Sep 26, 2026 · 7 min listen · Last updated September 26, 2026
From storyflo. This is your daily audio brief. Dex here — September 26th. Five that moved the crypto tape overnight. Here's the first. Let's get into it. First, from Bitcoinist. Kraken Launches US Crypto Borrowing With Up To 3x Buying Power.
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Daily Crypto Brief · September 26th
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Kraken Launches US Crypto Borrowing With Up To 3x Buying Power
- Kraken has launched Kraken Borrow US for eligible customers in 48 states. - Users can borrow against supported assets to buy additional crypto, with total buying power of up to three times eligible collateral value. - The product has no fixed repayment deadline or minimum payment, but interest and liquidation risk still apply.
Bitcoin dominance falls below 60%, signaling potential altcoin season
The shift in Bitcoin dominance may indicate a changing crypto landscape, potentially limiting altcoin growth due to ETF-driven capital flows. The post Bitcoin dominance falls below 60%, signaling potential altcoin season appeared first on Crypto Briefing.
EU faces September 30 clock to decide future of DeFi loans
The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers to DeFi loans. Its September 24 response calls for a cost-benefit analysis of possible duties for intermediated borrowing and lending, and for crypto-asset service providers (CASPs) that give clients access to DeFi lending through interfaces or products. A loan can run on an on-chain protocol while a company supplies the app that brings a customer to it.
Bitget Confirms $351.6M Hot Wallet Breach And Pauses Withdrawals
Bitget confirmed a breach affecting $351.6 million across its hot and warm wallets, but its cold wallets remain secure. They’ve paused withdrawals while working with law enforcement and security firms to investigate. The good news is that their User Protection Fund, which exceeds $464 million, should cover the losses, meaning customer balances are intact for now.
Deposits and trading are still active, but the pause on withdrawals might be a concern for users wanting to move assets. The focus now is on understanding how the breach happened and ensuring all affected wallets are contained. Bitget promises a detailed report within 24 hours, which should clarify the situation further.
This incident underscores the importance of distinguishing between exchange custody and self-custody. If you’re looking for low-fee crypto exposure, our markets partner Kraken supports Bitcoin — link in show notes.
Bitget hacker withdraws $1.23M from Binance, funnels funds to attacker-controlled wallet
$1.23 million was withdrawn from Binance by the hacker behind the Bitget breach, moving the funds into a wallet they control. This incident is stirring up discussions about the security shortcomings in crypto exchanges and the pressing need for better protective measures across the board.
It’s a reminder that while we’re all excited about the potential of crypto, the risks are still very real. This hack could push exchanges to ramp up their security protocols, and we might see more collaboration between platforms to tackle these vulnerabilities.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports Bitcoin — link in show notes.
Paxos Labs Launches Gold Token That Can Earn A Return In Gold
Paxos Labs just rolled out PAXGy, a new token backed by PAXG that aims to increase its value relative to gold over time. The twist here is that the reserves backing PAXGy are lent to vetted institutional borrowers in the gold-leasing market, which means there's potential for returns, but it’s not guaranteed. So, if you hold PAXGy, your token count stays the same, but its redeemable value in PAXG could grow.
However, it’s important to note that this strategy introduces risks that plain gold doesn’t have. If borrowers default or the lending strategies falter, the value of PAXGy could drop. So, while PAXG offers straightforward exposure to physical gold, PAXGy adds a layer of complexity with yield potential and associated risks.
This launch is part of a broader trend where tokenized gold has surpassed $5 billion in total value, with trading volume on the rise. PAXGy is designed to make that market more productive by connecting gold to traditional lending practices. It’s an interesting shift in how we think about asset tokenization, moving beyond just digitizing ownership.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports PAXG — link in show notes.
HIFI Raises $37M Series A to Build Settlement Rails for Tokenized Money
HIFI just secured $37 million in a Series A round led by Left Lane Capital. This funding is aimed at enhancing their stablecoin infrastructure, which currently handles over $7 billion annually. They've seen impressive growth, with user engagement increasing fourfold in just six months. The platform is now supporting over 10,000 businesses and 200,000 individuals, facilitating payouts in 87 countries.
They're also involved in significant projects, like Sumitomo's cash management overhaul and Dapper's digital marketplaces. HIFI's recent innovations include stablecoin payouts via Visa Direct, making them a key player in the evolving landscape of tokenized money. With federal frameworks for payment stablecoins now in place, HIFI is poised to expand its regulatory licenses and team, focusing on the complex challenges of custody and control in capital markets.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports USDC — link in show notes.
HIFI Raises $37M To Build Stablecoin And Tokenized Market Infrastructure
HIFI just raised $37 million in a Series A round led by Left Lane Capital. This funding is set to enhance their stablecoin payment systems, card products, and the infrastructure for tokenized capital markets. Right now, HIFI is processing over $7 billion in annual volume across 87 countries, which is pretty impressive.
Their focus is on bridging traditional banking with stablecoin settlements. They've been involved in notable trades with big players like BlackRock and Goldman Sachs, and they’re also working with Visa to enable stablecoin payouts on their cards. This positions HIFI uniquely between blockchain technology and the financial institutions that require cash settlements.
The idea here is that tokenized markets can function more efficiently if the cash side of transactions moves as quickly as the assets themselves. HIFI is betting that their infrastructure will play a key role in this evolving landscape, where traditional payments and stablecoin transactions are increasingly intertwined.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports HIFI — link in show notes.
Solana (SOL), Zcash (ZEC), Chainlink (LINK) and Cardano (ADA) Price Analysis For September 26: Market Retains Bullishness
Solana (SOL) is holding strong around $119, having recently broken through the psychological $100 mark. The resistance sits between $120 and $122.50, while support levels are at $115 and $110–$112. The RSI is in the mid-60s, suggesting there's room for further gains if the momentum continues.
Zcash (ZEC) has pulled back to about $1,585 after testing the $1,600–$1,680 resistance. Despite this, the trend remains bullish with higher highs and lows, though a correction could be on the horizon if it dips below $1,500.
Chainlink (LINK) is showing solid momentum as it hovers around $13.82, with resistance at $14.20–$14.50. It’s above all major moving averages, and the RSI indicates potential for more upside, but keep an eye on support at $13 and $12.40–$12.50.
Cardano (ADA) is attempting a breakout above its 200-day moving average, trading at about $0.252. Immediate resistance is at $0.26, and support lies between $0.24 and $0.245. A solid close above these levels could signal a stronger upward trend.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports SOL, ZEC, LINK, and ADA — link in show notes.
Ethereum node sync improved to under half a day with EIP-4444 optimizations
EIP-4444's optimizations enhance Ethereum's accessibility, reducing entry barriers for node operators and promoting network decentralization. The post Ethereum node sync improved to under half a day with EIP-4444 optimizations appeared first on Crypto Briefing.