This Week in Crypto (September 21–28): Bitget Loses $351.6M to a Spoofed Authorization, the Fed Writes the Stablecoin Rulebook, and Bond Yields Hit a Nineteen-Year High While Crypto Rallies Anyway

Two things happened this week in crypto that are not supposed to happen together. The 10-year Treasury yield broke above 5.1% on September 23, its highest in nineteen years, and bitcoin rallied into it while $2.4 billion of ETF money arrived. Then Thursday supplied the counter-