Key Takeaways: Volo Protocol lost $3.5 million from three Sui-based vaults on April 21, 2026, following a compromised admin private key. GoPlus Security and ExVul confirmed a privileged operator key breach, not a flaw in Volo’s audited smart contracts. Volo blocked the attacker’s 19.6 WBTC bridge attempt and is absorbing all losses, with vaults frozen …
Monthly archives: April 2026
DOJ Moves To Compensate Victims of OneCoin’s $4,000,000,000 Global Crypto Fraud Scheme
The U.S. Department of Justice has announced the launch of a compensation process for victims of the OneCoin cryptocurrency fraud scheme, with more than $40 million in recovered assets now available for distribution. The scheme, operated between 2014 and 2019 by Ruja Ignatova and Karl Sebastian Greenwood, defrauded investors worldwide of over $4 billion. Marketed …
Crypto Analyst Predicts More Bitcoin Rallies As Long as Price Stays Above Crucial Level – Here’s His Upside Target
A pseudonymous crypto trader and analyst says he will remain bullish on Bitcoin unless BTC loses one key support level. The analyst known as DonAlt tells his 68,000 subscribers of the TechnicalRoundup YouTube channel that Bitcoin will likely keeping rallying unless the top crypto asset dips below $70,000 on the weekly chart. “I’m looking at …
JPMorgan Chase Abruptly Hikes S&P 500 Target for 2026, Says One Investment Theme Driving Bullish Momentum: Report
Banking behemoth JPMorgan Chase is raising its year-end forecast for the S&P 500 for two main reasons. The bank’s team of strategists led by Dubravko Lakos-Bujas predicts that the S&P 500 will end 2026 at 7,600, up from a prior target of 7,200, reports Bloomberg. The team expects stronger earnings due to renewed investor enthusiasm …
Coinbase shifts New York prediction markets fight to federal court
Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court to federal court, arguing that the case turns on disputed questions of federal law over how event contracts are regulated. The move escalates a legal fight that could help define …
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Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger
Bitcoin (BTC) price metrics are showing relief this month, but the risk of repeating the 2022 bear market remains. Key points: Bitcoin’s Bull Score Index combined price metric reaches its highest levels since October last year. The relief may be short-lived, analysis warns, pointing to the 2022 bear market. Crypto sentiment reaches its most bullish …
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Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms. In a Wednesday post on X, the team said the attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC), …
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Uzbekistan creates state-backed crypto mining zone with tax breaks
Uzbekistan has created a special crypto mining zone across Karakalpakstan under a presidential resolution signed on Friday, opening a supervised framework that lets approved mining companies sell mined digital assets on foreign platforms while keeping the proceeds inside the country’s banking system. A presidential decree effective Monday creates the “Besqala Mining Valley,” a special mining …
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Tether Mints 2 Billion USDT on Ethereum in Three Days, Adding Fresh Supply to the Stablecoin Market
Key Takeaways: Tether minted 2 billion USDT on Ethereum in three days, with total USDT supply now near $190 billion. Large USDT mints reflect institutional demand for dollar liquidity, not guaranteed capital inflows. Tether holds 57% of the stablecoin market as total stablecoin supply crosses $320 billion. The $2 Billion Mint Each USDT transaction was …
Greek Firm Warns of Bitcoin Fraud as Vessels Face Military Fire in the Strait of Hormuz
Key Takeaways: MARISKS reports unknown actors are extorting shipping firms for bitcoin and USDT to bypass the blockade. At least one tanker was hit by Iranian gunfire on April 18 after paying scammers for “safe passage.” Future maritime security remains uncertain as 20,000 seafarers await the outcome of 2026 ceasefire talks. Fraudulent Passage Offers According …
Tron Founder Justin Sun Files Federal Lawsuit Against World Liberty Financial Over Frozen Tokens
Key Takeaways: Justin Sun filed a California federal lawsuit against WLFI on April 22 over $75 million in frozen tokens. Sun alleges an undisclosed smart contract function was used to freeze his 2.9 billion WLFI token position. World Liberty Financial maintains the token freeze was a routine security measure, not targeted at Sun. Major Investment …
Bitcoin Surges Past $78,000 as Trump Extends US-Iran Ceasefire
Key Takeaways: Bitcoin surged past $78,000 on April 22, 2026, after Trump extended the U.S.-Iran ceasefire indefinitely. The rally triggered $320 million in liquidations and boosted the total crypto market cap to $2.7 trillion. Traders are monitoring the IRGC and port blockades as Tehran decides whether to return to the peace table. Trump Maintains Port …
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FTX Sold Cursor Stake for $200K. SpaceX Now Has a $60 Billion Option to Buy It
Key Takeaways: FTX’s estate sold Alameda’s Anysphere stake for $200K in 2023; it is now worth an estimated $500 million. By April 2026, Cursor served 67% of Fortune 500 firms and crossed $1 billion in annualized revenue. SpaceX secured a $60 billion Anysphere acquisition option on April 21, with a decision expected in 2026. From …
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Certik Analyst: KelpDAO Exploit Reveals High-Stakes Shift in Cross-Chain Cybercrime
Key Takeaways: The Arbitrum Security Council and SEAL 911 froze 30,766 ETH on April 18 to mitigate the Kelp DAO heist. Certik analyst Wenzhao Dong warns that bridge thefts now create systemic bad debt for platforms like Aave. Kelp DAO aims to restore the rsETH peg and recover the remaining $220 million in missing digital …
Bet365, Super Group, Skycity Face Coordinated New Zealand High Court Action Over Offshore Gambling
Key Takeaways: Three NZ High Court proceedings filed against bet365, Super Group, and Skycity. Skycity class-action claim covers February 2020- 2026 player losses. Bet365 formally objects to New Zealand court jurisdiction in the case. Plaintiffs pursue restitution claims against operators now seeking NZ licenses The cases are being pursued as a coordinated group action, but …