Day: April 2, 2026

Bitcoin Liquidations Dethroned? A Tokenized Bet Just Posted Crypto’s Biggest Loss

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Tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset after ether at $104.5 million, and Bitcoin at $98.3 million. Hyperliquid’s Oil Perps Dethrone Bitcoin The single largest liquidation across all assets in the past 24 hours was not Bitcoin or Ethereum, but a $17.17 million Brent oil position on Hyperliquid, according to Binance Square. This marks the second time in under a month that oil has produced the biggest individual wipeout on a crypto venue. Related Reading The…

Iran Reportedly Accepts Crypto and Yuan for Strait of Hormuz Shipping Tolls

Iran has established what amounts to a formalized toll system at the Strait of Hormuz, accepting Chinese yuan and crypto – specifically stablecoins pegged to fiat currencies – as payment for naval escort through the waterway, according to a Bloomberg report published April 1. The system, administered through an Islamic Revolutionary Guard Corps-linked intermediary, assigns each nation a friendliness ranking of one to five and requires vessel operators to submit documentation for geopolitical vetting before receiving a VHF-broadcast passcode and IRGC Navy escort. At least two vessels have already paid…

Metaplanet Buys 5,075 Bitcoin in Q1 2026, Total Holdings Hit 40,177 BTC – Crypto News Bitcoin News

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Metaplanet Overtakes MARA Holdings in Bitcoin Race With Q1 2026 Purchase The Tokyo-based company Metaplanet (TSE: 3350 / OTCQX: MTPLF) disclosed the Q1 acquisition on April 2, 2026, confirming the purchase was completed by March 31. The company spent roughly $398 million on the quarter’s buys, acquiring bitcoin at a weighted average price of approximately $78,000 to $79,898 per coin. With bitcoin trading near $66,400 on announcement day, Metaplanet’s holdings carried a market value of approximately $2.67 billion. On a mark-to-market basis, that represents an unrealized loss of roughly 32…

US Treasury Seeks Public Input on State-Level Stablecoin Regulations

The U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) on April 1, 2026, formally soliciting public comment on the requirements that state-level stablecoin regulatory regimes must satisfy under the Guiding and Establishing National Innovation for U.S. Stablecoins Act – commonly known as the GENIUS Act – which President Donald Trump signed into law in July 2025. The NPRM establishes a 60-day comment window, with submissions due approximately early June 2026 and accepted through the federal public docket at regulations.gov. The action arrives as the aggregate market…

Drift Protocol Vault Loses $270 Million in Potential Exploit

Drift Protocol, the Solana-based perpetuals exchange, suffered the apparent drainage of approximately $270 million in assets from its primary vault address on April 1, 2026, according to on-chain data from Arkham Intelligence. The vault’s balance collapsed from $309 million to roughly $41 million across a rapid sequence of transactions spanning more than 15 distinct token types. Security researchers have not yet published an independent analysis confirming the precise exploit vector, and Drift has characterized the situation as an active investigation. A protocol that loses nearly half its total value locked…

Genius Group Liquidates Entire Bitcoin Treasury to Repay $8.5M Debt

Genius Group (GNS) liquidated its entire Bitcoin treasury – 84 BTC valued at approximately $5.7 million as of March 2026 – to retire $8.5 million in debt, a full disposition that confirms the company’s balance sheet had reached a point where no alternative capital source was available to service the obligation. The sale was disclosed alongside the company’s Q1 2026 earnings release and represents a complete reversal of the Bitcoin accumulation posture the company publicly committed to just eighteen months ago. The liquidation is particularly notable given that Genius Group’s…

Malta and Seychelles Regulators Agree to Exchange Information on CFD and Financial Oversight

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Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026…

Alleged Huione Money Laundering Boss Extradited to China

Li Xiong, a 41-year-old China-born national and alleged operational leader of Huione Group’s money laundering network, was extradited from Cambodia to China on April 1, 2026, to face charges of large-scale fraud, money laundering, operation of illegal casinos, and concealment of criminal proceeds – marking a significant escalation in bilateral enforcement cooperation between Beijing and Phnom Penh targeting cryptocurrency-linked financial crime. Li’s extradition follows the revocation of his Cambodian citizenship and arrives less than three months after Prince Group founder Chen Zhi was similarly transferred to Chinese jurisdiction in January…

Adrian Wall of Digital Sovereignty Alliance Speaks on Tokenization at Penn Blockchain Conference 2026 – Press release Bitcoin News

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PRESS RELEASE. Washington, D.C., April 2, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research and education surrounding emerging technologies, today announced the successful conclusion of its participation in the 6th Penn Blockchain Conference as a Platinum Sponsor, held on March 27–28 at the Penn Museum in Philadelphia. The conference and hackathon, organized by the University of Pennsylvania’s Blockchain Club, brought together students, developers, and industry leaders to explore the evolving role of decentralized technologies. Designed to bridge academia and…

Two Pieces of Code Keep Bitcoin Scarce Forever

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io If mining Bitcoin is profitable and the price keeps going up — what stops every computer on Earth from switching to a Bitcoin miner at once? What stops Bitcoin from being mined out of new supply in weeks? The answer is two pieces of code Satoshi Nakamoto quietly baked into the protocol from day one. Once you understand them, you’ll understand why Bitcoin is the first genuinely scarce asset in human history. #Bitcoin #BitcoinMining #DigitalScarcity #BitcoinShorts #BitcoinEducation RESOURCES & LINKS: 🚀 Buy…