Ten foreign nationals across four firms have been charged with orchestrating pump-and-dump schemes. Federal prosecutors in California have charged ten foreign nationals from four crypto market-making firms with orchestrating wash trading and pump-and-dump schemes to artificially inflate token prices at the expense of retail investors. Three defendants were arrested in Singapore, extradited to the United…
Onchain data shows more than a dozen asset types drained from the Solana perp DEX’s main vault address in a rapid burst of transactions. Solana-based perpetuals exchange Drift Protocol has suffered a series of large-scale outflows, with roughly $270 million in assets moving from the protocol’s vault address in a matter of minutes. The transfers…
The $1.7 trillion asset manager will absorb the 250 Digital team and all liquid crypto strategies previously managed by CoinFund, targeting pensions and sovereign wealth funds. Franklin Templeton has agreed to acquire 250 Digital, an active crypto investment management firm spun out of venture firm CoinFund in January, establishing a dedicated division called Franklin Crypto…
Changpeng Zhao addressed quantum computing concerns, stating the crypto industry can upgrade to quantum-resistant algorithms to mitigate threats. Binance co-founder Changpeng Zhao posted on X on April 1, 2026, addressing growing concerns about quantum computing’s threat to cryptocurrency. CZ stated that the crypto industry can upgrade to quantum-resistant, or post-quantum, cryptographic algorithms to neutralize the…
Caltech researchers estimate a working quantum computer could be operational before 2030 using far fewer qubits than previously thought, as crypto industry assesses vulnerability exposure. Researchers at Caltech announced that a functional quantum computer may be feasible by 2030, requiring only 10,000 to 20,000 qubits rather than the millions previously estimated. The revised timeline comes…
Solana’s non-USD stablecoin adoption surged nearly threefold in the past year, driven by EURC and BRZ growth alongside institutional integrations from Visa, Stripe, PayPal, Mastercard, and Western Union. Unique senders of non-USD stablecoins on Solana nearly tripled year-over-year, according to data from Dune released April 1, 2026. The growth is being driven by adoption of…
Bitcoin’s reputation has historically been built on extreme boom-and-bust cycles, with steep drawdowns of up to 90% following all-time highs. This cycle, however, the decline has been closer to 50%, a shift that analysts said reflects the maturation of BTC as an asset class. “Bitcoin’s drawdowns compressing to about 50% is a sign of a…
Tokenization has become one of crypto’s favorite buzzwords, but Grayscale head of research Zach Pandl said investors should think about it less as a single trade and more as a long roadmap with different winners at different stages. Speaking at EthCC conference in Cannes, France, Pandl said that the trend is still in its infancy….
Crypto markets rallied on Wednesday as oil momentarily slipped below $100 per barrel after U.S. President Donald Trump said the war in Iran will end in “two to three weeks.” Bitcoin BTC$68,686.69 trades at $68,500 having risen by 0.4% since midnight UTC and 3.1% over the past 24 hours, while ether (ETH) is back at…
U.S.listed spot bitcoin ETFs ended March with $1.32 billion in net inflows to record their first monthly inflows since October, SoSoValue data shows. This follows four consecutive months of net outflows, which coincided with bitcoin declining by as much as 50% from its October all time high of $126,000. November saw $3.5 billion in outflows,…