24/7 Blockchain industry dynamics and breaking crypto news
CoW Swap recently regained control of its cow.fi domain after a sophisticated social engineering attack on its DNS registrar. The attackers deployed phishing sites to steal assets. The core protocol remained secure. This article details the incident and provides essential user protection steps.
Read MoreSouth Korea's Ministry of Economy and Finance has selected a blockchain-based digital deposit token pilot for treasury fund execution. Government expenses will shift to token payments to enhance transparency and reduce fees, starting in Sejong City in Q4 2024.
Read MoreSolana's LST protocol Sanctum released its Q1 metrics. Protocol revenue dipped 15.3% to $1.46M, while SOL staking grew 8.6% to 15.6M. CLOUD token market cap fell 47.6%, with valuation ratios declining, indicating a market recalibration phase.
Read MoreA political action committee backed by Solana Institute has pledged over $8 million to support pro-crypto Republican candidate Jon Husted against crypto-skeptic Democratic incumbent Sherrod Brown in Ohio's Senate race, highlighting the industry's growing political influence.
Read MoreECB official De Marco stated that if adverse economic scenarios materialize, the market's expectation of two rate hikes would be justified. This highlights the interplay between central bank policy and market forecasts.
Read MoreBitMEX co-founder Arthur Hayes argues that Bitcoin's next major rally depends on the Federal Reserve injecting liquidity to shore up bank balance sheets. He remains in an unleveraged BTC position and is optimistic about certain crypto assets amid geopolitical tensions.
Read MoreBitMEX Research proposes a novel 'canary' early-warning system as an alternative to a blanket quantum freeze for Bitcoin. It monitors a special, unspendable address; only if funds move from it—indicating a real quantum attack—would protective measures activate, preventing unnecessary market disruption.
Read MoreDespite growing debate over the dollar's dominance, Franklin Templeton's CIO argues its status remains secure. Backed by economic scale, market depth, and institutional credibility, the dollar faces no imminent threat. Creating a viable alternative would require decades of institutional and infrastructural development.
Read MoreA senior White House adviser stated on April 16 that the U.S. is prepared to maintain an indefinite naval blockade of Iranian ports if Tehran pursues adversarial policies. The remarks underscore escalating tensions and potential risks to regional maritime security.
Read MoreMidday updates highlight US crypto bill progress, AI energy consumption debate, and market risk warnings. White House pushes legislation, AI energy rivals Bitcoin mining, Fed's Beige Book cites Middle East conflicts. Market faces sell-off pressure, experts predict BTC, ETH, and tech stocks may lead next rally.
Read MoreNew York-based on-chain lending platform Votre has raised $3.75 million in seed funding led by a16z CSX. The platform offers non-custodial crypto loans on Base network, enabling asset holders to access liquidity. Funds will boost tech infrastructure and platform features.
Read MoreA major crypto exchange has launched a new built-in chatroom feature, seamlessly integrating real-time social interaction with cryptocurrency transfers. This move aims to create a closed-loop ecosystem from communication to transactions, enhancing user experience and convenience. It represents a significant step in the convergence of social functions and financial services within the crypto space.
Read MoreBlockchain intelligence reveals a coordinated transfer of 1,600 BTC, worth approximately $120 million, from Binance and BitGo to three newly created wallets within a 5-hour span. This significant movement by large-scale holders is drawing close market scrutiny.
Read MoreSpot silver prices surged over 2% on April 16, breaking past a key resistance level to reach $80.54 per ounce. The rally was driven by rising market uncertainty and a shift in the US dollar, drawing significant investor attention.
Read MoreFundstrat's Tom Lee notes persistent investor skepticism despite the S&P 500 hitting record highs. He forecasts the next major market rally will be led by Bitcoin, Ethereum, and the elite group of seven leading technology stocks (MAG7).
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