Category: crypto

The Bank of Korea is urging cryptocurrency exchanges to implement circuit breakers to prevent market panic after a $42 billion Bitcoin transfer error at Bithumb. The central bank recommends new regulations for trading curbs and internal controls to prevent similar incidents and improve transparency in the industry.

A fraudulent app on Apple’s App Store stole $420,000 in Bitcoin from musician G. Love. The app bypassed Apple’s security to target Ledger users. After downloading it, G. Love entered his recovery phrase, leading to the theft. The stolen Bitcoin was transferred to KuCoin. Similar scams are on the rise, with losses totaling $11 billion…

Bitcoin price dropped to $70,617 as the White House announced a naval blockade after failed peace talks with Iran. President Trump confirmed the blockade of the Strait of Hormuz, causing oil prices to surge to $105 per barrel. The situation led to economic fallout and increased volatility in the Bitcoin market.

European banks and corporates are transitioning from researching the stablecoin market to implementing rollout strategies. MiCA has provided a single rulebook for stablecoin projects, accelerating the process from planning to execution. Corporate treasury demand is driving the use of stablecoins for payments, settlement, and cross-border fund movement in Europe. Industry executives note a shift towards…

Justin Sun accused World Liberty Financial of hiding blacklist controls that could freeze token holders’ wallets. Onchain data tied the project to large token-backed borrowing, drawing criticism. Sun claimed the project had a backdoor blacklisting function and accused WLFI of violating investor rights and blockchain standards. Token prices fell, adding pressure to the project.

President Trump announced that the US Navy will start blockading ships entering or leaving the Strait of Hormuz immediately. He mentioned interdicting vessels paying tolls to Iran, linked the blockade to tensions with Iran, and expressed a goal of stopping “world extortion.” The move is part of broader efforts to address the Iran crisis.

BNB Chain has instructed node operators to update to BSC v1.7.2 before the Osaka/Mendel hard fork on April 28. The upgrade adds stability, gas limits, and finality. Operators must replace binaries correctly to prevent node sync issues. The network adopted nine BEPs, including BEP-652, for the upgrade. Testnet improvements preceded the mainnet launch.

Pavel Durov warned that push notifications can expose message data even after users delete chats and apps. Reports of the FBI retrieving deleted Signal messages from iPhone notification logs led to concerns about metadata and data storage. Interest in decentralized messaging apps increased due to bans and internet restrictions affecting communication access.

Crypto exchange trading volume decreased significantly in Q1 2026 as the market cooled from its peak. Binance maintained its top position in both spot and derivatives trading despite increased competition. Perpetual futures dominated trading activity, with volume four times higher than spot trading. Overall, centralized exchange trading volume dropped by 48% from the peak in…

Supporters of the CLARITY Act are warning Congress that the timeline for passing the bill is narrowing. Senator Cynthia Lummis and other crypto leaders are urging quick action, saying this may be the last chance to pass the bill until at least 2030. The Senate’s progress may depend on resolving stablecoin yield disagreements.