Crypto

USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based decentralized exchange (DEX) that was crippled by a $286 million exploit earlier this month. However, the rescue package includes a potent commercial string that could challenge Circle's dominance of USDC on the Solana blockchain. According to the recovery plan, Drift […] The post Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments appeared first on CryptoSlate.

Tempo’s new “Zones” feature offers private, permissioned stablecoin transactions on its layer-1 for enterprises, but critics warn the operator‑controlled design adds back centralized trust. Tempo unveiled a new “Zones” feature Thursday aimed at giving enterprises bank-style privacy on public stablecoin rails, but not everyone in crypto is convinced the trade-offs are worth it. The payments-focused layer-1, co-developed with backing from Stripe and Paradigm, said Zones will let companies run transactions in permissioned environments while still tapping public blockchain liquidity. The pitch targets a long-standing issue for institutions: sensitive data like payroll, merchant volumes or treasury activity being exposed on public ledgers. Some privacy-focused developers argue that the design sacrifices too much. Because each Zone is controlled by an operator that can see full transaction data and suspend a user’s ability to transfer or withdraw funds based on its own compliance rules, critics say it introduces ce...

What you need to know for April 17, 2026

Lawyers allege Circle failed to freeze stolen USDC during an eight-hour window as hackers moved funds from the exploited trading platform.

SIREN surged 307% weekly while RAVE hit a 3,765% gain and $14.62 ATH. On-chain analysts flag manipulation. Here's what the price data and technicals actually show. The post Is Market Maker Manipulation Behind RAVE and SIREN Crypto Skyrockets? appeared first on Cryptonews.

The bitcoin price is hovering near a key resistance level with $450 million in sell orders overhead as liquidations surge and derivatives data signal caution.

Foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021. Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, took to X on Wednesday to announce the marketplace’s closure following a failed acquisition by the digital art distribution platform Blackdove. Although Tehranian did not directly mention Blackdove, he said the original goal of the sale was to ensure the platform would continue operating under new ownership. “That’s no longer possible,” he said, adding that Foundation is not in a position to bring the marketplace back online. Read more

ORDI surges 190% in 24 hours to $10.52 on $1.14B volume. Is NAT driving the BRC-20 boom? Full price analysis, key levels, and what comes next for ORDI. The post ORDI Crypto Slams $10 in Huge Reversal: Is NAT Behind ORDI Price Boom? appeared first on Cryptonews.

Industry speakers at Paris Blockchain Week said tokenization can broaden access and issuance, but it does not by itself create active secondary markets for illiquid assets. Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create active secondary markets. Speaking during a panel moderated by Cointelegraph CEO Yana Prikhodchenko, Oya Celiktemur, Ondo Finance sales director for Europe, the Middle East and Africa (EMEA), said there is still a misconception that tokenizing illiquid assets can make them easier to trade. “I think there’s still this idea that tokenizing something illiquid will somehow magically make it a liquid asset, which is just not true,” said Celiktemur. She added that assets like real estate and private credit “were never that liquid” to begin with. Read more

Japan has long been one of Ripple's most fertile markets. SBI's investment in Ripple dates to 2016, SBI Remit launched Japan's first XRP-enabled international remittance flow in 2021, and SBI VC Trade counts XRP among its most popular assets. When Ripple and SBI announced in August 2025 that SBI VC Trade intended to distribute RLUSD […] The post Ripple’s dollar stablecoin hits a wall in Japan, one of XRP’s friendliest markets, as megabanks earn most of the trust appeared first on CryptoSlate.

RHODL ratio suggests market conditions resemble cycle corrections rather than late-stage tops, as long-term holders regain dominance.

The confluence of MVRV and NUPL in the BCMI has confirmed a correction reset in Bitcoin.

The exchange, formerly known as Garantex and based in Kyrgyzstan, has been sanctioned by the U.S., U.K. and EU for helping users bypass sanctions.

XRP is among the best-performing larger-cap altcoins weekly, here's why that might be.

At BUIDL Asia 2026, Ethereum Foundation researcher Luca Zanolini confirmed a roadmap target to reduce transaction finality to under one minute. Meanwhile, the long-to-short ratio sits at 1.54, a quiet signal that smart money is accumulating while retail hesitates. The post Ethereum Price Prediction: The Chain That Never Sleeps appeared first on Cryptonews.

Here's what needs to happen to the Pi Network protocol in the next ten days.

Quarterly transactions hit 200.4 million in Q1 2026, the first time above 200 million and more than double the 2023 lows.

A bitcoin indicator based on key moving averages has accurately marked every bear market bottom since 2015. That signal hasn't fired yet.

Cardano founder Charles Hoskinson has gone on record calling Bitcoin's proposed quantum defense both technically mislabeled and functionally inadequate. The detail most outlets are missing: roughly 1.7 million BTC may be beyond saving, no matter what developers vote through. The post Bitcoin Price Prediction: Cardano Hoskinson Says BTC Fix Can’t Save Satoshi Bags appeared first on Cryptonews.

Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional. A Texas man found guilty of helping orchestrate a cryptocurrency scam project that defrauded $20 million from nearly 1,000 investors has been sentenced to 23 years behind bars by a US judge on Tuesday. US District Judge LaShonda Hunt sentenced Robert Dunlap, who served as a trustee of the project that sold the fictional token Meta-1 Coin, to prison and ordered him to pay restitution to victims of the fraud, according to the Illinois US Attorney's office. Assistant US attorneys Jared Hasten and Paige Nutini said in the government’s sentencing memorandum that Dunlap was “unrepentant” and that his lies grew “over the years.” Read more