Category: crypto

Drift Protocol reported that the April 1 attack on its platform was the result of a long and organized campaign that involved building trust with contributors over six months. The attackers used malicious tools and links to breach contributor devices, with the exchange linking the exploit to the same actors behind the October 2024 Radiant…

Satoshi Nakamoto’s listed birthday on April 5, 1975 has drawn attention in the crypto market. Despite being the only public detail about Bitcoin’s founder, it remains uncertain if it is a real birthday or symbolic. Satoshi’s mysterious identity and lack of personal information make this date a recurring topic of discussion.

Michael Saylor stated that Bitcoin no longer follows the traditional four-year cycle tied to halving events. He believes that the market has entered a new phase where capital flows and credit shape the direction of Bitcoin’s price. This shift away from the halving cycle is seen as a significant change in the market’s dynamics.

Robert Kiyosaki mentioned that the current economic pressures are a result of policy changes in 1974. This led to shifts in retirement planning, debt, and inflation concerns. He warned baby boomers of potential retirement income gaps due to the transition to market-based accounts. Bitcoin sentiment turned more negative recently.

SpaceX has filed a confidential draft registration with the SEC for a potential IPO aiming for a $1.75 trillion valuation and raising up to $75 billion. This would be the largest IPO in financial history. The valuation is driven by Starlink’s 9.2 million subscribers and $16 billion in 2025 revenue. If successful, Elon Musk, who…

Elon Musk is requiring banks, law firms, and auditors vying for roles in SpaceX’s IPO to purchase subscriptions to his AI chatbot, Grok. Some Wall Street firms have agreed to spend tens of millions annually on Grok. This requirement is part of SpaceX’s upcoming IPO, targeting a $1.75 trillion valuation.

Cambodia’s Senate approved a draft law targeting scam centers involved in crypto and online fraud, imposing prison terms and fines. The bill awaits royal approval to take effect. This move comes after pressure from foreign governments and international bodies over scam activity in Southeast Asia. Scam centers in the region have been described as closed…

Charles Schwab is set to launch direct spot trading for Bitcoin and Ether in the first half of 2026, making it accessible to its large pool of investor capital for the first time. Schwab CEO Rick Wurster confirmed the move, which will be operated through Charles Schwab Premier Bank, SSB. The rollout will be phased,…

Tether is seeking investor commitments for a fundraising round at a $500 billion valuation. If investor demand does not meet expectations, the company may delay the raise. Tether also hired KPMG for its first full audit of financial statements. The reported valuation would make Tether one of the largest financial firms globally.

ZachXBT accused Circle of failing to freeze stolen USDC during the $285 million Drift Protocol hack on April 1, 2026, using the company’s cross-chain infrastructure. The attack drained funds from a Solana-based decentralized exchange, raising concerns about Circle’s freeze authority and compliance failures in other cases. The incident has sparked debate on stablecoin governance and…