Drift hack exposes $270M long-con attack
Drift Protocol said a North Korean state-linked group orchestrated a six-month infiltration before executing a $270 million exploit on April 1, following a prolonged social engineering campaign.
Drift Protocol said a North Korean state-linked group orchestrated a six-month infiltration before executing a $270 million exploit on April 1, following a prolonged social engineering campaign.
Pump.fun’s $350 million token buyback programme has failed to stabilise PUMP, with the token now trading near record lows despite aggressive repurchases.
Michael Saylor pushed back against Peter Schiff’s claim that Bitcoin underperformed over five years, arguing the analysis relied on a misleading timeframe starting near a market peak.
Crypto trader James Wynn outlined a defensive strategy across markets as geopolitical tensions escalate following Donald Trump’s ultimatum to Iran over the Strait of Hormuz.
Oil prices climbed sharply above $110 a barrel after Donald Trump threatened to strike Iranian infrastructure unless the Strait of Hormuz reopens by Tuesday.
Harvard economist Kenneth Rogoff said the Chinese yuan could emerge as a global reserve currency within five years as countries seek alternatives to the US dollar.
Rwanda’s central bank warned citizens against using the Rwandan franc in crypto transactions after Bybit launched an FRW peer-to-peer trading feature without regulatory approval.
Robert Kiyosaki said current economic pressures reflect a long-term shift that began in 1974, urging investors to consider Bitcoin and gold as alternatives to traditional financial systems.
The $280 million exploit of Solana-based Drift Protocol may constitute civil negligence due to failures in basic security practices, according to crypto attorney Ariel Givner.
Bitcoin is trading around $67,100 and holding within a $65,000 to $73,000 range despite the most negative sentiment levels since the Iran conflict began in late February.
Artificial intelligence is making cyberattacks on crypto platforms cheaper and easier, according to Ledger chief technology officer Charles Guillemet, raising fresh concerns about digital asset security.
Bitcoin may no longer track Federal Reserve policy as closely as before, with new data suggesting the cryptocurrency is now leading rather than reacting to monetary signals.