TLDR Tether is leading a $147.5M recovery package for Drift Protocol after a $280M exploit on April 1 North Korea-linked hackers posed as a quant trading firm for six months before striking Drift will switch from Circle’s USDC to Tether’s USDT as its core settlement layer Circle faced criticism for not freezing funds as $232M […]
Pi Network Pushes Protocol 22 Upgrade Ahead Of April 27 Mainnet Deadline
TLDR Pi Mainnet is upgrading to Protocol 22 before the Apr 27 deadline. Node operators need updated software to stay aligned with the network. Pi Node desktop software lists version 0.5.4 for Windows, Mac, and Linux. Pi says Mainnet nodes remain behind a firewall during the Enclosed Network period. Pi Node uses a consensus model […]
Crypto Hacks Surge: Over a Dozen DeFi Protocols Attacked Since $280M Drift Protocol Exploit
TLDR At least 12 crypto entities have been attacked since the $280 million Drift Protocol hack on April 1, 2026. Rhea Finance lost $7.6 million after attackers manipulated its Margin Trading feature using fake token contracts. Russia-linked Grinex exchange was drained of roughly $15 million in USDT, which was converted to TRX and ETH to […]
Bitcoin Recovery Fails To Lift Sentiment From Extreme Fear
The post Bitcoin Recovery Fails To Lift Sentiment From Extreme Fear appeared on BitcoinEthereumNews.com. Bitcoin Recovery Fails To Lift Sentiment From Extreme Fear Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Keshav is a Physics graduate who has been employed as a writer with Bitcoinist since June 2021. He is […]
GBP/USD: Gains capped as BoE stresses no urgency – DBS
The post GBP/USD: Gains capped as BoE stresses no urgency – DBS appeared on BitcoinEthereumNews.com. Philip Wee at DBS Group Research observes that GBP/USD has struggled to extend its rise, stalling just below 1.36 as Bank of England (BoE) officials signal no urgency to raise rates at the April meeting. Despite stronger-than-expected United Kingdom (UK) […]
Ethereum Foundation-funded project exposes 100 DPRK developers operating in crypto
The post Ethereum Foundation-funded project exposes 100 DPRK developers operating in crypto appeared on BitcoinEthereumNews.com. A six-month investigation backed by the Ethereum Foundation has uncovered how North Korean operatives quietly embedded themselves inside dozens of Web3 teams under false identities. Summary Ethereum Foundation backed a six-month probe that identified 100 North Korean operatives inside Web3 […]
Ethereum NFT Shutdown Sparks Art Storage Fears
The post Ethereum NFT Shutdown Sparks Art Storage Fears appeared on BitcoinEthereumNews.com. NFT shutdown highlights risk as 96% of collections show zero trading activity Market value plunged 72% in 2025, weakening platform stability and growth Blackdove shifts strategy, choosing to build its own marketplace system A major NFT marketplace closure is raising new concerns about […]
Oil: Current shock less damaging than 1970s – Commerzbank
The post Oil: Current shock less damaging than 1970s – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank economists Jörg Krämer and Bernd Weidensteiner argue that despite a sharper fall in global oil production than during the 1970s crises, advanced economies should suffer less this time. They highlight smaller price increases, lower oil intensity, and strategic reserves as […]
North Korean hackers target crypto entities after Drift Protocol breach
The post North Korean hackers target crypto entities after Drift Protocol breach appeared on BitcoinEthereumNews.com. North Korean hackers have targeted multiple crypto entities following the Drift Protocol hack, and Solana price predictions for April 16 sit at 0.1% YES, down from 2% a week ago. Market reaction The Solana price prediction for April 16 market […]
Google (GOOGL) Stock; Slips as Gemini Gains Photo-Based Image Personalization Tool
TLDRs; Google rolls out personalized image generation inside Gemini app using connected Google services data. Feature links Photos, Gmail, and Search for highly tailored AI-generated visual outputs. Investors remain cautious as privacy concerns and competition pressure sentiment around Google stock. Gemini update reflects broader shift toward “personal intelligence” AI assistants across tech industry. Google’s parent […]