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Circle Fails to Act as $230M in Stolen USDC Flows Through Its Bridge
Circle, the company behind the world’s second-largest stablecoin, allegedly sat idle while a hacker funneled more than $230 million in stolen USDC through its own cross-chain infrastructure. That’s the accusation from blockchain investigator ZachXBT, who says Circle had approximately six hours to in...
Oil Price Reversal and Crowded Shorts Create Volatility for Crypto Market
Crude oil just pulled a classic bait-and-switch. WTI surged on geopolitical tensions, then promptly gave back nearly $3 a barrel, erasing the kind of fear premium that usually sends inflation hawks into a frenzy.In theory, cheaper oil means less inflation pressure, which means the Fed has more room ...
Coinbase Receives Conditional Approval for National Trust Charter from OCC
Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust company charter, the company announced Thursday.Coinbase Moves Closer to Federal Crypto Custody With OCC ApprovalAccording to a Bloomberg report, the OCC granted the preliminary ...
Circle to Launch Wrapped Bitcoin cirBTC Backed 1:1 by BTC
Odaily Planet Daily reports: Stablecoin issuer Circle has announced on X the upcoming launch of wrapped Bitcoin, cirBTC. cirBTC is 1:1 backed by BTC and verifiable on-chain, designed to seamlessly integrate with Circle’s infrastructure and the broader DeFi ecosystem, creating a neutral foundation fo...
U.S. Bitcoin and Ethereum ETFs recorded net outflows on April 3.
ChainCatcher report, according to Lookonchain monitoring, U.S. Bitcoin ETFs experienced a net outflow of 2,254 BTC, Ethereum ETFs saw a net outflow of 17,197 ETH, and Solana ETFs recorded a net inflow of 1,531 SOL.
U.S. Bitcoin and Ethereum ETFs record net outflows of 2,254 BTC and 17,197 ETH
Odaily Planet Daily reports, according to Lookonchain monitoring, yesterday U.S. Bitcoin ETFs saw a net outflow of 2,254 BTC, Ethereum ETFs a net outflow of 17,197 ETH, and Solana ETFs a net inflow of 1,531 SOL.
Bitcoin holders face $59.87 billion in unrealized losses as retail selling pressure continues.
ChainCatcher report: On Thursday, Bitcoin traded at $66,450, with approximately 44% of the circulating supply in a loss position, accumulating an unrealized loss of about $59.87 billion (roughly 8.8 million BTC), exerting downward pressure on market sentiment, as data indicates continued weak demand...
Ethereum Holds 65% of Non-USD Stablecoin Supply, Dune Data Shows
ChainCatcher report: According to Dune data, Ethereum currently holds approximately 65% of the non-U.S. dollar stablecoin supply, down from about 90% at the beginning of 2023. Although other blockchains are catching up, Ethereum remains the default choice for stablecoin issuance.
Dune’s report note...
44% of Bitcoin’s circulating supply is in loss, with holders facing $598.7 billion in unrealized losses.
Huo Xing Finance reports that, on April 2, according to Cointelegraph, Bitcoin is trading at $66,450, down 47% from its all-time high of $126,000 in October 2025, leaving holders with substantial unrealized losses. Glassnode data shows that approximately 8.8 million BTC are currently underwater, rep...
GENIUS Act Update: Stablecoin Regulation Moves Forward, Coinbase Hopes for Soon Rules
Key Insights:The US Treasury Department takes the first step toward stablecoin regulation under the GENIUS Act.Lawmakers postponed the release of the stablecoin yield compromise text as discussions continue between banks, crypto firms, and policy makers.Paul Grewal said the U.S. Senate Banking Commi...
Coinbase Receives Conditional Federal Banking License from OCC
Coinbase received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter Coinbase National Trust Company, giving the exchange a federal regulatory home for its custody business.The OCC charter is structured for assets in safekeeping, not commercial banking. Coinbase...
Tron Inc. (TRON) surges 10.40% to $2.23 on April 2
ME News reports that, as of April 2 (UTC+8), according to CoinFound’s cryptocurrency-related stock data, Tron Inc. (NASDAQ: TRON) is currently trading at $2.23, up 10.40% from today’s opening price of $2.02. (Source: CoinFound)
The crypto market saw $459 million in liquidations over 24 hours, with long positions hit hardest.
According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $459 million, with long positions liquidated for $270 million and short positions liquidated for $189 million.
BTC liquidations amounted to $98.03 million, while ETH liquidations r...
U.S. CFTC Sues Illinois to Block State Regulation of Prediction Markets
According to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit on Thursday in the federal court in Chicago seeking to block Illinois from regulating prediction markets, arguing that the state’s actions infringe upon the federal government’s exclusive authority over nation...
Elliptic Attributes Drift Protocol Hack to DPRK-Linked Hackers
According to ChainCatcher, citing CoinDesk, blockchain analysis firm Elliptic stated that the Drift Protocol hack resulted in losses of $285 million, with “multiple indicators” pointing to the DPRK-affiliated hacker group backed by North Korea. Elliptic focused on on-chain behavior, money laundering...
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