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The crypto media The Block reported that there are 36 days until the U.S. midterm elections. The cumulative trading volume on the U.S. presidential election market on the prediction market platform Polymarket US has surpassed $545 million, making election-related markets one of the largest by trading volume on the platform.Traders currently assign a 91% probability to the Democratic Party winning the U.S. House of Representatives, up from 73% in May. The aforementioned trading volume and probability are both derived from the U.S. election-related markets on Polymarket US.

Bitget's Greater China Regional Head, Xie Jiayin, recently addressed community concerns during a live broadcast. He reflected that since Bitget's establishment 8 years ago, user asset security has always been the top priority, successfully resisting multiple attempts of cyber attacks and maintaining a long-term record of secure operations. This incident marks the first security crisis in the platform's 8-year development history.Upon complete tracing, this incident is classified as a special attack targeting a third-party security software supply chain. The attacker exploited vulnerabilities in third-party products to obtain internal network credentials; however, private keys were not leaked, and cold wallet assets were unaffected. Currently, Bitget has partnered with security agencies Mandiant and SlowMist to conduct an independent review and will comprehensively upgrade the monitoring and management standards for third-party components. We are not only committed to promoting a full recovery following this incident but will also contribute to a safer, more robust, and healthier development of the industry through continuous technological iteration and system upgrades.

In today's community live broadcast, Bitget CEO Gracy responded to recent security incidents and the platform's financial status. She candidly stated that this is the first security incident encountered since Bitget was established 8 years ago. After a complete trace, it was found that hackers exploited vulnerabilities in third-party security products to steal internal network access credentials, forged withdrawal commands to the wallet system, and deceived the wallet into executing abnormal transfers that bypassed risk checks. Gracy emphasized that no private keys were leaked, and cold wallets were unaffected; specific technical details will be disclosed in the formally released security report.Gracy pointed out that the verified losses from this incident are within the coverage of the protection fund, and user funds are not affected. The platform's own funds exceed $1.4 billion, which includes approximately $464 million in the user protection fund. The platform will continue to uphold the security commitments made when the protection fund was established in 2022, planning to replenish the fund to the baseline of $300 million within a week."The protection fund is not just a slogan, but an important mechanism that provides tangible security for users in the event of extreme security incidents," Gracy stated. In the face of sudden security challenges, the platform's comprehensive strength and its ability to take responsibility are important criteria for measuring its risk response capability and long-term credibility. Bitget will continue to uphold its long-term commitment to prioritize user interests.

Zano, the privacy blockchain, announced a network update stating that the core team discovered a serious vulnerability in the Gateway Address, allowing unauthorized ZANO and fUSD to enter circulation. Investigations show that the wallet's payment keys or the privacy of ordinary transactions were not compromised, and Zano's core consensus mechanism was also unaffected.The team has developed a solution to clear all unauthorized activities by coordinating a network upgrade. To ensure network integrity, the Zano blockchain has been restarted from block height 3,833,000 (i.e., before the 6th hard fork), affecting approximately one month of on-chain historical records. Nodes, miners, stakers, and related services need to adopt the emergency update as soon as possible.The team stated that they will work with affected projects to address the losses and will announce compensation and claims processes, striving to compensate the community. Technical reasons and related code review results will be disclosed in the follow-up.

Blockchain interoperability company Quant announced a collaboration with The Clearing House (TCH) to introduce programmable money in the United States, providing an interoperability layer for tokenized deposits within the regulated banking system, allowing tokenized deposits to circulate within the banking system.Quant stated that this collaboration continues its related work in the UK, Europe, and other regions. The company mentioned the On-Chain Money Initiative in the announcement and released a press release and blog explaining the details of the collaboration.

PPP market prediction tool monitoring shows that the probability of "ETH reaching $2800 during the remaining period of September" on Polymarket has dropped to 37%, a weekly decrease of 38%; the probability of "ETH reaching $2900 during the remaining period of September" has dropped to 12%, a weekly decrease of 8%.According to the settlement rules, if the highest price of any 1-minute candlestick of Binance ETH/USDT reaches or exceeds the specified price within the designated month, the market will settle as "Yes"; otherwise, it will settle as "No". This market settlement is based solely on Binance ETH/USDT price data, and prices from other exchanges or trading pairs are not counted.

Binance founder Zhao Changpeng stated during the podcast "When Shift Happens" that he remains bullish on Bitcoin but denies having the ability to influence the price of the entire crypto market. Previously, on August 19, when Bitcoin was around the $60,000 range, Zhao Changpeng posted that if one wants their future self to thank today's decisions in two years, immediate action is needed. This post was interpreted by the market as a hint to buy Bitcoin, and in the following days, the crypto market rose by about 20%.Zhao Changpeng responded that he does not have the ability to drive the entire market price. He stated that he has always been bullish on the crypto industry, and almost all of his posts have a bullish tendency, posting 5 to 10 times a day, so it is not surprising that one of his posts coincidentally appeared before positive news.Zhao Changpeng mentioned that about 5 hours after the post was published, Trump gave a relatively positive speech about the crypto industry, mentioning the push for Hyperliquid to enter the U.S. market, but he did not know the content of the speech in advance. He emphasized that if he had any information that could affect the market, he would not post about it. Therefore, the post and the subsequent market rise were merely a coincidence in timing.Regarding the Bitcoin cycle, Zhao Changpeng stated that the crypto market has roughly followed a four-year cycle to date. At that time, some speculated that Bitcoin might bottom out in October, but he believes there is no need to wait until October to express a bullish view.

During Chinese President Xi Jinping's state visit to the United States, China and the United States reached an eight-point consensus on achievements. Both sides agreed to build a strategically stable relationship based on respect, fairness, and equality, and to support each other in hosting the APEC and G20 meetings. The two heads of state agreed on Iran's commitment to not develop nuclear weapons and recognized the positive role of the China-U.S. economic and trade consultation mechanism, reaching a mutual tariff reduction arrangement of 30 billion dollars. Both sides also agreed to establish a dialogue and communication channel for China-U.S. artificial intelligence.

PPP prediction market tool monitoring shows that the probability of "BTC reaching $87,500 during the remaining period of September" on Polymarket has dropped to 22%, a 9% decrease in 24 hours. Additionally, the probability of reaching $90,000 during the remaining period of September has dropped to 7%, a 6% decrease in 24 hours.According to the settlement rules, the market settles based on the 1-minute K-line of the Binance BTC/USDT trading pair. If the highest price of any 1-minute K-line within the specified month reaches or exceeds the price indicated in the title, the market will immediately settle as "Yes"; otherwise, it will settle as "No". Prices from other exchanges or trading pairs are not used as the basis for settlement.

Bitget stated that the vulnerabilities related to the security incident discovered on September 24 have been confirmed and fixed. The platform will gradually resume withdrawals after completing further security checks. Mandiant, a cybersecurity company under Google, and Slow Mist Technology are assisting in the investigation.The resumption schedule is as follows (UTC):September 28, 8:00: Bitcoin network BTCSeptember 29, 8:00: Ethereum, BNB Smart Chain, Arbitrum, Base, Optimism network ETHSeptember 30, 8:00: Ethereum, BNB Smart Chain, Solana, Tron network USDTOctober 2, 8:00: Other tokens, fiat currencies, and peer-to-peer transactionsBitget mentioned that the suspension of withdrawals is a temporary security measure and is unrelated to the availability of user assets; account balances have not been affected, and the protection fund will cover the financial impact caused by this platform-level incident. The situation is currently under control, and unauthorized transfers will not occur again. Trading and deposit services are still operating normally. Users do not need to take any action in advance; the specific reopening situation will be subject to notifications from the platform and official channels.

Revoke.cash stated that Limit Break's payment processor has a known vulnerability, and users who traded NFTs on the Magic Eden Ethereum marketplace may still retain relevant contract authorizations.The vulnerability has been addressed by white hat security researcher 0xQuit. Currently, NFT assets are expected to be unaffected, but users should still check and revoke affected authorizations to reduce subsequent risks.

The privacy blockchain network Zano disclosed that an inflation vulnerability involving Gateway Addresses has forced it to propose rolling back the blockchain by about 24 hours of history and requires users to immediately cease economic activities related to ZANO and Confidential Assets. Zano has promised to compensate for the losses caused by the rollback but has not yet announced the target block height for the rollback, the fix version, the compensation process, the vulnerability mechanism, and the number of unauthorized created assets.Gateway Addresses went live on August 26 with Hard Fork 6.

Meta's AI product Muse has been reported to have security vulnerabilities that could endanger user data and the safety of virtual environments. The company plans to enhance risk warnings.

The MOVE index, which measures the volatility of U.S. Treasury bonds, has risen approximately 29.69% this week, marking the largest increase since April of last year, as bond yields reached multi-decade highs. Market volatility is intense, and many traders have chosen to wait and see.The head of interest rate strategy at Société Générale expressed a neutral view on U.S. interest rates, waiting to trade until volatility decreases.

According to CoinDesk, the volatility in the U.S. Treasury market has significantly increased recently, while Bitcoin and the U.S. stock market remain calm. The MOVE index, which measures expected volatility in U.S. Treasuries, rose from about 80 on Tuesday to 104 on Thursday, the highest level since March; at that time, the index reached as high as 199.In contrast, the Volmex 30-day Bitcoin implied volatility index (BVIV) is currently around 37, close to the year-to-date low of 35; the Cboe VIX, which measures expected volatility in the S&P 500, is near the year-to-date low of 14.Meanwhile, the yield on the U.S. 10-year Treasury bond briefly hit 5.2% on Thursday before falling back to 5.163%. Data shows that the correlation coefficient between VIX and MOVE over the past 20 trading days has dropped to -0.06, marking the first negative correlation since April 2024; the correlation coefficient between BVIV and MOVE is -0.37, at a relatively low level in recent years.Analysts point out that as an important foundation of the global financial and credit system, an increase in U.S. Treasury volatility usually indicates a tightening financial environment, but currently, BTC and the U.S. stock market have not reflected the same level of volatility risk as the bond market.

Magic Eden announced that the vulnerability occurred in the NFT trading protocol Payment Processor V2 maintained by Limit Break. Magic Eden adopted this protocol for EVM network transaction settlements in 2024 but stopped using V2 in October 2024 and will completely shut down the EVM market in the first quarter of 2026. Therefore, NFTs currently listed on Magic Eden are not affected by this vulnerability.NFTs listed through its EVM market between February and October 2024 may be affected, while listings after October 2024 are generally not impacted. The platform is contacting the protocol owner and maintainer Limit Break to explore other risk mitigation measures, including pausing protocol transfers, and will continue to investigate the actual scope of the impact.Magic Eden reminds users who have listed or traded NFTs on its EVM market to revoke relevant contract authorizations on the Ethereum, Polygon, and Base networks. Users can filter the address through revoke.cash and revoke all authorizations marked as "approved for all" for NFTs. Magic Eden emphasizes that revoking authorization cannot recover assets that have already been transferred.Yuga Labs' Vice President of Blockchain Quit stated today that at 9 AM Eastern Time, attackers exploited the Payment Processor V2 vulnerability to steal a large number of NFTs. After contacting the LimitBreak team, the latter quickly paused the similarly affected Payment Processor V3. However, V2 could not be paused, and V3 on ApeChain is also temporarily unable to be paused. Therefore, the team implemented a white-hat operation, successfully transferring and protecting 23,155 NFTs valued at over 5.7 million dollars.

The NFT market Magic Eden appears to have a security vulnerability, with white hat hackers transferring 3,832 NFTs from hundreds of wallets.Quit, the Vice President of Blockchain at Yuga Labs, stated that this transfer is part of a white hat operation. The related NFTs are currently stored in an address starting with "0x71cF," and the assets are in a secure state. They will be returned in full once the risk is eliminated.

KelpDAO stated on platform X that it has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack incident that occurred earlier this year. The lawsuit claims that LayerZero failed to adequately disclose its inherent technical weaknesses and risks; failed to prevent its security infrastructure from being compromised; and that LayerZero had previously reviewed and approved Kelp's deployment and configuration in writing.Officials stated that LayerZero has publicly attributed responsibility to itself in recent months. Since the occurrence of the attack, the team has taken action to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard.LayerZero co-founder and CEO Bryan Pellegrino tweeted that KelpDAO's related claims lack basis and that he will respond and defend in Vancouver.Previously, LayerZero released an incident report indicating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in a loss of approximately 116,500 rsETH, valued at around $292 million.

predict.fun posted on platform X that the probability of Variational FDV reaching 1 billion dollars has increased by 11% in the past 5 hours, currently standing at 75%.