Skip to main content

Tag: Cryptocurrencies

Arbitrum Security Council Freezes M ETH from Kelp DAO Exploiter in Emergency Onchain Action

Arbitrum Security Council Freezes $70M ETH from Kelp DAO Exploiter in Emergency Onchain Action

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...

Cryptocurrencies, Front page, Hacks, News

Continue reading

Weekly Snapshot – Institutional Inflows Ignite Crypto Recovery

The crypto market closed the week with Bitcoin near $73,800 after testing $77,000 highs, supported by record institutional inflows while altcoins showed selective strength. Total market cap remained above $2.5 trillion as Wall Street deepened involvement. Main news Institutional demand dominated this week with crypto ETPs logging $1.1 billion in net inflows—the strongest weekly figure since January—led by U.S. spot Bitcoin products...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, ETF, Ethereum

Continue reading

Bitcoin’s Fourth Halving Cycle Dramatically Underperforming Prior Ones

Bitcoin’s Fourth Halving Cycle Dramatically Underperforming Prior Ones

Cycle comparison: The post-April 2024 halving cycle is “dramatically” weaker than the 2012, 2016 and 2020 cycles, according to Galaxy head of research Alex Thorn. Price gains: Bitcoin’s 2025 peak above $125,000 was only 97% above the April 2024 halving price near $63,000, versus 9,294% in 2012, 2,950% in 2016 and 761% in 2020. Volatility decline: The 30-day Bitcoin Volatility Index now sits at 1.75%, well below the 9.64% peak seen...

Bitcoin, Cryptocurrencies, Front page, News

Continue reading

Kraken Parent Payward to Acquire Bitnomial for Up to 0 Million

Kraken Parent Payward to Acquire Bitnomial for Up to $550 Million, Gaining Full CFTC-Licensed U.S. Derivatives Stack

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

Continue reading

Circle Faces Class-Action Lawsuit Over Alleged Failure to Freeze 0M Stolen USDC in Drift Protocol Exploit

Circle Faces Class-Action Lawsuit Over Alleged Failure to Freeze $230M Stolen USDC in Drift Protocol Exploit

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...

Cryptocurrencies, Front page, Hacks, News, Stablecoins

Continue reading

© Cryptopress. All rights reserved.