Morning Edition · Friday, September 25, 2026
Crypto
Bitget Says Attackers Spoofed Transfer Data in Backend System to Take $351.6 Million
Chief executive Gracy Chen says the signing process approved forged instructions rather than leaking private keys, and the loss would consume about 76% of the exchange's $464 million protection fund.
Crypto
Aztec Discloses Critical Proving-System Flaw in Its Live Alpha V5 Privacy Network
Contributors found through internal AI-assisted auditing that an attacker could build a proof that verifies for a transaction the network should reject, with the fix deferred to V6.
Crypto
KelpDAO Sues LayerZero and Its Co-Founder Over the $292 Million rsETH Bridge Exploit
The suit alleges LayerZero reviewed and endorsed the single-verifier configuration that attackers abused, then blamed Kelp publicly. Bryan Pellegrino calls the claims meritless.
Crypto
Ethereum Researchers Publish a Map of the Client Trust Base and Two Network-Layer Fixes
One post argues formal verification is the defensive advantage as AI-assisted attacks scale. Others cut gossip bandwidth by up to 40% and propose scoring peers instead of dropping them at random.
Crypto
Payy's Ethereum Bridge Was Drained of Its Full Balance, Freezing a Crypto Card Product
An attacker called the bridge's verifyRollup function, moved 1,832,149 USDC out and routed the proceeds through Railgun, while a security researcher swept 3,832 non-fungible tokens (NFTs) to safety over a suspected Magic Eden flaw.
Crypto
MultiversX Restarts Its Mainnet After a Five-Day Halt, but Kraken Keeps EGLD Locked
A virtual-machine atomicity defect let an attacker create invalid state changes, and validators stopped producing blocks until a fix was tested on a shadow fork.
Crypto
SEC Commissioner Hester Peirce Urges Regulators to Collect Less Data and Use Zero-Knowledge Proofs
In one of her final speeches as commissioner, Peirce proposed attribute-based verification in place of bulk personal-data collection, days after a phishing operator was sentenced to 12 years for stealing $16 million from Coinbase customers.
Crypto
Ethena Extends USDe's Backing Into Tokenized US Stocks and Binance Equity Perpetuals
Founder Guy Young calls it the largest change to the synthetic dollar's funding mechanism since launch, with the equity basis averaging 3.56% annualized over six months.
Crypto
New York Sues Polymarket, Calling Its Prediction Contracts Unlicensed Gambling
Attorney General Letitia James and Governor Kathy Hochul want the platform barred from operating in the state without a gambling license and its alleged gains recovered.
Crypto
Miden Launches a Private-Finance Stack and a Wallet That Proves Transactions on the User's Device
Bread creates private accounts by default and publishes only a 32-byte commitment to the chain, as privacy projects reposition confidentiality as institutional infrastructure.
Crypto
A Solana Oracle Shuts Down With Six Days' Notice, Forcing Lending Protocols to Reroute Price Feeds
Switchboard's wind-down ended support on September 25, pushing Kamino, Drift, MarginFi and Jito toward Pyth or RedStone, while analysts flag circular trading inside Solana's reported decentralized exchange (DEX) volume.
Crypto
Bitcoin Holds Near $84,000 as Bond Volatility Rises and ETF Flows Turn Positive for the Year
US spot bitcoin funds have erased a $5.8 billion outflow deficit to reach about $800 million of net inflows, while roughly $14 billion of options expired on Deribit.