Author: JUAN MENDE
Tech & Crypto Enthusiast | IP Lawyer turned Marketer. > Currently driving growth and content strategy as an editor at Cryptopress and other crypto projects. I specialize in bridging the gap between complex digital projects and clear, engaging content.
Lawsuit filed: Tron founder Justin Sun initiated the case in California federal court on April 21, 2026, citing breach of contract, fraud, conversion and unjust enrichment.
Frozen assets: Sun’s wallet holding 540 million unlocked WLFI tokens and 2.4 billion locked tokens, valued at approximately $75 million, was blacklisted via an undisclosed smart-contract function added in August 2025.
Allegations: World Liberty Financial...
Arbitrum Security Council Freezes $70M ETH from Kelp DAO Exploiter in Emergency Onchain Action
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Emergency freeze: Arbitrum Security Council transferred 30,766 ETH (~$70 million) from the exploiter’s wallet on Arbitrum One to a protocol-controlled address (0x…0DA0) before the native bridge withdrawal finalized.
Timing: The action followed PeckShield’s alert on the withdrawal initiation and was confirmed by Lookonchain roughly 20 minutes after execution on April 21, 2026.
Context: The move addresses funds traced to the April 18...
Kraken Parent Payward to Acquire Bitnomial for Up to $550 Million, Gaining Full CFTC-Licensed U.S. Derivatives Stack
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Deal terms: Payward will acquire 100% of Bitnomial for up to $550 million payable in cash and stock, valuing the parent company’s equity at $20 billion.
Licenses secured: The transaction gives Kraken control of a fully CFTC-regulated U.S. derivatives platform, including an exchange, clearinghouse and brokerage.
Strategic impact: Bitnomial, the first crypto-native firm to hold the complete suite of CFTC licenses, spent over a decade...
Crypto regulation, Cryptocurrencies, Front page, News, Regulation
Earn Big on Base: GLIF’s ICNT Liquid Staking is Live
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The DeFi landscape on Base is heating up as GLIF, the titan of Filecoin liquid staking, expands its footprint. By integrating ICNT tokens into its ecosystem, GLIF has unlocked a powerful cross-chain yield strategy that allows users to earn staking rewards without sacrificing liquidity. This move marks a significant bridge between Filecoin-powered infrastructure and the high-speed Base L2 ecosystem.
What is GLIF?
Originally...
Circle Faces Class-Action Lawsuit Over Alleged Failure to Freeze $230M Stolen USDC in Drift Protocol Exploit
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Lawsuit filed: Class action initiated on April 14, 2026, by Drift investor Joshua McCollum on behalf of over 100 affected users in U.S. District Court for Massachusetts.
Exploit details: On April 1, 2026, attackers drained an estimated $280–285 million from the Solana-based DEX Drift Protocol through trading, lending, and vault deposits.
USDC movement: Approximately $230 million in stolen USDC was transferred from Solana to...






