[South Korean lawmaker apologizes for delay in digital asset framework bill]

South Korean Democratic Party lawmaker Min Byoung-dug apologized for the delay in establishing a basic law on digital assets at a seminar on the future of finance on blockchain held at the National Assembly Members’ Office Building today, Etoday reported.

Min said there was broad consensus that the legislation should not be delayed any further and expressed hope that meaningful progress could be made this time. Discussions on the bill include rules for stablecoin issuance and distribution. South Korea’s Financial Services Commission plans to first push tokenization of institutional investor-only private money market funds and corporate bonds in February, then expand to onchain payments settled with stablecoins.
https://coinness.com/en/news/1170025
See more: https://www.etoday.co.kr/news/view/2630026

[BTC funding rates turn negative again as bearish bets gain ground]

Open interest in the Bitcoin futures market has fallen to its lowest level this year, and perpetual futures funding rates have turned negative, signaling increasingly bearish sentiment, according to a CoinDesk analysis.

CoinDesk said BTC futures open interest currently stands at about 652,000 BTC, down from a peak of 800,000 BTC at the start of the year. Funding rates for perpetual futures on major exchanges have also slipped to an average annualized rate of around -0.3%, indicating traders are maintaining bearish positions even while short holders pay to keep them open. CoinDesk added that leverage has not returned to the futures market even though BTC rose 40% in the third quarter.
https://coinness.com/en/news/1170026

[Compound Foundation accused of improper use of 8.42 million DAI reserves]

The Compound Foundation has been accused of improperly using 8.42 million DAI from Compound V2 reserves, according to Odaily. On-chain analyst ugurmersin said the DAI was moved to exchanges, swapped for 344,780 COMP, and then delegated to the foundation’s own voting address.

The COMP was later returned about 58 minutes before voting closed on proposals 580 and 582. The side raising the allegations claimed the foundation used the process to secure DAO voting power and effectively influence key governance proposals, including passage of a $52 million V4 plan. The allegations are based on on-chain records and the analyst’s claims, and no official explanation from the foundation or final determination on the legality of the transactions has been confirmed.
https://coinness.com/en/news/1170027

[Quebec regulator warns investors over unregistered Pump.fun operations]

Quebec’s financial regulator, the Autorité des marchés financiers (AMF), has designated Solana-based memecoin issuance platform Pump.fun (PUMP) as an unregistered and unauthorized platform and issued an investor alert, Crypto Briefing reported.

Crypto Briefing said the AMF indicated Pump.fun had not obtained the registration required to solicit investors in Quebec, adding that the move was a warning over unregistered operations rather than a fraud allegation. Access to the site for Quebec users has not been blocked, and wallets have not been frozen. The Canadian Securities Administrators (CSA) posted the AMF warning on its notice page but did not take separate action.
https://coinness.com/en/news/1170028

[Bithumb to temporarily suspend PROS deposits, withdrawals on Sept. 29]

South Korean exchange Bithumb announced it will temporarily suspend PROS deposits and withdrawals at 6:00 a.m. UTC on Sept. 29 to support the Pharos network upgrade.
https://coinness.com/en/news/1170029

[BTC spot CVD chart at 7:00 p.m. UTC on Sept. 28]

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel represents cumulative volume delta, or CVD.

- The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance.

- The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line in the corresponding color moves higher. The yellow line is based on orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million, among other categories.
https://coinness.com/en/news/1170030

[CC fallen 3.74% in the past 5 minutes]

CC has fallen by 3.74% in the past five minutes on the COINNESS market. Currently, CC is trading at $0.14.
https://coinness.com/en/news/1170031

[CC fallen 7.99% in the past 5 minutes]

CC has fallen by 7.99% in the past five minutes on the COINNESS market. Currently, CC is trading at $0.13.
https://coinness.com/en/news/1170032

[Robinhood Chain scam ring linked to repeated meme coin launches, GoPlus says]

Blockchain security firm GoPlus said on X it had identified a group on Robinhood Chain that repeatedly issued hundreds of fraudulent meme coins. According to GoPlus, the group spent the past 30 days distributing tokens across multiple new wallets before selling them, then consolidating the ETH raised through multiple addresses and redeploying it into new token issuance and trading.

GoPlus said a key address tied to the funds showed total flows of about 3,589 ETH, or $9.49 million, across 400 recent transactions. The firm said the figure reflects gross transaction volume, not net profit or investor losses.

Earlier, on-chain analyst Wazz disclosed a separate group that used a similar method to issue more than 53 meme coins and siphon off about $18.43 million, but GoPlus said there is no evidence the two groups are the same entity.
https://coinness.com/en/news/1170033

[Altcoin inflows to exchanges hit highest level since October 2025, analyst says]

CryptoQuant analyst Darkfost said signs of overheating and slowing momentum are emerging in the altcoin market even as the rally continues.

Darkfost said the share of Binance-listed altcoins trading below their 200-day moving average fell to 13% from 80% in August, leaving 87% above their long-term trend line. At the same time, exchange deposit counts for altcoins rose to their highest level since the market peak in October 2025, with weekly averages topping 22,700 on Binance, 8,300 on Coinbase and around 32,000 across other exchanges. Darkfost added that while those exchange inflows remain lower than in the early phase of the previous bull market, a bearish divergence has also appeared in the relative strength index, or RSI, for altcoin market capitalization, or Total2, suggesting momentum may be starting to weaken.
https://coinness.com/en/news/1170034

[Solana says Alpenglow has no set mainnet launch date]

A report that Solana’s next-generation consensus protocol Alpenglow would go live on mainnet on Sept. 28 is false, BeInCrypto reported. Solana co-founder Anatoly Yakovenko and developer Anza said Alpenglow only recently entered public testing and there are no plans to rush it onto mainnet.

According to the outlet, the Sept. 28 date appears to have come from the feature activation schedule for Agave v4.3, Solana’s validator client, which does not explicitly mention Alpenglow. Alpenglow aims to cut transaction finality times to around 150 milliseconds from about 12.8 seconds and remains in the testnet stage, with no specific mainnet deployment date set.
https://coinness.com/en/news/1170035

[ARK Invest warns AI-driven hacks may first target Bitcoin and hardware wallets]

ARK Invest warned that as advances in AI accelerate the discovery and exploitation of software vulnerabilities, hacking risks could spread beyond Bitcoin to the broader financial and internet services sectors. The firm said Bitcoin and hardware wallets could be early targets, while social media platforms and tax and banking websites may face similar threats over time. ARK Invest also raised the possibility that large-scale asset custodians could become key targets.
https://coinness.com/en/news/1170036

[Wintermute holds $126.3M in short positions on Hyperliquid]

Crypto market maker Wintermute is holding short positions worth a combined $126.25 million on Hyperliquid, according to Onchain Lens. The largest is an ETH short at $46.92 million, followed by SOL at $11.3 million and HYPE at $10.03 million. The positions currently show around $963,600 in unrealized profit.
https://coinness.com/en/news/1170037

[Bitdeer, IREN join Nvidia AI agent safety platform]

Nvidia has unveiled the Open Agent Safety Platform with more than 100 companies and institutions to support the safe operation of AI agents. Crypto-linked participants include Nasdaq-listed Bitcoin miner Bitdeer (BTDR) and IREN, which is shifting from Bitcoin mining to AI infrastructure. Nvidia CEO Jensen Huang described the platform as "a trust-based starting point for a safe AI agent ecosystem."
https://coinness.com/en/news/1170038

[Macro pressure drives cross-asset deleveraging, with volatility seen rising this week]

QCP Capital said broad deleveraging is emerging across assets as global financial markets and the dollar index fall, pointing to a scramble for cash rather than a typical flight to safe-haven assets. The firm cited geopolitical uncertainty in the Middle East and concerns over energy markets as the main drivers.

QCP said the U.S. formally rejected ceasefire terms over the weekend tied to reopening the Strait of Hormuz, reigniting fears of energy supply disruptions and sending Brent crude sharply higher. It added that volatility is likely to increase this week as key U.S. economic data, including the PCE price index and the nonfarm payrolls report, are due for release.

The firm also said short-term implied volatility has risen in the crypto options market as sensitivity grows to the possibility of further monetary policy adjustments following the Federal Reserve's recent rate hike, while spot Bitcoin ETF fund flows have shown signs of slowing. If institutional inflows also weaken, Bitcoin could retest existing support levels, with its next direction likely to depend heavily on geopolitical developments and this week’s U.S. economic data.
https://coinness.com/en/news/1170039

[Reuters: Democrats weigh probes into Trump family crypto businesses if they win midterms]

U.S. Democrats are considering making President Donald Trump’s family cryptocurrency businesses and Donald Trump Jr.’s venture capital firm 1789 Capital priority investigation targets if the party takes control of either chamber in the November midterm elections, Reuters reported. If Democrats win either the House or Senate, the party would gain subpoena power and could begin investigations as early as February next year.
https://coinness.com/en/news/1170040

[Solana weekly app revenue hits highest level since mid-2025]

Solana app revenue reached $49.9 million last week, the highest level since mid-2025, Jinse Finance reported. The figure was 2.6 times that of Hyperliquid and 3.9 times that of Ethereum.
https://coinness.com/en/news/1170041

[Chinese-linked group seen laundering $387M stolen from Bitget]

On-chain analyst ZachXBT said signs have emerged that a group with Chinese roots was involved in laundering $387 million stolen from Bitget. The group identified as "Alias 4" was also said to have shown signs of involvement in laundering funds tied to the $292 million Kelp DAO exploit earlier this year. The stolen assets are currently being moved across multiple blockchains through chain-hopping via bridges, with flows into mixing services such as Wasabi also being observed.
https://coinness.com/en/news/1170042

[Citi, Coinbase to support stablecoin payments for institutional clients]

Citi will work with Coinbase to support stablecoin payments for institutional clients, Bloomberg reported.
https://coinness.com/en/news/1170043

[Peter Brandt says XRP breakout above $1.55 could open room for further gains]

Veteran trader Peter Brandt said XRP could complete an inverse head-and-shoulders pattern that may lead to further gains if it decisively breaks through the $1.50-$1.55 range. According to The Crypto Basic, Brandt said he has been skeptical about XRP’s fundamentals, but the chart alone still provides a basis for a trade. The outlet added that XRP, currently around $1.52, needs to hold above $1.50-$1.55 for the pattern to be confirmed, with a typical pattern target implying a rise to $2.05-$2.10.
https://coinness.com/en/news/1170044

[Bitcoin put demand remains muted despite weakness]

Bitcoin has been showing weakness, but the options market has yet to show clear positioning for a full-blown sell-off, CoinDesk reported. Traders have not shown signs of aggressively buying protective put options.

BTC’s seven-day skew, which reflects the price gap between put and call options, has declined recently, but put options are still not trading at historically significant premiums. 10x Research said put demand has been rising, while adding it remains unclear whether that reflects short-term hedging or a broader shift in market structure. The report added that Bitcoin’s implied volatility is near cycle lows while realized volatility is higher, suggesting some options are still trading at relatively low prices.

From a technical perspective, $82,813 is being watched as a key support level. Holding that level could leave room for further gains, while a break below it could point to a deeper correction.
https://coinness.com/en/news/1170045