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Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit

News Decrypt 2026-04-16 16:00

Circle has faced pushback online for standing pat as actors used its cross-chain protocol to move stolen funds.

Tether announces $150M recovery program for Drift Protocol

News CoinTelegraph 2026-04-16 16:00

The Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April.

Chiliz Eyes $0.05 as On-Chain Data and Parallel Channel Confirm Bullish Setup

News BeInCrypto 2026-04-16 15:40

Chiliz trades at $0.043 with bullish MACD, low exchange inflow, and a parallel channel pointing toward $0.046 and $0.05. The post Chiliz Eyes $0.05 as...

$12 Trillion US Giant Charles Schwab Launches Spot Crypto Trading

News BeInCrypto 2026-04-16 15:40

Charles Schwab launches spot Bitcoin and Ethereum trading at 75 bps, challenging Robinhood and Coinbase. The post $12 Trillion US Giant Charles Schwab...

Tether backs Drift recovery with $127.5M as platform shifts from USDC to USDT

News AMBCrypto 2026-04-16 15:40

Drift moves toward relaunch with Tether support and a shift to USDT after its $285M exploit.

Polkadot-Ethereum Bridge Hack Losses Were 10x Worse Than Reported, Team Admits

News Decrypt 2026-04-16 15:40

Polkadot bridge protocol Hyperbridge said losses from this week's hack were 10x worse than originally reported, tallying about $2.5 million.

Florida Man Allegedly Drains $20,000 From Wells Fargo Customer, Calls Victim Dozens of Times To Request More Cash: Report

News Daily Hodl 2026-04-16 15:20

A Florida resident is accused of scamming a Wells Fargo customer out of $20,000 by posing as a bank official. Kevon Christopher-Ky’Marley Shaw is accu...

BitMEX Proposes ‘Canary Fund’ Alternative in Bitcoin Quantum-Security Debate

News Crypto News 2026-04-16 15:00

BitMEX Proposes 'Canary Fund' in Bitcoin Quantum Debate The post BitMEX Proposes ‘Canary Fund’ Alternative in Bitcoin Quantum-Security Debate appeared...

eToro’s Sign Up Offer Gives You up to $500 in Assets

News Crypto News 2026-04-16 15:00

eToro is offering new users up to $500 in free assets when they open and fund an account. Sign up, verify your identity, deposit funds, and claim, wit...

Anthropic Unveils Opus 4.7 as AI Rivalry Intensifies

News BeInCrypto 2026-04-16 15:00

Anthropic has released Claude Opus 4.7, its most advanced AI model to date, marking a significant upgrade in long-form reasoning, vision processing, a...

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