🔈🔈 CRYPTO MARKET NEWS UPDATE – SEPTEMBER 29, 2026

💥 BTC is trading around $83,300 as crypto exchange shutdowns, security incidents, regulatory developments and major blockchain infrastructure updates dominate today’s headlines.

💎 Top News Today:
✔️ CoinEx begins shutting down after nine years — Crypto exchange CoinEx is winding down operations today, with most exchange services scheduled to cease on September 29. The exchange cited prolonged market challenges, declining trading volume and liquidity, as well as rising regulatory and compliance costs.
✔️ Bitget resumes ETH withdrawals following $388M exploit — Bitget is scheduled to reopen ETH withdrawals today at 08:00 UTC across Ethereum, BSC, Arbitrum, Base and Optimism. The exchange is restoring services in stages after last week’s security breach.
✔️ Bitget hacker swaps another $6.3M into Bitcoin — A wallet linked to the Bitget attacker reportedly exchanged around $6.3M in ETH for BTC through THORChain after the network rejected Bitget’s request to block the hacker-linked addresses.
✔️ South Korea’s ruling party backs delay to crypto tax — Lawmakers from South Korea’s ruling Democratic Party have joined calls to postpone the country’s planned cryptocurrency taxation regime, currently scheduled to take effect on January 1, 2027. Supporters of the delay argue that the legal and tax infrastructure is not yet sufficiently prepared.
✔️ SEC expands guidance on crypto activities — The U.S. SEC has updated its guidance on when certain crypto activities may fall outside federal securities laws, addressing areas including token buybacks, network development and staking-receipt tokens.

📌 Today’s Focus:
Exchange security and regulatory developments remain at the center of today’s crypto news, with CoinEx beginning its shutdown, Bitget continuing its post-hack recovery, stolen funds moving through THORChain and South Korea reconsidering the timing of its crypto tax regime.