News linked to both this project and an event.
according to on-chain analyst Ai Yi's monitoring, an address bought 1,470.94 ETH at $2,582 three hours ago, spending 3.803 million USDC.
Odaily reports: Crypto wallet provider Tangem has announced the launch of its first physical Visa card, supporting in-store and online purchases as well as ATM withdrawals, with an initial limited release of 5,000 cards. Users can top up the card directly from their self-custodial wallet, and if the card is suspended or closed, funds can be transferred back to the wallet.More than 40% of Tangem Pay payments come from Latin America, and over 30% from the United States. Tangem stated that the physical card currently cannot be shipped to approximately 20 countries and regions, including China, Russia, North Korea, and Palestine, with these restrictions affected by KYC, sanctions, banking rules, and card issuance compliance requirements.Tangem Pay will also offer USDC cashback on eligible purchases, with 1% cashback for Basic users and 2% for Plus users. Tangem plans to showcase the first batch of physical cards during Token2049 in Singapore. (Cointelegraph)
According to Decrypt, Ledger announced at the TOKEN2049 conference in Singapore the launch of its self-custody lending feature, "Crypto Loan". Eligible users can borrow stablecoins USDC or USDT through their wallet application by using wrapped Bitcoin (cbBTC or wBTC) as collateral, without transferring funds to centralized lending platforms or selling the underlying assets.
cryptocurrency exchange OKX has announced the launch of OKX Money, a stablecoin savings and payment app, now available in parts of Latin America, Africa, South Asia, and the Middle East, offering up to 10% annualized yield on eligible USDG balances.Users can fund their accounts with over 50 supported currencies, with funds converted into USD-backed stablecoins, and can hold, send, and spend USDG, USDC, or USDT. The app supports both virtual and physical cards, and eligible USDG balances can earn yield without staking or lock-up requirements.OKX stated that the app will roll out gradually in accordance with regional requirements, with specific legal entities and regulatory frameworks varying by jurisdiction, and the initial launch markets have not yet been disclosed. Yields and eligibility conditions vary by region and user, and users can unlock higher yield tiers by meeting a 30-day average deposit threshold, reaching a 30-day spending amount, or upgrading their exchange VIP level. (Cointelegraph)
Odaily News: On-chain detective ZachXBT posted on X that he once posed as a client to infiltrate a criminal group suspected of laundering money for the North Korea-backed hacker organization Lazarus Group, and assisted in freezing funds related to the 2025 Bybit attack.ZachXBT stated that after Bybit suffered a $1.5 billion attack in February 2025, he discovered that more than 15 accounts in public Telegram and Discord groups were seeking help processing transactions related to the stolen funds. He subsequently contacted one of the Telegram users using the alias "Jimmy Green" and built trust through multiple transactions. According to his disclosure, on March 6, 2025, he transferred $3.497 million in USDC to an Ethereum address for a USDC-to-TRON-chain USDT exchange transaction with the counterparty. The source of gas funds for that address can be traced back to the Bybit attack funds and was publicly flagged as a Bybit attack blacklisted address.ZachXBT said that in subsequent communications, the counterparty revealed that their team had been involved in processing the stolen Bybit funds and disclosed in advance that the funds would be moved across chains including Solana. By matching transaction timing, amounts, and on-chain data, he identified a wallet cluster involving more than $12 million in Bybit attack funds, with fund paths spanning multiple networks including BTC→ETH→SOL→TRON. Approximately 442,000 USDT was frozen by Tether, and the group also attempted to launder money through Uniswap liquidity pools and low-liquidity tokens. Additionally, the counterparty disclosed having helped other clients process approximately $3 million in fraudulent proceeds, and ZachXBT traced the related funds to wallets associated with the sanctioned Huione Guarantee.ZachXBT revealed that in this investigation, he initially invested $3.497 million and bore a loss risk of approximately 5% per transaction. The intelligence ultimately obtained was provided to relevant investigative agencies and law enforcement authorities at the earliest opportunity. Since 2022, he has assisted in freezing over $75 million in funds related to North Korea-linked incidents.
Odaily News: HL HUB (Community) posted on X that Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3). Approximately $14.5 million in passive yield generated from USDC reserves will flow into the Assistance Fund for HYPE buybacks.It is reported that under AQAv2's revenue-sharing mechanism, Hyperliquid stablecoin deployers are required to allocate 90% of stablecoin reserve yield to the Hyperliquid protocol, and 100% of these proceeds will be used for buying back and burning HYPE tokens. Stablecoin reserve yield sharing is accumulated and settled on a 30-day cycle, with proceeds automatically transferred to the Assistance Fund on the 8th day after the cycle ends. Formal yield accrual began on August 26, so the first yield payment will be made on October 3.
On-chain data shows that a whale first deposited 5.97 million USDC into Kraken, followed by the withdrawal of 39,018 AAVE tokens, worth approximately $6.2 million.
Odaily News — Gracy Chen, CEO of cryptocurrency exchange Bitget, said the company is not optimistic about recovering the $388 million in crypto assets lost in last week's security incident. Citing the Bybit hack in 2025 as a reference, she noted that approximately one year after that incident, only about 3.5% of the stolen funds had been frozen, and that this does not equate to a completed recovery.Bitget has set up a bounty program offering 5% rewards for frozen funds and recovered funds respectively. The NEAR Intents team said it has intercepted over $50 million in assets related to the attack and frozen approximately $500,000. Tether and Circle have blacklisted the relevant wallets, freezing $318,000 worth of USDT and USDC.Gracy Chen stated that preliminary investigations indicate the attack may match VPN addresses used by North Korea-linked groups, but Bitget has not yet fully ruled out the possibility of an insider job. Bitget has resumed withdrawals in phases, starting with Bitcoin transactions on Monday and continuing with ETH transactions on Tuesday. (Cointelegraph)
Odaily reports: Aztec Network developer Aztec Labs has relaunched the self-custodial wallet zk.money. The wallet can conceal payment amounts, balances, and recipient information through Aztec Network, and supports transfers via readable names or links.Users can deposit DAI, USDC, or USDT from Ethereum, with USDC and USDT being converted to DAI. Deposit records remain publicly traceable, while subsequent transaction activity remains private.The early Alpha version limits individual deposits, payments, and withdrawals to under $2,500, and screens addresses in accordance with sanctions policy. The software has not yet undergone a full audit and carries security risks. (CoinDesk)
Odaily News: Franklin Templeton has expanded its off-exchange collateral program to Bybit, allowing users to use their tokenized money market fund shares as collateral for crypto trading. These shares represent approximately $686 million in net assets and can be used to borrow USDT or USDC, while the underlying assets continue to generate yield.Users do not need to transfer the underlying assets to Bybit. The regulated custody platform ByCustody will hold the relevant assets off-exchange, with their value mirrored within Bybit's trading environment. Franklin Templeton has previously offered similar services to Binance and OKX users.
According to on-chain analyst Ember (@EmberCN), Pump.fun transferred $8.11 million in fee revenue to Kraken two hours ago, including 47,995 SOL (approximately $5.83 million) and 2.28 million USDC.
Binance has signed a new five-year commercial agreement with Circle and invested $100 million to purchase Circle shares, which will further expand USDC's coverage in emerging markets and global transactions, and exert more pressure on USDT, which has long been dominated by Tether.Data shows that when the two parties first partnered in December 2024, Binance offered 140 USDC-denominated spot trading markets, which has now increased to 329; Binance's monthly USDC trading volume also grew from approximately $20 billion to $40 billion before the partnership to consistently exceeding $80 billion.Anastasia Melachrinos, Head of Research at Kaiko, stated that since 2026, Binance has consistently held the largest share of USDC spot trading activity, with daily trading volumes reaching $5 billion to $10 billion, approximately 10 to 20 times that of most other trading platforms. Analysts also noted that USDT currently has a market capitalization of approximately $140 billion, still significantly higher than USDC's approximately $74 billion, and its trading pairs, local liquidity, and user habits accumulated over years in the global trading and payment markets remain difficult to change in the short term. (CoinDesk)
According to on-chain detective SomaXBT, Circle has frozen 99,989.91 USDC in an address associated with the Bitget hacker, while approximately 218,000 USDT at the same address remains unfrozen. According to prior on-chain tracking, this address shares a multi-hop fund connection with Bitget's initial stolen funds address. The transferred USDC and USDT remained inactive for over 2.5 hours. The community had previously publicly called on Circle and Tether to freeze the relevant assets. Circle has now taken the lead in executing the action, and SomaXBT subsequently urged Tether to follow suit.
on-chain analyst tanuki42 disclosed that address 0xe07 holds 100,000 USDC and 218,000 USDT originating from the initial address of the stolen Bitget funds. These funds had been dormant for over 2.5 hours before the analyst publicly called on Circle and Tether to freeze the assets. At around 5 PM, crypto researcher SomaXBT posted that Circle had frozen the USDC assets and called on Tether to follow suit. As of press time, Tether has yet to respond.
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
according to on-chain analyst Yu Jin's monitoring, the Garrett Jin whale entity (0x92e...50e9) transferred all 147 million USDC from its Hyperliquid address to Binance half an hour ago, and the address has been emptied.
Binance will list Hyperliquid (HYPE) on September 24, 2026 at 19:00 (UTC+8), opening spot trading pairs for HYPE/USDT, HYPE/USDC, and HYPE/TRY. Deposits will open one hour after the announcement is published, with withdrawals expected to go live on September 25 at 19:00. A seed tag will be added to HYPE, spot algorithmic orders will be supported simultaneously, and trading bots and spot copy trading are expected to be enabled within 24 hours after listing.
Odaily News: According to on-chain analyst Yu Jin's monitoring, 5 hours ago, a whale spent 2.28 million USDC on-chain to buy 6.64 million USELESS at a price of $0.34.
According to on-chain analyst Ember monitoring, this whale bought 5,368 ETH with 13 million USDC 5 days ago at an average buy price of $2,422; about half an hour ago, they sold all of it for 14.7 million USDC at an average sell price of $2,739.
According to on-chain analyst Yujin, a whale who transferred 40 million USDC to Binance yesterday has completed an Ethereum (ETH) purchase, acquiring 14,783 ETH at an average price of $2,706.