Category: Bitcoin News

FARTCOIN Price Pumped 27% Then Crashed in Hyperliquid Manipulation Attempt – Crypto News Bitcoin News

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Key Takeaways: A trader using 4 wallets built a 145.24M FARTCOIN long on Hyperliquid, losing $3.02M on April 9, 2026. Hyperliquid’s HLP vault absorbed roughly $1.5M in realized losses as ADL mechanics were triggered by thin liquidity. Peckshield analysts suspect the same actor behind prior $XPL manipulation may strike similar low- liquidity perp markets next. FARTCOIN Perp Exploit on Hyperliquid Drains $1.5M From Liquidity Vault in Hours The position, flagged by onchain analysts like Lookonchain, and worth approximately $15 million notional at the time of entry, drove a temporary price…

Bitcoin Developer Unveils Quantum-Resistant Wallet Rescue Prototype – Crypto News Bitcoin News

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Key Takeaways: Lightning Labs CTO Olaoluwa Osuntokun built a prototype to secure bitcoin wallets from quantum risk. Tests show <1 min proof time and 1.7MB size, offering scalable recovery for Bitcoin users. BIP-360 gains urgency as quantum threat debate grows, with adoption possible in next few years. New Tool Aims to Save Bitcoin Wallets From Quantum Threat A senior bitcoin developer has introduced a prototype designed to solve a long-standing problem: how to protect users if the network ever faces a quantum computing threat. Olaoluwa Osuntokun, Chief Technology Officer at…

Bhutan State Bitcoin Wallet Drops to 3,954 BTC After Latest Sale – Crypto News Bitcoin News

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Key Takeaways: Druk Holding & Investments moved 319.7 BTC worth roughly $23 million on April 9, 2026. Bhutan’s bitcoin reserves have dropped by 9,046 BTC since the reserve’s 13,000 BTC peak. Onchain data shows no new mining inflows in over a year, signaling continued treasury drawdown by DHI. Druk Holding & Investments Moves $23M in Bitcoin in Latest Treasury Action Onchain analytics firm Arkham Intelligence tracked the outflow from a Druk Holding-linked wallet to two destination addresses. One address has a documented history of routing funds through trading partners, including…

Bithumb Seeks Court Seizure of Assets to Recover Unreturned Bitcoin From $44B Blunder – Crypto News Bitcoin News

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Key Takeaways: Bithumb mistakenly sent 620,000 BTC on Feb. 6, 2026, creating a massive $44 billion clerical error. The error prompted an FSS inspection of Bithumb to tighten virtual asset protection laws and control rules. Bithumb filed for a provisional seizure of assets to recover 7 BTC currently worth over $472,500 in 2026. Costly Clerical Error South Korean cryptocurrency exchange Bithumb has reportedly initiated legal proceedings to recover remaining funds mistakenly sent to participants in a promotional event. According to a local report, the exchange is seeking a provisional seizure…

Bithumb seeks legal action over remaining Bitcoin after $42 billion payout error

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Crypto exchange Bithumb has initiated legal proceedings against several users to recover the remaining 7 Bitcoin missing from the massive payout error in February. Summary Bithumb has initiated legal action to recover 7 Bitcoin still missing after a payout error that mistakenly distributed funds during a February promotion. The exchange recovered 99.7% of the funds on the same day, while the remaining portion was covered using company reserves and later pursued from users. The South Korean crypto exchange has reportedly filed for provisional seizures, which will allow it to freeze…

Anthropic’s Unreleased AI Cracked Linux and OpenBSD Bugs Humans Missed for Decades – Bitcoin News

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Key Takeaways: Anthropic’s Claude Mythos Preview scored 83.1% on Cybergym, finding thousands of zero-days across every major OS and browser. Project Glasswing launched April 7, 2026, with 11 founding partners and up to $100 million in Mythos usage credits for defenders. A 27-year-old OpenBSD flaw and a 16-year-old FFmpeg bug survived millions of automated tests until Mythos found them in hours. Claude Mythos AI Scored 83% on Cybergym and Found Critical Flaws Across Every Major Browser and OS The model, which Anthropic describes as the largest single-model capability gain in…

Crypto RWA Perpetuals Challenge TradFi Market Share – Crypto News Bitcoin News

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Key Takeaways: Binance Research saw RWA perps jump from 0.2% to 4.9% in 90 days, challenging futures markets. Gold hit 3.6% of COMEX and silver 13.6% by April, signaling rising crypto price discovery. Circle (CRCL) perps reached 12.1% of NYSE volume, pointing to broader asset expansion next. Crypto Derivatives Surge as RWA Perps Expand Market Share Crypto-native perpetual markets linked to real-world assets are expanding at a pace that is beginning to challenge traditional finance benchmarks. According to Binance Research, the data from the past 90 days shows a sharp…

Bitcoin recovery rally fades as liquidations and macro risks return

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Bitcoin’s push toward $73,000 has lost traction, leaving the market exposed to renewed downside risks as macro uncertainty returned. Summary Bitcoin rally to $72,698 stalled at resistance, triggering over $150M in long liquidations. Ceasefire tensions resurfaced after officials called the deal a “fragile truce” and reports pointed to violations. The flagship cryptocurrency climbed to a weekly high of $72,698 on Tuesday, gaining nearly 6% in under four hours as global markets responded to news of a two-week ceasefire agreement between the United States and Iran.  Bitcoin rose as risk sentiment…

UK Betting Industry Warns Affordability Checks Will Push Punters to Black Market – iGaming Bitcoin News

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Key Takeaways: Yougov poll for BGC finds 65 percent of UK bettors would refuse to submit financial documents British Horseracing Authority letter to Lisa Nandy signed by 408 industry figures UK Remote Gaming Duty rose from 21 percent to 40 percent on April 1, 2026 408 Racing Figures Urge Culture Secretary to Pause Rollout The findings, published on April 8, land as the UK Gambling Commission prepares to sign off on its financial risk assessment framework next month, with full operator compliance expected by the third quarter of the year.…

Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News

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Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s outstanding BTC-collateralized debt to $30.6 million and reduced its hashrate to 37.01 EH/s by March 31. Cango secured a $65 million insider equity investment and a $10 million convertible note from DL Holdings to fund its AI compute pivot. Bitcoin Miner Cango Cuts Crypto-Backed Loans With Pair of Large BTC Sales Cango Inc. (NYSE: CANG) executed the first sale on approximately Feb. 7-8, offloading 4,451 BTC…