Skip to main content
Linux Foundation Launches x402 Foundation to Govern Coinbase’s Open AI Payments Protocol

Linux Foundation Launches x402 Foundation to Govern Coinbase’s Open AI Payments Protocol

Written on .

x402 Foundation launched: Linux Foundation takes over governance of the x402 protocol originally developed by Coinbase for web-native payments. Key backers: Founding participants include Google, Stripe, Visa, Mastercard, Shopify, Cloudflare, Solana Foundation, Base and others. Purpose: Enables AI agents, APIs and apps to transact value seamlessly via the revived HTTP 402 “Payment Required” status code. Adoption metrics: Solana...

AI, Cryptocurrencies, Front page, News

Continue reading

X to Auto-Lock Accounts Posting About Crypto for the First Time to Combat Scams

Written on .

X (formerly Twitter) is rolling out an auto-locking and verification system for users who post about cryptocurrency for the first time in their account history. The measure aims to dismantle the economic incentive for hackers who hijack high-follower accounts to promote phishing links and meme coin scams. X Head of Product Nikita Bier stated the feature should “kill 99% of the incentive” for bad actors exploiting the...

Breaking, News

Continue reading

Elliptic Links $286 Million Drift Protocol Exploit to North Korean State-Sponsored Hackers

Written on .

Blockchain analytics firm Elliptic has identified multiple indicators linking the $286 million exploit of Drift Protocol to the Democratic People’s Republic of Korea (DPRK). The attack on the Solana-based perpetual exchange involved a sophisticated social engineering campaign to compromise the Security Council’s administrative powers. Stolen funds are being moved through cross-chain bridges and swapped to Ethereum, mirroring laundering...

Breaking, News

Continue reading

Coinbase CLO Signals Lawmakers Are ‘Very Close’ to Resolving Stablecoin Yield Dispute

Written on .

Coinbase Chief Legal Officer Paul Grewal stated that a deal on the CLARITY Act, specifically regarding stablecoin yield provisions, could be finalized within the next 48 hours. The dispute centers on “passive yields”—rewards earned simply for holding stablecoins—which banking groups fear could trigger deposit flight from traditional institutions. A potential compromise, led by Senators Thom Tillis and Angela Alsobrooks, may ban...

Breaking, News

Continue reading

Drift Protocol Exploited for Over 0 Million in Largest Solana DeFi Hack of 2026

Drift Protocol Exploited for Over $200 Million in Largest Solana DeFi Hack of 2026

Written on .

Drift Protocol exploit: Solana-based perpetuals DEX lost between $200 million and $285 million in a suspected attack on April 1, 2026. Platform response: Team confirmed “active attack,” suspended deposits and withdrawals, and urged users to proceed with caution. On-chain impact: Approximately 980,000 SOL and other assets drained; funds swapped to stablecoins with some bridged via Circle’s CCTP. Token reaction: Native DRIFT token...

Cryptocurrencies, Front page, Hacks, News

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.