USDT Integration on Morph Chain: Bitget Pioneers Universal Exchange Model

In a groundbreaking move that reshapes digital asset infrastructure, Bitget has emerged as the first Universal Exchange (UEX) to integrate Morph Chain, a sophisticated Layer 2 blockchain solution designed specifically for global settlement of onchain payments. This strategic integration marks a significant milestone in cryptocurrency trading evolution, enabling users to seamlessly trade Morph ecosystem assets directly using USDT from their Bitget spot wallets. The partnership represents a major advancement in onchain payment infrastructure, combining Bitget's exchange expertise with Morph Chain's specialized settlement capabilities to create a unified trading experience. This development follows Bitget's substantial strategic transfer of 440 million B tokens, demonstrating the platform's deep commitment to expanding its onchain ecosystem and enhancing user accessibility. The integration eliminates traditional barriers between exchange trading and onchain operations, allowing traders to interact with Morph's growing ecosystem without the complexities typically associated with cross-chain transactions. By leveraging USDT as the primary trading pair, Bitget ensures liquidity and stability while providing users with familiar trading instruments. This Universal Exchange model positions Bitget at the forefront of cryptocurrency infrastructure innovation, potentially setting new industry standards for how exchanges interact with Layer 2 solutions. The Morph Chain integration not only enhances trading efficiency but also opens up new possibilities for decentralized finance applications and cross-border payment solutions. As the cryptocurrency landscape continues to evolve, this partnership demonstrates how traditional exchange functionality can seamlessly merge with advanced blockchain technology to create more accessible, efficient, and comprehensive digital asset services for users worldwide.

Bitget Integrates Morph Chain as First Universal Exchange, Expanding Onchain Ecosystem

Bitget has cemented its position as a pioneer in digital asset infrastructure by becoming the first Universal Exchange (UEX) to integrate Morph Chain, a LAYER 2 blockchain designed for global settlement of onchain payments. The integration allows seamless trading of Morph ecosystem assets using USDT directly from Bitget spot wallets.

The partnership follows Bitget's strategic transfer of 440 million BGB tokens to Morph in September, establishing BGB as the chain's native token. This collaboration accelerates the development of stablecoin-powered, programmable payment solutions with real-world financial utility.

The Morph integration builds upon Bitget's September ecosystem upgrade that unified four major blockchains - Ethereum, Solana, BSC, and Base - while introducing AI-driven Onchain Signals for smart money tracking. The exchange continues to bridge the gap between institutional-grade infrastructure and retail accessibility in digital asset markets.

Circle Reverses USDC Anti-Gun Policy Amid Republican Praise

Circle, the issuer of USDC, has reversed its policy prohibiting lawful firearm purchases using the stablecoin. The updated terms now only ban weapons transactions that violate applicable laws. This shift follows pressure from conservative groups Americans for Tax Reform and the National Shooting Sports Foundation.

Republican lawmakers have applauded the move, framing it as a victory against ideological financial discrimination. Senator Bill Hagerty likened the original policy to 'Choke Point–inspired mechanisms' designed to circumvent legislative processes.

The policy reversal comes as USDC surpasses USDT in on-chain activity, signaling potential shifts in stablecoin market dynamics. Circle's decision highlights the growing intersection between cryptocurrency policies and political ideologies in the United States.

DWF Labs Allegedly Loses $44M to North Korean-Linked Hackers in 2022 Incident

DWF Labs, a prominent crypto market-making firm, reportedly suffered a $44 million hack in September 2022, with on-chain investigators linking the attack to North Korean cybercriminals. The breach, undisclosed by the firm at the time, involved the draining of a wallet tied to DWF Labs, primarily holding USDC and USDT stablecoins.

The stolen funds were converted to Bitcoin via the Ren bridge and funneled through the Mixero mixer—a pattern consistent with tactics attributed to the DPRK-affiliated AppleJeus group. Blockchain analyst tanuki42 uncovered the incident, tracing the compromised address (0x3d67fdE4B4F5077f79D3bb8Aaa903BF5e7642751) and noting simultaneous exchange withdrawals, suggesting both private key and credential theft.