Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks […]
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. […]
Bullish sentiment towards Hyperliquid is again on the rise, with crypto whales accumulating the perp DEX token. The first HYPE ETF in the U.S. could launch soon, which is also contributing to this bullish sentiment. […]
Key Takeaways: Sky’s USDS led the top ten gainers with a 9.57% weekly rise, adding over $779 million in inflows. Tether holds 58.04% market dominance at $184 billion, with a full financial audit now planned. […]
Key Takeaways: Onchain investigator ZachXBT identified 15 cases totaling over $420M in illicit USDC flows Circle failed to freeze promptly since 2022. The Drift Protocol exploit saw 232M USDC bridged via Circle’s own CCTP over […]
Solana-based Drift Protocol has suffered the largest exploit of 2026 to date, losing nearly $300 million in a “highly sophisticated operation” that has raised concerns about the growing threat of human-targeted attacks in the crypto […]
Ripple CEO Brad Garlinghouse has revealed a $13 trillion opportunity, which cryptos like XRP and stablecoins could tap into. This came as he highlighted how blockchain technology is disrupting global finance with payments being made […]
A veteran Bitcoin evangelist who entered the market when most people had never heard the word “blockchain” is now pointing the finger at the Trump family, not a crypto exchange, as many think, for the […]
ZachXBT revealed Circle restored access to one wallet, which has fueled criticism that its freeze lacked transparency and may have targeted legitimate businesses. Stablecoin issuer Circle has unfrozen the USDC balance in one of […]
Circle stock, CRCL, experienced a significant decline over the past day following news of a proposed ban on stablecoin yield. Despite this selloff, Bitwise’s CIO maintains that the market reaction was excessive and projects that […]
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