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Sep 30 — Bitget hack, ETF inflows swing positive, Tether scrutiny episode artwork

Sep 29, 2026 3 min

Sep 30 — Bitget hack, ETF inflows swing positive, Tether scrutiny

from QuantAlpha Digital Asset Update

• Bitget lost about $388 million in a hot and warm wallet exploit, with its CEO saying the attacker probed defenses first — reviving custody-risk fears across exchanges. • Bitcoin ETFs flipped positive for 2026 after $2.8 billion flowed in over one week, wiping out a $5.8 billion year-to-date shortfall — a sharp institutional demand reversal. • A Senate staff report ties Tether's USDT to Iran's shadow banking network, with Senator Blumenthal urging Treasury and DOJ to investigate by October 9 — raising sanctions-enforcement risk for the top stablecoin.

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Sep 30 — Bitget hack, ETF inflows swing positive, Tether scrutiny

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