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Bank of Spain governor José Luis Escrivá called tokenised bank deposits 'a clear alternative to cryptocurrencies' at a September 15 forum, as the digital euro project moves toward strict wallet caps and European regulators seek to loosen MiCA's stablecoin reserve rules.
Bitget has revised its estimate of funds stolen in a wallet breach to $387.5 million after adding zcash and tron to the list of compromised assets, and has launched a bounty programme offering 5% of recovered or frozen funds.
On-chain analysts have traced a portion of the funds stolen from Bitget to wallets linked to North Korea's Lazarus-affiliated TraderTraitor group, yet no government or agency has issued formal attribution, a striking contrast to the swift response after last year's Bybit hack.
Gracy Chen said attackers compromised a critical wallet server and manipulated transaction records to push through unauthorised transfers, as Bitget brings in Mandiant and SlowMist to investigate.