🗞 Quick recap of the last 24 hours in crypto and finance!
🇺🇸 CFTC Chair Michael Selig: "Today’s financial infrastructure is outdated. Blockchain technology is precisely what we need to modernize it for the 21st century."
🚨 Ledger’s CTO suggests the $280M Drift Protocol breach may be tied to North Korean hackers.
🚨 Arthur Hayes raises a key question: Could native multisig support on Solana have stopped the Drift hack?
🚨 U.S. 30-year mortgage rates climbed for the fifth consecutive week, reaching 6.46% — the highest level since September 2025.
⚡️ Circle just unveiled cirBTC, a 1:1 Bitcoin-backed token with onchain-verified reserves, designed for smooth DeFi interoperability.
🇨🇦 Canada’s new stablecoin regulations will mandate 1:1 reserve backing, registration with the Bank of Canada, and at-par redemption rights for users.
🔥 SpaceX, led by Elon Musk, is aiming for a valuation above $2 trillion in its upcoming IPO, potentially placing it among the top five companies in the S&P 500, according to Bloomberg.
🚨 Tether is finalizing efforts to close a funding round at a $500 billion valuation, The Information reports.
🚨 The IMF published a new paper on tokenized finance, emphasizing its potential to reshape banking, capital markets, and payment systems.
#Blockchain #CryptoNews #DeFi #Stablecoins #Fintech
CruxChain
🇺🇸 CFTC Chair Michael Selig: "Today’s financial infrastructure is outdated. Blockchain technology is precisely what we need to modernize it for the 21st century."
🚨 Ledger’s CTO suggests the $280M Drift Protocol breach may be tied to North Korean hackers.
🚨 Arthur Hayes raises a key question: Could native multisig support on Solana have stopped the Drift hack?
🚨 U.S. 30-year mortgage rates climbed for the fifth consecutive week, reaching 6.46% — the highest level since September 2025.
⚡️ Circle just unveiled cirBTC, a 1:1 Bitcoin-backed token with onchain-verified reserves, designed for smooth DeFi interoperability.
🇨🇦 Canada’s new stablecoin regulations will mandate 1:1 reserve backing, registration with the Bank of Canada, and at-par redemption rights for users.
🔥 SpaceX, led by Elon Musk, is aiming for a valuation above $2 trillion in its upcoming IPO, potentially placing it among the top five companies in the S&P 500, according to Bloomberg.
🚨 Tether is finalizing efforts to close a funding round at a $500 billion valuation, The Information reports.
🚨 The IMF published a new paper on tokenized finance, emphasizing its potential to reshape banking, capital markets, and payment systems.
#Blockchain #CryptoNews #DeFi #Stablecoins #Fintech
CruxChain
🇹🇷 JUST IN: Turkey has sold off 120 tons of gold—valued at nearly $20 billion—over the past three weeks to stabilize the lira, including 70 tons dumped last week alone. The move has wiped out six years’ worth of accumulated reserves, as Erdogan’s central bank scrambles to shore up confidence in the currency.
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🚨 UPDATE: Grayscale has filed an S-1 amendment for its Bittensor ($TAO) trust. https://t.co/xR5wvUv9wP
CruxChain
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🇫🇷 EXCLUSIVE: LONGITUDE is back for its 9th edition in Paris, co-hosted by Cointelegraph and OKX.
On April 15, over 350 industry leaders will convene for this invite-only gathering at Shangri-La, Paris.
The evening features high-level dialogue on digital assets, real-world assets (RWAs), and institutional adoption—followed by curated fine dining and live music.
Secure your invitation here:👇
https://luma.com/vx2llrvk
CruxChain
On April 15, over 350 industry leaders will convene for this invite-only gathering at Shangri-La, Paris.
The evening features high-level dialogue on digital assets, real-world assets (RWAs), and institutional adoption—followed by curated fine dining and live music.
Secure your invitation here:👇
https://luma.com/vx2llrvk
CruxChain
🚨 BREAKING: Coinbase CEO Brian Armstrong highlights the escalating threat quantum computing could pose to Bitcoin’s security, urging swift action to reinforce BTC and make it quantum-resistant. Learn more
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🚨 ALERT: Spot CEX volume reached $986B in March —
the lowest monthly figure in the past two years.
Source: Monthly Exchange Report
#MarketUpdate #CEXVolume #CryptoInsights
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the lowest monthly figure in the past two years.
Source: Monthly Exchange Report
#MarketUpdate #CEXVolume #CryptoInsights
CruxChain
🇪🇺 INSIGHT: Europe’s MiCA transition period is winding down, and compliance demands are intensifying.
Businesses must now align licensing, reporting, and cross-border frameworks across various jurisdictions.
As many companies remain in the middle of their transition, Legal Nodes is supporting teams in navigating MiCA compliance—before time runs out.
CruxChain
Businesses must now align licensing, reporting, and cross-border frameworks across various jurisdictions.
As many companies remain in the middle of their transition, Legal Nodes is supporting teams in navigating MiCA compliance—before time runs out.
CruxChain
🚨 REKT: Bitcoin whales lost close to $337 million in the past 24 hours, pushing their total realized losses for Q1 to $30.9 billion. Learn more #Bitcoin #Whales #CryptoLosses
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