# Trenches Today — September 26, 2026

Canonical edition: https://trenchestoday.xyz/editions/2026-09-26
Published: 2026-09-26T05:03:55.112Z
Updated: 2026-09-26T05:03:55.112Z
Edition: 20260926
Revision: 1
Content hash: 14cdbbb68da869298dd0e0241a4f6b253d55d9e77499afcba2e243d89dff3029

> Circle and Tether froze funds in a hacker wallet following a Bitget crypto heist.

## Lead story: Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist

Circle and Tether froze funds in a hacker wallet following a Bitget crypto heist.

- Circle and Tether froze funds in a hacker wallet following a Bitget crypto heist.

Original source: [coindesk](https://www.coindesk.com/markets/2026/09/25/circle-and-tether-step-in-to-freeze-hacker-wallet-after-massive-bitget-crypto-heist)

## Complete edition

### Bitcoin

#### $15.6 Billion in Bitcoin Options Expire Friday—Here's What It Means

Topic: Bitcoin · Signal: rails

Decrypt reported via feed excerpt that $15.6 billion in Bitcoin options are expiring on Deribit with heavy call concentration and hedging pressure.

Edition link: https://trenchestoday.xyz/editions/2026-09-26#story-story_f07f84084d490bb165bd
Original source: [decrypt](https://decrypt.co/379093/15-6-billion-bitcoin-options-expire-friday-what-means)

### Ethereum & L2

#### ARK Invest brings $1.3 billion venture fund onchain through Securitize

Topic: Ethereum & L2 · Signal: rails

ARK Invest is bringing its ARK Venture Fund onchain via Securitize on Ethereum.

Edition link: https://trenchestoday.xyz/editions/2026-09-26#story-story_0e501826b430efe68748
Original source: [the-block](https://www.theblock.co/news/markets/2026-09-24-ark-invest-tokenizes-arkvx-venture-fund-securitize-416294)

### Markets & Macro

#### Borrow Against Your Bitcoin at a Fixed Rate: Coinbase Expands Morpho Loans - Decrypt

Topic: Markets & Macro · Signal: rails

Coinbase launched fixed-rate USDC borrowing against Bitcoin powered by Morpho Midnight, allowing users to lock in interest rates and repayment dates.

Edition link: https://trenchestoday.xyz/editions/2026-09-26#story-story_c80986c2534905f526e7
Original source: [decrypt](https://decrypt.co/379091/borrow-against-bitcoin-fixed-rate-coinbase-morpho)

## Corrections

No corrections recorded for this revision.

## Use and attribution

Trenches Today is a source-linked editorial synthesis. Cite the canonical edition URL and retain links to the original reporting when referring to a specific claim.