Category: Crypto News
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Carrot’s TVL Collapses 93% in a Month Following Drift Hack
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In an X post on Thursday, Carrot said the Drift exploit was “catastrophic” for the protocol and had left it financially…
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Bitcoin Could Free Businesses From Bank Control, CEO Says
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Twenty One Capital holds 43,514 Bitcoin worth roughly $3.3 billion — and its CEO wants the world to know why. A Direct Attack On Card Networks Jack Mallers took the stage at the Bitcoin 2026 Conference with one clear message: the payment…
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Shinhan Card Partners with Solana for Stablecoin Payments, DeFi Infrastructure
One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced follow-on proof of concept (PoC). Following a joint pilot project completed at the beginning of April, the new partnership will…
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Crypto Tops X’s Most-Muted List, and AI Slop May Be Why
Crypto has topped the list of most-muted topics on X since the platform rolled out its snooze feature, with spam and artificial intelligence content, or “AI slop,” likely playing a major role. On Thursday, Nikita Bier, X’s head of product, revealed that crypto has become the most-muted topic ahead of politics, the Iran conflict, sports…
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Bitcoin Price Is Likely to Remain Under $80K for Longer: Here’s Why
Bitcoin (BTC) rebounded 32% to a 10-week high of $79,500 on April 22 from its sub-60,000 multi-year low. But recent buyers took advantage of the rally to exit as the price has since corrected to $76,000 on Thursday, with $80,000 proving a tough barrier to break. Key takeaways: Bitcoin sell pressure risk exists around $80,000,…
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Startale Group Embeds Privacy Boost, Enables Sub-500ms Shielded Asset Transfers
Key Takeaways: Startale Group chooses Sunnyside Labs to bring native privacy to its consumer-facing app. Privacy Boost delivers 1,800+ transactions per second on Soneium to solve blockchain transparency issues. Startale will expand private payment flows and Mini Apps as its ecosystem scales on the Sony blockchain. Infrastructure for Private Transfers Startale Group announced April 28…
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Ethereum Bull Tom Lee Backs 3,000% ETH Upside Case
Fundstrat co-founder Tom Lee shared a “generational play” thesis for Ethereum that predicts 3,000% upside in Ether (ETH) price to $60,000. Key takeaways: ETH is testing a key long-term support trend line that preceded 5,000% gains in the past. Tom Lee amplified the fractal setup, which projects ETH toward $60,000 by 2030. ETH price chart:…
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Crypto Hacks Hit $630M In April as DeFi Dominates Losses
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year. According to DeFiLlama, the total value hacked in April so far amounted to $629.7 million, the highest since $1.47 billion in February 2025. With KelpDAO’s $293…
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RLUSD Goes Live on OKX With XRP Pair and 280+ Markets
Key Takeaways: Ripple and OKX launched RLUSD across 280+ eligible spot pairs. Traders gain RLUSD collateral support, XRPL transfers, and broader liquidity. Additional OKX integrations are planned as regional availability varies. RLUSD Expands Across OKX Spot and Derivatives Markets Ripple and OKX announced on April 29 an integration to expand RLUSD access across OKX, launching…
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DeFi Exploits Push Builders to Rethink Emergency Controls
Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit breakers and other emergency controls are now necessary to protect users from exploits. The Flying Tulip founder told Cointelegraph in an interview that many protocols are no longer immutable public goods, but rather “teams running…
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