BREAKING

Sep 2853 Memecoins on Robinhood Chain Turned Out to Be One Crew. They Took $18.4M, and Each Rug Paid for the Next●Sep 27KelpDAO Is Suing LayerZero for the $292M Hack. Its Evidence: LayerZero Signed Off on the Exact Setup That Got Drained●Sep 26The SEC Is About to Be Two People. 'Crypto Mom' Hester Peirce Just Quit, and Nobody Has Been Nominated to Replace Her●Sep 25Hackers Took $351.6M From Bitget Without Stealing a Single Private Key. They Forged the Transfer Orders and Bitget's Own Signing Machines Approved Them●Sep 24BitMEX Invented the 100x Perpetual Swap, Beat a Criminal Case With a Presidential Pardon, Then Lost to the Product It Created. Leave Money There Now and It Costs You $50 a Month●Sep 23Circle Pays Binance Every Month to Push USDC. Now Binance Owns $100M of Circle, and the Filing Landed the Same Day the Sanctions Probe Leaked●Sep 22Last Week Manhattan Prosecutors Moved to Seize $61M of Iranian Oil Money That Ran Through Binance. This Week They're Investigating Binance●Sep 21Polymarket's Payment Processor Was Rejecting 80% of US Deposits as Fraud. The CEO's Reported Answer: Keep Growing, Pay the Fine Later●Sep 20Robinhood Wallet Users Bought Dogwifhat With Credit Cards and Earned Cash Back, Because Visa Was Told They Were Buying E-Books●Sep 19The Senate Needed 60 Votes to Give Crypto a Rulebook and Got 49. The CFTC Needed Zero, and Just Filed One With the White House.●Sep 2853 Memecoins on Robinhood Chain Turned Out to Be One Crew. They Took $18.4M, and Each Rug Paid for the Next●Sep 27KelpDAO Is Suing LayerZero for the $292M Hack. Its Evidence: LayerZero Signed Off on the Exact Setup That Got Drained●Sep 26The SEC Is About to Be Two People. 'Crypto Mom' Hester Peirce Just Quit, and Nobody Has Been Nominated to Replace Her●Sep 25Hackers Took $351.6M From Bitget Without Stealing a Single Private Key. They Forged the Transfer Orders and Bitget's Own Signing Machines Approved Them●Sep 24BitMEX Invented the 100x Perpetual Swap, Beat a Criminal Case With a Presidential Pardon, Then Lost to the Product It Created. Leave Money There Now and It Costs You $50 a Month●Sep 23Circle Pays Binance Every Month to Push USDC. Now Binance Owns $100M of Circle, and the Filing Landed the Same Day the Sanctions Probe Leaked●Sep 22Last Week Manhattan Prosecutors Moved to Seize $61M of Iranian Oil Money That Ran Through Binance. This Week They're Investigating Binance●Sep 21Polymarket's Payment Processor Was Rejecting 80% of US Deposits as Fraud. The CEO's Reported Answer: Keep Growing, Pay the Fine Later●Sep 20Robinhood Wallet Users Bought Dogwifhat With Credit Cards and Earned Cash Back, Because Visa Was Told They Were Buying E-Books●Sep 19The Senate Needed 60 Votes to Give Crypto a Rulebook and Got 49. The CFTC Needed Zero, and Just Filed One With the White House.●

BTC -- --%

ETH -- --%

Fear & Greed F&G 74 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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