Odaily reports, according to Gate data, the US dollar against the Japanese yen (USDJPY) fell to 157.0, currently at 156.888, down 0.3% from the previous trading session's close.
Odaily News: In today's community livestream, Bitget CEO Gracy responded to the recent security incident and the platform's financial condition. She candidly stated that this was the first security incident Bitget has encountered in its 8 years of operation. After a complete traceback, it was determined that hackers exploited a vulnerability in a third-party security product to steal internal network access credentials, forged withdrawal commands to the wallet system, and deceived the wallet into executing abnormal transfers that bypassed risk checks. Gracy emphasized that in this incident, private keys were not leaked and cold wallets were not affected. Specific technical details will be disclosed in detail in the official security report to be released.
Gracy pointed out that the verified losses from this incident fall within the coverage of the protection fund, and user funds remain safe. The platform's own funds exceed $1.4 billion, including approximately $464 million in the user protection fund. The platform will continue to honor the security commitment made when the protection fund was established in 2022, and plans to replenish the fund to the $300 million baseline within a week.
"The protection fund is not just a slogan, but an important mechanism that provides tangible protection for users when extreme security incidents occur." Gracy stated that in the face of sudden security challenges, the platform's comprehensive strength and its ability to proactively take responsibility are important standards for measuring its risk response capabilities and long-term credibility. Bitget will continue to uphold its long-term commitment to prioritizing user interests.
Odaily News: Stablecoin payment company RedotPay has completed a financial audit as part of its preparations for an initial public offering (IPO). A U.S. listing requires the submission of audited financial statements.
A RedotPay spokesperson stated that the company's IPO plans have not been delayed, and that previous claims suggesting legal and regulatory issues could push the listing to 2027 or later are inconsistent with this. A person familiar with the matter said the company is targeting a valuation of over $5 billion. (CoinDesk)
According to Lookonchain monitoring, a newly created address withdrew 10,390 QNT from Coinbase, worth $2.87 million.
Odaily reports, according to Lookonchain monitoring, the Bitget hacker (0xf7bC...96C3) swapped ETH for BTC via THORChain, having stolen $351.6 million.
Odaily News — Precious metals prices continued to decline on Monday, with spot gold falling nearly 3% intraday and spot silver plunging 5%, as rising oil prices exacerbated inflation concerns and reinforced market expectations for further Federal Reserve rate hikes. Tim Waterer, Chief Market Analyst at KCM Trade, said: "The combination of high bond yields and elevated oil prices continues to weigh on gold. With uncertainty surrounding the oil supply outlook, crude prices have risen, bringing inflation back into the spotlight for investors."
Investors this week will be watching a series of U.S. employment and inflation data, including job openings, the ADP employment report, the PCE inflation report, and the nonfarm payrolls report. Waterer said: "If inflation or employment data comes in stronger than expected, it could continue to push bond yields higher and further weigh on gold prices." (Jinshi)
According to Gate data, spot silver dropped 5% intraday, now trading at $61.17 per ounce. Spot gold fell nearly 3% intraday, now trading at $4,163.08 per ounce.
Odaily News: According to a U.S. Securities and Exchange Commission (SEC) filing, Circle (NYSE: CRCL) Chief Financial Officer Jeremy Fox-Geen has submitted his resignation and will remain until the end of December 2026 to assist with the transition, with the company having engaged a search firm to find a successor. Fox-Geen joined Circle in May 2021 and led its $1.2 billion initial public offering during his tenure.
On the same day, Circle co-founder P. Sean Neville resigned from the board of directors for personal reasons, reducing the board from eight seats to seven. The filing stated that neither change was due to any disagreement with the company. Under the separation agreement, Fox-Geen will receive $1.05 million in cash compensation, an additional two months of accelerated restricted stock unit vesting, and a 12-month extension of the stock option exercise period.
Odaily reports that Yi Lihua stated in a post that this pullback is consistent with his expectations. More than 20 days ago, he predicted that BTC would face a significant correction after rising to around $86,000, and after the price rose to around $86,000 a few days ago, he continued to expect a pullback. The pullback does not affect the bull market trend. Opportunities exist everywhere in the early stages of a bull market. Beyond the broader market, select high-quality assets will also rise in rotation.
Odaily reports: According to ThorChain monitoring, the network halt was an emergency security mechanism designed to protect the protocol's safety, not a selective freeze targeting specific funds, nor an individual swap targeting any person. During the security incident in May 2026, $10.7 million was stolen from liquidity pools. At the time, the attacker's address was not blacklisted, so transactions could still be conducted on THORChain. THORChain is a permissionless blockchain platform designed with the intention of not performing any censorship. Recently, THORChain has repeatedly been used by hackers as a conduit for money laundering, sparking controversy, but it still refuses to block transactions on the grounds of decentralization and permissionlessness.
Odaily News: BigShort posted on X platform that, after consultation between the community and the team, all remaining SHORT tokens in the airdrop reserve will be burned, with only 500 million retained for future CEX liquidity needs.
Previously, BigShort completed its first round of airdrops, with a total of 56,243 addresses completing claims, distributing a cumulative 6.143 billion tokens.
Odaily News: The South Korean KOSPI index closed down 191.17 points, or 2.7%, at 6,889.75 on Monday, September 28. Samsung Electronics and SK Hynix both fell more than 5%.
Odaily News: CleanSpark announced that its wholly-owned subsidiary CSDC Finance I, LLC has completed a $2.276 billion private placement of senior secured notes with a coupon rate of 7.875%, maturing in 2031. The notes have not been registered under the Securities Act of 1933 and may not be offered or sold within the United States unless registered or pursuant to an applicable exemption from registration.
Odaily News — Recently, Baola, a social Meme trading platform strategically invested by Gate Ventures, has entered the product beta testing phase. Positioned as a social trading platform for the Meme market, Baola explores the integration of social content and Meme trading across areas including trend discovery, market information tracking, community interaction, and trading participation.
According to official introduction, Baola's brand proposition is "Your next Meme is on Baola," aggregating information such as trending calls, KOL activity, on-chain trading data, and community interactions. Users can view callers, token mention counts, market cap at the time of calling, and subsequent peak performance, and discover active market participants through features like KOL rankings and Callout leaderboards, gaining multi-dimensional insights into market trends and participant performance.
In terms of community interaction, Baola supports users in independently publishing calls and market opinions, and continuously following callers of interest through the Follow feature. The platform also combines KOL public calls with on-chain trading activity, providing information on historical calls, recent performance, and buy/sell behavior, further connecting opinion sharing, trend discovery, and trading participation.
Currently, Baola has entered the product beta testing phase and continues to refine the social trading experience in the Meme space. Users can visit the official website (https://bao.la/) for more details.
Odaily News: A whale transferred 1.37 million UNI through an intermediary address to Wintermute's hot wallet. The tokens are worth approximately $12.83 million, possibly for off-exchange position reduction. The whale previously withdrew UNI from Coinbase Prime, transferred out 1.37 million tokens at 11:00, and consolidated them to Wintermute about 5 minutes later.
Odaily News: Coinbase tokenized stocks are now live on the Base deployment of Aave V4. Eligible users in jurisdictions outside the United States can use AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc as collateral to borrow USDC. This V4 instance was deployed by Aave Labs on behalf of the Aave DAO, with risk analysis conducted by LlamaRisk. Chainlink, as Coinbase's official oracle solution, provides price data for the tokenized stocks, including underlying stock prices and issuer multipliers.
