Author: boss

Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack – Bitcoin News

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Key Takeaways: An attacker exploited KelpDAO’s cross-chain bridge on April 18, stealing 116,500 restaked ETH worth roughly $292 million. The breach triggered more than $13 billion in DeFi TVL outflows within 48 hours, hitting Aave, Compound, Morpho, and at least 9 other protocols. Charles Hoskinson says Midnight’s zero-knowledge proofs and multi-party computation could prevent this class of attack from repeating. Hoskinson Explains Why Cardano’s Non-Custodial Staking Sidesteps Restaking Risk Charles Hoskinson, founder of Cardano and Ethereum co-founder, broke down the attack in a video published from Wyoming, walking viewers through…

The Dogecoin Breakout That Could Send Price Rallying 3,000% To $4

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Crypto analyst Trader Tardigrade has predicted that Dogecoin could rally 3,000% to a new all-time high (ATH) of $4. The analyst highlighted a bullish setup, indicating that the leading meme coin has formed a base that could spark a parabolic rally to the upside.  Dogecoin Eyes Rally To $4 With This Bullish Setup In an X post, Trader Tardigrade stated that Dogecoin’s launch pad is set and that the setup before a massive surge is in place. His accompanying chart showed that DOGE could reach $4, seeing as this launchpad…

Here Is Why The Bitcoin Price Upside Could Be Capped at $84K

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Market analysts said Bitcoin’s (BTC) latest rally to $78,000 means that the “uptrend has began,” but the upside could be capped at $84,000, based on several key metrics. Key takeaways: Bitcoin profitability suggests BTC rally “has begun”  Bitcoin’s recent price recovery toward $76,000 has pushed it more than 26% above its sub-$60,000 multi-year low reached on Feb. 6. This was accompanied by an increase in the Spent Output Profit Ratio (SOPR), which hit an eight-month high of 2.87, after dropping as low as 0.62 in early February. Related: Bitcoin risks…

Core Scientific Plans $3.3B Debt Raise to Expand AI Data Centers

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Core Scientific is seeking to raise $3.3 billion in debt to support its expanding data center operations across the United States, as crypto miners increasingly pivot toward high-performance computing and artificial intelligence workloads amid tighter conditions in the mining sector. The financing will come through senior secured notes due in 2031, the company disclosed Tuesday. The notes will be backed by Core Scientific’s assets, giving investors priority claims in the event of default. Unlike an equity raise, the offering allows the company to access capital without diluting existing shareholders. Proceeds…

Bitcoin Short Squeeze Bets Return With Market ‘Heavily Short and Bearish’

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Bitcoin (BTC) sought to match ten-week highs on Tuesday as market participants bet on a new short squeeze. Key points: Bitcoin is due a fresh short squeeze as funding rates uniquely stay negative as price grinds higher, say market pundits. Short-term targets include a trip to $85,000 in the coming weeks. Bitcoin bulls still need to clear the nearby 21-week trend line keeping price pinned since October 2025. “Cannon is loaded” for Bitcoin short squeeze Data from TradingView showed BTC/USD approaching $77,000 for the first time this weekly candle. BTC/USD…

Prospective Fed Chair Pressed on Potential Conflicts of Interest

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The nominee to lead the US Federal Reserve, Kevin Warsh, on Tuesday faced criticism and backlash from Democrats questioning his financial disclosures and potential conflicts of interest. Heading into today’s Senate Banking Committee confirmation hearing, it was clear that the independence of the Fed remains a key issue for many lawmakers concerned about US President Donald Trump’s influence over any Senate-confirmed candidate.  With Jerome Powell’s term as the US Federal Reserve Chair set to expire next month, lawmakers are scrambling replace the long-serving official.  Under questioning from Massachusetts Senator Elizabeth…

Why The PEPE Price Could Stage A 55X Rally To Reach New $0.0001 ATH

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The PEPE price has now started to edge back into bullish conversations after the recent inflows into the crypto market. The last time PEPE’s weekly chart printed the kind of structure now forming on its chart, its price action delivered one of the most violent vertical rallies in crypto history. That was in 2023. Crypto analyst Crypto Patel is now arguing, with charts in hand, that the fractal-level structure has reloaded and that this cycle’s rally could be even bigger. A PEPE Fractal Built On Rare Confluence At the time of…

Polish Parliament Stalls on Crypto Law, Local Firms Look Abroad

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Poland’s parliament, the Sejm, has yet to pass a domestic enabling act for the EU’s regulations on cryptocurrencies.  The parliament has again failed to override a presidential veto on a key crypto regulation bill. President Karol Nawrocki defended his veto, citing concerns over excessive regulation that could harm small businesses. Opponents state that the lack of framework makes the Polish market vulnerable to fraud and free-for-all for illicit actors. The political path forward is unclear. Outside the political arena, the reality is that Poland is the only EU member state…

UK to Overhaul Payments Rules, Appoints Tokenization Lead

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The United Kingdom is revisiting its payments rulebook to support the adoption of new fintech and payment technologies such as stablecoins and tokenization. In a Tuesday announcement, HM Treasury and Economic Secretary to the Treasury Lucy Rigby said the government will consult on reforms for payment services and electronic money rules. The Treasury said the changes are meant to create a single framework for traditional and tokenized payments, including stablecoins and tokenized deposits. It also said it plans to bring forward legislation to reduce administrative burdens for companies seeking to…

XRP Poised To Dominate New DeFi Cycle, XRPL Validator Says

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XRP’s decentralized finance ecosystem is growing fast. Its FXRP supply is closing in on 160 million tokens, a milestone that signals rising adoption just months after launch — and the numbers are fueling a broader argument about where XRP stands in the future of decentralized finance. Related Reading XRPL Validator Makes The Case For Stability A validator on the XRP Ledger known as Vet made waves on X this week, arguing that XRP is built to drive the next phase of DeFi in a way that other protocols are not.…