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Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the Drift Protocol decentralized exchange (DEX) following an exploit of the platform in April.The recovery plan for the…
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Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1.The lawsuit was filed by Drift investor Joshua McCollum…
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Ethereum price falls to $2,325 on…
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Key points:Bitcoin’s shallow pullback from the $76,000 resistance suggests that buyers are holding onto their positions, expecting the recovery to continue.Select major altcoins are showing strength and are expected to break above their…
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Key takeaways:Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery.Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the…
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This rotation between short-term selling and constrained supply begins to shape how Bitcoin behaves near resistance. As the price approaches the $73,000 to $75,000 zone, STH continues circulating supply, reacting quickly to volatility, and…
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The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines.The latest filing by the crypto-aligned political action committee (PAC) headed by…
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Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high.The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts. Ether’s…
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Sponsored ContentSandwich attacks cost Ethereum users an estimated $60 million per year. Transactions broadcast to the public mempool are publicly visible before inclusion, which gives MEV bots the ability to affect the order of…
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Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary…
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