News linked to this event type.
Odaily News: Fintech company MoonPay has signed a definitive merger agreement to acquire North Capital Investment Technology, a private markets technology and regulated brokerage services platform. The transaction is an all-stock deal reportedly valued at over $60 million, and upon completion, North Capital will become a wholly-owned subsidiary of MoonPay.The deal will integrate North Capital's securities brokerage, investment advisory, and clearing capabilities into MoonPay's global infrastructure. North Capital owns multiple entities registered with the U.S. Securities and Exchange Commission (SEC), including a broker-dealer, an alternative trading system PPEX ATS, a transfer agent, and an investment advisor.North Capital provides technology, custody, custodial accounts, and secondary trading services for private securities issuers, fund managers, and institutional investors. The platform has facilitated over $8.7 billion in cumulative primary and secondary trading volume; PPEX supports secondary trading for over 1,250 approved assets. The transaction has been unanimously approved by both companies' boards of directors and remains subject to customary closing conditions and regulatory approvals. (Bitcoin.com News)
Xie Jiayin stated that Bitget has sufficient user protection funds to cover the related losses, and withdrawals will be resumed immediately once all potential security risks are resolved, with the results to be published upon completion of the investigation.
Gracy Chen 称，目前确认相关损失已经完成，平台不存在进一步资金流失风险，黑客具体入侵手法仍在技术核查中，完整报告将在调查结束后发布。
Odaily News: The Hyperliquid Policy Center and wallet developer Phantom have submitted a comment letter to the U.S. Commodity Futures Trading Commission (CFTC), arguing that developing on-chain infrastructure protocols and code is not equivalent to providing regulated financial services, and that protocol developers should not be regarded as financial intermediaries.The comment letter states that self-custodial, code-based on-chain markets require a modern regulatory framework, and recommends providing regulatory clarity, promoting the reshoring of innovation to the United States under CFTC oversight, and preserving users' ability to self-custody their assets.
Odaily News: The Central Bank of Brazil has issued Resolutions No. 588 and No. 589, requiring virtual asset service providers (VASPs) to report inbound and outbound transactions involving self-custodial wallets valued at or above $10,000, while strengthening anti-money laundering and counter-terrorism financing oversight.Resolution No. 588 stipulates that relevant transaction data will be submitted to the Financial Activities Control Council (COAF). The agency may use this information to organize transactions and establish a database of self-custodial addresses, recording the asset holdings of Brazilian users who hold crypto assets through authorized centralized exchanges.Resolution No. 589 prohibits conducting business with virtual asset service organizations or entities operating in Brazil without authorization. The new regulations will take effect on October 1, 2026. Currently, only 5 VASPs have applied for licenses to operate in Brazil. (Bitcoin.com News)
On September 24, the U.S. Federal Reserve proposed new rules allowing member banks to hold deposits and provide custodial services for stablecoin issuers under certain conditions, to implement the GENIUS Act.
Odaily news: Bitget spokesperson Xie Jiayin stated on X that the platform's security system detected abnormal transfers from some hot wallets at 2:31 a.m., and immediately activated its emergency response mechanism.According to Bitget's disclosure, the initial assessment indicates that the incident involves approximately $351.6 million. The platform said that cold wallets and the vast majority of assets were unaffected, user funds are safe, and the related losses are fully covered by the Bitget User Protection Fund, which currently exceeds $464 million.Bitget stated that within minutes of the incident, it activated an emergency response team and flagged and reported the addresses involved in the abnormal transfers. At the same time, for the sake of fund security, the platform has temporarily suspended withdrawals, which will be restored in an orderly manner after the security review is completed. Deposits and trading functions are currently still operating normally.The platform also said it has notified law enforcement agencies and on-chain security firms to intervene in the investigation.
Bitget exchange has responded to allegations of a $178 million security breach and withdrawal, stating that these rumors are unsubstantiated. The platform said it is cooperating with law enforcement agencies in the investigation and confirmed that user cold wallet funds remain secure.
The U.S. Commodity Futures Trading Commission (CFTC) has updated its crypto regulatory guidance, explicitly authorizing companies to invest client funds in a tokenized format, provided there is parity in rights. This move comes amid a failed Senate CLARITY Act vote, aiming to fill regulatory gaps and provide market clarity.
Odaily News: The U.S. Federal Reserve plans to establish rules for payment stablecoins issued by banks, requiring that every $1 of tokens be backed by at least $1 in approved reserve assets, with customer redemptions typically completed within two business days. If an issuer persistently falls below minimum capital requirements, it may be required to liquidate reserve assets and redeem all tokens.Reserve assets may include U.S. dollars, Federal Reserve bank balances, certain bank deposits, U.S. Treasury securities with remaining maturities of no more than 93 days, eligible repurchase agreements, and qualifying investment funds, and tokenized forms of certain assets may also be included. If reserves are insufficient, the issuer must notify the Federal Reserve and restore full backing, or otherwise liquidate reserves and redeem the dollar-pegged tokens.The Federal Reserve plans to require issuers to hold standardized capital against operational and certain credit risks, with a capital charge of 2% on the first $20 billion of issued stablecoin scale and 1% on amounts exceeding $50 billion. Another proposal would allow insured depository state member banks to apply to establish subsidiaries that issue payment stablecoins, and the GENIUS Act provides that after an application is substantially complete, the Federal Reserve must make a decision within 120 days.Federal Reserve Governor Michael Barr said stablecoins should be reliably and promptly redeemable at par under a variety of market conditions and when issuers run into problems, and he called for the final rules to clarify a universal redemption right. He also expressed concern about the threshold requiring anti-money laundering deficiencies to reach a "material or systemic" level before triggering supervisory or enforcement action. The public comment period is 60 days after publication in the Federal Register. (Bitcoin.com News)
The US CFTC issued new guidance allowing regulated companies to invest in tokenized products that are functionally equivalent to traditional assets, and officially confirmed that blockchain technology can be used for compliant record-keeping.
Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has clarified that commodity firms will not face penalties for allocating investor funds to tokenized assets.The CFTC also noted that the existing regulatory framework allows institutions to use blockchain technology to maintain official records. (CoinDesk)
Privacy stablecoin payment network Payy Network has confirmed that its cross-chain contract on Ethereum was hacked, resulting in the theft of its entire balance. The investigation is ongoing, and all Payy Network transactions have been suspended, including deposits, withdrawals, transfers, and card transactions. Payy has notified law enforcement authorities and is collaborating with multiple incident response organizations. Previously reported, according to monitoring by Specter Investigation, Payy Network was suspected to have been hacked, with approximately 1.8 million USDC transferred out.
Qivalis 过去一年签约 37 家欧洲银行，员工增至 40 人；CEO 表示贸易融资正全面转向稳定币结算，公司预计年底前推出受监管欧元稳定币。
Odaily News: Over the past five months, the market cap of the privacy coin sector grew from $11.97 billion to $36.51 billion, an increase of $24.54 billion, or approximately 205%. Among them, Zcash (ZEC) market cap increased by $20.27 billion, while Monero (XMR) increased by $4.33 billion.In January, the U.S. Securities and Exchange Commission (SEC) concluded its investigation into the Zcash Foundation without recommending enforcement action. On August 25, digital asset management company Grayscale converted Zcash Trust into the ZCSH spot ETF and listed it on NYSE Arca, making it the first listed privacy coin spot ETF in the United States.On September 8, Digital Currency Group (DCG) exchanged ZEC for approximately $100 million worth of ZCSH ETF shares. During the same period, the price of ZEC rose from $319 to $1,507, while XMR rose from $330 to $555. (Bitcoin.com News)
Odaily News: Zach Pandl, Head of Research at Grayscale, noted in a post that the US Securities and Exchange Commission's (SEC) recently issued "Innovation Exemption" order is expected to fundamentally transform the landscape in which tokenized US stocks have primarily relied on offshore "wrapped derivative" trading, and to drive real tokenized stocks with full shareholder voting rights and dividend rights into the US regulated financial system. The exemption order has a duration of 5 years and specifically relaxes two core registration requirements: qualified tokenized trading venues would not need to register as traditional securities exchanges; and qualified liquidity providers would not need to register as broker-dealers.Grayscale believes this marks that on-chain trading infrastructure is proving fully compatible with regulatory compliance and investor protection, and is expected to drive Congress to advance a broader bipartisan legislative process in the future.
Odaily reports: Blockchain analytics firm Elliptic has launched an AI product called Pulse, which allows frontline law enforcement officers to input a wallet address or transaction hash and receive a plain-language summary of fund flows within seconds, without requiring any blockchain expertise.For further investigation, law enforcement officers can, with a single click, transfer the results — including analytical reasoning and on-scene case number records — into Elliptic's screening and forensic tracing tools, or integrate them into their own agency workflows. Elliptic states that the final judgment remains with law enforcement officers. (Decrypt)
据 CoinDesk 报道，Cathie Wood 旗下资产管理公司 ARK Invest 宣布与代币化平台 Securitize 合作，将旗下 ARK Venture Fund（ARKVX）进行代币化，基金持仓涵盖 OpenAI、Anthropic、Stripe 及 Databricks 等头部私人科技公司。代币化利息将首先在以太坊上发行，后续可能扩展至其他链。 Securitize 将负责链上发行及投资者体验，并计划提供每日净资产值及链上二级市场交易功能。值得注意的是，代币化并不将底层资产直接上链，投资者持有的是基金权益的链上凭证。ARK 此前已对 Securitize 进行战略投资，双方将持续合作推动更多合规投资产品上链。
According to CoinDesk, the European Securities and Markets Authority (ESMA) announced it will designate artificial intelligence (AI) and tokenization technologies as new regulatory priorities beginning in 2027, focusing on their use in the core client-facing operations of regulated entities rather than confining scrutiny to back-office functions. Titled "Innovation and Investor Protection," the initiative aims to strengthen regulators' technological oversight capacity and ensure firms have robust governance frameworks and client safeguarding measures. Meanwhile, the European Central Bank (ECB) announced plans this week to allocate a portion of its reserves to tokenized securities and to launch a new wholesale platform, Pontes, linking distributed ledger technology (DLT) market infrastructure with traditional payment systems. The EU is now transitioning from the rule-making stage of the Markets in Crypto-Assets Regulation (MiCA) framework toward substantive reviews of tokenized finance and the wider application of AI across the securities sector.
Odaily News: Oracle (ORCL.N) is attempting to avoid the massive costs associated with a large data center project in New Mexico, which undoubtedly adds new uncertainties to a project already plagued by opposition and regulatory obstacles. According to people familiar with the matter, Oracle has sent a notice to a subsidiary of Blue Owl Capital, the project's developer, invoking the force majeure clause.The sources said Oracle is not seeking to exit the project as the primary tenant, but rather wants to defer payments in the event that the "Project Jupiter" data center project experiences delays and fails to come online as planned in 2028. (Bloomberg)