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Polymarket has removed a betting market tied to the rescue of U.S. service members in Iran, after intense backlash and criticism from lawmakers this weekend.The market allowed users to wager on when the U.S. would confirm the rescue of two airmen after an F-15E fighter jet was shot down over Iran. The crew members have since been rescued.Rep. Seth Moulton, a Democrat from Massachusetts, criticized the listing in a post on X, calling it “disgusting” and arguing it reduced a military rescue effort to a financial trade.Moulton has taken a hard line on prediction markets, recently banning his staff from…
DPRK developers reportedly contributed to projects like Floki, SushiSwap, THORChain, Harmony, Yearn, and other crypto protocols. Reports suggest that North Korean IT developers have contributed to multiple cryptocurrency projects since the DeFi Summer. On-chain analyst tayvano stated that DPRK professionals were involved in building platforms like SushiSwap, THORChain, Harmony, Ankr, Shiba Inu, Yearn, and Floki. The analyst added that their claimed seven years of blockchain experience appears genuine. Observers note that these contributions reportedly cover both large platforms and smaller experimental tokens. Wide Range of Projects Connected to DPRK Developers The developers reportedly worked on various DeFi and token platforms.…
Authorities in Chatham County, Georgia say they’re investigating a bank fraud scheme after a woman reported losing more than $76,000 to scammers. The Chatham County Police Department says the victim received a phone call from someone she did not know on February 6th. The caller said her bank account was compromised and that she needed to immediately withdraw the money. The victim took action on the advice. She withdrew $32,500 from a Truist Bank branch on Wilmington Island and then handed the money to someone she had never met before in the parking lot. She then proceeded to another Truist Bank…
Drift Protocol reveals a state-linked intelligence operation behind the $285M April 1 hack, involving fake identities and months of in-person infiltration. Drift Protocol did not get hacked on April 1st. It got played for six months straight. The team posted a full incident background update on X, walking the community through what investigators now believe was a structured intelligence operation. Not a smash-and-grab. A slow, deliberate infiltration that started at a crypto conference in fall 2025 and ended with $285 million gone. According to @DriftProtocol on X, a group presenting as a quantitative trading firm made first contact with Drift…
Bitcoin is entering the new week under a cloud of doubt, with social sentiment tilting to fear just as price action continues to stall below $66,800. Data from Santiment shows a noticeable change in crowd behavior, hinting that the market’s mood may be reaching an inflection point. Sentiment extremes have often corresponded with turning points in previous cycles, but the current backdrop of price action is somewhat confusing. Related Reading FUD Returns With Bitcoin Stalling At $66,800 On-chain analytics platform Santiment pointed out a notable change in crowd psychology on Saturday, reporting that bearish discussions across X, Reddit, Telegram, and…
ETH trades near $2,031, with support at $1,780–$1,850 and first resistance at $2,100–$2,150. Binance ETH/USDT long-short ratio is 2.1616, while OKX ETH accounts ratio stands at 2.33. ETH 24h liquidations hit $41.15M, including $31.08M longs and $10.07M shorts. Ethereum is drawing fresh attention as traders focus on a support band between $1,400 and $1,800. The range now sits at the center of new cycle talk across the market. However, price remains below key resistance, so traders are still waiting for a clear breakout. Accumulation Zone Gains Attention Market maps now place Ethereum’s strongest buying area between $1,400 and $1,800. Traders…
Bitcoin may no longer move in step with Federal Reserve policy, according to a new report from Binance Research, which points to a structural shift driven by spot exchange-traded funds.For years, crypto markets reacted sharply to interest rate signals, with bitcoin falling when central banks tightened monetary policy.That pattern now appears to be breaking as Binance data shows bitcoin’s correlation with its Global Easing Breadth Index, which tracks 41 central banks, has turned strongly negative since 2024. Spot bitcoin ETFs were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024.Before ETFs, the relationship was mildly positive, with…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the latest on-chain data, the largest Bitcoin investors have been active in the market over the past few days, seemingly resuming accumulation of the world’s largest cryptocurrency. Have Whales Resumed BTC Accumulation? On Saturday, April 4, market pundit Ali Martinez took to the X platform to share that the Bitcoin whales have stepped into the market and seem to be in accumulation mode again. This fresh observation could be an indicator of improving investor sentiment and a potential starting point for BTC’s next positive phase.…
USDC supply fell $1.7B in seven days to about $77.5B, while total stablecoin supply stayed near $305B to $310B. USDC supply fell by $1.7 billion over the past seven days, based on Artemis data. The decline came after a strong rise from February into late March. As a result, traders are watching whether stablecoin liquidity is cooling again. For now, USDC market cap remains far above its February low, but momentum has weakened. USDC Market Cap Pulls Back After a Strong Recovery USDC market cap tracks the amount of USDC in circulation, not the token’s price. Therefore, it is often…