Crypto

The last time the company spent so much money at once was just after the 2024 US presidential elections.

Last week's purchases were funded by sales of the company's perpetual preferred stock, STRC, and common stock.

Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime. Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base. According to a Monday announcement, users can borrow up to $5 million in USDC (USDC) with Bitcoin (BTC)-backed loans, depending on how much collateral a user pledges. Coinbase said interest rates are variable and set by Morpho based on market conditions on Base, suggesting that borrowing costs can change frequently. The exchange said there is no fixed repayment schedule, but borrowers face liquidation risk if the loan-to-value ratio exceeds specific thresholds.  Read more

Institutional investors are looking past the crypto market’s two largest behemoths, aggressively rotating capital into alternative cryptocurrencies as geopolitical tensions in the Middle East agitate traditional markets. Data from SoSoValue shows that US-based investment vehicles tracking the spot price of XRP absorbed $55.39 million in fresh capital over the past week, positioning the asset as […] The post Wall Street moves beyond the Bitcoin ETF trade as XRP leads altcoins on fragile macro relief appeared first on CryptoSlate.

Your look at what's coming in the week starting April 20.

Attackers forged a cross-chain message, came within minutes of a second drain, and wiped their tracks on the way out.

If losses are spread across KelpDAO users, that's an 18.5% haircut, leaving a $76M gap that Aave can cover by selling assets or taking debt.

What you need to know for April 20, 2026

Spot Bitcoin ETFs Near $1B Weekly Inflows: Best Since January The post Spot Bitcoin ETFs Near $1 Billion in Weekly Inflows, Best Stretch Since Mid-January appeared first on Cryptonews.

Crypto investment products recorded $1.4 billion in inflows last week as Bitcoin almost touched $78,000, with assets under management rising to $154.8 billion. Cryptocurrency investment products logged another week of strong inflows on ceasefire optimism and a Bitcoin price breakout driving investor sentiment. Crypto exchange-traded products (ETPs) posted $1.4 billion in inflows last week, beating the prior week’s $1.1 billion and marking the second-largest weekly inflow since January, CoinShares reported on Monday. Following the three-week inflow streak totaling $2.7 billion, crypto ETPs now have net year-to-date inflows of around $3.8 billion, with assets under management (AUM) at $154.8 billion — the highest level since early February, after dipping as low as $128 billion in March. Read more

The security incident compromised some customer credentials of the cloud platform, which is used by many crypto frontends to host their UI.

Bitcoin pulled back after Friday’s surge as traders considered a CME futures gap, a DeFi exploit rattled altcoins and macro pressures weighed on sentiment.

LayerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North Korea-linked threat actors. An attacker drained about 116,500 Restaked ETH (rsETH), worth as much as $293 million at the time, from Kelp DAO’s LayerZero-powered rsETH bridge on Saturday. LayerZero said Monday that the exploit stemmed from a single point of failure in Kelp’s setup, which relied on a single LayerZero DVN as the only verified path, despite LayerZero previously advising them against this. Read more

Publicly listed Bitcoin miners liquidated more than 32,000 Bitcoin during the first quarter of 2026, marking a record sell-off as the industry's largest operators redirect billions in capital toward artificial intelligence. This historic shift is unfolding precisely as the economics of Bitcoin validation reach a critical pressure point. With mining profitability hovering near cyclical lows, […] The post Public miners dump record BTC and are pivoting to AI — is Bitcoin’s security backbone starting to hollow out? appeared first on CryptoSlate.

Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain. Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables SoFi Bank to settle Mastercard transactions in SoFiUSD, while Galileo’s platform allows other banks and fintech issuers to adopt stablecoin settlement. Stablecoin settlement focuses on the post-transaction clearing stage, meaning consumers will continue using cards normally while the underlying settlement between banks may occur through blockchain-based digital assets. Read more

The exchange is trialing AI agents that replicate the decision-making styles of co-founder Fred Ehrsam and former CTO Balaji Srinivasan.

Michael Saylor Hints at Bigger Bitcoin Buys The post Michael Saylor Hints at Bigger Bitcoin Buys After Floating Semi-Monthly Dividends appeared first on Cryptonews.

LayerZero Links Kelp DAO Exploit to Lazarus Group The post LayerZero Says Lazarus Group Likely Behind Kelp DAO Exploit appeared first on Cryptonews.

Wrapped XRP goes live on Solana via Hex Trust and LayerZero. XRP surges 5% to $1.50 resistance. Full price analysis, key levels, and what's next for XRP holders. The post XRP Price Prediction: Wrapped XRP Just Launched on Solana — Is This the DeFi Unlock XRP Holders Have Been Waiting For? appeared first on Cryptonews.

After a 50% slide and partial recovery for bitcoin, traders are watching whether the Las Vegas event marks another short-term top for bitcoin.