Month: April 2026

Bitcoin price breaks above $76K ahead of potential U.S.-Iran deal

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Bitcoin price reclaimed the $76,000 mark on Tuesday as investors await confirmation of a potential peace deal between the U.S. and Iran. Summary Bitcoin reclaimed $76K after dipping below $74K, rising 2% to an intraday high of $76,483 as investors bought the recent pullback. Price action remained tied to U.S.-Iran tensions, with markets awaiting clarity on a potential peace deal ahead of a Wednesday deadline. Analysts warn BTC could target $80K on a deal, while prolonged conflict risks a drop below the $75K psychological support level. According to data from…

European Banks Back MiCA Euro Stablecoin to Rival Dollar Tokens

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A consortium of 12 European banks led by Qivalis has selected digital asset custody provider Fireblocks to provide infrastructure for a Markets in Crypto Assets Regulation (MiCA)-compliant euro stablecoin, according to a Tuesday release shared with Cointelegraph.  Qivalis’s stablecoin is intended to support institutional use cases such as settlement, treasury and tokenized assets. Fireblocks said it will provide tokenization technology, wallet infrastructure, custody, and other important tools and features to support compliance, such as identity verification and sanctions screening. The group says it is targeting a launch in the second…

LayerZero Under Fire For KelpDAO $290M Exploit Response

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LayerZero is facing heavy criticism for its response to the recent $290 million KelpDAO exploit after the omnichain interoperability protocol blamed Kelp’s 1-of-1 verifier configuration for the incident. Related Reading LayerZero Blames KelpDAO For $290M Exploit Over the weekend, liquid restaking protocol KelpDAO was the victim of an attack that drained over $290 million in rsETH from the project after malicious actors exploited a weakness in the protocol’s LayerZero-powered bridge. Two days later, LayerZero addressed the incident, which became the largest DeFi hack of 2026, just weeks after Drift Protocol’s…

AAVE Price Plummets By 26%: $9 Billion Net Outflows Traced To Kelp DAO Hack

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A $292 million hack tied to restaking protocol Kelp DAO has rippled through decentralized finance (DeFi) lending and market confidence far beyond the original incident, with Aave emerging as one of the hardest-hit examples.  Over the weekend, Aave’s native token (AAVE) fell by about 26%, while the protocol also saw a sharp decline in total value locked (TVL) and continued outflows that intensified the downturn. Kelp DAO Hack Sparks Aave Crisis The chain of events began with the attacker draining roughly 116,500 rsETH—valued at about $292 million—from Kelp DAO’s LayerZero…

Fake Police Raid Scam Forces Victim to Send $1M in Bitcoin

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Key takeaways Crypto security is expanding beyond digital threats, with criminals increasingly targeting individuals directly through physical coercion rather than trying to exploit blockchain vulnerabilities or hack wallets. The French case illustrates how attackers used a fake police raid and violence to force a Bitcoin transfer worth $1 million, bypassing encryption entirely by compelling the victim to authorize the transaction. Wrench attacks are rising, with criminals using threats or force instead of technical exploits. This highlights how human vulnerability can override even the most secure cryptographic systems. Impersonating authority figures…

🚨 THE CLARITY ACT FIGHT JUST EXPLODED (UPDATE)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io THREE MAJOR CLARITY ACT DEVELOPMENTS JUST DROPPED — AND EVERY XRP HOLDER NEEDS TO UNDERSTAND WHAT’S HAPPENING RIGHT NOW. Global finance is shifting to blockchain as major institutions integrate the technology for a massive asset migration. However, this multi-trillion-dollar transition hinges entirely on the CLARITY Act passing to permanently classify XRP as a commodity and end regulation by enforcement. Timestamps 00:00 The Clarity Act faces opposition from DeFi insiders, Coinbase, and White House threats 02:49 Coinbase fights the current draft to prevent…

Why the Wealthy Are Doubling Down on Bitcoin-Backed Debt

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Key Takeaways: Xapo members increased active bitcoin-backed loans by 8.9% in Q1 2026 to avoid selling during volatility. Institutional use of bitcoin as collateral grew as 53.9% of loans shifted to long-term 365-day structures. Gen X and Millennials now control 76% of Xapo AUM, signaling bitcoin’s future as a foundational wealth asset. The Institutionalization of Bitcoin-Backed Borrowing As bitcoin markets weathered a turbulent start to 2026, a new trend has solidified among the world’s wealthiest holders: They aren’t selling for cash; they are borrowing against the cryptocurrency instead. Data from…

Arbitrum Freezes 30K ETH Tied to Kelp Hack

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Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on Monday that its security council, a 12-member body elected by the Arbitrum community, took “emergency action” to freeze 30,766 Ether (ETH) that was held in a wallet connected to the Kelp exploit. It added that the ETH had been moved to “an intermediary frozen wallet” and was “no longer accessible to the address that originally held the funds, and…

Bitcoin Rally May Be A Trap As Whales Sell Into Strength

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Bitcoin’s rebound from the February 6 low at $60,000 is showing early signs of structural improvement, but the move still looks more like a bear market rally than a confirmed breakout, according to CryptoQuant analyst Maartun. In an April 20 video, the analyst argued that while long-term holders are accumulating and strategic capital is entering the market, persistent selling from short-term holders and whales is still capping upside. Maartun framed the current setup as a question of market character rather than raw price performance. Bitcoin is trading around $75,000, roughly…