Tag: Crypto

Drift Protocol announced on Tuesday that it has laid out a recovery plan for users affected by the April 1 exploit, an incident that resulted in a major loss of roughly $295 million in user funds on the lending decentralized exchange (DEX). Drift Protocol’s $295M Recovery Plan Drift Protocol’s...

Defend American Jobs, a crypto-backed PAC linked to Fairshake, has spent more than $500,000 to support a Republican incumbent in Indiana ahead of the state’s primary. According to a filing submitted Saturday to the US Federal Election Commission, the PAC…...

Institutional interest in crypto ETFs amid uncertainty may stabilize digital asset markets, influencing future investment and regulatory landscapes. The post Bitcoin, Ethereum ETFs see major inflows amid market uncertainty appeared first on Crypto Briefing....

The IDF’s actions against Hezbollah heighten regional tensions, reducing market confidence in Israel’s timely withdrawal from Lebanon. The post IDF strikes Hezbollah targets, impacting Israel withdrawal market sentiment appeared first on Crypto Briefing....

Institutional interest in Ethereum could stabilize its price, reduce liquid supply, and influence global digital asset strategies amid regulatory shifts. The post Whale activity signals institutional interest in Ethereum as price holds above $1,800 appeared first on Crypto Briefing....

Spanish bank Sabadell is the latest to join a consortium of European banks seeking to launch a euro-pegged stablecoin to make transactions more efficient and increase the dominance of Europe’s digital assets market. Sabadell Joins European Banking Consortium On Tuesday, Spain’s fourth-largest banking group by assets, Sabadell, announced it...

Regional tensions rise as Iran’s warning to UAE over US-Israel ties signals potential conflict, impacting peace prospects and market stability. The post Iran warns UAE over US-Israel ties, peace deal odds drop appeared first on Crypto Briefing....

A potential US-Iran deal could stabilize geopolitical tensions, impacting global markets, interest rates, and energy supply dynamics. The post Dollar hits 30-year low as Trump hints at possible Iran deal appeared first on Crypto Briefing....

Crypto and traditional finance are converging fast, with perpetual futures emerging as the strongest bridge between the two....

CFTC Chair Michael Selig says the agency may codify Phantom-style protections for non-custodial crypto software developers....