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Blockchain.com Plans $500M IPO at $4–6B ValuationBlockchain.com is preparing for a 2024 IPO to raise about $500M at a $4–6B valuation, after confidentially filing with the SEC. The company allows forBybit Accepts Franklin Templeton Tokenized Funds as CollateralBybit and Franklin Templeton now allow institutions to use tokenized Benji fund shares as collateral for USDT/USDC credit lines with off-exchange custBybit and Franklin Templeton, Citi and Coinbase Announce PartnershipsBybit and Franklin Templeton to use tokenized funds as collateral. Citi and Coinbase enable virtual accounts and stablecoin payments for corporate cliUS Senate Probes Iran’s Use of USDT; Tether Freezes $550MThe US Senate is investigating Iranian use of USDT and Tether’s blocking measures. Tether reports freezing nearly $550 million in USDT linked to Iran.CryptoQuant: Altcoin Inflows to Exchanges Reach Highest Since October 2025CryptoQuant reports altcoin inflows to exchanges at their highest since October 2025. Over 7 days, 34,123 BTC ($2.8B) withdrawn from CEX, per CoinglasBitget Resumes BTC Withdrawals After $387.5M HackBitget has resumed BTC withdrawals after a $387.5 million hack. ETH withdrawals will restart Tuesday, USDT on Wednesday. The hacker is using THORChainBitget to Resume Withdrawals: BTC on September 28, ETH on 29th, USDT on 30thBitget will reopen withdrawals: BTC on September 28, ETH on the 29th, USDT on the 30th, and all other assets from October 2. The vulnerability has beeBinance Invests $100M in Circle and Expands USDC DealBinance invested $100M in Circle, acquiring 1,237,011 shares at $80.84 each and signing a five-year agreement to expand USDC on the exchange.Bitget CEO Promises Withdrawal Plan by 04:00 UTC, Losses at $387.5MBitget CEO pledges to release a withdrawal resumption plan by 04:00 UTC tomorrow. Estimated losses from the hack have risen to $387.5M from $351.6M.IRS: 21% of Investors Await Data from Exchanges Under New RulesIn the first 1099-DA season without cost basis, 21% of 1,000 Awaken Tax survey respondents are waiting for data from exchanges; one in five finds the CoinMarketCap Acquires CoinGlass: Derivatives Data from 28 ExchangesCoinMarketCap has acquired CoinGlass, a derivatives data platform covering 28 exchanges and over 2,500 instruments. Brand, team, API, and pricing remaSantiment: Only 3.49% of ETH Held on Exchanges, Lowest Since Early YearsSantiment reports just 3.49% of all ETH is held on exchanges, a record low. About 35% of ETH is staked, and ~$53 billion is locked in Ethereum DeFi.Bitget CEO Suspects North Korea in $351.6M HackBitget CEO Gracy Chen suspects North Korea's involvement in a $351.6M hack citing IP and VPN matches. Withdrawals paused, some funds recovered.Bitget Halts Withdrawals After $351.6M HackBitget confirmed unauthorized transfers totaling about $351.6 million and temporarily suspended withdrawals. The amount is covered by its $464 millionBitget: Jokes in Comments Amid $351.6M HackWhile Bitget users awaited a statement on the $351.6M hack, jokes appeared under the exchange’s anniversary post. Bitget has now issued an official reBitget Regains Control of Wallets, Losses Total $351.6MBitget has regained control of its wallets after a September 24 incident. Preliminary losses are $351.6M; withdrawals paused; protection fund holds $4Bitget: Mass Withdrawals and Transaction DelaysBitget is experiencing mass withdrawals, with users reporting transaction processing delays on the platform following a previously reported hack.Bank of Russia Approves Rules for Crypto Exchanges and Digital DepositoriesThe Bank of Russia has approved admission rules for crypto exchanges and digital depositories, effective October 5, 2026. Decisions in 30 or 60 days.Bybit transitions to financial platform with 235+ instruments availableBybit has transitioned to a financial platform, offering 235+ traditional instruments, unified balance, up to 150x leverage, and serving over 80 milliBybit launches 'Make Your Move' and declares end of 'pure' exchangesBybit launched the 'Make Your Move' campaign and said the era of 'pure' crypto exchanges is over. BitMEX halted trading after 11 years, CoinEx winds dSEC Commissioner: Agency Dropped Lawsuits Against Crypto Firms in Early 2025Mark Uyeda said the SEC withdrew civil lawsuits against crypto companies in early 2025 to avoid damaging trust amid a major policy shift.Bank of Russia: Illegal Crypto Exchanges to Disappear by July 1, 2027The Bank of Russia expects illegal crypto exchanges to disappear, with the "gray zone" ending by July 1, 2027, according to the regulator.BitMEX Shuts Down Exchange Services After 11 Years, Withdrawals OpenBitMEX has fully ceased all exchange services after 11 years of operation. Users can still withdraw any remaining funds from their accounts.BitMEX Halts Exchange Operations, Withdrawals via Web Remain OpenOn September 23 at 4:00 UTC, BitMEX ceased exchange operations after 11 years. Trading and deposits stopped; web withdrawals remain open, API until Se