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Drift Hack Fallout: Circle Faces Harsh Criticism for Not Freezing Stolen USDC
Stablecoin issuer Apartment‘s (NYSE:CRCL) operations have come under tight scrutiny following a recent $285 million exploit. Drift ProtocolSolana is the leading decentralized perpetual futures exchange on the blockchain. The incident sparked widespread debate about the issuer’s responsiveness and ability to…
Can Bitcoin hold its ground after low activity and rising RVTS signal market imbalance?
The Bitcoin market is shifting towards a quiet imbalance where price strength no longer reflects underlying network activity. Understandably, this raises some questions about what actually drives value. At the time of writing, the RVTS (Realized Value Transaction Volume) Ratio…
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Hochul tackles exodus of rich to Red States as Dimon warns taxes are driving flights and Mamdani raises hikes
New York Governor Kathy Hochul is urging wealthy residents who have moved to lower-tax states to return, warning that the state’s tax base is eroding. He emphasized that high-income earners are essential to sustaining New York’s comprehensive social programs and…
OpenFX Raises $94 Million from Series A
OpenFXFX infrastructure company targeting rails that power cross-border money movement raises $94 million A Series Funding from Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera. Founded in 2024 by FalconX co-founder Prabhakar ReddyOpenFX connects traditional banking systems to digital native…
Is Metaplanet’s October TOPIX entry at risk? Inside JPX’s crypto edition
Japan Exchange Group (JPX) is considering blocking firms that park more than 50% of their assets in crypto, reigniting fears about Metaplanet and other digital asset troves (DATs). According to local broadcaster Nikkei, the proposed rules would block new crypto…
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Visa Introduces Advanced Subscription Manager
Visa recently introduced Advanced Subscription Manager, a value-added service within its Digital Card Solutions business. As the number of subscriptions worldwide is predicted to reach 12 billion by 2030, consumers are looking for simple and transparent ways to track and…
Cryptocurrency investors are warned! Why Trump’s weekend post could trigger purges on Monday
Is the worst yet to come for crypto? From a technical perspective, the market is officially entering the second quarter. But we need to check where it is to see where it’s going. The first quarter closed with total crypto…
