Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges
Australia implements a landmark regulatory framework requiring cryptocurrency exchanges and custodians to obtain formal financial services licenses. The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to acquire financial services licenses. This mandate applies to any digital asset service provider operating within the country’s jurisdiction to enhance transparency and investor safety. The […]
Gemini Tags Ripple Community in Newly Minted 150 Million RLUSD
Gemini hot wallets linked to 150 million new RLUSD stablecoins on XRP Ledger.
Google Launches Affordable AI Video Generator Veo 3.1 Lite
Google has unveiled a new AI model for video generation, significantly reducing costs compared to previous solutions. Veo 3.1 Lite is now available to developers via the Gemini API and Google AI Studio. Its usage costs are two to three times lower than those of the Veo 3.1 Fast version. The model supports the creation of videos based on text and images in both horizontal and vertical formats. Users can choose between 720p or 1080p resolution and video durations of four, six, or eight seconds. For comparison, generating a second of content with sound in the basic Veo 3.1 cost about $0.4. The Fast version is priced at $0.15 per second, while Lite costs $0.05 when using 720p resolution. Video generation pricing across different Veo 3.1 versions. Source: Google. An eight-second video is created in less than a minute. Notably, Google released this new solution and reduced video generation costs shortly after OpenAI shut down its Sora project. Although official reasons were not provided, experts attribute the decision to high service maintenance costs. Meanwhile, Logan Kilpatrick, Head of Product at Google AI Studio, stated during the Veo 3.1 Lite presentation: "Video is here to stay." Sora's Closure Spurs Competition A week after Sora's closure, alternative AI generators like Kling AI and Runway have shown a confident increase in their user base. The number of weekly active users of Kling AI from China's Kuaishou Technology increased by 4%, reaching 2.6 million. Before OpenAI's announcement, the project already led in monthly audience: in March, it had 7.8 million compared to Sora's 4.7 million. Source: Bloomberg. Competing platforms Runway and Vidu also recorded a 1% increase in weekly users. Sora was launched as a standalone application in autumn 2025. Initially, it generated significant buzz due to its user-friendly interface and social features. However, its popularity proved short-lived: since the beginning of the year, the number of monthly active users has steadily declined. The exit of a major player opens new financial opportunities for Kling AI. A week after OpenAI's announcement, the Chinese company informed analysts that it expects more than a twofold increase in annual revenue. Back in February, Kuaishou introduced the third version of the Kling AI video generator.
21+ Best Bitcoin & Crypto Casinos & Gambling Sites South Korea: Our Top Picks Ranked
South Korea has become one of Asia’s most technologically advanced nations, and this innovation extends into the world of online gambling. We’ve compiled a comprehensive list of the best crypto casinos available to South Korean players, thoroughly testing each platform for security, game selection, and overall user experience. We have personally tested and reviewed each [...] The post 21+ Best Bitcoin & Crypto Casinos & Gambling Sites South Korea: Our Top Picks Ranked appeared first on Blockonomi.
Moody’s Assigns First-Ever Rating to Bitcoin-Backed Municipal Bond in Historic Crypto Finance Move
TLDR: Moody’s assigned a provisional Ba2 rating to a $100M Bitcoin-backed New Hampshire municipal bond, a market first. The bond requires 160% Bitcoin overcollateralization held by BitGo, with no taxpayer backing involved at all. The speculative-grade Ba2 rating targets risk-tolerant investors while excluding most conservative institutional portfolios. Bitcoin’s entry into credit rating systems could reshape [...] The post Moody’s Assigns First-Ever Rating to Bitcoin-Backed Municipal Bond in Historic Crypto Finance Move appeared first on Blockonomi.
Gold Spot Volume on Binance Surges to $80M as Demand Extends Beyond Futures
TLDR: Gold spot trading on Binance reached nearly $80M shortly after launch, showing rapid market adoption. Despite a 15% correction, gold continues attracting investors seeking stability during uncertain macro conditions. Binance recorded over $80B in gold futures volume, reinforcing strong demand across derivatives markets. Integration of gold into crypto platforms reflects growing convergence between traditional [...] The post Gold Spot Volume on Binance Surges to $80M as Demand Extends Beyond Futures appeared first on Blockonomi.
Solana price confirms bearish crossover following Drift exploit, will it crash?
Solana price fell nearly 9% following a major exploit on its Drift Protocol DeFi platform that drained nearly $300 million in digital assets. According to data from crypto.news, Solana (SOL) price fell 9% to an intraday low of $78.6 on…
Fed Governor Calls For Strong Stablecoin Oversight As CLARITY Act’s Final Text Gets Delayed
US Federal Reserve (Fed) Governor has warned about the potential risks that stablecoin may pose to financial stability and urged for strong oversight, as the industry awaits the final text of the highly anticipated crypto market structure bill. Related Reading: SEC Questioned Over Treatment Of Trump’s ‘Crypto Backers’ Amid Enforcement Chief Exit Fed Governor Calls […]
Iran’s foreign minister targeted in assassination attempt, wife killed
The assassination attempt underscores Iran's political instability, yet market skepticism persists without clear signs of regime collapse. The post Iran’s foreign minister targeted in assassination attempt, wife killed appeared first on Crypto Briefing.
Macron pushes for trust to reopen Strait of Hormuz, impacting ceasefire odds
Macron's diplomatic efforts could shift geopolitical dynamics, potentially reducing military tensions and influencing global energy markets. The post Macron pushes for trust to reopen Strait of Hormuz, impacting ceasefire odds appeared first on Crypto Briefing.
Archer Aviation (ACHR) Stock Gains 5% Despite Mixed Q4 Earnings Report
ACHR stock jumped 5% to $5.185 despite missing Q4 estimates. Institutional ownership exceeds 59%, and FAA accepted its eVTOL plan for late 2026 flights. The post Archer Aviation (ACHR) Stock Gains 5% Despite Mixed Q4 Earnings Report appeared first on Blockonomi.
RWA Segment Activity Surges by 80% in a Month
The volume of tokenized stock transfers in March reached $2.87 billion, setting a new historical high. Over the past 30 days, this figure has increased by more than 80%. The total value of RWA securities reached $942 million, marking a 2.65% increase over the month. Statistics on tokenized stocks. Source: RWA. The number of tokenized stockholders exceeded 200,000 (+16.82% over 30 days); the number of active addresses was 95,755. Near Monopoly The majority of assets in the segment are concentrated with the Ondo project — $560.9 million. In second place is xStocks ($243.5 million), followed by Securitize ($58.4 million). Asset values by individual projects. Source: RWA. Tokenized shares of Circle Internet Group are the most popular among investors, with a total value of $143.5 million. Also in the top are Exodus Movement ($58.4 million) and Tesla xStock ($48.78 million). The total value of RWA reached $27.5 billion: The total value of tokenized assets increased by 1.4% over the last 30 days. Source: RWA. The majority of tokenized assets are issued on the Ethereum base — 56% ($15.4 billion). BNB Chain is also in demand — 12.7% ($3.5 billion) and Solana — 7.27% ($2 billion). The most popular financial instrument is U.S. Treasury bonds in the form of RWA. Their total value is approaching $13 billion. Network rankings and the most popular classes of tokenized assets. Source: RWA. The RWA segment is increasingly institutionalizing, deeply integrating with traditional finance. In March, the New York Stock Exchange partnered with the Securitize platform to create infrastructure for round-the-clock operations with new types of stocks. Also last month, the SEC authorized Nasdaq to trade digital assets. The exchange will develop its own platform in collaboration with Kraken. The launch is planned for early 2027.Back in April, Aave co-founder Stani Kulechov predicted the merger of DeFi and traditional finance.
Oil Price Surge Triggers $17 Million Liquidation of Hyperliquid Whale
A sharp rise in Brent crude oil futures on the Hyperliquid exchange led to forced liquidations amounting to $46.6 million. The largest single liquidation resulted in a loss of $17.18 million. Source: CoinGlass. The cause was a speech by U.S. President Donald Trump, in which he promised an "extremely strong strike" against Iran. In response, crude prices jumped from $101 to $108, gaining 7.5% in 24 hours. The liquidation price for the trader who lost $17.18 million was at $101.49. The total volume of forced liquidations in the crypto market reached $353 million, with the majority being long positions — $217 million, according to CoinGlass. The BRENTOIL-USDC contract remains one of the most sought-after on Hyperliquid. The pair ranks fourth in trading volume with $789 million and an open interest of $529 million. Another commodity derivative linked to WTI oil holds the third spot. Source: Hyperliquid. In March, high demand for such instruments secured Hyperliquid a record trading volume of $5.4 billion. Amid increased activity, the exchange also consistently maintains its leadership in total fees collected. Source: Artemis. Hyperliquid Whale Bets on Market Crash Another trader formed a position worth $80 million. It included a $40 million short on Bitcoin futures near $68,760, a $2 million short on synthetic contracts on the S&P; 500 index, and a $37 million long on Brent oil derivatives. Source: CoinGlass. The overall leverage was 7x. The liquidation price for the first cryptocurrency derivatives was $79,805, and for the oil position, it was above $91. The player's actions coincided with a 4% rise in S&P; 500 futures over the past two days. Market participants expect the U.S. and Israel to conclude their military operation against Iran in the coming weeks. Previously, Trump also stated that the "president of the new Tehran regime" is considering a "ceasefire." However, the conditions for a full reopening remain unknown. The Hyperliquid whale bet against the optimistic scenario currently held by some investors. However, the history of his trades shows that he has been wrong before. In December 2025, the trader lost $37 million in the first month of activity using trading bots. In February 2026, analysts at Lookonchain recorded significant losses for the same user on longs in Ethereum, Bitcoin, Solana, and XRP. The investor earned $25 million on shorts but soon lost $40 million. This $DASH super short "0x94d3" made a big mistake yesterday.He closed his $BTC, $ETH, $SOL, and $XRP shorts, then flipped long — and is now down $15.8M.His total PnL went from +$25.5M to −$15.3M.Address:0x94d3735543ecb3d339064151118644501c933814 pic.twitter.com/WWzg2HaF45— Lookonchain (@lookonchain) February 5, 2026 Market Situation In the past 24 hours, Bitcoin's price has dropped by 3%. At the time of writing, the leading cryptocurrency is trading around $66,400. Hourly chart BTC/USDT on Binance. Source: TradingView. Altcoins have fallen more sharply. Ethereum's rate dropped by 4%, BNB by 4.6%, and Solana by 5.2%. Source: CoinGecko. "Stock and commodity markets continue to fluctuate based on Trump's latest comments on geopolitical developments. Bitcoin largely follows the direction of stocks, although in recent weeks it has shown reduced sensitivity to both good and bad news," noted Orbit Markets co-founder Caroline Moron in a comment to Bloomberg. Analysts at Glassnode pointed to the stagnation of the leading cryptocurrency. According to them, the market requires a catalyst to change the trend.
Beyond Meat (BYND) Stock Plummets 12% Following Jefferies Price Target Cut to $0.70
Beyond Meat (BYND) shares dropped 12% after Q4 revenue fell short. Jefferies reduced its price target to $0.70 amid cash burn and weakening demand concerns. The post Beyond Meat (BYND) Stock Plummets 12% Following Jefferies Price Target Cut to $0.70 appeared first on Blockonomi.
Metaplanet Reaches 40,177 Bitcoin, Becomes Third-Largest Corporate BTC Holder Globally
TLDR: Metaplanet acquired 5,075 BTC worth $400M in Q1 2026, bringing total reserves to 40,177 Bitcoin globally. The Tokyo firm overtook MARA Holdings to rank third, trailing only Twenty One Capital’s 43,514 BTC holdings. Metaplanet’s Bitcoin Income Business generated $19.8M in Q1, cutting net acquisition cost by roughly $3,900 per BTC. From under 2,000 BTC [...] The post Metaplanet Reaches 40,177 Bitcoin, Becomes Third-Largest Corporate BTC Holder Globally appeared first on Blockonomi.
Amazon (AMZN) Bahrain Data Center Hit by Iranian Strike Amid Rising Tech Industry Threats
Iran attacked Amazon's AWS data center in Bahrain after listing 18 U.S. tech firms including Microsoft, Nvidia, Google, and Tesla as military targets. The post Amazon (AMZN) Bahrain Data Center Hit by Iranian Strike Amid Rising Tech Industry Threats appeared first on Blockonomi.
YIMiner has launched a mobile application that supports cloud mining of XRP, BTC, and ETH, allowing users to participate in mining anytime, anywhere.
As we enter 2026, with the continued development of cryptocurrencies, Bitcoin mining remains a hot topic. However, facing high mining machine costs and rising energy prices, cloud mining is gradually becoming a more popular option. Especially in the US, more and more users are searching for keywords such as “passive cryptocurrency income,” “cloud mining,” and [...] The post YIMiner has launched a mobile application that supports cloud mining of XRP, BTC, and ETH, allowing users to participate in mining anytime, anywhere. appeared first on Blockonomi.
Estee Lauder (EL) Stock Slips 2% as Puig Merger Negotiations Progress
Estee Lauder (EL) stock falls 2% premarket as Bloomberg reports merger talks with Puig advancing. Deal could create $40B luxury beauty powerhouse within weeks. The post Estee Lauder (EL) Stock Slips 2% as Puig Merger Negotiations Progress appeared first on Blockonomi.
ETH Sees Over $1 Billion in Derivatives Selling After Trump’s Iran Remarks
TLDR: Over $1 billion in ETH derivatives sell volume was recorded within one hour of Trump’s Iran remarks. Binance alone absorbed $968 million of that selling pressure, the most of any exchange globally. ETH dropped approximately 4–5% intraday, trading at $2,047.24 with a 4.26% 24-hour decline. ( The S&P 500 shed $500 billion in market [...] The post ETH Sees Over $1 Billion in Derivatives Selling After Trump’s Iran Remarks appeared first on Blockonomi.
US Treasury Starts GENIUS Act Rollout With Notice Of Proposed Rulemaking
The US Treasury on Wednesday published a notice of proposed rulemaking (NPRM) that launches the administration’s first formal effort to implement the GENIUS Act, the new federal law governing payment stablecoins that was signed by President Donald Trump last year. The NPRM is the Treasury’s initial regulatory proposal to give effect to the statute’s requirements […]
Coinbase exec says Senate CLARITY compromise is close, but no markup date set
Coinbase legal chief Paul Grewal says US lawmakers are nearing agreement on the CLARITY Act, with a Senate markup expected soon.
What’s Driving the Crypto Market Dip Today? Top Reasons and Next Moves
What’s Driving the Crypto Market Dip Today? Top Reasons and Next Moves The crypto market is facing a rough day. On April 2, the total market cap fell 1.8% to $2.28 trillion. Bitcoin dropped nearly 2%, and many altcoins followed […] The post What’s Driving the Crypto Market Dip Today? Top Reasons and Next Moves appeared first on Blockmanity.
Naoris Protocol Deploys Post-Quantum Mainnet to Secure Global Digital Infrastructure
Naoris Protocol has officially launched its Layer 1 mainnet to provide decentralized post-quantum security for blockchain networks and critical digital systems. Naoris Protocol announced the official launch of its Mainnet on April 1, 2026, introducing a post-quantum Layer 1 blockchain designed to withstand emerging quantum computing threats. This deployment establishes a production-ready environment where decentralized […]
Gold Plunges Over 4% as Trump’s Iran Remarks Spark Major Market Reversal
Gold plunged 4.3% and silver fell 7% after Trump's Iran speech rattled investors. UBS keeps its $5,000 gold forecast despite the sharp decline. The post Gold Plunges Over 4% as Trump’s Iran Remarks Spark Major Market Reversal appeared first on Blockonomi.
GMX Launches Chainlink-Powered Perpetual Markets on MegaETH for Real-Time DeFi Trading
TLDR: GMX has facilitated over $363 billion in notional volume across eight chains, now adding MegaETH. MegaETH processes up to 100,000 transactions per second with 10-millisecond block confirmation times. Chainlink’s oracle infrastructure has enabled over $28 trillion in total transaction value across DeFi. MegaETH’s Chainlink integration unlocks nearly $14 billion in assets for over 740,000 [...] The post GMX Launches Chainlink-Powered Perpetual Markets on MegaETH for Real-Time DeFi Trading appeared first on Blockonomi.
Lufthansa (DLAKY) Stock Tumbles Following Morgan Stanley Downgrade Amid Fuel Crisis
Morgan Stanley downgrades Lufthansa (DLAKY) to equal-weight, cutting 2026 EBITDA by 17% due to fuel hedging weakness and Middle East supply disruptions. The post Lufthansa (DLAKY) Stock Tumbles Following Morgan Stanley Downgrade Amid Fuel Crisis appeared first on Blockonomi.
Iran’s IRGC vows retaliation against U.S., escalating tensions
The IRGC's threat heightens geopolitical risks, impacting economic stability and complicating diplomatic efforts for a U.S.-Iran ceasefire. The post Iran’s IRGC vows retaliation against U.S., escalating tensions appeared first on Crypto Briefing.
Egyptian foreign minister to meet Putin over Iran conflict
Egypt's diplomatic engagement with Russia could significantly influence ceasefire prospects, impacting geopolitical stability and market dynamics. The post Egyptian foreign minister to meet Putin over Iran conflict appeared first on Crypto Briefing.
Iran’s army chief warns of ‘total destruction’ for ground invasion
Iran's warning impacts market sentiment, highlighting geopolitical tensions and uncertainty, potentially affecting diplomatic and military strategies. The post Iran’s army chief warns of ‘total destruction’ for ground invasion appeared first on Crypto Briefing.
eToro Activates Crypto Trading in New York Three Years After BitLicense Approval
eToro activates crypto trading in New York three years after BitLicense approval, starting with 20 tokens and planning to add staking services soon. The post eToro Activates Crypto Trading in New York Three Years After BitLicense Approval appeared first on Blockonomi.
Former FTX Engineer Nishad Singh Settles CFTC Case for $3.7 Million
Former FTX engineer Nishad Singh settles CFTC charges for $3.7M with trading bans. Reduced penalties reflect his cooperation in the FTX fraud case. The post Former FTX Engineer Nishad Singh Settles CFTC Case for $3.7 Million appeared first on Blockonomi.
BNB Slides Under $591 as Geopolitical Tensions Weigh on Binance Coin
BNB falls below $591 amid Iran tensions. Binance launches prediction market. Technical analysis shows bearish signals with key support at $600. The post BNB Slides Under $591 as Geopolitical Tensions Weigh on Binance Coin appeared first on Blockonomi.
CFTC Chairman Selig Marks 100 Days with Crypto, Farm, and Deregulation Push
TLDR: CFTC published its first crypto asset taxonomy in March, distinguishing digital securities from digital commodities for market clarity. The agency partnered with the SEC on Project Crypto in January to harmonize federal oversight across digital asset markets. CFTC is finalizing de minimis exemptions to ease swap market access for energy, agriculture, and critical mineral [...] The post CFTC Chairman Selig Marks 100 Days with Crypto, Farm, and Deregulation Push appeared first on Blockonomi.
Amazon (AMZN) Pursues $9B Globalstar (GSAT) Acquisition to Challenge SpaceX’s Starlink
Amazon (AMZN) reportedly negotiating $9B Globalstar (GSAT) acquisition. GSAT stock jumps 12.3% premarket as deal would boost Amazon's Leo satellite network. The post Amazon (AMZN) Pursues $9B Globalstar (GSAT) Acquisition to Challenge SpaceX’s Starlink appeared first on Blockonomi.
Crude Oil Prices Spike 7% as Trump Announces Expanded Iran Military Operations
Oil prices jumped nearly 7% with Brent crude exceeding $107 after Trump announced plans to strike Iran hard over the next two to three weeks. The post Crude Oil Prices Spike 7% as Trump Announces Expanded Iran Military Operations appeared first on Blockonomi.
Genius Group sells entire Bitcoin treasury in Q1 as debt repayment takes priority
AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt. According to an April 1 press release, the company said it will “recommence building its Bitcoin Treasury when it believes market conditions…
Iran’s internet blackout and military escalation signal regime instability
Iran's internet blackout and military actions may heighten unrest, but traders see regime control persisting, impacting market confidence. The post Iran’s internet blackout and military escalation signal regime instability appeared first on Crypto Briefing.
Kremlin offers to mediate Iran war, calls NATO hostile
Russia's mediation offer highlights its strategic aim to influence global diplomacy while maintaining a non-escalatory stance. The post Kremlin offers to mediate Iran war, calls NATO hostile appeared first on Crypto Briefing.
Bitget Brings Crypto Into Everyday Spending With APAC Launch of Bitget Card
This paid press release was provided by Bitget and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Victoria, Seychelles, April 2, 2026 — Bitget, the world’s largest Universal Exchange (UEX), in partnership with Visa and DCS, launched the Bitget Card across selected markets […]
XRP price down nearly 30% in 2026 as chart flashes $1 warning
XRP price charts remained bearish amid increasing signs that the $1 level could be tested as support in the coming weeks.
ExpressVPN Review: Fast Speeds, Strong Privacy, But Any Downsides?
ExpressVPN has been around for years and remains one of the most well-known names in the VPN industry. It offers a combination of fast speeds, strong encryption, and a wide server network that appeals to both casual users and privacy-focused individuals. With its proprietary Lightway protocol and servers spread across 105 countries, it continues to [...] The post ExpressVPN Review: Fast Speeds, Strong Privacy, But Any Downsides? appeared first on Blockonomi.
Free AI Quant trading bots designed to help users efficiently earn cryptocurrency profits
AI quant trading bots are gaining traction in 2026 as traders automate strategies to navigate complex crypto markets. In 2026, the crypto market is growing increasingly complex, making it harder for traders to manually analyze and execute trades. Fortunately, AI-powered…
Coinbase (COIN) Chief Legal Officer Signals Imminent Breakthrough on Crypto Legislation
Coinbase CLO Paul Grewal says CLARITY Act agreement on stablecoin yields could arrive within 48 hours, with Senate Banking Committee markup expected soon. The post Coinbase (COIN) Chief Legal Officer Signals Imminent Breakthrough on Crypto Legislation appeared first on Blockonomi.
Bithumb Delays IPO Beyond 2028 as South Korea’s Crypto Giant Eyes Regulatory Clarity
TLDR: Bithumb has officially pushed its IPO timeline beyond 2028, citing regulatory uncertainty and internal control preparations. The exchange posted 651.3 billion won in sales and 78 billion won in net profit for the fiscal year 2025. Bithumb’s switch to Kookmin Bank drove market share past 30% and attracted 1.74 million new subscribers in 2025. [...] The post Bithumb Delays IPO Beyond 2028 as South Korea’s Crypto Giant Eyes Regulatory Clarity appeared first on Blockonomi.
Monad (MON) Token Down 50% Despite TVL Surge Past $355M – Can It Recover?
Monad (MON) TVL surges to $355M, but the token trades 50% below peak FDV. Low daily fees and upcoming unlocks pose challenges. What's ahead for MON? The post Monad (MON) Token Down 50% Despite TVL Surge Past $355M – Can It Recover? appeared first on Blockonomi.
Bithumb delays IPO plans to post-2028 amid regulatory scrutiny
Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…
Paradigm Develops Institutional-Grade Trading Platform for Prediction Markets
Paradigm is developing a professional prediction markets trading terminal led by partner Arjun Balaji, alongside market-making and index initiatives. The post Paradigm Develops Institutional-Grade Trading Platform for Prediction Markets appeared first on Blockonomi.
Dogecoin (DOGE) Price Analysis: Bollinger Band Compression Signals Imminent Breakout
Dogecoin (DOGE) trades at $0.0926 with Bollinger Bands squeezing. Derivatives show bearish bias while key levels at $0.0930 and $0.0879 hold the key. The post Dogecoin (DOGE) Price Analysis: Bollinger Band Compression Signals Imminent Breakout appeared first on Blockonomi.
Australia Mandates Financial Services Licenses for All Local Cryptocurrency Exchanges
Australia implements a landmark regulatory framework requiring cryptocurrency exchanges and custodians to obtain formal financial services licenses. The Australian government passed new legislation requiring all cryptocurrency exchanges and custodians to acquire financial services licenses. This mandate applies to any digital asset service provider operating within the country’s jurisdiction to enhance transparency and investor safety. The […]
XRP Surpasses BNB Amid Altcoin Crash, BTC Price Dropped by $3K: Market Watch
Drift Protocol Loses $280M as Attacker Uses Durable Nonce Accounts to Seize Admin Control
TLDR: The attacker used durable nonce accounts to pre-sign transactions weeks before executing the $280M drain on Drift Protocol. No smart contract bug was involved — the breach relied on social engineering to obtain 2/5 multisig approvals in advance. Even after a Security Council migration on March 27, the attacker regained access to required signers [...] The post Drift Protocol Loses $280M as Attacker Uses Durable Nonce Accounts to Seize Admin Control appeared first on Blockonomi.
Metaplanet hits 40,177 Bitcoin, overtaking MARA to become third-largest corporate holder
MetaPlanet's aggressive Bitcoin strategy highlights the growing trend of corporate cryptocurrency investments, potentially reshaping financial landscapes. The post Metaplanet hits 40,177 Bitcoin, overtaking MARA to become third-largest corporate holder appeared first on Crypto Briefing.
Drift Protocol on Solana loses $280m
On April 1, the DeFi platform Drift Protocol on Solana was hacked. The attacker drained at least $280m. We are observing unusual activity on the protocol. We are currently investigating. Please do not deposit funds into the protocol while we investigate. This is not an April Fools joke. Proceed with caution until further notice. We’ll provide additional updates from this account.— Drift (@DriftProtocol) April 1, 2026 “We are observing unusual activity and are currently investigating. Please do not deposit any funds into the platform. This is not an April Fools joke. Proceed with caution until further notice,” the team wrote. Timeline According to the developers, the hacker prepared the operation for several days. As early as March 23, they created four wallets with a delayed-transaction mechanism (durable nonces). Two were associated with members of Drift’s Security Council, and two were under the attacker’s control. Earlier today, a malicious actor gained unauthorized access to Drift Protocol through a novel attack involving durable nonces, resulting in a rapid takeover of Drift’s Security Council administrative powers.This was a highly sophisticated operation that appears to have involved…— Drift (@DriftProtocol) April 2, 2026 At least two of five signers approved transfers from these wallets. The developers suggested the attacker used sophisticated social-engineering techniques. A few days later, the project conducted a scheduled rotation of the Council. In response, on March 30 the hacker created a new wallet for the updated multisig. The attack took place on April 1. First, the Drift team carried out a legitimate test withdrawal from the insurance fund. About a minute later, the attacker activated two pre-signed transactions. One created and approved a malicious transfer of powers; the second executed it. Aftermath The attack affected all deposit types—lending, trading and vaults. DSOL tokens outside the Drift ecosystem and the Insurance Fund’s assets were untouched. For safety, the protocol froze remaining functions, updated the multisig and removed the compromised wallet. The project is currently working with cybersecurity specialists, cross-chain bridges, exchanges and law enforcement to trace and block the stolen funds. Among the stolen assets were wrapped versions of bitcoin, Jito tokens, the memecoin Fartcoin, other altcoins, as well as stablecoins pegged to the US dollar, euro and Japanese yen. After the theft the hacker distributed the funds across several wallets. Assets stolen in dollars:$5.3M USDS$60.4M USDC$5.65M USDT$430K JUP$540K USDY$590K ZBTC$680K EURC$1M BSOL$2.5M INF$2M MSOL$3.3M SYRUPUSDC$4.1M FARTCOIN$4.4M WBTC$3.6M JITOSOL$4.7M WETH$4.5M DSOL$11.3M CBBTC$155.6M JPL— Vladimir S. | Officer's Notes (@officer_secret) April 1, 2026 Following the incident, the protocol’s native coin DRIFT fell by almost 37%—from $0.07 to $0.04. Market capitalisation almost halved—from $41m to $25m. Source: CoinGecko. TVL for Drift remains around $245m. Source: DefiLlama. Users doubt the project’s prospects for recovery after the hack. The statistics hint at the same: major attacks are considered a “death sentence” for 80% of protocols. The Drift incident will rank among the industry’s largest. I think Drift just… dies here?ByBit was able to get a billion dollar loan immediately after their hack because their yearly revenue numbers justified itDrift doesn't make nearly enough money for a company/bank to comfortably underwrite a loan to fill the hole here.rip :/ pic.twitter.com/RsKoGYRZlU— Eddie (@DancingEddie_) April 1, 2026 “I think Drift just… dies here? Bybit was able to get a billion-dollar loan immediately after the hack because their yearly revenue justified such sums. Drift doesn’t make enough for any company or bank to comfortably issue a loan to plug a hole like this,” wrote a community member under the nickname Eddie. Backlash against Circle Participants in the crypto industry criticised the company behind USDC, Circle, for a slow response to the Drift hack. Delphi Digital co-founder Tommy Shaughnessy said the issuer did not promptly freeze funds linked to the attack. Circle not freezing the USDC is hilarious because we know it’s centralized but they’re like nah, we’ll let the money freely flow to North KoreaI like USDC since it’s a programmable stablecoin for all of DeFi and enables innovationBut we can freeze the money flowing to NK— Tommy (@Shaughnessy119) April 2, 2026 “Circle not freezing USDC looks absurd. Everyone knows the stablecoin is centralised, but the company seems not to impede the free flow of funds—even to North Korea,” he wrote. On-chain sleuth ZachXBT voiced a similar view. He stressed that the hacker moved hundreds of millions of dollars from Solana to Ethereum during US business hours and Circle did nothing to stop it. Circle was asleep while many millions of USDC was swapped via CCTP from Solana to Ethereum for hours from the 9 figure Drift hack during US hours. Value was moved and nothing was done yet again.Comes days after you froze 16+ business hot wallets incompetently which is still… pic.twitter.com/T0Xwg1HIfO— ZachXBT (@zachxbt) April 2, 2026 At the time of writing, the company had still taken no action. In late March, ZachXBT accused Circle of mistakenly freezing 16 wallets.
Can Chainlink price rally to $10 as whales accumulate?
Chainlink price fell 6% to $8.55 on Thursday as crypto investors remained concerned over a potential escalation in the U.S.–Iran war. According to data from crypto.news, Chainlink (LINK) price fell 6% to $8.50 on Thursday as the crypto market fell,…
Col. macgregor on costly Iran invasion decreases ceasefire odds
The declining ceasefire odds highlight the complexities of diplomatic resolution and the potential for prolonged conflict escalation. The post Col. macgregor on costly Iran invasion decreases ceasefire odds appeared first on Crypto Briefing.
Trump warns of major US strikes on Iran within weeks
Increased tensions may hinder diplomatic efforts, impacting global markets and geopolitical stability, with traders anticipating military actions. The post Trump warns of major US strikes on Iran within weeks appeared first on Crypto Briefing.
Coinbase Exec Optimistic About Clarity Act
A high-stakes legislative standoff over the future of U.S. cryptocurrency regulation may finally be coming to an end.
Chainlink March 2026 Recap: Amundi, Coinbase, and CCIP Drive Institutional Blockchain Adoption
TLDR: Amundi and Spiko launched SAFO, a Chainlink-powered tokenized money market fund on Ethereum and Stellar. Coinbase adopted Chainlink DataLink to publish institutional-grade exchange data onchain for the first time. Chainlink CCIP is now bridging over $5 billion in cbBTC from Base to Monad’s high-throughput DeFi markets. ADI Foundation integrated CCIP to support DDSC, a [...] The post Chainlink March 2026 Recap: Amundi, Coinbase, and CCIP Drive Institutional Blockchain Adoption appeared first on Blockonomi.
Chainlink Is Being Quietly Targeted By Large Players. Find Out What The On-Chain Data Is Showing
Chainlink has been struggling. The altcoin market is brutal. And quietly, the largest players in the market appear to have started paying attention to LINK in a way they are not paying attention to everything else. Related Reading: Bitmine Just Locked $340M More In Ethereum – Supply Keeps Shrinking Analyst Darkfost has identified a pattern […]
Anthropic Accidentally Deletes Thousands of GitHub Repositories Amid Claude Code Leak
The AI startup Anthropic inadvertently deleted thousands of repositories on GitHub in an attempt to remove leaked source code of Claude Code from the internet, reports TechCrunch. The company confirmed the leak of part of its developer tool's code on March 31. “No confidential client data was exposed. The error occurred during the release packaging. It was caused by human error, not a hack. We are implementing measures to prevent this from happening again,” a company representative stated. The incident could weaken Anthropic's position, as competitors and third-party developers gained full access to the architecture of the popular product. The startup issued a request to GitHub to remove repositories under the US copyright law. Approximately 8,100 archives, including forks of the official Claude Code repository, were affected, causing discontent among impacted users. The head of the Claude Code division, Boris Cherny, acknowledged the mistake. Consequently, the company withdrew most of the takedown requests. “The repositories mentioned in the notice were part of a fork network related to our public Claude Code database. The removal affected more projects than intended. We have withdrawn notices for all but one repository, and GitHub has restored access to the affected forks,” an Anthropic representative reported. Project Based on Claude Code In light of the incident, enthusiasts launched an open project called OpenClaude, based on the leaked Anthropic code. The fork includes support for Anthropic's API and models compatible with the OpenAI interface. Users can integrate solutions from Google (via OpenRouter), Mistral, OpenAI, or free local models, including through Ollama. OpenClaude retains the original tools: web search, file reading and editing, screenshot analysis, session memory, and more. Additionally, a router has been added for automatically selecting a neural network based on task complexity. The deep reasoning mode presented in Claude Code does not function in OpenClaude. In March, Anthropic transformed Claude into an AI agent — the bot gained the ability to use a computer to perform tasks.
Galaxy Digital Testnet Breach: Why Client Assets Remained Completely Safe
Galaxy Digital's testnet breach affected only an isolated R&D workspace. Client funds remained secure with under $10,000 in test assets lost. The post Galaxy Digital Testnet Breach: Why Client Assets Remained Completely Safe appeared first on Blockonomi.
Solana (SOL) Tests Critical Support Zones as Transaction Volume Surges to Historic Levels
Solana (SOL) trades below $80 despite record 10.1B transactions in Q1 2026. Analysis of key support levels and Galaxy Digital's tokenized shares integration. The post Solana (SOL) Tests Critical Support Zones as Transaction Volume Surges to Historic Levels appeared first on Blockonomi.
Trump’s Iran Address Triggers Sharp Decline in Crypto Markets and Stock Futures
Bitcoin dropped 2.2% to $66,609 and stock futures fell over 1% after Trump's Iran address, while Brent crude surged above $106 amid ongoing tensions. The post Trump’s Iran Address Triggers Sharp Decline in Crypto Markets and Stock Futures appeared first on Blockonomi.
XRP (XRP) Could Face 30% Decline Before 2026 Recovery, Analyst Warns
XRP trades at $1.35 amid declining ETF inflows and futures activity. Analyst predicts potential 30% drop before 2026 recovery as Ripple expands treasury platform. The post XRP (XRP) Could Face 30% Decline Before 2026 Recovery, Analyst Warns appeared first on Blockonomi.
Alabama grants legal status to DAOs under DUNA Act
Alabama has become the second state in the United States to grant legal status to decentralized autonomous organizations under the Decentralized Unincorporated Nonprofit Association Act. The DUNA Act, introduced in February by Republican Senator Lance Bell, provides legal recognition and…
Iran demands reparations, complicating ceasefire prospects
Iran's reparations demand and Hezbollah's actions deepen diplomatic deadlock, reducing ceasefire prospects and impacting market confidence. The post Iran demands reparations, complicating ceasefire prospects appeared first on Crypto Briefing.
Wall Street Giants JPMorgan and Goldman Sachs Eye Entry Into Prediction Markets
JPMorgan and Goldman Sachs are evaluating prediction market entry as platforms like Polymarket and Kalshi reach multibillion-dollar valuations. The post Wall Street Giants JPMorgan and Goldman Sachs Eye Entry Into Prediction Markets appeared first on Blockonomi.
Energy infrastructures targeted in Iran war strikes heighten conflict
The attacks on energy infrastructures exacerbate regional instability, reducing ceasefire prospects and increasing economic disruption risks. The post Energy infrastructures targeted in Iran war strikes heighten conflict appeared first on Crypto Briefing.
BitGo Expands Tempo Integration with Full Institutional Wallet Infrastructure
TLDR: BitGo now supports hot, cold, and qualified custody wallets on Tempo’s EVM-compatible Layer 1 blockchain. Tempo processes over 100,000 TPS with sub-second finality, meeting institutional payment rail performance demands. SendMany support enables bulk withdrawals via API and UI, serving remittance and embedded finance platforms at scale. BitGo’s policy engine pairs with Tempo’s MPP to [...] The post BitGo Expands Tempo Integration with Full Institutional Wallet Infrastructure appeared first on Blockonomi.
Former FTX engineer Nishad Singh agrees to $3.7M penalty in CFTC settlement
Former FTX head of engineering Nishad Singh has agreed to pay a $3.7 million fine to resolve his case with the US commodities regulator. Singh will pay a disgorgement of $3.7 million as part of a supplemental consent order for…
Bitcoin trader sees 'new lows' as US dollar due highest level since mid-2025
Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark "new lows" across crypto and risk assets.
April 2026 Crypto Horizon: Visual Guide to Top Web3 Events and Market Shifts
April 2026 Crypto Horizon: to Top and Market Shifts April 2026 promises to be a busy month for the crypto world. Big economic news, new rules, token unlocks, and top conferences will shape the market. This breaks down the key […] The post April 2026 Crypto Horizon: Visual Guide to Top Web3 Events and Market Shifts appeared first on Blockmanity.
Bitcoin Stagnation: Glassnode Highlights Lack of Catalyst
Bitcoin remains within the $60,000 to $70,000 range as spot demand shows early absorption and derivative positions are being reassessed, according to the weekly report from Glassnode. "Volatility is decreasing and positions are balancing, but without a clear catalyst, the market lacks the confidence needed for a sustainable breakthrough," analysts stated. One of the most persistent factors restraining growth is the significant volume of supply acquired at prices above $80,000, which is currently held at an unrealized loss. This group of investors, having endured more than six months of a bear market, faces two options: selling on any recovery to minimize losses or psychological capitulation as the downturn continues. A large cluster of wallets has now formed, having purchased bitcoin at prices ranging from $80,000 to $126,000. Clusters of BTC purchase price wallets. Source: Glassnode. "To address this issue, it will likely require either a significant price drop to attract new buyers or a prolonged period during which these coins transfer to more committed holders," experts noted. The indicator of the total number of coins in loss shows structural similarity to the conditions of the second quarter of 2022. The smoothed 30-day metric has exceeded the level of 8.4 million BTC. Total BTC in loss. Source: Glassnode. Simultaneously, realized losses of long-term holders are increasing, with the daily value rising to $200 million. Realized loss of long-term holders. Source: Glassnode. "The spot markets show early signs of stabilization: the 30-day moving average of the spot volume delta on Coinbase has slightly increased to the positive side in recent data," Glassnode emphasized. Nevertheless, the strength of the bears is reinforced by the increased interest in short positions in the derivatives market. The company believes that further buyer pressure will be needed for a more sustainable recovery. Back in late 2024, the gap between the spot and realized price of the leading cryptocurrency narrowed from 120% to the current 21%.
Ripple’s Latest XRP Bag Smashes Last Year’s Average: 5 Billion XRP Now In Spendable Wallets
A researcher has disclosed Ripple’s most recent XRP holdings before the latest escrow unlock.
Kick Co-Owner Trainwreckstv Burns Through $10M After Streaming Return: ‘Worst I’ve Ever Run’
Tyler Faraz “Trainwreckstv” Niknam, co-owner of iGaming-friendly streaming platform Kick, has experienced a record losing streak during his latest high-stakes gambling streams, revealing he has now exhausted his Stake pay and is using his personal savings in a bid to make up for the loss. Streamer Announces Marathon Recovery Session After Exhausting Stake Pay, Denying […]
Ethereum (ETH) Price Analysis: Has the Market Bottom Arrived Following Best Monthly Performance Since Late Summer?
Ethereum (ETH) gains 7% in March, breaking a 6-month slide. Key support at $2,050, resistance at $2,150. Accumulation hits highest level in a year. The post Ethereum (ETH) Price Analysis: Has the Market Bottom Arrived Following Best Monthly Performance Since Late Summer? appeared first on Blockonomi.
China offers to mediate hormuz crisis, impacting ceasefire odds
China's mediation could pivot the crisis towards diplomacy, potentially reducing military tensions and influencing global geopolitical dynamics. The post China offers to mediate hormuz crisis, impacting ceasefire odds appeared first on Crypto Briefing.
Bitcoin (BTC) Plunges Below $67K as Trump Vows Escalated Iran Strikes, Oil Breaches $104
Bitcoin (BTC) fell 2.9% to $66,400 after Trump's Iran war speech. Oil jumped past $104 and BTC futures open interest dropped sharply amid market volatility. The post Bitcoin (BTC) Plunges Below $67K as Trump Vows Escalated Iran Strikes, Oil Breaches $104 appeared first on Blockonomi.
‘Q2 Will Be Full of Blood’: Analyst Flips Fully Bearish on Bitcoin
A popular analyst has warned of a brutal Q2 for Bitcoin, amidst weakening market participation.
China takes custody of alleged Huione Group chairman Li Xiong
A key figure allegedly behind the Huione network has been extradited to China, where he will face fraud and money laundering charges. A report from Hong Kong-based news outlet Ta Kung Wen Wei noted that Li Xiong, who was part…
Ripple’s New Treasury Update Brings Crypto And Cash Management Under One Roof — How It Works
Ripple announced on Wednesday, April 1, the rollout of two major additions to its Ripple Treasury platform: Digital Asset Accounts and Unified Treasury. The company describes these features as the first native digital-asset capabilities built directly into a treasury management system, designed to let corporate finance teams treat crypto holdings the same way they do […]
Why is the crypto market crashing today? (April 2)
The crypto market has started tanking once again, dropping 2.6% to 2.37 trillion as US President Donald Trump announced that the U.S. campaign against Iran would be entering a final phase over the coming weeks to end the conflict once…
Iran attacks U.S. base in jordan amid escalating conflict
The attack exacerbates tensions, reducing ceasefire prospects and increasing the likelihood of U.S. military escalation in the region. The post Iran attacks U.S. base in jordan amid escalating conflict appeared first on Crypto Briefing.
Alabama becomes second US state to grant DAOs legal status under DUNA
The legislation “embraces innovation, protects participants, and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings.
Former FTX head of engineering fined $3.7M to resolve CFTC lawsuit
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.
Central Bank of Nigeria Selects Six Entities for New Virtual Asset Pilot
The Nigerian central bank has launched a pilot program to supervise anti‑money laundering and counter‑terrorism financing compliance among crypto and fintech firms. Six VASPs Tapped for New Supervisory Pilot The Central Bank of Nigeria has officially launched an anti-money laundering and counter-financing of terrorism supervisory pilot program. The new pilot is designed to align Nigeria […]
Gulf tensions lower ceasefire odds
Rising Gulf tensions diminish ceasefire prospects, potentially prolonging regional instability and impacting global economic dynamics. The post Gulf tensions lower ceasefire odds appeared first on Crypto Briefing.
XRP Price Holds $1.35 as ETF Outflows Hit $31 Million While Pepeto Presale Fills Past $8 Million Before Listing
The xrp price holds at $1.35 with seven spot ETFs but March posting first monthly outflows at $31 million. Bitcoin flushes and altcoins struggle to find real support. The market is being reminded that volatility exposes more than just weak hands. It exposes weak infrastructure. Pepeto is a meme coin exchange aiming to bring zero [...] The post XRP Price Holds $1.35 as ETF Outflows Hit $31 Million While Pepeto Presale Fills Past $8 Million Before Listing appeared first on Blockonomi.
Bitcoin price drops towards $65k as Trump warns of continued Iran strikes
Bitcoin price drifted closer to a key support zone near $65,000 after Donald Trump signaled that military action in the Middle East is set to continue over the coming weeks. Addressing the nation from the White House on Wednesday, Trump…
XRP Cannot Break Free From Bitcoin – And Right Now, That’s A Problem. Find Out Why
XRP is struggling to push above current levels. The market is uncertain. And the chart is not offering any comfort — three moving averages sit above the current price, each one a layer of resistance the market has not found the strength to challenge. Related Reading: Bitcoin Whales Stop Aggressive Selling. This Is What They […]
Iran demands sanctions relief, US force removal before talks
The impasse heightens geopolitical uncertainty, affecting market confidence and suggesting prolonged instability without diplomatic progress. The post Iran demands sanctions relief, US force removal before talks appeared first on Crypto Briefing.
Iran accuses US of conflict, Trump hints at deal
Market skepticism persists despite diplomatic hints, highlighting the need for concrete actions to shift US-Iran conflict dynamics. The post Iran accuses US of conflict, Trump hints at deal appeared first on Crypto Briefing.
'Living Rent-Free': Ripple CEO Fires Back at Avalanche Founder
Ripple CEO Brad Garlinghouse has fired back at Avalanche founder Emin Gün Sirer following a provocative April Fools' joke.
U.S. Treasury launches public consultation on GENIUS Act stablecoin rules
The U.S. Treasury has proposed its first set of rules to implement the GENIUS Act and has opened a 60-day public comment period to define how stablecoin oversight can be handled at the state level. Under the proposal, issuers with…
Trump’s potential Iran strategy tweet drops ceasefire odds
Increased skepticism about US-Iran de-escalation highlights potential for prolonged conflict and market volatility amid geopolitical tensions. The post Trump’s potential Iran strategy tweet drops ceasefire odds appeared first on Crypto Briefing.
The Future of Work: Human API Enables Real-Time Collaboration Between Humans and AI
Human API launches its new mobile app for iOS and Android, allowing global contributors to earn income by providing speech data and completing AI-assigned tasks. Bridging the Gap With Human Speech Human API, the Delphi Ventures–backed platform enabling artificial intelligence (AI) agents to coordinate directly with humans, has unveiled its new mobile app for iOS […]
Crypto VC Paradigm is developing a prediction market terminal: Fortune
As part of the offering, Paradigm is also exploring an internal market-making desk for prediction market trading and a prediction market index.
Bitcoin Falls to $66K as Trump Signals Further Escalation in Iran
Crypto markets are tanking on Thursday morning following the latest speech from the US President threatening more violence in the Middle East.
TRON DAO Participates in Penn Blockchain Conference 2026, Supports Hackathon and Developer Activity
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, April 1, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications ( dApps), participated in the Penn Blockchain Conference 2026 and supported the event’s hackathon, held between March 27–28 at the Penn […]
US and allies increase military pressure on Iran
Increased military pressure on Iran heightens geopolitical tensions, reducing ceasefire prospects and potentially destabilizing the region further. The post US and allies increase military pressure on Iran appeared first on Crypto Briefing.
Crypto ATMs Face Ban In Massachusetts City Amid Scam Concerns
Haverhill, Massachusetts, is moving toward a citywide ban that would force all crypto ATMs and kiosks out within 60 days, with operators facing $300 daily fines if they do not comply. Related Reading: Square Introduces Bitcoin POS Payments In Major US Expansion The proposal also gives the city a hard line on a problem officials […]