Hyperliquid Just Lost $10.6M to a JELLY Exploit—and It Could Be a Warning Sign for DeFi
Crypto Twitter’s buzzing after Hyperliquid lost $10.63 million to a wild exploit involving its JELLY token—and experts say this might be just the beginning. According to Dr. Jan Philipp Fritsche from Oak Security, this wasn’t some accidental bug. It was…
WhiteBIT Nova Hits 1 Million Transactions—Crypto Cards Are Going Mainstream
WhiteBIT Nova just crossed a big milestone—over 1 million transactions. That’s a huge sign that crypto cards are becoming more than just a novelty. They’re quickly turning into a real-world bridge between blockchain and everyday spending. As more people treat…
Ethereum Falls to Lowest BTC Ratio Since 2020 — Is a Deeper Slide Ahead?
The ETH/BTC ratio has dipped below 0.022, marking its lowest point since December 2020 and raising concerns over Ethereum’s competitiveness in the Layer 1 (L1) arena as rivals like Solana gain market share. Ethereum Faces Pressure as ETH/BTC Ratio Hits…
Mastercard Building Blockchain Network to Link Traditional Finance and Digital Assets
Mastercard is developing a blockchain-based Multi-Token Network designed to connect traditional financial institutions with the digital asset ecosystem, according to a report from Business Insider. The initiative is led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital…
Metaplanet Buys 160 More Bitcoin, Now Holds Over 4,200 BTC
Metaplanet is going all-in on Bitcoin. The company just picked up another 160 BTC—bringing its total stash to 4,206 Bitcoin as it keeps ramping up its buying spree. The Tokyo-based firm shared the news on Wednesday, saying it spent about…
Kristin Smith Leaves Blockchain Association to Lead New Solana Policy Institute
After five powerful years leading the Blockchain Association, Kristin Smith is moving on. Her last day as CEO will be May 16—but she’s not stepping away from crypto. Starting May 19, she’ll take the reins as President of the Solana…
Trump Family Acquires Majority Stake in World Liberty Financial
World Liberty Financial (WLF), a decentralized finance (DeFi) initiative aimed at delivering cryptocurrency-based financial services, has undergone a significant leadership transformation. An entity linked to former President Donald Trump has supplanted the original founders, securing a 60% equity stake and…
Circle Gears Up for IPO With Bank Hires, Eyes Late April Filing: Report
Circle Internet Financial, the issuer of the USDC stablecoin, is moving closer to an initial public offering (IPO) with plans to file by late April. The company has engaged major financial institutions, including JPMorgan Chase & Co. and Citigroup Inc.,…
Sonic Labs Shifts Focus from USD-Pegged Algorithmic Stablecoin to UAE Dirham-Backed Version
Sonic Labs, co-founded by blockchain developer Andre Cronje, has announced a strategic pivot away from its initial plan to launch a USD-pegged algorithmic stablecoin. Instead, the company is now focusing on developing a stablecoin backed by the United Arab Emirates…
Gazprom Launches Blockchain-Powered Digital Financial Assets
Gazprom, Russia’s state-owned oil and gas giant, has entered the digital finance arena by issuing blockchain-based digital financial assets (DFAs) worth 2 billion rubles (approximately $23.5 million). This initiative underscores Gazprom’s commitment to integrating blockchain technology into its financial operations…