BREAKING

Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●

BTC -- --%

ETH -- --%

Fear & Greed F&G 69 Greed

The Weekly Grind (Sep 22–Sep 28): SEC Down to Two, $351M Bitget Hack

The Weekly Grind (Sep 22–Sep 28): SEC Down to Two, $351M Bitget Hack

September 28, 2026 · 2 min read · 258 words

The Weekly Grind (Sep 22–Sep 28): SEC Down to Two, $351M Bitget Hack

Hectic doesn’t quite cover this week in crypto: the SEC is crippled by resignations, a $351 million hack exposes exchange vulnerabilities, and a massive memecoin scam unfolds on Robinhood’s new chain. Meanwhile, Binance finds itself in hot water yet again.

The Big Stories

SEC Loses ‘Crypto Mom’ Hester Peirce: With Peirce’s resignation effective October 2, the SEC will be down to two commissioners. This leaves significant regulatory power in a precarious position. Read more
Bitget $351M Hack: Hackers exploited Bitget’s signing machines to approve forged transfers, making it the largest crypto heist of 2026. Read more
Robinhood Memecoin Rug Pull: 53 memecoins, one crew, $18.4 million vanished. An onchain investigation reveals a coordinated rug pull operation. Read more
Binance Under Investigation: Manhattan prosecutors are probing Binance for alleged Iran sanctions violations, just after moving to seize $61 million in Iranian oil money. Read more

By the Numbers

$18.43M: Total stolen by Robinhood Chain’s memecoin scammers.
$292M: Amount involved in KelpDAO’s lawsuit against LayerZero.
$351.6M: Amount lost in Bitget’s massive hack.
$100M: Value of Circle stake bought by Binance.
$61M: Iranian oil money laundered through Binance.

What This Means for Crypto Jobs

The Bitget hack underscores the need for robust security roles in crypto exchanges, while the SEC’s reduced capacity may slow regulatory hiring. With Binance’s legal issues, compliance and legal positions are crucial. Meanwhile, the memecoin scam on Robinhood highlights opportunities for fraud investigation and blockchain analysis roles.

Find your next crypto role at cryptogrind.com.

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weekly-roundup SEC Bitget Robinhood Binance

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