MYX Price Surges 190% With GATE Listing Today: Can It Flip $20 in September?

A recent Node Package Manager (NPM) attack stole just $50 worth of crypto, but industry experts say the incident highlights ongoing vulnerabilities for exchanges and software wallets.

Charles Guillemet, the chief technology officer of hardware wallet company Ledger, said in a Tuesday X post that the attempted exploit was a “clear reminder” that software wallets and exchanges remain exposed to risks.

If your funds sit in a software wallet or on an exchange, you’re one code execution away from losing everything,” he said, adding that supply-chain compromises remain a powerful malware delivery vector. 

Guillemet took the opportunity to advocate for hardware wallets, saying that features like clear signing and transaction checks would help users withstand such threats. “The immediate danger may have passed, but the threat hasn’t. Stay safe,” he added. 

Largest NPM attack stole only $50 in crypto 

The attack unfolded after hackers acquired credentials using a phishing email sent from a fake NPM support domain. 

Using their newly acquired access to developer accounts, the attackers pushed malicious updates to popular libraries. This included chalk, debug strip-ansi and more. 

The code they injected attempted to hijack transactions by intercepting wallet addresses and replacing them in network responses across several blockchains, including Bitcoin, Ethereum, Solana, Tron and Litecoin. 

TON CTO breaks down NPM attack

Anatoly Makosov, the chief technology officer of The Open Network (TON), said that only specific versions of 18 packages were compromised and that rollbacks were already published. 

Breaking down the mechanics of the attack, Makosov said compromised packages functioned as crypto clippers, which silently spoofed wallet addresses in products that relied on the infected versions.

This means web apps interacting with the aforementioned chains risked having their transactions intercepted and redirected without the knowledge of the users. 

He said that developers who pushed their builds within hours of the malicious updates and apps that auto-update their code libraries instead of freezing them to a safe version were the most exposed. 

Makosov shared a checklist on how developers can check if their apps were compromised. The main sign is whether the code is using one of 18 versions of popular libraries like ansi-styles, chalk or debug. He said if a project relies on these versions, it’s likely compromised. 

He said the fix is to switch back to safe versions, reinstall clean code and rebuild applications. He added that new and updated releases are already available and urged developers to act quickly to clear out the malware before it can affect their users. 

On-chain data shared by the @XRPwallets analytics account on the X platform shows that there is now one fewer cold XRP wallet at the largest U.S.-based cryptocurrency exchange, Coinbase.

According to the tweet, the number of cold XRP wallets at Coinbase has been falling quickly, along with the XRP stash held in those wallets.

Minus 16.5 million XRP at Coinbase

The XRP-focused analytics account @XRPwallets shared that over the past 24 hours, Coinbase has seen another 16.5 million XRP leave it into the ether from a cold wallet.

Instead of the eight cold wallets remaining today, Sept. 9, there are only seven wallets with 16.5 million XRP in each of them.

Three months ago, on June 9, the same account had tracked 52 cold wallets in total at Coinbase. Ten wallets among them contained 26.8 million XRP each, and 42 wallets held 16.5 million XRP each. Now, instead of 42 wallets with this amount of XRP, there are only seven remaining at Coinbase.

BlackRock uses XRP but does not launch ETF

As reported by U.Today earlier, this summer, the world’s largest wealth management company, BlackRock, inked a collaboration with the aforementioned crypto exchange, Coinbase. This platform is not only a custodian for its spot Bitcoin ETF. As of this summer, Coinbase began providing XRP to institutional customers of BlackRock’s investment firm, Aladdin.

The firm started offering Bitcoin services only, but now it has expanded its range of products. While BlackRock is using XRP in this way, it does not have plans so far to launch a spot XRP ETF, even though it has already rolled out ETFs based on Bitcoin and Ethereum.

But some experts believe that BlackRock’s rejection of this ETF might not last long.

Bitcoin and Ethereum are holding steady as optimism over potential U.S. rate cuts drives a cautiously bullish mood in the crypto market. Bitcoin has managed to sustain levels above $112K, reflecting resilience despite recent macro headwinds, while Ethereum trades around $4,300, showing relative stability amid mixed altcoin performance. Investors are increasingly pricing in Federal Reserve easing this month, with expectations ranging from a 25 bps to a 50 bps cut. This growing rate-cut optimism is fueling liquidity-driven bets, though caution remains ahead of the Fed’s September decision.

Bitcoin Breaks the Resistance

The BTC price has broken an important resistance zone, which validates a revival of a bullish trend. The token is consolidating above $112,000, a zone that has emerged as near-term support. In the times when the price was expected to test the support of the descending parallel channel, the potential rate cut has turned into a huge bullish catalyst. Now the question arises whether the current upswing is short-lived.

Hyperliquid trader “0xa523” has overtaken James Wynn to become the platform’s largest losing whale, racking up over $40 million in losses in under a month, according to onchain data.

In a Tuesday post on X, Lookonchain revealed that the trader’s downfall was driven by a string of high-leverage missteps, including a $39.66 million loss on Hyperliquid (HYPE), where he sold 886,287 tokens before the asset rebounded. Had he held the position, it would now be worth nearly $9 million more.

He later lost over $35 million on a long Ether (ETH) position, flipped to a short, and then lost another $614,000. His current Bitcoin (BTC) short is also underwater, showing an unrealized loss of $1.8 million, according to data from Hyperdash.

Hyperdash shows the wallet is running a $152 million position with 28.69x leverage and has a combined monthly loss of $39.5 million. Margin usage stands at 114.74%, with full exposure to short positions.

TL;DR

XRP Trades Below Fair Value Range, Analyst Says

XRP remains in the lower range of a long-term price channel, according to a chart shared by CryptoBull. The model places current price levels under $4 in a red zone marked as “undervalued.” The following two zones are higher, $4 to $45 in dark green, and $45 to $250 in light green, suggesting upside potential if market momentum continues.

#XRP is still within the undervalued red zone. Dark green price is $4-$45 and light green is $45-$250. pic.twitter.com/pGdI6F1Cwf

— CryptoBull (@CryptoBull2020) September 8, 2025

At present, XRP is trading at $3, with a 24-hour trading volume of $6.62 billion. The token has gained 2% in the last 24 hours and 7% over the past week. Based on this model, the asset has yet to enter what the analyst considers a fair value zone.Long-Term Structure Shows Multi-Phase Accumulation

Another analyst, Jackis, shared a broader view of XRP’s structure, identifying three main accumulation phases. The first phase began in 2022 and lasted until early 2024. A second phase followed in early 2025, showing a base forming between previous highs and support levels.

A third, smaller accumulation area is forming just under the 2017 all-time high, which was near $3.80. The price is now holding just below that level, in what Jackis called the “last tiny re-accumulation.” They noted, “XRP has not said its last word,” and suggested that moves like this often occur beforebreakouts.

They added that each accumulation phase has taken less time than the one before. This kind of structure, known for time compression, can signal that a larger move may be building. If current levels hold, their chart points to a possible move beyond $7.00 later this year.XRP Breaks Trendline After 49-Day Slide

XRP has also broken out of a downtrend that lasted 49 days, according to CryptoWZRD. The move came after the token pushed above a lower high trendline. If momentum holds, the analyst says $3.65 could be the next level to watch.

Meanwhile, exchange reservesreacheda 12-month high, suggesting more tokens have moved onto trading platforms.

Separately, Federal Reserve futures show a 78% chance of a 25-basis point rate cut on September 17. A rate cut would weaken the dollar, which often supports crypto assets like XRP.

In addition, over a dozen spot XRP ETF applications are currently under review by the SEC. The filings are expected to be addressed in October and are seen as a potential driver for market attention.

Bybit is stepping up its game for institutional investors. The world’s second-largest crypto exchange by trading volume has announced a strategic partnership with Switzerland’s Sygnum Bank to deliver bank-grade, off-exchange custody for crypto assets.

The move brings together Bybit’s deep liquidity and wide product range with Sygnum’s reputation for secure, regulated digital asset banking. For institutions looking for safer ways to trade crypto, this could be a game-changer.

Easy Trading Without Moving Funds

The partnership is centered around Sygnum Protect, a custody platform that lets institutions keep their assets off Bybit’s balance sheet while still trading spot and derivatives on the exchange.

Instead of shifting funds back and forth between the bank and the exchange, clients’ balances are mirrored on Bybit. Trading profits and losses are settled every eight hours, a setup designed to improve transparency and capital efficiency.

Swiss Security Standards at the Core

Sygnum is already the largest bank-operated off-exchange custody platform, supporting over half of global spot and derivatives trading volumes. Assets on the platform are protected under Swiss banking laws and secured by strict governance, independent audits, and advanced hardware and software controls.

Adding Bybit to its roster, which already includes Binance and Deribit, boosts Sygnum’s growing influence in institutional crypto services.

Bybit’s Custody Network Keeps Growing

For Bybit, this deal is part of a larger push to strengthen its custody offerings. The exchange already works with Fireblocks, Copper, and Cactus. With Sygnum on board, it now offers regulated Swiss-level custody within its ecosystem.

Exchanges and banks are working closer than ever to make crypto safer for institutions. Bybit’s latest move shows that the demand for regulated, reliable custody is only getting stronger.