Hacken’s Q1 2026 report finds $482 million lost across 44 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands. Update (April 14, 2026, 11 am UTC): This article has been updated to adjust the total number of hacks and scams in the first quarter to $482 million and the total number of incidents to 44. Web3 projects lost $482 million to hacks and scams in the first quarter of 2026, while multi-billion-dollar “mega hacks” gave way to a larger number of mid-sized incidents, according to blockchain security company Hacken. According to Hacken’s Q1 2026 report, phishing and social engineering attacks dominated the period, accounting for $306 million in losses in a quarter that saw 44 incidents overall. A single $282 million hardware wallet scam in January was responsible for more than half of the quarter’s damage. Read more
UK Liberal Democrats called on the FCA to examine Nigel Farage’s promotion of Stack BTC as scrutiny grows over crypto conflicts and political donations. UK Liberal Democrats have urged the Financial Conduct Authority (FCA) to investigate Nigel Farage’s involvement with Bitcoin treasury firm Stack BTC following a promotional video and disclosed shareholding. In a letter to the FCA, Liberal Democrat deputy leader Daisy Cooper asked the regulator to investigate whether Farage breached market rules by appearing in a promotional video for Stack BTC while holding a financial stake in the company. “The FCA must investigate whether Farage’s plans to cash in on Crypto could potentially amount to market abuse and a conflict of interest,” she wrote, adding that “we cannot allow political leaders to treat the financial markets like a personal piggy bank to potentially line their own pockets.” Read more
OneCoin was launched by Ruja Ignatova and Karl Sebastian Greenwood in Bulgaria. Ignatova has been missing since 2017, and Greenwood was sentenced to 20 years in prison. The US Department of Justice has launched a compensation process for victims of the $4 billion crypto Ponzi scheme OneCoin, using forfeited assets taken from some of the scheme's architects. The Justice Department said on Monday that more than $40 million in forfeited assets is available to compensate anyone who purchased OneCoin between 2014 and 2019 and recorded a net loss. Jay Clayton, the US Attorney for Manhattan, said the compensation process was “an important step toward returning funds to those harmed.” Read more
Bitcoin falling to the $50,000 level is being seen as the “last significant accumulation zone” before any sustained recovery, says LVRG Research director Nick Ruck. Several crypto analysts said there will be a final flush that sends Bitcoin prices as low as $50,000 before the cryptocurrency can mount a measurable recovery. Bitcoin (BTC) trader and author Ivan Liljeqvist posted to X on Tuesday that Bitcoin is yet to have “the big flush.” “I don’t think we’ve had it yet, I don’t think $60,000 was the bottom,” he added. “Trend is still down.” Read more
The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks. The American Bankers Association (ABA) has criticized a White House report that claimed banning stablecoin yields would only have a negligible impact on banks, arguing that the conclusion was reached by asking the “wrong question.” The White House’s Council of Economic Advisers claimed in a research paper on Wednesday, on the “Effects of Stablecoin Yield Prohibition on Bank Lending,” that under a baseline scenario, banning stablecoin yield may only increase bank lending by $2.1 billion, representing a marginal net increase of about 0.02%. ABA chief economist Sayee Srinivasan and vice president for banking and economic research Yikai Wang said in a statement on Monday that the “live policy concern” is not whether prohibiting yield on stablecoins would impact bank lending but whether allowing yield on stablecoins would encourage deposit outflows, particularly from community bank...
Chris Giancarlo, who oversaw the first Bitcoin futures ETF approval as CFTC chairman, will now advise fintech and digital asset founders and boards. Chris Giancarlo, the former chair of the US Commodity Futures Trading Commission, is stepping away from law to become a full-time adviser to cryptocurrency firms. Giancarlo, referred to as “Crypto Dad” while in office for his crypto advocacy, posted to X on Sunday that he was leaving the law firm Willkie Farr & Gallagher and retiring from law altogether as he makes the switch to advising crypto and fintech companies. “From here on, I'll devote my time to advising founders & builders of FinTech & Digital Assets and their CEOs and boards, research & writing on public policy issues, and continuing work with non-profit programs,” he said. Read more
A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets. Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment. The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000 traders of $530 million over the past 24 hours, according to CoinGlass. The majority of liquidations occurred in the past 12 hours, and 80% of them, or $425 million, were leveraged short positions in Bitcoin (BTC) and Ether (ETH). Read more
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%. Crypto mining pool operator Foundry Digital has launched a pool for the privacy-focused cryptocurrency Zcash, which the company says has secured nearly 30% of the Zcash network hashrate through partnerships with multiple institutional mining clients. “Institutional and public miners are seeking a compliant, purpose-built Zcash mining solution,” Foundry said on Monday, a month after announcing its plan to create the Foundry Zcash Pool. Foundry, which is also the largest mining pool on the Bitcoin blockchain, did not disclose which institutional miners it had onboarded to reach a 29.2% hashrate share. Read more
Large Ether investors are back in profit, increasing the chances of a rally toward $3,000, but resistance at $2,800 may delay the recovery. Ether's (ETH) rebound to $2,300 over the weekend put large investors back into profit but is this a sign that ETH may rally to $3,000? Data from TradingView shows that Ether’s price rose 20% to $2,330 on Saturday from its local low of $1,940 reached on March 29. The recovery was fueled by the US and Iran’s announcement of a two-week ceasefire and a strengthening market structure. The rebound has also pushed ETH whales into profitability, according to data from CryptoQuant. Read more
Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish. Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Read more
The technology services provider said wealth managers have faced challenges integrating digital assets without relying on separate systems. Broadridge Financial Solutions has launched a digital asset platform for Canadian wealth managers, allowing companies to offer cryptocurrencies and tokenized assets alongside traditional investments. According to Monday’s announcement, the platform integrates trading, custody and asset servicing, enabling firms to manage digital and traditional assets within existing workflows rather than through separate systems. It also supports both advisor-led and self-directed models, with connectivity to custodians and exchanges. The platform offers access to cryptocurrencies and tokenized assets including equities, funds and alternative investments, with integrated wallets, institutional custody options and connectivity to exchanges and asset managers. Read more
Hester Peirce, who heads the SEC’s crypto task force, said that the staff statement represented “expansive readings of the securities laws“ in response to digital assets. The US Securities and Exchange Commission (SEC) has issued a staff statement clarifying how the agency plans to interpret software interfaces facilitating crypto transactions in its broker-dealer regulations. In a Monday statement, the SEC’s Division of Trading and Markets staff said that under certain circumstances, interfaces that “assist users engaging in user-initiated crypto asset securities transactions on blockchain protocols [...] utilizing the user’s self-custodial wallet” may not necessarily be required to register as a broker-dealer with the agency. The SEC statement specified that self-custodial wallets with such user interfaces may be exempt from registration requirements, provided they do not “solicit investors to engage in any specific crypto asset securities transactions,” provide commentary on “any potential execution [route...