Crypto

Cardano founder Charles Hoskinson has gone on record calling Bitcoin's proposed quantum defense both technically mislabeled and functionally inadequate. The detail most outlets are missing: roughly 1.7 million BTC may be beyond saving, no matter what developers vote through. The post Bitcoin Price Prediction: Cardano Hoskinson Says BTC Fix Can’t Save Satoshi Bags appeared first on Cryptonews.

Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional. A Texas man found guilty of helping orchestrate a cryptocurrency scam project that defrauded $20 million from nearly 1,000 investors has been sentenced to 23 years behind bars by a US judge on Tuesday. US District Judge LaShonda Hunt sentenced Robert Dunlap, who served as a trustee of the project that sold the fictional token Meta-1 Coin, to prison and ordered him to pay restitution to victims of the fraud, according to the Illinois US Attorney's office. Assistant US attorneys Jared Hasten and Paige Nutini said in the government’s sentencing memorandum that Dunlap was “unrepentant” and that his lies grew “over the years.” Read more

March was the “weakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023. The cryptocurrency market has entered a “sustained crypto winter,” according to CoinGecko, as spot trading volumes on centralized crypto exchanges rapidly fell over the first quarter of 2026. Crypto market capitalization fell by more than 20% during the first quarter as “bearish momentum from late 2025 collided with global geopolitical instability,” CoinGecko said in a report on Thursday. That caused the top 10 centralized exchanges by spot volume to record a 39% decrease in trading volume over the quarter ended in March, dropping to $2.7 trillion from $4.5 trillion in the fourth quarter of 2025. Read more

The researcher said they examined the fake Ledger device’s firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems. A Brazilian security researcher has warned others of the latest counterfeit Ledger device scam aimed at stealing users’ crypto. Posting as “Past_Computer2901” on the “ledgerwallet” Reddit channel on Thursday, the security researcher said they purchased what they thought was a legitimate Ledger device for personal use, but soon realized after it arrived that it was a sophisticated counterfeit aimed at stealing user funds.  “This isn't meant to cause panic, but rather to serve as a serious warning — I’m honestly still a bit shaken by the sheer scale of this operation,” they said.  Read more

The Ketman Project, funded by an Ethereum Foundation stipend, identified 100 North Korean IT workers and alerted about 53 projects employing DPRK operatives. The Ethereum Foundation said it funded a six-month project that exposed 100 North Korean operatives who had infiltrated Web3 companies under fake identities. The foundation on Thursday shared a recap of its ETH Rangers program, which was launched in late 2024 to provide "stipends for individuals doing public goods security work" within the ecosystem. One of the recipients used the capital to build the Ketman Project to focus on investigating “fake developers” embedded within crypto, particularly operatives from North Korea. Read more

Rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days. At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1. Attacks aimed at crypto protocols or companies since the start of April include CoW Swap, Hyperbridge, Bybit, Dango, Silo Finance, BSC TMM, Aethir, MONA, Zerion and, most recently, Rhea Finance and the Grinex exchange.  The Drift Protocol was hit with one of the largest exploits this year on April 1, losing around $280 million in a long-running social engineering attack suspected to involve North Korean-affiliated actors. Read more

Bitfinex plans to use the returned coins to redeem all Recovery Right Tokens and devote at least 80 percent of remaining net proceeds to repurchasing and burning its UNUS SED LEO token.

Token outperforms bitcoin and ether over seven days, though thinning participation signals consolidation rather than conviction.

Friday has rolled around again, and that means more Bitcoin and Ether options are expiring as spot markets hold on to recent gains. 

Funding rates at 2023 lows signal the market is heavily short against bitcoin, ZeroStack's Daniel Reis-Faria says, setting up conditions for a forced unwind if prices push higher.

Zanzibar police are reportedly holding Asymmetric founder Joe McCann for questioning after the death of his fiancée, Ashly Robinson. Police in Zanzibar are reportedly holding Joe McCann, a crypto trader and the founder of the crypto fund Asymmetric, for questioning after his fiancée died while the pair were on vacation. McCann’s fiancée, Ashly Robinson, 31, died in hospital on April 9 after she was found a day earlier by staff at a hotel where the couple was staying, NBC News reported Thursday, citing a statement from Tanzanian police. Police ruled Robinson’s death a suicide but said they are still questioning McCann. CBS News reported that police are holding McCann’s passport until autopsy results are complete. Read more

Grinex has been accused by US authorities of assisting Russia and other entities in evading sanctions and laundering funds for Russia-linked hackers. Sanctioned crypto exchange Grinex said it has suspended trading after losing more than 1 billion Russian rubles ($13.7 million) to an attack bearing signs of involvement by foreign intelligence agencies. The exchange, which is registered in Kyrgyzstan but has been linked to Russia’s crypto ecosystem and alleged sanctions evasion, said on Thursday that the funds were taken from 54 addresses and that the digital footprint and nature of the attack indicate an “unprecedented level of resources and technology available only to entities of hostile states.” “Due to the attack, the Grinex exchange has been forced to suspend operations. All available information has been transferred to law enforcement agencies. A criminal complaint has been filed at the location of the infrastructure,” it added. Read more

“When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis. Former Treasury Secretary Henry Paulson has urged US authorities to prepare a contingency plan for a potential future collapse in demand for US Treasurys, warning that the fallout would be “vicious.” “We need an emergency break-the-glass plan, which is targeted and short-term, on the shelf, so it’s ready to go when we hit the wall,” Paulson told Bloomberg in an interview on Thursday. The US Treasury market acts as the bedrock of the global financial system, serving as a “risk-free” benchmark with other assets, such as corporate bonds, mortgages, and stocks, being priced relative to Treasurys. Instability could cause ripple effects in the global economy. Read more

Analysts say reclaiming $76,000, sustained spot market buy volume and consistent inflows to the Bitcoin ETFs are the necessary components required for a rally to new highs. Bitcoin (BTC) struggles to reclaim price highs above $76,000, but analysts say that the uptrend may continue if key conditions are met. Bitcoin’s 8% climb over the last three days saw it reclaim key levels, including the 50-day exponential moving average (EMA) at $71,000. “$76K is the level that decides everything,” analyst Crypto Patel said in a Wednesday post on X, adding: Read more

Bitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000. Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Key takeaways: Whales bought roughly 270,000 BTC in the past 30 days. Read more

Bitcoin consolidates between $73,000 and $75,000 as liquidations trigger a short squeeze, but weak spot demand keeps the upside momentum in check. Bitcoin (BTC) traded between $75,000 and $73,000 over a three-hour period during the New York market open on Thursday, and the abrupt downside move liquidated $283 million in futures positions. The resulting short squeeze pushed BTC back toward $75,000, but sustaining the rebound will require steady buying volume in the spot market. A sharp move lower to $73,200 from $75,400 triggered a wave of long liquidations across the futures markets, totaling to $166 million, according to market commentator CryptoReviewing. The price then reversed quickly, pushing back toward $75,000 and liquidating roughly $117 million in short positions, highlighting a rapid two-sided squeeze within the same trading window. Read more

Bitcoin’s futures funding rate has remained negative even as BTC bounced back above $75,000. Should traders be worried? Key takeaways: Negative Bitcoin futures funding rates signal bear-market losses and forced liquidations rather than a shift in sentiment.  Institutional inflows into Bitcoin ETFs and corporate accumulation suggest that spot demand remains solid. Read more

Cardano founder Charles Hoskinson says "it's not possible" to save all vulnerable Bitcoin from quantum computing under the current proposal.

Stark's departure from the Ethereum Foundation is the most high-profile exit from the organization since its shakeup in the first quarter of 2025. Josh Stark, a key researcher and project manager at the Ethereum Foundation, the non-profit organization that stewards development of the Ethereum ecosystem, said Thursday that he is departing the organization after five years. Stark did not provide a specific reason for his departure and said in a post on X that he has “no plans for the future.” Instead, he will take some personal time to focus on family and friends. He said: He is one of four people listed as “Management” on an organizational chart which shows nearly all of the Foundation’s staff reporting in. Cointelegraph reached out to Stark about his departure, but did not receive a response by the time of publication. The departure of Stark from the Ethereum Foundation represents the most high-profile exit from the organization since Ethereum co-founder Vitalik Buterin announced sweeping leadership changes a...

The Ethereum Foundation reported that a six-month program helped expose around 100 DPRK IT workers across 53 crypto projects.