Does THORChain Face A Criminal Reckoning Over Stolen Bitget Funds?

After Bitget got hacked on Sept. 24, $387.5 million of stolen funds quickly began moving across chains, with some headed to decentralized cross chain swaps platform THORChain. Chief executive Gracy Chen publicly appealed to the platform to refuse service to attacker-linked addresses. “The industry i

Furious Debate About THORChain vs NEAR Shows Idealism Has Limits

ThorChain under fire because it won’t blacklist stolen Bitget funds Stop me if you’ve heard this before: A centralized exchange with lax security gets hacked by the North Koreans for $387.5 million, and then somehow shifts the blame game onto a decentralized exchange for not blacklisting the address

THORChain Under Fire Over Bitget, ETH Evolves Beyond Blockchain: Hodler’s Digest

The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively censor transactions.

NEAR Intents says it blocked $50M tied to Bitget hackers

CoinDesk found 27 successful swaps moving about 2,390 ETH into 75.2 BTC, even as Bitget urged THORChain to stop serving addresses tied to the $387.5 million theft.

THORChain rejects Bitget request to block hacker as $6 million moves to bitcoin

The FBI has attributed the $6.3 billion Binance breach to North Korea’s TraderTraitor hacking group and urged DeFi services, exchanges, node operators and blockchain analytics firms to block transactions linked to hundreds of identified addresses. Chainalysis warned that the attackers have already used thousands of addresses and may expand the laundering network through bridges, instant exchanges and token-swapping services.

The FBI has attributed the $6.3 billion Binance breach to North Korea’s TraderTraitor hacking group and urged DeFi services, exchanges, node operators and blockchain analytics firms to block transacti

FBI links North Korea to $6.3B Binance hack and urges DeFi address blocks

BTCPay Server, a free, open-source tool businesses use to accept bitcoin payments, urged its users on Sunday to switch off their servers.

The alert came after the project received reports that attackers were draining “hot wallets” on some of those servers.

As open-source software, BTCPay Server allows anyone to deploy and run the system on their own servers, the computers that keep the software running around the clock.

Because there are no middleman or third-party custodians, businesses receive bitcoin payments directly into their own wallets, and BTCPay lets them run these as hot wallets, which stay connected to the internet.

However, this ease of transacting comes with two risks.

The first is the hot wallet. Each one lives on an individual merchant’s own server. What makes it hot is that the seed phrase, the secret needed to send coins, is stored on that server, which is connected to the internet. This wallet can also accept payments without needing the seed.

BTCPay’s documentation says BTCPay Server will then “automatically use the seed stored on a server to sign” and approve a payment.

BTCPay Server, a free, open-source tool businesses use to accept bitcoin payments, urged its users on Sunday to switch off their servers. The alert came after the project received reports that attacke

BTCPay urges server shutdown after reports of drained Bitcoin wallets

The U.S. Commodity Futures Trading Commission said perpetual futures tied to individual equities can begin trading for the first time on CFTC-registered exchanges. The contracts will be treated as security futures under joint CFTC and SEC oversight, bringing a product long associated with offshore crypto venues into the regulated U.S. market.

The U.S. Commodity Futures Trading Commission said perpetual futures tied to individual equities can begin trading for the first time on CFTC-registered exchanges. The contracts will be treated as sec

CFTC clears first U.S.-regulated perpetual futures on individual stocks

The SEC’s Division of Corporation Finance said Canton Coin is a “digital commodity” based on representations that its value is tied to the Canton Network’s programmatic operation and that the network has no central party. The staff will not recommend enforcement over programmatic minting without registration under the Securities Act or Exchange Act, while stressing that the response is fact-specific and is not a legal conclusion.

The SEC’s Division of Corporation Finance said Canton Coin is a “digital commodity” based on representations that its value is tied to the Canton Network’s programmatic operation and that the network 

SEC gives Canton Coin no-action relief as a digital commodity

The SEC’s Division of Corporation Finance added guidance clarifying that unaffiliated token holders participating in open governance are not automatically treated as a central party. The staff also distinguished permissioned from permissionless systems and explained how decentralized governance can coexist with legal entities such as DUNAs, although the FAQ has no legal force.

The SEC’s Division of Corporation Finance added guidance clarifying that unaffiliated token holders participating in open governance are not automatically treated as a central party. The staff also di

SEC clarifies how decentralized governance affects crypto securities analysis

Aave Labs and co-authors submitted a legal framework to the SEC’s Crypto Task Force and Division of Corporation Finance arguing that well-designed decentralized lending protocols and non-custodial vaults should not be treated as securities under the Howey and Reves tests. The proposal emphasizes user control, transparent governance and the absence of a centralized party financing an enterprise.

Aave Labs and co-authors submitted a legal framework to the SEC’s Crypto Task Force and Division of Corporation Finance arguing that well-designed decentralized lending protocols and non-custodial vau

Aave submits DeFi lending and vault framework to SEC crypto task force

U.S. spot bitcoin ETFs recorded $643.3 million in net outflows on Friday, their largest single-day withdrawal since June. The move erased nearly two-thirds of 2026’s net inflows as investors reacted to the Binance hack and awaited the U.S. midterm elections and jobs report.

U.S. spot bitcoin ETFs recorded $643.3 million in net outflows on Friday, their largest single-day withdrawal since June. The move erased nearly two-thirds of 2026’s net inflows as investors reacted t

Bitcoin ETFs lose $643 million as institutional demand weakens

NYSE added Broadridge, Computershare, Equiniti and Superstate to the transfer-agent network supporting its planned tokenized securities venue. The partners collectively serve nearly 5,000 listed companies, including about 99% of the S&P 500, while the proposed platform aims to offer 24/7 trading, instant settlement and stablecoin-based funding, subject to regulatory approval.

NYSE added Broadridge, Computershare, Equiniti and Superstate to the transfer-agent network supporting its planned tokenized securities venue. The partners collectively serve nearly 5,000 listed compa

NYSE adds major transfer agents to its planned tokenized securities venue

Intercontinental Exchange and TradeXYZ have agreed to seek regulatory approval for a dedicated U.S. market offering round-the-clock perpetual futures built on Hyperliquid infrastructure. ICE will operate the regulated markets and clearing structure, while the planned products could cover crypto, equities, commodities and foreign exchange for KYC-compliant retail traders.

Intercontinental Exchange and TradeXYZ have agreed to seek regulatory approval for a dedicated U.S. market offering round-the-clock perpetual futures built on Hyperliquid infrastructure. ICE will oper

Does THORChain Face A Criminal Reckoning Over Stolen Bitget Funds?

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