To make it more difficult for hackers to shift monies from previous high-profile attacks, crypto-protocol Umbra claimed it had shut down its front-end website. Umbra acknowledged on Tuesday in a post on X that their protocol was used to transfer around $800,000 worth of stolen assets. Additionally, it said that it has
April 22, 2026 2 mins read
Senate Banking Chair Tim Scott is allegedly under pressure from a US senator who wants the crypto market structure bill markup postponed until May so that banks and crypto advocates may work out their differences on stablecoin yield requirements. Senate Banking Committee markup of the CLARITY Act is not expected to
April 21, 2026 2 mins read
Over the weekend, the total value locked onto the decentralized lending protocol Aave fell by about $8 billion. This was due to the fact that the hackers responsible for the $293 million Kelp DAO attack borrowed funds on Aave, leaving the protocol with around $195 million in “bad debt” and prompting
April 20, 2026 2 mins read
It was announced on Thursday that Josh Stark, a prominent researcher and project manager at the Ethereum Foundation, would be leaving the organization after five years. The foundation is a non-profit that oversees the development of the Ethereum ecosystem. In a post on X, Stark said that he had no
April 17, 2026 1 min read
This month, Bitcoin’s price has increased by about 10%; nevertheless, the surge is encountering resistance close to $75,000. The halt is noteworthy because US equities are trying to reach new highs. Holders are selling into strength, according to on-chain data, which helps to explain the slowdown. Along with record highs in
April 16, 2026 2 mins read
Kraken, a cryptocurrency exchange, has dropped hints that its initial public offering (IPO) is still moving forward, despite rumors that it was shelved last month owing to market circumstances. In November, Kraken submitted an application to the US Securities and Exchange Commission (SEC) for a confidential initial public offering (IPO), but
April 15, 2026 2 mins read
According to local local media reports, Coinone, the third-largest cryptocurrency exchange in South Korea, is facing fines and a partial business suspension due to anti-money laundering violations. Coinone was reportedly held by South Korea’s Financial Intelligence Unit (FIU) under the Financial Services Commission for noncompliance with anti-money laundering requirements, including the failure
April 14, 2026 2 mins read
To avoid a recurrence of the market chaos that ensued in February when Bithumb accidentally delivered over $40 billion worth of Bitcoin to its clients, the South Korean central bank has suggested that cryptocurrency exchanges have “circuit breakers” that temporarily suspend trade. In a payments report released on Monday, the
April 13, 2026 2 mins read
Reportedly, Bitwise Asset Management has filed a second amendment with the US Securities and Exchange Commission (SEC), marking a significant milestone on the road to launching its planned spot Hyperliquid exchange-traded fund. Eric Balchunas, a senior ETF analyst at Bloomberg, noted in Friday’s X post that Bitwise has changed the
April 11, 2026 1 min read
In its greatest day since early March, when the US-Iran battle began to kick into high gear, investors poured $269.3 million into BlackRock’s iShares Bitcoin Trust on Thursday. Twelve US-based Bitcoin exchange-traded funds (ETFs) had a net inflow of $358.1 million, reversing a two-day net outflow. A measure of institutional
April 10, 2026 2 mins read
