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Tag: Cryptocurrencies

Bitcoin’s slump could be its strength

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Good Thing BTC’s Stuck In Mire Bitcoin’s current stagnation at $67,000, below its 50-day simple moving average, is not the disaster some might assume. With a relative strength index reading of 47, BTC is neither oversold nor overbought, suggesting a market in pause rather than panic. For seasoned traders, this kind of mire can be a blessing in disguise. Since the early days of the war in Iran, Bitcoin has shed 6%. In the grand scheme of...

Blockchain, Coins, Cryptocurrencies, News

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Polymarket Just Got Valued—And Its Volume Hit a New ATH This Month

Polymarket Just Got Valued—And Its Volume Hit a New ATH This Month

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When Infrastructure Meets Momentum Last March, prediction markets exploded to 191 million transactions — a staggering 2,838% jump year-over-year — with Polymarket driving the lion’s share of the action. Billions of dollars moved on real-world outcomes: the next NBA champion, geopolitical flashpoints, blockbuster movie openings, and even Bitcoin’s daily price swings. Not through a traditional sportsbook or Wall Street desk, but onchain, on...

Cryptocurrencies, Main, Prediction Markets

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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

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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

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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

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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

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CFTC Chief Warns Prediction Market Traders Insider Trading Laws Fully Apply

CFTC Chief Warns Prediction Market Traders: Insider Trading Laws Fully Apply

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CFTC position: Enforcement Director David Miller stated that insider trading laws apply to prediction markets, directly countering claims that they do not. Legal classification: Event contracts are treated as swaps rather than gaming, subjecting them to standard market-abuse rules. Market scale: Prediction markets have scaled to more than $20 billion in monthly volume according to TRM Labs data. Recent scrutiny: Suspicious...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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