Market news
Stocks and crypto headlines from Alpaca. Stored for 7 days. Total: 3770.
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Bitwise, Franklin ETF clients acquire $23M in XRP, boosting institutional interestInstitutional investments in XRP ETFs could enhance market confidence, potentially driving price momentum and influencing future valuation forecasts. The post Bitwise, Franklin ETF clients acquire $23M in XRP, boosting institutional interest appeared first on Crypto Briefing .
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EU faces September 30 clock to decide future of DeFi loansIts MiCA review response points to crypto firms’ access routes while any new lending duties remain a future legislative choice. The post EU faces September 30 clock to decide future of DeFi loans appeared first on CryptoSlate .
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Solana’s 150-millisecond settlement upgrade reaches second public test networkAlpenglow is running on both public test networks, giving application teams a place to check their software before the live blockchain switches.
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Kalshi Loses Major Legal Battle as Appeals Court Says Ohio, Tennessee Can Regulate Prediction Markets Under Gambling LawsA federal appeals court ruled Ohio and Tennessee can regulate Kalshi’s sports contracts under state gambling laws.
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XRP Ledger’s Batch upgrade slips to Oct. 9 after validator support resetsThe feature would let users bundle up to eight transactions, including asset-and-payment transfers, but a brief drop below the network’s 80% support threshold restarted its two-week activation clock.
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Bitget Confirms $351.6M Hot Wallet Breach And Pauses WithdrawalsBitget says unauthorized transfers affected approximately $351.6 million held across parts of its hot and warm wallet infrastructure. The exchange says its cold wallets were not affected and its $464 million-plus User Protection Fund covers the loss. Withdrawals have been temporarily suspended while Bitget investigates the breach with law enforcement and security firms. **ID:** N25-10 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:** Bitget **Image Keyword:** Security **Category:** Technology **Tags:** Bitget, Security, Hack, Exchange, Wallets **Primary Source:** https://www.bitget.com/support/articles/ Bitget Says Cold Wallets And Customer Balances Remain Secure According to Bitget’s security notice, the incident was contained to part of its hot and warm wallet layers. Cold wallets were not compromised. The exchange says customer balances remain accurate and that the entire estimated loss falls within its User Protection Fund, which currently holds more than $464 million. Withdrawals have been temporarily suspended while the security review continues. Deposits and trading remain available. Bitget says it has identified and flagged abnormal transfer addresses and has contacted law enforcement and onchain security firms. The company has promised a full incident report, including root-cause analysis, within 24 hours. Until that report arrives, Bitget is deliberately not speculating publicly about how the attackers gained access. The Size Of The Protection Fund Is About To Be Tested Exchange protection funds sound reassuring when markets are calm. A major exploit is when they become meaningful. Bitget’s stated $464 million-plus fund is larger than the current $351.6 million estimate, which means the company says it can absorb the incident without passing losses to customers. That does not remove the operational problem. Withdrawals being paused means users temporarily cannot move assets off the platform, and the final loss figure or attack scope could change as the investigation develops. The breach also reinforces the distinction between exchange custody and self-custody. Assets held in an exchange hot wallet depend on the exchange’s security systems, operational controls and balance sheet. Bitget says its separate self-custodial Bitget Wallet infrastructure was not involved. For now, the key questions are straightforward: how the attacker gained access, whether all affected wallets have been contained and when withdrawals can safely resume. A $351.6 million loss is large enough that the promised root-cause report will matter far beyond Bitget’s own users. *This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/author/rae-samuel/).*
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Scott Bessent Isn't Becoming Trump's 'Super Intelligence Czar' — Here's WhyTrump rules out Treasury Secretary Scott Bessent for the new AI czar role, dismissing reports that he was under consideration.
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Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled walletThe Bitget hack highlights vulnerabilities in crypto exchanges, prompting urgent calls for enhanced security measures and international cooperation. The post Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled wallet appeared first on Crypto Briefing .
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Bitcoin could soon get Zcash-style 'shielded' privacy without changing its rulesResearchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.
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Bitcoin could soon get Zcash-style 'shielded' privacy without changing its rulesResearchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.
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AI Agents Opt for Ripple USD Not XRP, While BlackRock Makes Stunning New PredictionXRP Ledger metrics reveal AI agents choose RLUSD over XRP as BlackRock forecasts massive stablecoin demand from machines.
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White House assures no US diesel export ban, says Ted CruzThe assurance against a diesel export ban suggests a focus on alternative strategies to boost domestic supply, impacting market expectations. The post White House assures no US diesel export ban, says Ted Cruz appeared first on Crypto Briefing .
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Paxos Labs Launches Gold Token That Can Earn A Return In GoldPaxos Labs has launched PAXGy, a token backed by PAXG that can increase in value relative to gold over time. The underlying reserves are deployed to vetted institutional borrowers through the gold-leasing market. PAXGy is live across platforms including OKX, X Layer, Uniswap, 0x and Ether.Fi, but the return is not guaranteed. **ID:** N25-09 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:** Paxos **Image Keyword:** Gold **Category:** Altcoins **Tags:** Paxos, PAXG, PAXGy, Gold, Tokenization **Primary Source:** https://www.paxos.com/blog The Token Balance Stays The Same While Its Gold Value Can Grow PAXGy is backed by PAXG. Each PAXG represents physical gold held in institutional custody, with the underlying reserves subject to regular attestation. PAXGy adds another layer. Paxos Labs says holders can deposit PAXG or swap supported stablecoins for PAXGy. The reserves backing PAXGy can then be lent to vetted institutional borrowers in the bullion market. When those strategies generate a return, that value accrues through the PAXGy exchange rate. The holder’s number of tokens does not have to increase. Instead, each PAXGy can become redeemable for more PAXG over time. That is a very different model from simply holding tokenized bullion. Yield Also Introduces Risk That Plain Gold Does Not Have There is no free yield here. Paxos Labs explicitly warns that deploying gold into external strategies introduces credit, liquidity and market risks. If borrowers default or the underlying strategies suffer losses, the PAXGy exchange rate can move downward. Growth is not guaranteed. That distinction matters because PAXG and PAXGy may sound almost identical while representing different risk profiles. PAXG is designed around direct exposure to physical gold. PAXGy adds a yield-generating strategy on top of that exposure. The token is launching with support from OKX, X Layer, 0x, Uniswap, Ether.Fi and Chainlink. Paxos Labs says tokenized gold has now grown beyond $5 billion in total value, while trading volume during the first quarter of 2026 exceeded the whole of 2025. PAXGy is an attempt to make that market more financially productive. Instead of tokenizing gold simply so it can move onchain, the product tries to connect it to a centuries-old lending market as well. It is another example of tokenization starting to recreate financial functions around an asset, not merely digitize ownership of it. *This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/author/rae-samuel/).*
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Trump Warns Xi Against Helping Iran in War, China Assures US it Will Stop Support — But Tehran Says Beijing Promised the OppositeTrump pressed Xi to end China’s support for Iran, but Tehran says Beijing privately pledged to maintain its ties.
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Shiba Inu (SHIB) +351% in 8 Hours: Market Volatility Goes Even HigherShiba Inu is gaining more volatility as futures market receives fresh inflows.
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Trump Rejects Iran’s 7-Day Ceasefire Offer, Tells Aides Bombing Could Resume After Midterms: ReportPresident Donald Trump has discarded Tehran's offer for a ceasefire and expects to restart attacks on Iran after the midterms.
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TikTok to Pay $100 Million to Alabama to Settle Child Safety Claims in First-Ever State Deal (UPDATED)TikTok and ByteDance agree to pay Alabama up to $300 million over allegations involving child safety and consumer protection.
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Swiss bank shields Bitget institutions while retail funds freezeSygnum offers bank-held trading collateral to institutional clients, while Bitget's withdrawal pause leaves ordinary balances dependent on its own controls and fund. The post Swiss bank shields Bitget institutions while retail funds freeze appeared first on CryptoSlate .
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HIFI Raises $37M To Build Stablecoin And Tokenized Market InfrastructureHIFI has raised a $37 million Series A led by Left Lane Capital. The company says the funding will expand stablecoin payments, cards and infrastructure for tokenized capital markets. HIFI says its platform currently processes more than $7 billion in annualized volume across 87 countries. **ID:** N25-08 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:** HIFI **Image Keyword:** Payments **Category:** Technology **Tags:** HIFI, Stablecoins, Tokenization, Payments, Funding **Primary Source:** https://www.hifibridge.com/blog HIFI Wants To Connect Bank Money, Stablecoins And Tokenized Assets HIFI provides APIs designed to connect traditional bank rails with stablecoin settlement. The company says its infrastructure currently processes more than $7 billion in annualized volume across 87 countries. That business started largely around moving money. The next stage is broader. HIFI says the Series A will help expand card products, stablecoin payments and infrastructure used around tokenized securities and capital-market transactions. The company participated in DTCC’s July production trades involving DTC-tokenized assets alongside firms including BlackRock, Goldman Sachs and Nasdaq. It has also partnered with Visa on stablecoin-funded payouts that can reach billions of Visa cards. Those integrations give HIFI a position between the blockchain layer and the financial institutions that ultimately need cash settlement, compliance and distribution. Tokenized Markets Still Need A Cash Side Much of the attention around tokenization goes to the asset. A Treasury security, stock or fund share gets represented onchain and suddenly the transaction looks modern. But every trade still has another side. Someone needs to deliver the money. That is where stablecoin infrastructure becomes particularly interesting. Tokenized capital markets work far better if the cash leg can move with the same speed and programmability as the security being traded. HIFI is betting that the infrastructure connecting those two sides can become a substantial financial-services business. The $37 million round does not come with a disclosed valuation. It does provide the company with more capital to build into a market where traditional payments, stablecoins and securities settlement are increasingly converging. Stablecoins used to be mostly a way for crypto traders to hold dollars between trades. Companies like HIFI are betting the bigger opportunity is making them part of the infrastructure underneath everything else. *This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/author/rae-samuel/).*
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C3.ai CEO Thomas Siebel sells 444,000 shares for $4.8M as stock slides 40% from highsThe CEO's stock sale amid a price drop may signal caution, impacting investor confidence and highlighting volatility in AI markets. The post C3.ai CEO Thomas Siebel sells 444,000 shares for $4.8M as stock slides 40% from highs appeared first on Crypto Briefing .