Circle stock sinks 10% amid analyst downgrade, Drift Protocol probe
The stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and market risk. Go to Source
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The stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and market risk. Go to Source
Newly appointed company president Brett Redfearn briefly worked as Coinbase’s head of capital markets and served for more than three years at the SEC. Go to Source
International law enforcement agencies led by the U.K.’s National Crime Agency froze more than $12 million in suspected criminal proceeds and identified more than 20,000 victims during a coordinated crackdown on cryptocurrency investment fraud. Key Takeaways: The NCA’s Operation Atlantic froze over $12 million in criminal crypto proceeds and identified 20,000 victims across 3 countries. … Read more
Bitcoin continues to show strength even as US recession risks rise and the fragile ceasefire with Iran begins to show cracks. Go to Source
The Treasury Department said the move reflects increases in frequency and sophistication of actions targeting digital asset platforms. Go to Source
Iran struck Saudi Arabia’s East-West Pipeline after the U.S.-Pakistan-brokered ceasefire took effect, and Israel hit Lebanon with its largest airstrike wave in years, leaving a two-week truce looking fragile before the ink dried. Key Takeaways: Iran struck Saudi Aramco’s East-West Pipeline on April 8, cutting roughly hundreds of thousands of barrels per day of flow. … Read more
A rare signal from an ETH price indicator suggests Ether is undervalued, while demand in spot and futures markets hints at a rally to $2,500. Go to Source
With a potential scheduling conflict, several senators want to know if the president plans to attend a luncheon for memecoin holders in Florida or just seeking to generate fees. Go to Source
CoreWeave’s financing highlights Wall Street’s shift away from volatile, hardware-backed crypto lending toward cash-flow-driven AI infrastructure, according to TheEnergyMag. Go to Source
With market pricing data currently monopolized by a few players, Pyth seeks to democratize access with a pay-on-demand model beginning with seven big-name providers. Go to Source