September rates haven’t cooled yet, but October is already heating up.
According to FedWatch, the probability of the Fed raising interest rates again in October has climbed to 70%, up 15% from yesterday.
Of course, this is only the current market expectation. The Fed will still need more economic data, especially September inflation figures, before deciding whether to raise rates or keep them unchanged at the end of October. 👀
Here’s what we got for you today:
👀 Easy portfolio rebalancing guide
⭐ Bitget hit by $351M crypto hack
⭐ Copper is crushing Gold in 2026
🔥 Burning hot takes for the road
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This guide breaks down a simple strategy beginners can actually use 👇
🚨 BITGET SUFFERS $351M+ EXPLOIT: BIGGEST CRYPTO HACK OF 2026
In the early morning of September 25, 2026, anomalous transactions began draining millions from Bitget. Soon after, Bitget CEO officially confirmed that hackers breached the exchange and made off with roughly $351.6 million in crypto assets.
This massive loss officially crowns Bitget as the largest crypto hack of 2026, surpassing Liquid Network ($320M), Drift Protocol ($295M), and Kelp DAO ($293M).
1/ How the Hack Went Down: A 20-Minute Blitz
On-chain data provided by Arkham showed a coordinated, high-speed drain across multiple chains:
The hacker executed a series of massive transfers in a tight 20-minute window, targeting several hot wallets and warm wallets (as well as at least one tagged cold storage wallet).
A primary hacker address (
0x770b...63Ee) repeatedly received incoming funds across multiple blockchains simultaneously.The attacker stole a wide mix of tokens including XRP, ETH, BNB, AVAX, USDT, USDC, and XAUT.
To prevent stablecoin issuers (like Tether or Circle) from freezing the funds, the hacker immediately swapped the stolen EVM-based assets straight into ETH.
2/ The Suspected Attack Vector: Backend Compromise
Bitget initial investigations confirmed that private keys were not leaked, ruling out a simple key compromise. Instead, the team is investigating more complex and sophisticated attack vectors:
CEO Gracy Chen revealed that the most likely cause was a hacker breaching the wallet service's backend system, allowing them to forge valid withdrawal requests.
Bitget is also investigating potential insider threats (similar to the Drift Protocol exploit earlier this year) or a compromised third-party infrastructure (reminiscent of the massive $1.4B Bybit hack in 2025).
The attack hit right in the middle of Bitget's 8th-anniversary celebration month. On-chain analysts noted direct ties between the stolen XRP funds from Bitget and the July hack of AFX Trade, pointing fingers at North Korea’s notorious Lazarus Group.
3/ Is Your Account Safe? Bitget’s Emergency Response
Bitget took immediate action to contain the fallout and reassure its user base. Withdrawals were temporarily disabled while security teams patch the vulnerability. Deposits and regular trading remain fully operational.
The majority of Bitget's assets stored in deep cold wallets remain completely secure. Bitget promised to fully compensate all affected users using its $464 million User Protection Fund.
CEO Gracy Chen emphasized that Bitget is well-capitalized, will continuously share transparent updates, and will not shut down.
Bitget's native token (BGB) held up surprisingly well, dropping only around 5% following the news.
🧠 My Analysis
This attack brings 2026's total crypto exploit losses well past $1 billion.
According to recent reports by BlockAid, the first half of 2026 saw a record spike in exploits, largely driven by the rise of advanced AI auditing tools that hackers use to discover long-dormant code bugs and backend flaws faster than security teams can patch them.
The AI IPO Rush Is Coming
OpenAI and Anthropic could bring a new wave of AI attention to the public markets. But investors don’t have to wait for the IPOs.
MarketBeat’s 7 AI Stocks to Buy Now report reveals 7 publicly traded companies positioned to benefit from the next phase of AI investment.
🥉 IS COPPER THE "NEW GOLD"? RECORD HIGH SHOWS IT OUTPACING GOLD IN 2026
Copper futures just hit an all-time high of $6.95 per pound, and it’s sparking real chatter across trading desks about whether copper is closing the gap on gold as a store of value.
While gold has essentially traded sideways in 2026, copper is having one of its most explosive years in history.
1/ Copper Moons While Gold Goes Nowhere
The contrast between the two metals this year couldn't be starker:
Copper prices are up nearly 20% this year (and up over 46% over the past 12 months). Over just the last 6 months alone, copper surged 22%.
Gold is up a tiny 0.02% in 2026.
While gold looks flat on paper, it actually had huge volatility. It spiked above $5,600 per ounce in late January 2026 due to safe-haven demand from Middle East tensions, before dropping hard within days and taking months just to claw back to break-even.
2/ Supply Squeeze & The AI Data Center Demand Shock
Why is copper pumping so hard? It comes down to basic math: low inventory and a massive new wave of demand.
Cathode copper stocks in Shanghai warehouses fell to just 43,900 tons (the lowest since 2023). Available inventory on the London Metal Exchange (LME) is down to just 133,725 tons.
Famous "Big Short" investor Michael Burry has been heavily betting on copper miners. His reasoning? It takes about 18 years to open a new copper mine, but AI data centers are creating a huge surge in demand every 2 to 3 years.
→ That supply-demand gap is huge.
A brief delay in U.S. tariff plans on refined copper caused an 8% drop earlier in September, but prices quickly bounced back to set new records. Traders are now waiting on an upcoming U.S. Department of Commerce decision on imported refined copper tariffs, which could trigger the next big move.
3/ Is Copper Really Replacing Gold?
Despite the headline-grabbing rally, copper isn't taking gold's crown as global money anytime soon.
Gold is sitting on a global market cap of nearly $30 trillion, backed by central banks around the world holding it as reserve assets. Copper isn't held by central banks as money.
Gold derives its value from being a monetary store of value, while copper's boom is driven by real-world industrial demand, powering the green transition, electrical grids, and AI infrastructure.
🧠 Growth vs. Size
In 2026, copper is clearly winning the growth story, even if gold remains the king of total market size. The AI boom is fundamentally changing how investors look at industrial commodities.
Copper might not replace gold as a safe-haven asset during a market crash, but if you're looking for where structural demand is flowing, red metal is proving to be the real winner this year.
🔥 BURNING HOT TAKES FOR THE ROAD
Could USDT be facing major risk? Tether’s offshore bank account was just frozen, and traders are worried. Read more
The U.S. Federal Reserve is officially moving forward with proposals to implement the GENIUS Act for stablecoins. Read more
Trump wants to rebrand AI as "Super Intelligence - SI" to accelerate growth and outperform China at all costs. Read more
The S&P 500 closed flat, but a fierce divergence is raging beneath the index. Massive winning and losing stock split. Read more
Tether is bringing USDT, the world’s largest stablecoin, natively to Bitcoin. $BTC ( ▲ 1.34% ) ecosystem season is loading. Read more
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