Bitget Raises Confirmed Incident Amount to $387.5M, Withdrawal Resumption Plan Due by Sept. 26 Bitget CEO Gracy Chen said in a post that the security incident has been contained and that no further unauthorized asset transfers are possible. Bitget will announce its withdrawal resumption plan by 4:00 AM UTC on September 26. Chen said Bitget has confirmed that approximately $387.5 million in assets were transferred to attacker-controlled addresses, up from the initial estimate of $351.6 million. The higher figure reflects additional Zcash and TRON assets identified during tracing and does not represent new theft. Bitget has also launched a recovery bounty program offering 5% of successfully frozen or recovered funds to eligible participants who directly contribute to those efforts.

NSCALE RAISES $3.36B AHEAD OF NYSE IPO Nvidia-backed AI cloud provider Nscale raised $3.36B through convertible notes led by Third Point. The round includes $2.36B at closing plus a separate $1B commitment from Nvidia, expected to fund in mid-November. The notes will automatically convert into equity when Nscale completes its IPO, with Nvidia receiving non-voting shares. Nscale says it now has more than $103B in total contracted value across its AI infrastructure platform, which spans power, liquid-cooled data centers and large-scale GPU clusters.

Canaccord raises $META PT to $950, saying Muse’s 2.5M+ downloads in 2 weeks and expanding access through glasses, Mac and a dedicated device strengthen the case for AI monetization via subscriptions and transaction fees.

BOFA RAISES 10-YEAR TREASURY YIELD TARGET TO 5% Bank of America raised its year-end U.S. 10-year yield forecast to 5.0% from 4.5%, citing fiscal concerns and broader market risks. The bank also lifted its 2-year yield forecast to 5.0%. BofA sees risks from Iran, fiscal pressures, trade tensions and AI uncertainty, while also raising its H2 Brent oil forecast to $95 per barrel.