launched missile and drone strikes on Saudi Arabia's capital Riyadh and key oil facilities in Yanbu, retaliating against what they describe as over 1,000 recent Saudi airstrikes. The spokesperson condemned civilian casualties and vowed to continue "responding to escalation with escalation" until Saudi operations cease and the blockade is lifted.
Read MoreThe yield on the 10-year U.S. Treasury note has surged past 5.2%, reaching its highest level since 2007. This dramatic rise signals strong market expectations for prolonged high interest rates and deep concerns about persistent inflation and fiscal deficits. It is fundamentally reshaping global asset valuations and increasing pressure across financial markets.
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