Tag: Million

Ethereum Foundation Reaches 70,000 ETH Staking Target With $93 Million April Deposit – Crypto News Bitcoin News

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Key Takeaways: The Ethereum Foundation staked 45,034 ETH on April 3, 2026, pushing its total to roughly 69,500 ETH. The 70,000 ETH staking initiative is projected to generate $3.9–$5.4 million annually, reducing ETH sales. Arkham Intelligence data shows the EF still holds over 100,000 ETH total, with plans to reach its full target soon. Ethereum Foundation Staking Update: 69,500 ETH Now Securing Proof-of- Stake Network The April 3 deposits, valued at roughly $93 million at prevailing prices near $2,059, arrived in multiple batches of 2,047 ETH each. Onchain data tracked…

Bitcoin ETFs Add $9 Million While Ether Sees $71 Million Exit – Markets and Prices Bitcoin News

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Ether Outflows Deepen as Bitcoin Ends Short Week Positive The week closed quietly, but not without contrast. As markets prepared for the Easter break, flows revealed a split narrative across crypto ETFs. Bitcoin ETFs returned to positive territory with a modest $8.99 million inflow, enough to end the shortened week on a steadier note. The gains were led by Fidelity’s FBTC, which drew $7.29 million, alongside Vaneck’s HODL with $4.74 million in inflows. There was some pressure. Blackrock’s IBIT recorded a $3.04 million outflow, but it was not enough to…

Riot Platforms Sells 3,778 Bitcoin in Q1 2026, Raising $289.5 Million for Data Center Expansion – Mining Bitcoin News

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Riot Platforms Q1 2026 Update The Texas-based bitcoin miner and data center developer (Nasdaq: RIOT) sold more than 2.5 times the 1,473 BTC it produced during the quarter. The company described the sales as routine treasury management to generate fiat liquidity for operational and capital expenses. Riot’s bitcoin holdings fell to 15,680 BTC by quarter’s end, down 18% from 19,223 BTC held at the close of Q1 2025. Of the current holdings, 5,802 BTC are restricted. Riot has consistently converted portions of its mined bitcoin to fund electricity costs, hardware…

Bitcoin Miner Soluna Closes $53 Million Wind Farm Acquisition in West Texas – News Bytes Bitcoin News

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Soluna Holdings, Inc. announced on April 2, 2026, the successful closing of its $53 million acquisition of the Briscoe Wind Farm in West Texas. This transaction, financed through cash and debt, allows the Albany-based developer to own the renewable energy source powering its Project Dorothy data center infrastructure. The acquisition is immediately accretive, featuring a projected year-one Adjusted EBITDA between $6 million and $11 million. Soluna now manages a total capacity of 150 MW at this site, providing a foundation for the planned 300 MW Project Dorothy 3 AI campus…

Crypto Hackers Steal $168 Million from DeFi Protocols in Q1 2026

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Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from DefiLlama.  The $40 million private key compromise of Step Finance in January was the largest exploit of the quarter, the data shows, followed by a smart contract manipulation that drained $26.4 million in ether (ETH) from Truebit on Jan. 8. The third-largest was a private key compromise targeting stablecoin issuer Resolv Labs on March 21. The quarterly figure…

XRP Whales Move $592 Million From Exchanges In Two Days. Discover What Triggered It

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XRP is struggling to hold current support levels. The market is uncertain. And in the final days of March, the largest XRP holders on two of the world’s biggest exchanges made a decision that the price action is not yet reflecting. Related Reading A CryptoQuant report has documented the strongest wave of whale-sized XRP withdrawals since early February. Across two sessions — March 27 and March 30 — large outflows from Binance and Coinbase combined to reach approximately 442 million XRP, worth nearly $592 million at prevailing prices. That figure…

Outflows Return for Bitcoin ETFs With $174 Million Exit – Markets and Prices Bitcoin News

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Ether Sees Renewed Selling as Bitcoin ETFs Lose $174 Million The early-week rebound for crypto ETFs did not last long. After two days of steady inflows, crypto ETFs turned lower again, a reminder of how fragile sentiment remains. Bitcoin ETFs posted a sharp $173.73 million in net outflows, erasing much of the week’s earlier gains. The selling was concentrated in key funds. Blackrock’s IBIT led with an $86.52 million exit, closely followed by Fidelity’s FBTC at $78.64 million. Additional pressure came from Grayscale’s GBTC, which saw $13.26 million in outflows,…

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…

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million – Markets and Prices Bitcoin News

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Second Straight Day of Strong Inflows for Bitcoin and Ether ETFs Momentum is building again. Not explosively, but steadily enough to shift the tone. Bitcoin ETFs recorded a second straight day of inflows, pulling in $117.63 million and reinforcing the week’s early recovery. This time, the leadership was clear. Blackrock’s IBIT returned to the forefront with a commanding $98.42 million inflow, reasserting its role as the market’s primary driver. Fidelity’s FBTC followed with a solid $16.24 million addition. Smaller, yet notable, inflows were seen in Bitwise’s BITB at $1.84 million…

OpenFX Raises $94 Million Series A to Scale Global Cross-Border Stablecoin Payments – News Bytes Bitcoin News

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OpenFX announced on March 31, 2026, that it raised $94 million in Series A funding led by investors including Accel, Atomico, and Pantera. Founded in 2024, the company utilizes stablecoins as intermediary settlement rails to connect traditional banking systems with digital-native infrastructure for near-instant Foreign Exchange (FX) conversion. The platform provides institutional-grade liquidity across more than 40 trading pairs and has grown its annualized payment volume from $4 billion to over $45 billion. The new capital supports expansion into Southeast Asian markets and the deepening of Latin American corridors where…