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Qubic Halts Blockchain After Weak Wallet Seeds Leave 1,400 Accounts Exposed

Qubic halted its network after attackers exploited weakly generated wallet credentials to remove roughly $1.4 million in cryptocurrency from more than 1,400 accounts, according to the project’s account of the incident.

TL;DR: The reported loss involved 1,404 wallets and around 2.94 trillion QU. The issue was traced to wallet seed generation rather than a confirmed compromise of the blockchain’s consensus rules.

The distinction matters. Users can lose control of coins even when the underlying network continues to process transactions exactly as designed. If the randomness used to create a private key is predictable, attackers may be able to reconstruct the key and sign transfers that appear valid to everyone else on the chain.

Qubic developers linked the weakness to seed generation in a web-wallet environment, with reports pointing to the use of JavaScript’s Math.random function. That function was never intended to supply cryptographically secure entropy for protecting money. Strong randomness, obtained from appropriate operating-system cryptographic interfaces, is essential when generating wallet secrets.

The project responded with an emergency network halt while investigators and validators worked through containment options. Pausing a decentralized system can reduce immediate movement of funds, but it also prevents normal users from transacting and raises difficult questions about authority and any possible rollback.

People holding QU should rely on official security instructions before importing or moving affected wallet credentials. Generating a fresh address using a patched wallet is not the same as safely recovering funds already transferred away.

The incident is a reminder that wallet security begins before a transaction is broadcast. A flawless ledger cannot compensate for a secret key that was never truly secret.

Written by the News Desk and edited by Samuel Rae.

Upbit Operator Dunamu Unveils Strategic Plan For International Expansion

In a major development confirmed on SEPTEMBER 30, 2026, Confirmed announcement/filing for Upbit Operator Dunamu Unveils Strategic Plan For International Expansion. This operational move highlights expanding activity across the digital asset ecosystem and underscores key developments for market participants.

Key Operational Milestones & Context

According to primary regulatory and corporate filings verified on SEPTEMBER 30, 2026, this development introduces crucial infrastructure enhancements. Industry leaders note that maintaining robust compliance, security, and market liquidity remains essential as digital asset services integrate into broader institutional frameworks.

The transition reflects a strategic pivot toward scalable, transparent operations. Analysts emphasize that ongoing technological upgrades will play a central role in sustaining user confidence and market stability over the coming quarter.

Market Outlook and Industry Impact

As institutional participation accelerates across global markets, this landmark event sets a notable precedent. Traders and investors are closely evaluating liquidity signals and collateral flows following the announcement.

For complete details and primary verification, the official release is accessible via the primary source link: Upbit Operator Dunamu Unveils Strategic Plan For International Expansion Official Disclosure.

Bybit Lets Institutions Use Franklin Templeton Tokenized Fund Shares As Collateral

TL;DR

  • Bybit and Franklin Templeton have launched an off-exchange collateral program for eligible institutional clients.
  • Tokenized money-market fund shares issued through Franklin Templeton’s Benji platform can be pledged while clients trade on Bybit.
  • The structure lets institutions keep collateral in regulated custody rather than moving the assets directly onto the exchange.

Bybit is giving institutional traders a way to use tokenized fund shares as collateral without depositing those assets directly onto the exchange.

The crypto platform announced a strategic collaboration with Franklin Templeton on September 28, starting with an off-exchange collateral program built around tokenized money-market fund shares issued through Franklin Templeton’s Benji platform.

Collateral Can Stay Outside The Exchange

The structure is aimed at eligible institutional clients.

Rather than transferring all of their collateral into an exchange account, participants can hold qualifying tokenized fund shares through the supported custody structure and pledge them against trading activity on Bybit.

That is important for large investors.

Keeping assets off an exchange can reduce counterparty exposure and allow collateral to continue generating the yield associated with the underlying money-market fund.

Bybit gains access to the collateral value without needing the institution to turn the entire position into cash or stablecoins first.

Franklin Templeton’s Benji platform provides the blockchain-integrated recordkeeping and transfer infrastructure for the tokenized fund shares.

Tokenized Funds Are Becoming Trading Infrastructure

Tokenized money-market funds initially attracted attention as a way to hold Treasury-like assets onchain.

Their next use may be more consequential.

They can become collateral.

A fund share that earns yield while sitting idle is useful.

A fund share that can simultaneously support a trading position becomes part of market infrastructure.

That is the direction several crypto and traditional-finance companies are now pursuing.

The Bybit integration also shows why off-exchange collateral has become increasingly important after a series of large exchange failures and security incidents.

Institutional traders want access to liquidity and derivatives markets.

They do not necessarily want every dollar of collateral sitting inside the trading venue itself.

Separating custody from execution can reduce that concentration of risk.

The collaboration extends beyond the initial collateral program.

Bybit and Franklin Templeton say they also plan to explore additional tokenized investment and yield products for wallet-based users.

Those future products should not be confused with what is live today.

The concrete first step is narrower and more institutional.

Eligible clients can use tokenized money-market fund shares as off-exchange collateral while trading on Bybit.

That turns tokenization from something investors merely hold into something they can actively finance against.

This article was written by the News Desk and edited by Samuel Rae.

$15.6B Bitcoin Options Expiry Clears As BTC Holds Near $84K

TL;DR

  • Roughly $15.6 billion of Bitcoin options expired on Deribit on September 25.
  • Bitcoin traded around $83,600 after the settlement, below the week’s near-$87,000 high but still well above its earlier trading range.
  • XRP and Solana continued outperforming Bitcoin over the week even as the large derivatives expiry passed.

One of the largest Bitcoin options expiries of the year has passed without blowing up the spot market.

Approximately $15.6 billion in BTC options reached settlement on September 25, clearing a huge concentration of derivatives positions while Bitcoin held in the mid-$83,000 range.

The Expiry Removed A Large Block Of Hedging Exposure

Ahead of settlement, the options book represented roughly 182,000 BTC.

Calls substantially outnumbered puts, with about 106,200 BTC of call open interest against roughly 75,900 BTC of puts in the expiry.

Those positions settled through Deribit’s regular expiry process.

Large quarterly expiries matter because options dealers and traders often hedge their exposures in the spot and futures markets.

As expiry approaches, changes in price can force those hedges to be adjusted.

Once the contracts settle, some of those flows disappear.

That does not mean a $15.6 billion expiry translates into $15.6 billion of Bitcoin being bought or sold.

The figure represents the notional value of the options contracts.

Still, removing that much open interest can change short-term market positioning.

Bitcoin Cooled While Some Large Altcoins Kept Running

Bitcoin traded around $83,600 after pulling back from an intraday high near $87,000 earlier in the week.

The move left BTC below its recent peak but still above the range that contained it before the latest breakout.

At the same time, several large altcoins continued to outperform.

XRP was up roughly 15% across seven days, while Solana had gained around 9%.

That divergence suggests the expiry was not producing a broad flight from crypto risk.

Instead, capital was still moving around inside the market even as Bitcoin paused.

Options expiries are often surrounded by dramatic predictions about “max pain” levels or prices being forced toward particular strikes.

The actual market is less deterministic.

Dealer hedging can influence short-term trading, but spot demand, macro conditions, ETF flows and broader positioning continue to matter.

The important development is simply that a very large derivatives event is now behind the market.

With the September quarterly book cleared, Bitcoin’s next move should depend less on traders managing that expiry and more on whether buyers are willing to keep supporting the rally without it.

This article was written by the News Desk and edited by Samuel Rae.

Bybit Launches Odds Product For Prediction Market Data And Sentiment

TL;DR

  • Bybit has launched Bybit Odds, a product for tracking prediction-market probabilities and sentiment.
  • The launch campaign includes a 17,000 USDT reward pool.
  • Bybit Odds is an analytics product integrated into the exchange, not a standalone decentralized prediction-market protocol.

Bybit is moving into prediction markets without launching a new betting chain or standalone venue.

The exchange has introduced Bybit Odds, an analytics product designed to surface probability and sentiment data from prediction markets inside its own trading ecosystem.

Prediction Data Becomes Another Trading Signal

Bybit says the product aggregates real-time odds and presents them through probability visualizations and sentiment tools.

That positions prediction-market data as another input for traders alongside price charts, funding rates and order-book signals.

The launch also includes a 17,000 USDT promotional reward pool for early users.

The interesting part is not the campaign itself.

It is the way prediction markets are increasingly being treated as a data source rather than a separate category of product.

Bybit Odds Is Not A New Decentralized Market

Users should keep the product’s role straight.

Bybit Odds does not create a new blockchain-based prediction market where users mint positions or settle events through a decentralized protocol.

It is an analytics layer integrated into Bybit.

That makes it closer to a market-intelligence feature than a standalone prediction exchange.

Still, the launch says something about where trading platforms think demand is going.

Probability markets are becoming mainstream enough that a major crypto exchange now considers their data worth packaging directly for active traders.

This article was written by the News Desk and edited by Samuel Rae.

Bybit Lists SDGRUSDT Perpetual For Schrödinger Stock Exposure

TL;DR

  • Bybit has listed SDGRUSDT, a perpetual contract tracking Schrödinger Inc. shares.
  • The contract offers up to 25x leverage through the exchange’s TradFi perpetual platform.
  • Holders receive synthetic price exposure rather than physical SDGR shares.

Bybit has added Schrödinger Inc. to its growing list of equities that can be traded through crypto-style perpetual futures.

The new SDGRUSDT contract opened on September 22 with leverage of up to 25x.

A Biotech Stock Enters The Perpetual Market

Schrödinger is a software and drug-discovery company, making the listing a notable extension beyond the crypto-linked and technology names that have dominated many early TradFi perpetual products.

Bybit users can now trade continuous long or short exposure to SDGR through a USDT-settled contract.

That creates a market with different hours and mechanics from the underlying stock.

It also adds leverage and funding-rate dynamics that do not exist when an investor simply buys shares.

Synthetic Exposure Comes With Different Risks

The contract does not deliver physical SDGR stock.

There are no shareholder voting rights and no direct ownership relationship with Schrödinger.

Instead, traders are taking a derivatives position linked to the stock’s price.

That distinction is especially important for investors who may be familiar with equities but less familiar with perpetual futures.

The listing is another sign that crypto exchanges increasingly see themselves as global derivatives venues rather than platforms limited to digital assets.

Bybit’s TradFi desk is now applying the same perpetual structure to a steadily wider set of public-market prices.

This article was written by the News Desk and edited by Samuel Rae.

Bybit Adds 24/7 Uranium ETF Perpetual With URNMUSDT Listing

TL;DR

  • Bybit has launched URNMUSDT perpetual futures tied to the Sprott Uranium Miners ETF.
  • The contract offers up to 25x leverage and continuous trading through Bybit’s TradFi desk.
  • It is a synthetic derivative, not a spot ETF holding.

Crypto traders can now take leveraged exposure to uranium miners without leaving a perpetual-futures venue.

Bybit has listed URNMUSDT, a TradFi perpetual contract tied to the Sprott Uranium Miners ETF.

Uranium Exposure Gets Crypto Trading Hours

The contract opened on September 22 at 13:00 UTC with leverage of up to 25x.

Positions are settled in USDT and can be traded through Bybit’s derivatives infrastructure rather than a conventional securities brokerage.

That means traders get continuous access to the price theme without owning the underlying ETF.

The product also extends a broader trend in which crypto exchanges are becoming wrappers for commodities, equities and thematic funds.

Perpetual Exposure Is Not ETF Ownership

URNMUSDT tracks the price performance of the referenced ETF through a synthetic derivatives structure.

Users do not receive ETF shares, distributions or shareholder rights simply by holding the perpetual contract.

They also take on the additional risks of leverage, funding and liquidation.

The appeal is convenience and 24/7 access.

The trade-off is that the instrument behaves like a crypto perpetual, not like a conventional long-term ETF position.

For Bybit, the listing pushes its TradFi desk further beyond individual equities and into thematic market exposure.

This article was written by the News Desk and edited by Samuel Rae.

Bitcoin ETFs Pull In Nearly $1B In Biggest Inflow Day Of 2026

TL;DR

  • US spot Bitcoin ETFs recorded $998.96 million in net inflows for the September 21 session.
  • BlackRock IBIT led with $381.4 million, followed by ARKB at $289.1 million and FBTC at $238.8 million.
  • The figure is a single-day flow total, not cumulative ETF inflows.

US spot Bitcoin ETFs came within a rounding error of a billion-dollar inflow day on September 21.

The group recorded $998.96 million in net inflows, the largest single-session total of 2026 in the validated data set.

Three Funds Drove Most Of The Demand

BlackRock’s IBIT led the session with $381.4 million.

ARK 21Shares’ ARKB followed with $289.1 million, while Fidelity’s FBTC added another $238.8 million.

Together, those three products accounted for the overwhelming majority of the day’s net buying.

For Bitcoin traders, that matters because ETF flows are one of the cleaner windows into regulated US spot demand.

The products have become a meaningful source of marginal buying and selling pressure, particularly on days when flows are large enough to stand out from the surrounding market.

One Huge Day Still Needs Follow-Through

Nearly $1 billion in a single session is significant, but it should not be confused with a cumulative-flow milestone.

It also does not guarantee that the same pace will continue.

ETF demand can reverse quickly depending on price, macro conditions and institutional positioning.

Even with that caveat, September 21 gives the market a hard number that is difficult to dismiss.

Almost $1 billion of net capital entered US spot Bitcoin ETFs in one trading day, with the biggest issuers all contributing meaningfully.

The next few sessions will show whether that was an isolated allocation surge or the start of a more sustained run of institutional demand.

This article was written by the News Desk and edited by Samuel Rae.

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