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Elliptical Flag $285 million Drift exploitation as a likely North Korea-linked operation

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Elliptic said Thursday that the $285 million Drift Protocol exploit, the largest this year, bears “multiple indicators” of North Korea’s state-sponsored DPRK hacking group involvement. The research firm specifically pointed to onchain behavior, money laundering methods and network-level signals that are all consistent with previous state-linked attacks. Drift Protocol, whose token has fallen over 40% […]

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Oil Shock, War Risk Keeps Crypto Investors Sidelined: Shades of Grey

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Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East overshadow an otherwise improving macro backdrop, according to crypto asset manager Grayscale. “The war in Iran overshadowed virtually all other market developments in March,” the Grayscale research team said in a Wednesday report. Before the conflict escalated, global growth appeared

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Startup lets researchers test blockchain tasks on a quantum computer for the first time

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Most of the crypto industry spent this week processing Google’s paper on how quantum computers could break blockchain encryption. A startup is asking a different question — whether quantum hardware can make blockchains better. Postquant Labs, which is building the world’s shared quantum computer, Quip.Network, announced Wednesday the launch of what it calls the first

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SoFi launches a 24/7 banking center that mixes traditional cash with crypto

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SoFi said Thursday it is launching a new business banking platform designed to let businesses handle both traditional money and crypto in one place as it pushes deeper into digital assets. The service, called SoFi Big Business Banking, allows businesses to hold US dollars, convert them to stablecoins and move money around the clock, all

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Audit Administrator Keys, Not Just Code, Says Expert After $200 Million Drift Exploit: Crypto Daybook Americas

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By Omkar Godbole (All times ET unless otherwise noted) Programmable blockchain Solana’s SOL token has hit a five-week low after an exploit on one of its largest perpetual decentralized exchanges, Drift, highlighted that security risks extend beyond just smart contracts. “If you’re building in DeFi, you need to control the surface area of ​​your admin

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Crypto sell-off deepens with $400 million liquidations and rising short interest

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Bitcoin BTC$66,426.97 gave back much of its recent gains on Thursday, and is now trading at $66,700 after losing 2.4% of its value since midnight UTC. Ether (ETH) fared even worse, falling 4.4% as the broader crypto market struggles to deal with the ongoing risk-off vote. The latest plunge was spurred by US President Donald

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Bitcoin treasury sell-off accelerates as Riot, Bhutan and public companies exit positions

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Those who rushed into bitcoin BTC$66,426.58 over the past two years are now heading for exits and this is not a good sign for the market. Public companies, once seen as long-term holders, are increasingly selling bitcoin as prolonged price weakness weighs on balance sheets and strategic plans. Take Empery Digital (EMPD), which on Wednesday

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Metaplanet (3350) acquires 5,075 BTC, jumps to third largest BTC treasury company

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Metaplanet (3350) continued to scale its accumulation strategy through the first quarter of 2026, acquiring 5,075 BTC for approximately $398 million, implying an average purchase price of approximately $78,000 per coin. The Tokyo-based firm has generated a BTC yield of 2.8% year-to-date. Per As of March 31, Metaplanet holds a total of 40,177 BTC, acquired

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