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Ethereum Price News: ETH Flashes a Bullish Setup No Holder Should Miss While Pepeto Nears Its Binance Listing

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Ethereum Price News: ETH Flashes a Bullish Setup No Holder Should Miss While Pepeto Nears Its Binance Listing

Ethereum price news on April 21 points to a setup that defines entries for the full cycle. ETH sits at $2,309 after seven straight sessions of positive spot ether ETF flows, and the daily chart carved a clean ascending triangle into today’s session per CoinSpectator. Cumulative ether ETF inflows reached a record $11.68 billion according to CoinDesk, and BlackRock’s ETHA alone holds over $6.5 billion in assets.

While the market argues whether ETH breaks $2,460 resistance or retests the $2,250 floor, more than $9.29 million has quietly moved into a presale led by the original Pepe cofounder with a Binance listing pulling closer each day, and fractions of a cent here beat any Ethereum price news print on a $280 billion asset this year.

Ether ETFs extended their inflow streak to seven straight sessions through April 20, pulling in $187 million for the strongest weekly period of 2026 per CoinDesk. That reverses three weeks of outflows and lifts cumulative flows to $11.68 billion. Morgan Stanley’s pending S-1 for a dedicated ether trust widens the institutional on-ramp further.

An unidentified whale opened a $90.9 million long on ETH at 20x leverage on April 20 per Crypto Briefing, a directional bet at a size that rarely shows up in quiet markets. Network activity jumped 41% week over week to 3.6 million daily transactions, confirming the demand underneath the chart setup.

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Ethereum Price News Meets the Best Crypto to Buy: Is It ETH or Pepeto?

Pepeto: A Live Exchange With 267x Math and a Binance Listing Days Away

The current ETH outlook builds a strong case for Ethereum over the year, but every large cap token carries a hard ceiling on how fast it can move. A run from $2,309 to $3,500 is under 2x, and that stays true no matter how bullish the chart looks.

Pepeto starts from the other end of the math. The exchange is already operational inside the presale window, so every wallet that enters owns a working product from day one. Swaps across Ethereum, BNB Chain, and Solana run without a fee, and the cross network bridge carries tokens between chains without costing a single dollar.

Every feature on the platform works today rather than at some future date, and that is why traders keep naming Pepeto in the best crypto to buy conversation. The architect who shaped Pepe into an $11 billion phenomenon now runs this project alongside a senior Binance engineer. Every contract was cleared by SolidProof, and the Binance listing is confirmed.

Staking at 180% APY lets early positions compound while the window narrows. With $9.29M raised and the entry price locked at $0.0000001865, each filled round pulls the listing closer. The moment live trading opens, today’s price closes for good.

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Ethereum Price at $2,309 as Key Levels Shape the April Outlook

Ethereum (ETH) trades at $2,309 on April 21 per CoinMarketCap, up 0.11% on the day after riding the Iran ceasefire rally higher. The Fear and Greed Index sits below 20, historically the zone where patient capital loads rather than sells.

Holding $2,250 support keeps the ascending triangle thesis alive and opens a path toward $2,460 first, then $2,500 if ETF flows keep expanding. Standard Chartered still targets $7,500 on ETH for 2026, and Fundstrat models $4,500 by December. Even the $4,500 target caps returns near 95% from here, while presale entry at fractions of a cent carries a completely different multiplier above it.

Conclusion

Ethereum price news confirms ETH holding $2,309 as a seven day ETF inflow streak pulls back the curtain on the institutional demand behind the next leg, and from a $280 billion asset the upside on offer is nothing like what reshapes a wallet. That is why over $9.29 million has already entered Pepeto while fear stayed near the floor, from investors who mapped the listing outcome before the crowd noticed.

That echoes the pattern wallets that bought ETH under $1 rode in 2015, moving early and stepping into six figure bags inside one cycle.

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Pepeto is where that return profile rebuilds this year with the Pepe cofounder and a locked-in Binance debut behind it. The Pepeto official website shows rounds closing fast, and every hour pulls the entry closer to gone.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What does the latest Ethereum price news signal for ETH in April 2026?
Ethereum price news points to a seven day ether ETF inflow streak and a $90.9 million whale long at 20x leverage on April 20. Cumulative ether ETF inflows reached $11.68 billion with BlackRock’s ETHA holding $6.5 billion in assets per CoinDesk.

What is the best crypto to buy right now against large cap options?
Pepeto is the best crypto to buy right now because it runs a live SolidProof audited exchange with zero fee trading and a cross chain bridge built by the Pepe cofounder and a senior Binance engineer. Presale inflows sit at $9.29M at $0.0000001865 with 181% APY staking and the Binance debut locked on the calendar.


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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FanDuel Alternatives Continue Building Steam and ZunaBet Has Become the Name That Keeps Showing Up

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Pragmatic Play At ZunaBet

There is a pattern in every industry where the dominant players eventually face pressure not from direct imitators but from platforms that rethink the fundamentals. Online gambling is living through that pattern right now. The established brands — large, well-funded, deeply embedded in mainstream culture — continue to operate strong products that millions of people use every day. But alongside that continued strength, a parallel movement is gaining force. Players are searching for alternatives with a frequency and consistency that signals something deeper than casual curiosity. FanDuel, among the most established and visible gambling brands anywhere, has become the reference point against which many of those searches are framed. And the platform that keeps emerging as the most credible answer is ZunaBet — a crypto-native casino and sportsbook that launched in 2026 and delivered a product that does not compete within the existing framework but proposes an entirely new one.


FanDuel: A Proven Platform Meeting Evolving Demands

FanDuel built its empire by reading the market better than most. It saw daily fantasy sports as a gateway to a broader gambling audience before the competition understood the opportunity. It expanded into sports betting and casino gaming with timing that aligned perfectly with the regulatory environment opening across American states. The result is a platform with licenses in a wide range of US jurisdictions, partnerships with the biggest professional sports organizations in the country, and brand visibility that reaches tens of millions of consumers through relentless and effective advertising.

The product does what it was designed to do with consistency and professionalism. The sportsbook covers all major American leagues — NFL, NBA, MLB, NHL — along with college athletics and a solid range of international events in football, tennis, golf, motorsports, and other categories. The casino delivers a curated collection of slots, table games, and live dealer experiences from reputable providers. The mobile app is polished and reliable. Customer support is available and the infrastructure handles scale without notable issues.

Money flows through conventional channels. Bank accounts, debit and credit cards, PayPal, Venmo, and equivalent services provide the financial framework. These methods serve the widest possible audience with the least friction, which is consistent with a platform strategy built around mainstream market penetration.

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FanDuel’s challenge is not that its product has grown weaker. It is that the audience evaluating it has grown more demanding. The game library that was considered competitive several years ago is now outmatched by platforms offering ten times the volume. The loyalty program that was adequate when every competitor ran the same model now feels like a missed opportunity as newer platforms introduce genuinely creative alternatives. And the payment infrastructure that was the only practical choice when the platform was built now looks slow and expensive to players who already live in the world of instant, fee-free cryptocurrency transactions. FanDuel was purpose-built for a specific set of market conditions. Those conditions have not disappeared, but they now coexist with a new set of conditions that the platform was not designed to address.


ZunaBet: Purpose-Built for Conditions That Already Exist

ZunaBet was designed by people who understood exactly what the next generation of gambling platforms needed to look like. It launched in 2026 under the ownership of Strathvale Group Ltd, guided by a team whose combined experience in the gambling industry spans more than two decades. The platform operates under an Anjouan gaming license with corporate registration in Belize. Every system within it was built around cryptocurrency as the core infrastructure — not as a supplementary payment method, not as a marketing angle, but as the foundational layer that shapes the entire product experience.

The game library makes the platform’s ambition unmistakable. ZunaBet opened with 11,294 games from 63 different providers. That is a staggering figure for any operator at any stage of development. The providers contributing to this catalog include the names that define quality in the industry — Pragmatic Play, Evolution, Hacksaw Gaming, Yggdrasil, and BGaming lead the roster — backed by a deep and varied bench of additional studios whose combined output covers every conceivable game style, mechanic, and format.

Pragmatic Play At ZunaBet
Pragmatic Play At ZunaBet

Slots account for the bulk of the catalog, as they do universally across online casinos. The distinction at ZunaBet lies in everything else. RNG table games provide comprehensive coverage of blackjack, roulette, baccarat, poker across multiple variants, and various specialty titles. The live dealer section offers high-definition real-time streaming from premium production studios, creating immersive experiences that match the atmosphere of a physical casino with the accessibility of a digital platform. Sixty-three providers contributing to a single library means genuine diversity — not just in themes and visuals but in underlying game mechanics, volatility profiles, and design philosophies. Players encounter meaningfully different experiences as they move between providers, which keeps the platform feeling alive and varied long after the initial novelty of signing up has passed.

The sportsbook operates as a complete product with the same account and wallet infrastructure as the casino. Football, basketball, tennis, NHL, combat sports, and virtual sports all receive dedicated coverage. Esports is treated with the seriousness it deserves through full betting markets on CS2, Dota 2, League of Legends, and Valorant. This commitment signals an understanding of the modern gambling audience that most traditional operators still lack. Esports viewership continues to grow globally, and the segment of that audience interested in betting grows alongside it. ZunaBet positioned itself to serve that audience from the start, which gives it a natural connection with a demographic that traditional platforms have been slow to engage.

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ZunaBet Sports
ZunaBet Sports

The payment infrastructure supports more than 20 cryptocurrencies — Bitcoin, Ethereum, USDT across multiple chains, Solana, Dogecoin, Cardano, XRP, and additional tokens. No platform processing fees are charged on any deposit or withdrawal. Blockchain settlement delivers funds to player wallets in minutes regardless of timing. Because the entire financial architecture was designed around crypto from inception, there are no fiat-system remnants creating inconsistency or friction. Every transaction follows the same fast, free, seamless path.

New players receive a welcome package of up to $5,000 plus 75 free spins over three deposits. First deposit gets a 100% match up to $2,000 with 25 spins. Second deposit earns a 50% match up to $1,500 with 25 spins. Third deposit rounds out the offer with a 100% match up to $1,500 and 25 final spins. The three-deposit format encourages sustained platform exploration rather than one-time bonus collection.

The platform is built on HTML5 with a dark-themed responsive interface that loads quickly on any screen. Native apps serve iOS, Android, Windows, and MacOS users. Live chat support runs without interruption every hour of every day.


What Crypto Infrastructure Delivers That Traditional Systems Cannot

The gap between crypto and traditional payment infrastructure in online gambling produces real consequences that players experience with every transaction. This is not a theoretical debate about the future of finance. It is a practical difference with immediate measurable impact.

Traditional platforms process payments through networks of financial intermediaries. Deposits pass through card networks or bank systems. Withdrawals travel the same path in reverse, adding platform review stages, banking processing queues, and method-specific settlement timelines. The total elapsed time for a withdrawal commonly ranges from one to five business days depending on circumstances. Weekends and holidays extend that window further. Fees may be imposed at multiple stages by different parties in the processing chain.

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ZunaBet Payments
ZunaBet Payments

Crypto payments reduce that entire sequence to a single blockchain confirmation. Deposits arrive in minutes. Withdrawals return to player wallets in minutes. No banking hours restrict the process. No intermediary fees accumulate. ZunaBet charges zero platform fees on any transaction. The experience is the same at three in the morning on a holiday as it is during peak business hours on a weekday.

A player who transacts regularly on ZunaBet saves meaningful time and money over any comparable period on a traditional platform. Those savings are structural and permanent — built into the infrastructure rather than offered as a promotion. Every transaction automatically benefits because the system itself is inherently more efficient.

ZunaBet achieves this level of consistency because crypto is not one of several payment options. It is the only payment infrastructure the platform has. There are no hybrid systems. There are no fiat layers underneath. The singular architectural focus produces a singular quality of experience that platforms operating on mixed foundations are unable to match.


Why ZunaBet’s Loyalty System Stands Apart From Everything Else

Loyalty programs in online gambling represent one of the clearest cases of industry-wide creative neglect. The template has not changed meaningfully in over a decade. Wager money. Earn points. Cross a threshold. Claim a bonus. Every platform runs some minor variation of this formula, and no variation is different enough to be noticed by the average player. Participation happens passively. Engagement does not happen at all.

ZunaBet replaced that template with a loyalty system designed as a genuine product feature. The dragon evolution program creates a progression journey through six tiers — Squire at 1% rakeback, Warden at 2%, Champion at 4%, Divine at 5%, Knight at 10%, and Ultimate at 20%. Each tier brings additional escalating benefits beyond the rakeback rate — free spins that grow to 1,000 at the top level, VIP club membership, and double wheel spins. A dragon mascot named Zuno ties the experience together visually, evolving in appearance as the player advances from one tier to the next.

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ZunaBet VIP Levels
ZunaBet VIP Levels

The system applies video game progression mechanics to a context that had been crying out for them. Clear levels with defined requirements. Rewards that escalate meaningfully enough to create genuine anticipation around reaching the next tier. Visual feedback that makes progress feel personal and observable. Achievement mechanics that give advancement an emotional weight that numerical point balances lack entirely.

ZunaBet players engage with their loyalty tier in ways that players on traditional platforms simply do not. They set goals around reaching the next level. They monitor their progress between sessions. They experience real satisfaction when they advance. That active participation transforms the loyalty program from a passive retention mechanism into an active engagement driver that contributes directly to how players experience the platform. It is one of the most effective differentiators in the current market because it addresses the one area where virtually every competitor chose to do the absolute minimum.


What the Momentum Means Going Forward

The sustained momentum behind FanDuel alternative searches carries a message that extends beyond any individual platform comparison. It reflects a market that has reached the point where the standard set by the previous generation of leaders is no longer accepted as the ceiling. FanDuel will continue to hold significant market share. Its brand, licenses, existing users, and financial strength guarantee relevance for years to come. Nothing about the current momentum threatens the platform’s viability in its core markets.

What the momentum does threaten is the broader assumption that the model FanDuel represents — traditional finance, standard game catalogs, template loyalty mechanics — remains the default definition of what a gambling platform should be. That assumption weakens every time a player discovers that alternatives exist which are faster, deeper, more creative, and more aligned with how they interact with digital products everywhere else in their lives.

ZunaBet was constructed from scratch to be the alternative that holds up under scrutiny. Its game library exceeds what most operators build over entire lifetimes. Its payment system delivers speed and cost efficiency that traditional infrastructure cannot approach. Its esports coverage meets a massive and underserved audience where it already is. And its loyalty program brought genuine innovation to the most neglected corner of the gambling experience. That is not a collection of incremental improvements. It is a different model altogether. The momentum building behind alternative searches exists because players have recognized that a different model is exactly what they need. They find ZunaBet because ZunaBet is the most complete version of that model that anyone has built.

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Crypto market strength led by bitcoin as altcoin sentiment stays fragile

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Crypto market strength led by bitcoin as altcoin sentiment stays fragile

The crypto market is showing signs of strength on Tuesday with bitcoin rising to $76,500, a gain of about 1% since midnight UTC.

The price spiked to around $77,000 at 9:45 a.m. before meeting a wave of spot sellers, who are probably protecting a potential breakout above Friday’s high of $78,300.

Ether (ETH) lagged behind bitcoin, rising just 0.3% to $2,320 as investors remained cautious around altcoins following the $290 million exploit on KelpDAO over the weekend.

Price action is still being dictated by the war in Iran, with the U.S. vice president due to travel to Pakistan for peace talks. A resolution is likely to lower oil prices, helping boost risk assets that have been inversely correlated since the war began.

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U.S. stock index futures rose, demonstrating a return to risk-on sentiment.

Derivatives positioning

  • The long-short ratio for the crypto futures market is 50.68%, indicating a near-even split between bullish and bearish positions. In other words, traders are largely undecided on the direction of the market’s next move.
  • In the past 24 hours, major tokens such as BTC, SOL, HYPE and BNB have added 1%-3% in futures open interest (OI), a sign of capital inflows. ETH, DOGE and ZEC have seen slight declines in OI.
  • Open interest in AAVE futures has climbed to a record 3.59 million tokens. At the same time, the OI-adjusted cumulative volume delta has turned negative — indicating that sell orders are dominating and pushing into bids — while funding rates remain near zero. Taken together, the setup points to a slight bearish bias.
  • Bitcoin and ether funding rates remain negative, suggesting a bias toward short positions. This consistent bearish environment creates potential for a short squeeze. That’s a scenario in which price resilience prompts bears to mass-dump their bets, adding to the upward momentum in the spot price.
  • On the CME, activity in BTC futures continues to cool, even as the exchange-traded funds pull in millions. This combination indicates that inflows into the ETFs are mainly bullish directional plays rather than arbitrage bets involving a short BTC futures position against the ETF’s long position.
  • On Deribit, BTC and ETH puts continue to trade at a premium to calls, reflecting downside concerns.
  • Speaking of block flows (large trades executed over-the-counter), BTC straddles and strangles cumulatively account for over 50% of the activity over the past 24 hours.

Token talk

  • The altcoin market is still reacting to the weekend’s $290 million exploit on KelpDAO with decentralized finance (DeFi) tokens ethena (ENA), etherfi (ETHFI) and jupiter (JUP) all posting losses over the past 24 hours despite a marginal recovery since midnight UTC.
  • The CoinDesk Memecoin Index (CDMEME) is the worst-performing benchmark on Tuesday, losing 0.24% while the bitcoin-dominant CoinDesk 20 (CD20) is up by 0.65%.
  • The altcoin market is showing indecision, with the CoinDesk 80 (CD80) remaining flat during the Asia and European sessions.
  • AAVE is beginning to claw back some of its weekend losses after a 22% drop, adding 2.6% despite widespread negative sentiment across the DeFi sector.
  • CoinMarketCap’s “Altcoin Season” indicator is at 39/100, rising from the weekend’s low of 34/100, but still demonstrating investor preference for bitcoin over to altcoins.

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Quantum Computing Crypto: Act Now, Coinbase Warns

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Quantum Computing Crypto: Act Now, Coinbase Warns

A 50 page quantum computing crypto risk assessment published Tuesday by Coinbase’s independent advisory board concludes that while today’s blockchains remain secure, a fault-tolerant quantum computer capable of breaking widely used encryption is increasingly plausible and that preparation must begin now, warning that “waiting for it to be urgent is not a good idea.”

Summary

  • The 50 page paper, authored by an independent board including Stanford cryptographer Dan Boneh, Ethereum Foundation researcher Justin Drake, and EigenLayer founder Sreeram Kannan.
  • Replacing today’s signatures with quantum-resistant alternatives could expand blockchain data sizes by up to 38 times, according to one estimate in the report, meaning the transition carries significant engineering costs and performance tradeoffs.
  • Bitcoin wallets that have already revealed their public keys are identified as the most immediately vulnerable category of holdings in any future quantum attack scenario.

Quantum computing crypto risk has its most authoritative industry assessment yet. The Coinbase advisory board, a group of world-class cryptographers and blockchain researchers convened by Coinbase in January 2026, released its first major position paper Tuesday: a 50 page analysis of how future quantum computers could affect blockchain security and what the industry must do before that threat becomes real.

“Waiting for it to be urgent is not a good idea,” the paper states, emphasizing that transitions across blockchains, wallets, and exchanges could take years to execute safely even after all the technical standards are in place.

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The board members who authored the paper include Dan Boneh, the director of the Stanford Center for Blockchain Research; Justin Drake of the Ethereum Foundation; Sreeram Kannan, the founder of EigenLayer; Yehuda Lindell, Coinbase’s head of cryptography; and Dahlia Malkhi, an expert in resilient distributed systems. Their institutional breadth gives the paper a credibility that no single-company security assessment would carry.

What the Report Found and What Makes It Credible

The paper’s core conclusion is carefully calibrated: quantum computers today cannot crack the cryptography underpinning Bitcoin, Ethereum, or any major blockchain. Breaking standard encryption would require fault-tolerant quantum machines with vastly more error-corrected qubits than current hardware provides, and achieving that is still considered a major engineering challenge. The report does not predict when that will happen. It argues that the timeline uncertainty itself is the problem.

The threat the paper focuses on most is the harvest now, decrypt later attack: adversaries can collect encrypted blockchain data today and store it, waiting for quantum hardware to mature enough to crack it retroactively. For long-held assets, this is a material risk that begins now rather than when the quantum threat becomes practical. Bitcoin addresses that have already revealed their public keys on-chain are specifically identified as the most immediately exposed category of holdings.

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Why the Transition Will Be Harder Than It Sounds

The technical solution to quantum vulnerability already exists: NIST has standardized post-quantum cryptographic algorithms that are mathematically resistant to quantum attacks. The problem is implementation at blockchain scale. Post-quantum digital signatures can be tens to hundreds of times larger than the signatures in use today. One estimate in the Coinbase report suggests that replacing current signatures with quantum-proof alternatives could expand block sizes by up to 38 times.

For a network like Bitcoin, which processes blocks under a strict size limit and where any upgrade requires consensus among a decentralized set of stakeholders with no central authority, a 38-times expansion of signature data is not a parameter adjustment. It is a fundamental architectural change that touches every node, wallet, exchange, and application in the ecosystem. The debate among Bitcoin developers, already underway, reflects exactly this tension between urgency and the cost of change.

What Crypto Networks Are Already Doing

The Coinbase report arrives alongside parallel actions across the ecosystem. Ripple published a four phase XRPL post-quantum roadmap targeting completion by 2028. The Ethereum Foundation has elevated post-quantum security to a top strategic priority with a dedicated research team. Bitcoin developers are actively debating BIP 361, a proposal for a structured migration away from legacy address types that expose public keys.

For the Bitcoin quantum risk assessment specifically, researchers estimate approximately 4.5 million Bitcoin held in early or reused addresses may be exposed to future quantum attacks. The quantum threat debate in Bitcoin has become one of the most contested governance questions in the community, precisely because the solutions require either forcing coin migration or accepting that some portion of the supply may eventually be at risk.

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Crypto hacks top $17b in a decade as attackers pivot from code to keys

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Trader offers 10% bounty after claiming violent $24M crypto robbery

DefiLlama logs 518 crypto hacks and over $17b in losses in 10 years, with attackers shifting from smart contracts to keys, bridges and wallets, as rsETH loses ~$290m.

Summary

  • DefiLlama has logged 518 crypto hacking incidents over the past 10 years, with total losses above $17 billion.
  • A growing share of that damage comes from private key leaks, phishing and credential theft rather than pure smart contract bugs.
  • The latest example is Kelp DAO’s rsETH bridge exploit, which drained about 116,500 rsETH worth roughly $290–$293 million — 2026’s largest DeFi hack so far.

Crypto’s security bill over the past decade has quietly climbed past $17 billion, according to DefiLlama data cited by Cointelegraph, with at least 518 documented hacks and exploits hitting exchanges, DeFi protocols, bridges and wallets since 2014. That figure captures everything from early exchange blow‑ups to today’s sophisticated cross‑chain attacks, and it comes even as the overall pace of large on‑chain exploits has slowed from peak‑mania years like 2021–2022.

A decade of $17b in crypto losses

Under the surface, however, the composition of those losses is shifting. Where early DeFi hacks often hinged on smart contract bugs and unchecked flash‑loan logic, recent incidents show attackers increasingly targeting the soft tissue around crypto — private keys, signing infrastructure and user devices — with credential theft, social engineering and SIM‑swap‑style attacks. Security firms told Cointelegraph that they expect 2026 to bring more advanced phishing and AI‑assisted scams capable of tricking even technically savvy users into signing malicious transactions or revealing seed phrases.

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Bridge infrastructure has been a particular weak point. DefiLlama’s hacks dashboard shows that bridges account for almost $3 billion of the roughly $11.8 billion it categorises as “total value hacked,” with large single incidents like the Ronin, Wormhole and Multichain exploits setting the tone for cross‑chain risk. The latest addition to that list is Kelp DAO’s rsETH cross‑chain bridge, which was hit on April 18 after an attacker forged a cross‑chain message on a LayerZero‑based link and minted or released 116,500 rsETH to an attacker‑controlled address.

Those tokens — representing “restaked” Ether — were worth about $290–$293 million at the time, or roughly 18% of rsETH’s total supply, and have been called the largest DeFi exploit of 2026 so far by outlets including Bloomberg. The incident forced Kelp DAO to pause the bridge, coordinate emergency responses with exchanges and protocols, and sparked a blame game over LayerZero’s default single‑validator configuration, which critics argue left the system effectively one‑key‑away from catastrophic minting.

Even away from headline‑grabbing exploits, everyday credential compromises continue to rack up damage. DefiLlama data cited by Cointelegraph shows that in the first quarter of 2026 alone, hackers stole about $168.6 million from 34 DeFi protocols, with the largest single hit — a $40 million Step Finance theft — traced back to a private key compromise rather than a pure code bug. That trend suggests DeFi’s smart contract security is slowly hardening, while attackers respond by moving upstream into the tools and human processes that sit between wallets and protocols.

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For users and teams, the lesson is brutal but clear: audits and formal verification are necessary, but not sufficient. Hardware keys, multi‑sig schemes, segregated signing devices, strict key‑management policies, and relentless phishing hygiene are now as critical to safeguarding crypto as gas optimisations and bug bounties ever were — because it only takes one compromised credential to turn another line in DefiLlama’s hacks database into a nine‑figure loss.

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US Admiral Touts Bitcoin a Tool For US Power Projection

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US Admiral Touts Bitcoin a Tool For US Power Projection

A senior US military commander has lauded Bitcoin as a “valuable computer science tool,” arguing its usefulness extends beyond monetary applications and can support US national security interests.

“It is a valuable computer science tool, as a power projection,” Admiral Samuel Paparo said at a Senate Armed Services Committee hearing on Tuesday, adding that Bitcoin’s proof-of-work technology “imposes more cost” on attackers attempting to compromise the network:

“Outside of the economic formulation of it, it has got really important computer science applications for cybersecurity.”

The Senate hearing looked into the strategic posture of US forces in Indo-Pacific, including ongoing conflicts in Ukraine and the Middle East, China’s military expansion and coordination with foreign adversaries, and threats from North Korea.

Admiral Samuel Paparo at the Senate Armed Services Committee hearing on Tuesday. Source: US Senate Committee on Armed Services

Paparo’s remarks echo similar comments from US Space Force member Jason Lowery in December 2023, who said Bitcoin and other proof-of-work blockchains could protect the US in cyberwarfare.

At the time, he said that while Bitcoin is mostly seen as a “monetary system” to secure funds, few know that Bitcoin can be used to secure “all forms of data, messages or command signals.”

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“As a result, this misconception underplays the technology’s broad strategic significance for cybersecurity, and consequently, national security.”

Research into Bitcoin’s use as a cybersecurity tool comes as many adversaries — including state-linked actors — have turned to cyberattacks such as phishing, ransomware and distributed denial-of-service to sabotage infrastructure and secure economic advantages.

North Korea’s notorious Lazarus Group is one of the most notable examples of this, having stolen billions of dollars in crypto over the past decade to support its nuclear program.

Paparo’s comments came in response to a question from US Senator Tommy Tuberville, who asked how the US and Congress can lead on Bitcoin competition, noting that China’s top monetary think tank now also views Bitcoin as a strategic asset.

Paparo didn’t address the question directly but added, “Bitcoin is a reality. It is a peer-to-peer zero-trust transfer of value. Anything that supports all instruments of national power for the United States of America is to the good.”

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Senators introduce national security-focused Bitcoin bill

The US holds the largest Bitcoin reserves among nation-states and holds the largest share of Bitcoin hashrate. However, it remains reliant on foreign-manufactured mining equipment, an issue that has raised national security concerns related to supply chain risks.

Related: Quantum threat to Bitcoin still years away, says Borderless Capital partner

Last month, US Senators Bill Cassidy and Cynthia Lummis introduced the Mined in America Act to resolve that issue by bringing more Bitcoin mining manufacturing back to the US. 

It also seeks to codify Trump’s executive order establishing the Strategic Bitcoin Reserve.

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Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M