Drift said Wednesday's $280 million exploit was a result of unauthorized transaction approvals, facilitated through durable nonce mechanisms.
Japan-based firm strengthens its position with nearly $400 million purchase, surpassing MARA Holdings in global rankings.
XRP price charts remained bearish amid increasing signs that the $1 level could be tested as support in the coming weeks.
Japanese investment firm Metaplanet has made a major Bitcoin purchase, acquiring 5,075 BTC worth around $340 million in a single transaction. This boosts the company’s total holdings to 40,177 BTC, valued at roughly $2.7 billion, making it the third-largest corporate Bitcoin treasury globally. The firm has been steadily accumulating BTC, solidifying its position as Asia’s …
One of Solana’s most trusted DeFi platforms just became the victim of a massive heist. Drift Protocol has suffered a major exploit, with losses exceeding $285 million after an attacker gained control of key administrative permissions. Following the Drift Protocol exploit, the Drift token price crashed by 42%, now trading around $0.041. Drift Protocol Exploit …
The bill stipulates that members of a decentralized nonprofit association generally have no personal liability for its activities.
On April 1, U.S. spot Bitcoin ETFs saw significant net outflows totaling about $174 million as investor interest waned. Despite this overall drop, Grayscale’s Bitcoin Mini Trust (BTC) drew the largest single‑day net inflow of $10.25 million, standing out among Bitcoin funds. Spot Ethereum ETFs also experienced net outflows of roughly $7.1 million, but Grayscale’s …
MetaPlanet's aggressive Bitcoin strategy highlights the growing trend of corporate cryptocurrency investments, potentially reshaping financial landscapes.
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Increased tensions may hinder diplomatic efforts, impacting global markets and geopolitical stability, with traders anticipating military actions.
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The declining ceasefire odds highlight the complexities of diplomatic resolution and the potential for prolonged conflict escalation.
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While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions. Related Reading: Analyst Forecasts More Pain For XRP In Q2 – How Much Lower Can It Go? Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000. As its price closes the month in green, US spot BTC-based ETFs have also ended a multi-month negative spell on Tuesday. According to SoSoValue data, the funds pulled in $1.32 billion in March, registering their first monthly gain in 2026. The category has been registering outflows since November, with cumulative outflows of around $6.3 billion until February. Nate Geraci, co-founder of the ETF Institute, previously highlighted that spot Bitcoin ETF investors have “largely displayed diamond hands” despite the ongoing market correction and negative sentiment. As reported by NewsBTC, Geraci argued that the funds’ cumulative outflows since the October 10 crash were insignificant compared to the $56 billion in cumulative total net inflows the category has experienced since its January 2024 debut. Despite the positive monthly close, BTC ETFs ended a four-week inflow streak after investors pulled out $296.18 million from the investment products. Additionally, the funds ended Q1 on a negative note, as March inflows couldn’t offset the $1.81 billion redemptions from January and February. Therefore, spot Bitcoin ETFs closed the first quarter of 2026 with $496 million in outflows, their second-worst quarterly performance after Q4 2025’s $1.15 billion cumulative outflows. Solana Leads Altcoin ETFs Performance Similar to Bitcoin, Solana (SOL) ETFs closed March on a positive note and led altcoin-based funds, with inflows worth $45.44 million. This performance brought SOL investment products’ quarterly inflows to $213.1 million. Notably, the category has not seen monthly outflows since its launch in October 2025, printing six consecutive months of inflows. Following this performance, Solana ETFs are near the $1 billion milestone, currently having cumulative net inflows of $979.3 million. Nonetheless, Ethereum funds tell a different story, closing the month with $46 million in outflows. Unlike Bitcoin, the second-largest cryptocurrency extended its negative streak to five months, recording total outflows worth $3.21 billion since November. In addition, ETH investment products saw $769 million outflows in Q1. CoinShares recent report noted that Ethereum led all assets in outflows last week, shedding over $200 million for the second straight week, which may signal that institutional demand for the second-largest cryptocurrency has been slowing. Related Reading: Bitcoin ‘Absolute Bottom’ Next? Analyst Says BTC’s Final Shakeout Is Near Meanwhile, XRP funds recorded their first monthly outflows after investors pulled $31.3 million from the ETFs. The category has recorded a remarkable performance since launching in November, with over $1.24 billion in inflows in the first four months. It’s worth noting that despite the March setback, XRP ETFs saw positive net flows worth $42.52 million during the first quarter of 2026, only behind Solana funds. Featured Image from Unsplash.com, Chart from TradingView.com
Crypto prices today declined alongside global risk assets as rising oil prices and geopolitical tensions affected investor sentiment. The move followed recent public remarks by Donald Trump referencing continued conflict involving Iran and potential disruptions to energy supply routes. Oil prices rose more than six percent to above $103, based on market data, amid concerns …
Iran's reparations demand and Hezbollah's actions deepen diplomatic deadlock, reducing ceasefire prospects and impacting market confidence.
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Bitcoin (BTC) is losing momentum below $70,000, with repeated rejections signaling weakening buyer strength. While support near $63,000 continues to hold, the inability to reclaim higher levels is increasing the risk of a breakdown. As price tightens within this range, the market is nearing a decisive move that could shift short-term direction. Bitcoin price is …
The attacks on energy infrastructures exacerbate regional instability, reducing ceasefire prospects and increasing economic disruption risks.
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America’s top financial regulator has made a bold statement about traditional money. CFTC Chair Michael Selig says current financial systems are outdated and that blockchain networks are exactly what we need to bring finance into the 21st century.Let’s see why he says so. Why Selig Believes the Current System Is Outdated CFTC Chair Michael Selig …
China's mediation could pivot the crisis towards diplomacy, potentially reducing military tensions and influencing global geopolitical dynamics.
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Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark "new lows" across crypto and risk assets.
XRP is struggling to push above current levels. The market is uncertain. And on Binance, the supply of XRP available to be sold has not recovered — even after months of price weakness that should have brought sellers back. Related Reading: Ethereum Is Flashing a Warning Signal Most Holders Are Ignoring – Here Is What It Says A CryptoQuant report tracking Binance’s XRP supply structure has identified a condition that stands in direct contrast to what normally happens during a prolonged price decline: the reserve has not rebuilt. XRP reserve value on Binance currently stands at approximately $3.6 billion, while cumulative netflows remain deeply negative at -$11.4 billion. Those two figures together describe a market where coins have left the exchange and stayed left, not returning to the sell side despite every price-based incentive to do so. That is the detail worth pausing on. When prices fall significantly from their highs, exchange supply typically expands. Holders who bought at a higher price return to sell. Liquidity rebuilds. The book refills. None of that has happened here. The persistent negative netflow structure on Binance suggests something more durable than a temporary withdrawal — a broad, sustained migration of XRP away from the exchange and into private custody. XRP is struggling at current levels. The supply available to push it lower is also quietly running out. A Thin Book Does Not Guarantee a Rally The report’s market structure argument is precise and worth stating in full. When exchange reserves compress — when the pool of immediately available XRP on Binance shrinks — the venue’s capacity to absorb buying demand without moving the price diminishes proportionally. A thinner book means smaller inflows can produce larger price movements. The market becomes more reactive, not because sentiment has changed, but because the supply buffer that would normally cushion price swings has been removed. When that condition exists alongside deeply negative cumulative netflows — as it does now, with -$11.4 billion in net outflows and no meaningful rebuild — the picture becomes structural rather than cyclical. Withdrawals have consistently outweighed inflows across the entire measurement period. That is not a short-term anomaly. It is a sustained directional behavior that has compressed Binance’s XRP supply to a level that looks nothing like the periods of neutral market structure that preceded previous price recoveries. The report is careful about what this means and what it does not. Structural tightness is a condition, not a catalyst. It does not trigger a move. It amplifies one when a trigger arrives. With reserves at $3.6 billion and cumulative netflows at -$11.4 billion, the XRP supply environment on Binance has not normalized. It has tightened — and it has stayed tight. The market that existed before the drawdown was a different market. This one has less XRP to sell, less buffer to absorb demand, and less room for the price to remain indifferent to a change in buying pressure. Related Reading: XRP Is Quietly Leaving Binance. A Hidden Signal Says Something Is Building Beneath It XRP Stabilizes After Breakdown, but Structure Remains Weak XRP is trading around the $1.35 level after a sharp breakdown in February that decisively shifted the market structure to the downside. The chart shows a clear loss of trend, with price falling below all major moving averages and failing to reclaim them during subsequent recovery attempts. Since the capitulation move, XRP has entered a narrow consolidation range between approximately $1.25 and $1.50. This range reflects a temporary balance, but not strength. The 50-day and 100-day moving averages are both trending downward above price, acting as dynamic resistance and reinforcing the lack of bullish momentum. The 200-day moving average remains significantly higher, confirming the broader downtrend is still intact. Related Reading: Binance Inflows Suggest Money Is Starting to Move Back Into Crypto – Find Out What Changed Volume provides additional context. The spike during the February sell-off suggests forced liquidation or aggressive distribution, while the muted volume during the current consolidation indicates limited demand. Buyers are present, but not with enough conviction to reverse the trend. Importantly, XRP continues to print lower highs even within this range, signaling persistent selling pressure on rallies. Until price reclaims key moving averages and breaks above the $1.50 resistance with strength, the current structure favors continuation or extended consolidation rather than a confirmed recovery. Featured image from ChatGPT, chart from TradingView.com
Iran is tightening control over the Strait of Hormuz, asking some ships to pay transit fees in cryptocurrency or Chinese yuan for safe passage. Vessels from “friendly” nations are given priority, while others must negotiate tolls through an intermediary linked to the Islamic Revolutionary Guard Corps. Fees reportedly start at $1 per barrel of oil. …
The attack exacerbates tensions, reducing ceasefire prospects and increasing the likelihood of U.S. military escalation in the region.
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The treasury management system, built on Ripple's 2025 acquisition of GTreasury, lets CFOs view and manage digital assets alongside fiat in a single dashboard without separate custody or wallet infrastructure.
Bittensor (TAO) price just went through a classic high-volatility shakeout after a sharp rejection at $365, followed by a quick 10–12% pullback. On the surface, it looks like weakness. But under the hood, the data tells a different story. Volume surged to nearly $486 million, 168% above its daily average, right as price pulled back. …
Rising Gulf tensions diminish ceasefire prospects, potentially prolonging regional instability and impacting global economic dynamics.
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Drift Protocol shared that about $280 million was drained in a highly organized attack, affecting nearly half the funds in an associated wallet. The attacker took advantage of pre-signed durable nonce transactions, allowing them to delay execution and act at a strategic moment. By reportedly misleading several multisig signers through targeted social engineering, the attacker …
Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.
The crypto industry may soon see a major regulatory breakthrough in the United States under the CLARITY Act. According to Paul Grewal, Chief Legal Officer of Coinbase, a deal on the stablecoin rewards provision could be finalized within the next 48 hours. This has come after months of delays and disagreements between crypto companies and …
The impasse heightens geopolitical uncertainty, affecting market confidence and suggesting prolonged instability without diplomatic progress.
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EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, according to a public filing disclosed Wednesday. The move comes as US regulators under the current Trump administration have adopted a more receptive posture toward crypto firms seeking to operate under federal banking charters. EDX Seeks OCC Trust Charter To Court Big Banks EDX’s chief executive, Tony Acuña‑Rohter, who is slated to join the proposed trust’s board, told Bloomberg that the exchange expects large banks to drive the next phase of crypto adoption. He said securing an OCC trust charter would give EDX a competitive edge in servicing those institutions. By operating under a national trust charter, crypto firms can operate across state lines under a single federal regulator, rather than obtaining multiple state money‑transmitter licenses, simplifying custody, settlement, and fiduciary services for digital assets. Related Reading: Expert Finds Prime Bitcoin Buy Zone Below $60,000, Supported By This Vital Indicator EDX’s filing argued that the existing structure of many digital‑asset platforms concentrates multiple functions — brokerage, exchange, market‑making, and custody — within single vertically integrated firms, creating potential conflicts of interest and single points of failure. The company said moving custody, asset management, and trade settlement into an OCC‑chartered national trust bank would provide customers with the “most secure regulatory structure possible,” and would align digital‑asset market infrastructure more closely with the separation of duties customary in traditional equities and derivatives markets. The application places EDX among several crypto companies pursuing similar paths. In December of last year, five firms — including Circle (CRCL) and Ripple — received conditional approval for trust charters. However, not everyone in the financial sector supports that approach. Growing Bank Unease Over Crypto Trust Charters Some incumbent banks and industry groups have pushed back, concerned that expanding trust‑bank charters to crypto companies stretches the historical purpose of the charter and could introduce new risks. Rebeca Romero Rainey, president and CEO of the Independent Community Bankers of America, warned that conditional approvals could endanger consumers and create institutions that the OCC might struggle to regulate effectively. Related Reading: TAO Rockets 70% — Here’s What Fueled Bittensor Move And The Near‑Term Outlook She also argued that the new framework can permit stablecoin operators to access the federal banking system without meeting the same capital and regulatory standards required of full‑service, deposit‑taking banks. Yet, the OCC’s leadership has defended the approvals. Comptroller of the Currency Jonathan Gould said new entrants to the federal banking system can bring fresh products and services and boost competition, which he maintained would benefit consumers and the broader banking sector. Featured image from OpenArt, chart from TradingView.com
The legislation “embraces innovation, protects participants, and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings.