Hyperliquid's SPACEX-USDH perpetual crashed 45% on Thursday, from $2,277 to $1,254 in a single 30-minute window. It liquidated 405 users across 1,393 positions, erasing $1.51 million. The median liquidated position held $31 in margin. The market had $4.87 million in daily volume and under $2.9 million in open interest. One candle ate all of it.
Treasury Secretary Scott Bessent told Fox Business the US has seized roughly $1 billion in Iranian crypto since the war began in February. His phrasing was blunt: "Just outright grabbed the wallets. Some of them may be typing in right now and might not realize their wallet has been grabbed." Iran was allegedly moving $400 to $500 million a month through crypto.
Solana co-founder Anatoly Yakovenko just backed SIMD-547, a fee change that could turn the network net deflationary. The numbers are the reason traders are watching.
FinCEN and OFAC published a joint proposed rule on April 8, 2026 requiring payment stablecoin issuers to build bank-grade compliance programs, with a full enforcement deadline of January 18, 2027.
One of the world's largest Bitcoin ATM operators filed an SEC Form 8-K on April 8, 2026, disclosing that an unauthorized party accessed its corporate IT systems and drained 50.903 BTC from settlement accounts. Customer platforms and user data were not affected.
Two months after accidentally sending 620,000 BTC worth roughly $42 billion to 249 users instead of 620,000 Korean won each, the exchange has exhausted informal recovery options and turned to the courts.
Thursday's inflows ended a brief period of net outflows across the 12 US spot Bitcoin ETFs, with the total category recording $358.1 million on the day. Morgan Stanley's newly launched MSBT also contributed on its second trading day.
The Bureau of Labor Statistics reported a 0.9% month-over-month CPI increase for March 2026, driven almost entirely by energy. Food prices were flat. The result came in below expectations but marks the sharpest single-month acceleration in nearly four years, directly linked to the US-Iran conflict.
The Ethereum treasury company began trading on the NYSE under ticker BMNR on Thursday, moving up from NYSE American. Simultaneously, its board unanimously raised the share repurchase program from $1 billion to $4 billion — despite the stock trading down more than 64% over the past six months.
Ron Hammond, head of policy at crypto market maker Wintermute, is significantly more cautious than prediction markets on the CLARITY Act's 2026 prospects. Bank opposition on stablecoin yield, fluid committee timelines, and Trump-linked political headwinds are his three core concerns.
Brian Armstrong's January opposition to the CLARITY Act contributed to a Senate Banking Committee delay that stalled the bill for months. On April 11 he reversed that position, backing the current draft and aligning with Treasury Secretary Bessent's call for Congress to act — though the Senate committee has still not scheduled a markup.
MiCA has turned boardroom approvals into live infrastructure searches across Europe's largest financial institutions. USDC volume in the EU jumped 109% in six months as corporate treasury demand replaces speculative interest.
A criminal group is threatening to release videos of internal systems unless Kraken pays up. The exchange says no breach occurred and funds were never at risk. Kraken has identified and removed the insiders involved in both incidents, notified affected users and is cooperating with law enforcement.
Bitmine chairman sees Ether reaching $62,000 based on Ethereum capturing one-quarter of Bitcoin's long-term value. The call comes as Bitmine reports a $3.82 billion Q1 loss on its ETH holdings but continues buying.
Jameson Lopp and fellow developers push a phased sunset of legacy signatures, putting $420 billion in dormant coins at stake. Critics call the proposal authoritarian; developers frame it as a defensive measure against future quantum attackers.
The fund covers investors who purchased OneCoin between 2014 and 2019 and recorded a net loss from the $4 billion Ponzi scheme. Founder Ruja Ignatova remains on the FBI's Ten Most Wanted list with a $5 million reward. Co-founder Greenwood is serving 20 years.
