Drift Protocol Outlines User Recovery Plan Ahead of Relaunch and Governance Vote
TL;DR: Drift Protocol was hacked on April 1, 2026, by a North Korea-linked actor, resulting in approximately $295 million in user funds lost. The recovery plan
Tether (Latest Publications)
Tether Gold Jumps to $3.3B After 36% Q1 Reserve Expansion
TL;DR: Tether Gold (XAU₮) closed Q1 2026 with reserves of 707,747 fine troy ounces of gold, valued at over $3.3 billion. Reserves grew 36% compared to
Tether’s Strategic Expansion: Are Bitcoin‑Backed Treasury Plays the Future of Stablecoin Power?
Tether’s latest push toward a Bitcoin‑anchored corporate structure marks a turning point for the stablecoin industry. By proposing mergers tied to its Bitcoin‑treasury arm, the company
Tether Proposes Multi‑Step Plan to Merge Twenty One Capital With Strike and Elektron Energy
TL;DR: Tether proposed merging Twenty One Capital with Strike and Elektron Energy in a two-stage deal to create the largest publicly traded Bitcoin firm. Twenty One
Visa Partners With WeFi to Deliver Robust Onchain Payments and Banking Access
TL;DR: Visa partnered with WeFi, co-founded by former Tether director Reeve Collins, to build onchain banking and payments infrastructure. The rollout will begin in selected markets
Stablecoin Activity Cools With $8.31T Monthly Volume Despite Market Growth
TL;DR: Stablecoin transfer volume dropped 19.18% over the last 30 days to $8.31 trillion, according to RWA.xyz data. Market cap rose 2.06% to $305.29 billion. Holders
Tether and Canaan Launch Modular Bitcoin Mining Systems Built for Scalable Efficiency
TL;DR Modular Shift: Tether and Canaan introduce modular mining systems that separate compute, power, and enclosure to improve efficiency and flexibility. Industrial Design: Tether and Canaan
Tether Launches MDK to Give Bitcoin Miners Full‑Stack Infrastructure Control
TL;DR: Tether launched MDK, an open-source development framework that unifies infrastructure control across Bitcoin mining operations. MDK combines a JavaScript backend SDK with a React UI
Tether Confirms $344M USDT Freeze in Major OFAC‑Linked Enforcement Action
TL;DR: Tether froze over $344 million in USDT across two addresses on the Tron network, in coordination with OFAC and U.S. law enforcement agencies. The wallets
Stablecoins and Crime: Why the Banking Narrative Doesn’t Hold Up
In recent weeks, a New York Times article has reignited a thorny debate: do stablecoins facilitate money laundering? The immediate response from the crypto industry was
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