Category: crypto

Polymarket partners with Chainalysis to implement on-chain surveillance against insider trading and manipulation as trading volumes reach $7B monthly and regulations become stricter. The European Central Bank did not change interest rates at the April 30 meeting but signaled a potential rate hike in June due to increasing risks to inflation and economic growth.

KelpDAO contributed 2,000 ETH to Aave-led DeFi United recovery plan to restore rsETH peg support after a bridge exploit on April 18. DeFi United raised over $300 million from ecosystem participants. Major contributors include Consensys, Mantle, Aave DAO, and LayerZero. The recovery effort aims to address funding gaps and restore normal operation.

The Ethereum Applications Guild is a global non-profit organization that aims to support and grow Ethereum’s application layer through membership fees and ETH staking yield donations. The organization focuses on accelerating real-world applications, connecting builder networks, creating evaluation frameworks, and securing sustainable funding. Their 2026 Global Applications and Developers Program targets emerging regions with education,…

Syndicate Labs confirmed a breach in its cross-chain bridge due to a leaked private key, resulting in the theft of 18.5 million SYND tokens worth $330,000. The team plans to fully compensate affected users and implement stricter security measures. The attack was sophisticated and exploited weak key storage and upgrade controls.

Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could impact interest rate cuts, with markets uncertain about the new leadership’s policy. This could affect crypto traders, as the composition of the Fed Board will influence the pace of cuts and, in turn, liquidity and risk appetite in digital assets.

Bitcoin is struggling to break above $78,000-$79,000 resistance due to ETF outflows, internal Fed divisions, and record short positions. The market is stable but lacks conviction for a breakout. High interest rate expectations are suppressing risk assets, while low volatility and confidence hinder Bitcoin’s attempts to surpass resistance levels.

Polymarket is launching an on-chain market integrity monitoring system with Chainalysis to detect insider trading and manipulation in its prediction markets. The system will analyze trades on public blockchains to identify suspicious behavior and ensure compliance with regulations. This move aims to set a new standard for prediction markets and provide transparency for both crypto…

TRM Labs reports that North Korea-linked hackers have stolen $577 million in cryptocurrency in 2026, representing 76% of all global crypto hack losses. This surge in theft is attributed to sophisticated tactics and a state incentive to bypass sanctions. Recent attacks on KelpDAO and Drift Protocol highlight the risks in DeFi and market structures.

The U.S. Air Force has made a deal with Powerus, a drone company backed by President Donald Trump’s sons, to purchase interceptor drones as part of efforts to counter Iranian drones. This deal tightens family links to the Pentagon and follows the use of cheap AI drones in the ongoing conflict.

Jerome Powell announced at his final FOMC press conference that he will remain on the Federal Reserve Board of Governors past May 15 due to legal attacks on the institution. The decision led to a drop in Bitcoin prices and a collapse in rate cut odds for 2026. Powell cited the DOJ investigation into the…