Category: Peer to Peer

Bitcoin held above $74,000 through the latest stretch of trading, finding support from a softer-than-feared U. S. inflation reading while still facing a macro backdrop that remains far from comfortable for risk assets. The token’s ability to stay near that level has drawn attention because it came as March consumer prices in the United States rose 3.3% from a year earlier, a pace that was below some market expectations but still well above the Federal Reserve’s 2% target.That combination

 Hackers exploited a cross-chain bridge tied to liquid restaking protocol Kelp DAO on Saturday, draining about $290 million in rsETH and sending shockwaves through decentralised finance markets as the losses spread into lending platforms and renewed questions over the security of multichain infrastructure. Bloomberg reported the theft at nearly $300 million, while market and on-chain reports put the value at roughly $292 million to $294 million.The exploit centred on Kelp DAO’s LayerZero-powered bridge for rsETH, a token used across multiple

Polkadot’s token regained some ground after Hyperbridge sharply raised the estimated damage from its April 13 Token Gateway exploit to about $2.5 million, a revision that deepened scrutiny of cross-chain infrastructure even as the network behind DOT moved to contain concern by stressing that native DOT was not compromised. Hyperbridge said the breach was confined to bridged DOT and related pools on Ethereum, Base, BNB Chain and Arbitrum, while Polkadot-linked channels indicated the main network and unbridged holdings were unaffected.

Bitcoin and Ethereum are once again at the centre of aggressive year-end forecasts, but the gap between analyst optimism and market reality remains wide, with Bitcoin trading near $75,699 and Ether around $2,343 on April 19 while investors weigh ETF demand, treasury buying and network upgrades against a far shakier macro backdrop.The strongest bullish call on Bitcoin in current circulation comes from Bernstein, which has reaffirmed a $150,000 year-end target on the view that institutional ownership is becoming more

Shiba Inu came under fresh selling pressure over the weekend, with the token falling about 5% on the daily chart and slipping to roughly $0.000006088 after failing to hold a short-lived push higher. By Sunday, live market data still showed SHIB trading near $0.00000603, leaving it around 4% lower over 24 hours with a market capitalisation of about $3.55 billion and daily turnover above $110 million, a move that kept the token pinned near the lower end of its April

Polygon has launched a native liquid staking token called sPOL, a move designed to free up roughly $330 million worth of staked POL for use across decentralised finance, while drawing fresh market attention to whether the network can convert technical upgrades into stronger token demand.The launch gives users who stake POL on Polygon’s proof-of-stake network a liquid token in return, allowing them to keep earning staking rewards while also deploying that capital elsewhere in lending, liquidity pools or other DeFi

Ethereum held its upward footing even after blockchain data showed Aztec-linked wallets sending millions of dollars’ worth of ether to Coinbase, a transfer that would normally stir fears of near-term selling pressure in a market still sensitive to large treasury moves.The transaction that drew attention amounted to about 12,000 ETH, valued near $37 million at prevailing prices, and followed Aztec’s broader fund-raising cycle tied to its token sale and network rollout. Fresh market pricing suggests traders absorbed the move without

Bhutan has moved another 250 bitcoin worth about $18.5 million, extending a steady disposal of the digital asset that has cut the kingdom’s publicly tracked holdings to roughly 3,500 BTC and raised fresh questions over how long one of the world’s best-known sovereign crypto stockpiles can last. The transfer, flagged by Arkham Intelligence and widely followed across crypto markets, came as bitcoin traded near $77,000 on April 18.The new sale does not by itself prove Bhutan will exhaust its reserves

Solana’s network activity has moved into new territory, with data compiled by Artemis showing the blockchain generated about $1.1 trillion in total economic activity in the first quarter of 2026, the first time it has crossed the trillion-dollar mark in a single quarter. The figure has drawn attention because it arrived during a broader crypto market pullback, suggesting Solana’s ecosystem remained heavily used even as digital asset prices and centralised exchange volumes weakened across the sector.Artemis defines total economic

Payward, the parent of crypto exchange Kraken, has agreed to buy Chicago-based derivatives venue Bitnomial for up to $550 million in cash and stock, a deal that would hand the group a full set of US licences for trading, clearing and broking digital-asset derivatives under Commodity Futures Trading Commission oversight.Announced on April 17, the transaction is expected to close in the first half of 2026, subject to regulatory notices and customary conditions. The structure gives Payward control of what Bitnomial

Strategy’s vast bitcoin treasury swung back into paper profit after the cryptocurrency climbed above $78,000, restoring gains on one of the market’s most closely watched corporate bets and reviving confidence in Michael Saylor’s high-risk, high-conviction strategy. Market data on Friday showed bitcoin trading as high as about $78,242, while Strategy’s latest disclosed average purchase price stood at roughly $75,577 per coin, leaving the company’s position above cost once more.The move matters because Strategy, formerly MicroStrategy, has become the world’s

Singapore Gulf Bank has launched a USDC mint-and-redeem service on the Solana blockchain, opening a round-the-clock channel for corporate and high-net-worth clients to move between fiat currency and digital dollars directly from their bank accounts as it pushes deeper into cross-border payments and treasury services. The bank said the product is designed to bypass delays tied to correspondent banking and standard settlement windows, offering near-instant conversion and transfer for clients operating across several jurisdictions.The service went live on April

RaveDAO’s RAVE token has staged one of the sharpest rallies in the digital-asset market this month, climbing more than 1,600% over seven days on major trackers and touching an all-time high near $19.7 before swinging violently lower and then rebounding. The scale and speed of the move have turned a little-known token tied to music, events and Web3 culture into a magnet for short-term traders, while also raising questions about whether the breakout reflects durable fundamentals or a classic thin-market

A transfer of about $606,000 in bitcoin by the U. S. government to Coinbase has revived attention on one of the crypto market’s longest-running fallout stories, linking a small on-chain movement to the far larger question of how assets tied to the 2016 Bitfinex hack will ultimately be handled and what that could mean for Bitfinex’s outstanding recovery obligations and its UNUS SED LEO token. Blockchain-tracking reports identified the move as roughly 8.2 bitcoin connected to funds seized in the

 Tether has moved to support a $150 million recovery package for Solana-based Drift Protocol after the trading platform was hit by one of the biggest crypto exploits of the year, with the plan aimed at repaying affected users over time and helping relaunch the protocol under tighter security controls. Drift said the package would include up to $127.5 million from Tether and a further $20 million from other partners, with the broader structure built around a revenue-linked credit facility, grants

 Dogecoin climbed on Friday, extending a 24-hour advance that outpaced some larger digital assets and lifted sentiment across the meme-coin corner of the market, as traders responded to a burst in turnover and a broader recovery in risk appetite. Market trackers showed DOGE trading near 9.8 US cents on 17 April, with daily volumes above $2.5 billion and sharply higher than the previous day, pointing to stronger short-term participation rather than a thin technical bounce.The move came as the wider

Flow Capital Partners is preparing to place a $150 million private credit fund on a blockchain-based platform in Singapore by the end of April, a move that pushes Asia’s fast-growing private lending market deeper into digital distribution and tests whether tokenised fund structures can broaden access without diluting regulatory controls. The plan places the Hong Kong-based manager among a small group of firms in the region using tokenisation to package private market assets for eligible investors.The fund is set

Bitcoin’s market backdrop has strengthened sharply, with a closely watched Bull Score Index climbing to its highest reading since October 2025 after several previously weak on-chain signals improved over roughly three days, according to market analytics platforms tracking network activity and investor behaviour. The shift has added momentum to a rebound that has pushed Bitcoin back towards the mid-$70,000 range, even as analysts warn that the move still falls short of the stronger readings that have historically marked full-blooded bull

Cardano is drawing fresh attention after a burst of on-chain activity revived debate over whether stronger network usage can translate into a rebound for ADA, the blockchain’s native token, after a prolonged spell of weak price action. The trigger for the discussion was commentary tied to staking infrastructure provider Everstake, which said daily active addresses and transaction counts had risen sharply over the past three months, feeding a view among some market participants that the token may be undervalued against

Goldman Sachs has moved further into digital assets with a filing for the Goldman Sachs Bitcoin Premium Income ETF, a proposed fund designed to give investors exposure to bitcoin-linked products while generating income by selling call options. The preliminary prospectus was filed with the US Securities and Exchange Commission on April 14, and sets out a strategy aimed at current income alongside capital appreciation rather than a simple one-for-one tracking of bitcoin’s market price.The structure marks an important distinction from

Losses from hacks, phishing and other Web3 security incidents climbed to about $482.6 million in the first quarter of 2026, even as projects expanded audits, compliance work and other defensive controls. The biggest change was not simply the amount lost, but where attackers found success: away from pure code exploits and deeper into off-chain operations, user manipulation and privileged access.Data published by security firm Hacken shows 44 incidents in the quarter, with phishing and social-engineering attacks accounting for $306

Deutsche Börse has moved further into digital assets with a reported $200 million investment in Kraken’s parent, Payward, a deal that would give the German exchange operator a 1.5 per cent fully diluted stake and extend a partnership the two sides unveiled in December. The transaction, first reported by Bloomberg and subsequently echoed by Reuters, is said to be due to close in the second quarter, subject to regulatory approval.The investment matters for two reasons. It places one of

Kraken said on April 13 that it is being extorted by a criminal group threatening to publish videos showing parts of its internal systems and limited client data, as the cryptocurrency exchange sought to reassure users that its core platform had not been breached and customer funds remained safe. The company’s public statement said the threat followed unauthorised access tied to a small number of accounts rather than a wider compromise of trading or custody infrastructure.The exchange’s position, as reflected

Michael Saylor’s Strategy has expanded its Bitcoin stockpile by another $1 billion, buying 13,927 coins between April 6 and April 12 and taking its total holdings to 780,897 Bitcoin, according to a filing lodged on April 13. The latest purchase was made at an average price of $71,902 per coin, while the company’s average cost across its entire treasury now stands at $75,577.Bitcoin treasury push gathers more force Strategy funded the deal through sales of its STRC preferred stock,