BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Bitget’s Head of Chinese-speaking Region Xie Jiayin posted a statement saying the exchange’s security team has accurately identified the attack path and techniques of the recent hack, and obtained details on how the attacker bypassed security defenses, adding that they are now very close to tracing the attack’s origin. Third-party security firms Mandiant and SlowMist are still conducting the incident investigation, with a detailed report pending from the security teams. Xie Jiayin noted that on-chain tracking has confirmed approximately $387.5 million in assets were transferred to hacker addresses, an increase from the previous estimate of $351.6 million. The revised figure includes ZEC and TRX, and no other unauthorized asset transfers have been detected so far. Stolen platform-level funds will be fully covered by Bitget’s User Protection Fund, meaning user assets will not suffer losses. Additionally, Bitget has officially launched a fund recovery bounty program, offering a 5% bounty to participants who actively freeze or recover the attacker’s funds.

ARK analyst Lorenzo Valente published a post stating that Uniswap completed around 140 million trades in August this year, surpassing the combined trade count of two platforms: Cboe BZX and NYSE American. NYSE American, a subsidiary of the New York Stock Exchange, has operated since 1908, while Uniswap launched in 2018; five years ago, Uniswap’s monthly trade count was only roughly 2 million. Valente noted that by trade volume, Uniswap’s next target to catch up with is NYSE Arca, which completed approximately 232 million trades in August.

Beating AI Express (Dongcha) reports that three researchers from Taiwan, China have built DrivingBench, integrating general large models including GPT-6 Astra, GPT-5.6 Sol, Grok 4.6 and Claude Fable 5.1 into a real 2022 Toyota Corolla to conduct real vehicle driving tests similar to China’s driving test Subject 2. The test track is approximately 130 meters long, with an 8-meter-wide channel formed by colored traffic cones. The vehicle needs to navigate multiple curves before parking into a 7×5-meter cone-marked space. GPT-6 Astra, which had no prior specialized driving training, deviated from the track due to misjudgment in its first test. After adjusting its strategy in the second attempt, it completed the roughly 134.7-meter course in 5 minutes and 22 seconds and successfully parked, becoming the only one of the four models to "pass Subject 2". During the test, Astra controlled its speed at 0.5 to 0.8 meters per second near curves and obstacles, adjusting direction continuously based on real-time camera footage. In contrast, Sol, Grok and Fable all failed to finish the test: Sol and Grok failed three consecutive times, while Fable stopped after reaching around 45% of the course on its third run. The test shows that general large models not trained on specialized driving data can now complete basic driving tasks in low-speed real-world environments, though they still have a significant gap before achieving actual road autonomous driving.

According to market data, the U.S. 10-year Treasury yield has continued to rise to 5.23%, hitting a new high since 2007.

CZ said in a post that today is a difficult day for Bitget. He believes and knows that Binance, the BNB Chain ecosystem, and its community will do everything possible to offer assistance, and called on the community to stay 'SAFU'.

Liquid Capital founder Jack Yi wrote in a post that after Bitcoin (BTC) rose to around $86,000, it is facing a normal correction. In the current bull market, investors should "be bearish but not short" and wait patiently for the next long trading opportunity. He noted that for specific trading opportunities, Ethereum (ETH) is showing stronger performance; trading infrastructure assets such as UNI and HYPE are gaining market acceptance, while ZEC is a "strong-whale asset".