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Drift Protocol, a Solana-based decentralized exchange (DEX), confirmed Thursday it was targeted in a roughly $280 million exploit, describing it as a “highly sophisticated operation.” The platform took to X on to share its findings from a preliminary investigation, saying that the attackers exploited Solana’s durable nonces, a mechanism enabling pre-signed transactions, to seize control

Metaplanet said it acquired 5,075 Bitcoin during the first quarter of 2026 for around $405 million or about $79,898 per coin, making the company the third-largest publicly-listed Bitcoin treasury, according to Bitcoin Treasuries data. The Tokyo-listed company now holds a total of 40,177 Bitcoin (BTC) on its balance sheet, with an aggregate cost basis of

Coinbase chief legal officer Paul Grewal said the US Digital Asset Market Clarity Act is “moving toward” a markup hearing in the US Senate Banking Committee and could eventually move to a floor vote if senators resolve the stablecoin yield dispute and schedule a markup. Speaking in a Wednesday interview on Fox Business, Grewal said

XRP (XRP) traded 64% below its multi-year peak of $3.66 on Thursday, as more signs of a potential deeper correction toward $1 emerged. Key takeaways: XRP faces stiff resistance above $1.40, where more than 1.1 billion tokens were previously acquired. Declining daily active addresses signal reduced transaction activity and cooling network demand for XRP. Muted

Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines. Key points: Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation. US dollar strength ramps up on the back of an anticipated breakout to yearly highs. Bitcoin would face “new

Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US commodities regulator over his role in the collapse of the crypto exchange and the misappropriation of user funds. As part of the supplemental consent order, Singh will be required to pay a disgorgement of $3.7

The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act. The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wider push by exchanges, brokers and crypto firms into prediction markets. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they

AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid a crypto bear market.  “The company will recommence building its Bitcoin Treasury when it believes market conditions are more favorable,”

Li Xiong, a key member of a group that helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money-laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei. “On April 1, with strong support from the relevant authorities in Cambodia