Oct 5 — Bitget hack, Bitcoin rally, SEC custody proposal
from QuantAlpha Digital Asset Update
• Bitget lost $388 million to a zero-day exploit traced to North Korea — the theft raises fresh custody and supply-chain security concerns across exchanges. • Bitcoin cleared the $85,000 sell wall and neared its highest level since January after weak US jobs data — fueling bets on Fed easing. • The SEC proposed letting investment advisers and funds self-custody crypto — a shift that could lower barriers to institutional adoption.
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This episode was published on October 4, 2026.
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