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Wave of DeFi Hacks Follows $280M Drift Breach

At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo Finance, BSC TMM, Aethir, MONA, Zerion and, most recently, Rhea

Zanzibar Police Question Crypto Founder After Fiancée’s Death

Zanzibar police are reportedly holding Asymmetric founder Joe McCann for questioning after the death of his fiancée, Ashly Robinson. Police in Zanzibar are reportedly holding Joe McCann, a crypto trader and the founder of the crypto fund Asymmetric, for questioning after his fiancée died while the pair were on vacation. McCann’s fiancée, Ashly Robinson, 31

Sanctioned Exchange Grinex Halts Trading After $14M Hack

Sanctioned crypto exchange Grinex said it has suspended trading after losing more than 1 billion Russian rubles ($13.7 million) to an attack bearing signs of involvement by foreign intelligence agencies. The exchange, which is registered in Kyrgyzstan but has been linked to Russia’s crypto ecosystem and alleged sanctions evasion, said on Thursday that the funds

Paulson Urges Emergency Plan for Potential Treasury Demand Collapse

Former Treasury Secretary Henry Paulson has urged US authorities to prepare a contingency plan for a potential future collapse in demand for US Treasurys, warning that the fallout would be “vicious.” “We need an emergency break-the-glass plan, which is targeted and short-term, on the shelf, so it’s ready to go when we hit the wall,”

What Will Restart Bitcoin’s Rally After Stalling at $76K?

Bitcoin (BTC) struggles to reclaim price highs above $76,000, but analysts say that the uptrend may continue if key conditions are met. Bitcoin’s 8% climb over the last three days saw it reclaim key levels, including the 50-day exponential moving average (EMA) at $71,000. “$76K is the level that decides everything,” analyst Crypto Patel said

Class Action Targets Circle Over $280M Drift Exploit

Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1. The lawsuit was filed by Drift investor Joshua McCollum on behalf of over 100 members in a US district court in Massachusetts

Whales Push Bitcoin Toward $90K After 270,000 BTC Accumulation

Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales have accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Key takeaways: Whales bought roughly 270,000 BTC in the past 30 days. BTC broke out of its symmetrical pattern setup with a measured target at around $92,220.

Bitcoin Rallies After $283M Liquidation, Spot Demand Lags

Bitcoin (BTC) traded between $75,000 and $73,000 over a three-hour period during the New York market open on Thursday, and the abrupt downside move liquidated $283 million in futures positions. The resulting short squeeze pushed BTC back toward $75,000, but sustaining the rebound will require steady buying volume in the spot market. BTC rebounds amid

Negative Bitcoin Funding Persists Above $75K

Key takeaways: Negative Bitcoin futures funding rates signal bear-market losses and forced liquidations rather than a shift in sentiment.  Institutional inflows into Bitcoin ETFs and corporate accumulation suggest that spot demand remains solid. Bitcoin (BTC) sold off in early trading hours at the US stock market open, briefly losing the $75,000 level before rebounding. This

Josh Stark Leaves Ethereum Foundation

Josh Stark, a key researcher and project manager at the Ethereum Foundation, the non-profit organization that stewards development of the Ethereum ecosystem, said Thursday that he is departing the organization after five years. Stark did not provide a specific reason for his departure and said in a post on X that he has “no plans
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