News linked to this event type.
Odaily News Drift announced on its official website that Drift Protocol has received support from Tether and other partners. Tether intends to contribute $127.5 million, while other partners plan to contribute $20 million, collectively supporting user recovery efforts following the April 1st attack. This support package includes a $100 million revenue-linked credit line, ecosystem grants, and loans provided to market makers. Drift will establish a dedicated user recovery pool, aiming to gradually address the $295 million in outstanding user losses as trading revenue grows. Additionally, Drift will issue independent recovery tokens to affected users, which represent a claim on the recovery pool and are transferable. Drift is currently in the process of restarting the protocol, having engaged Ottersec and Asymmetric for audits, and is migrating its settlement layer from USDC to USDT. The previous attack resulted in the theft of assets worth approximately $295 million, while the insurance fund assets remained unaffected.
Odaily News On April 16 local time, U.S. Secretary of Defense Hagerthes said at a press conference that the U.S. Treasury Department is launching an operation codenamed "Economic Fury" to "impose maximum economic pressure on Iran." (CCTV)
Odaily News U.S. Defense Secretary Hagerthes said at a press conference on the 16th that U.S. Central Command Commander Brad Cooper had briefed him that morning on the latest developments in all aspects of Operation "Epic Fury." Hagerthes stated that the U.S. military continues to carry out the "unbreakable blockade mission," ensuring that U.S. forces are in optimal combat readiness and prepared to resume combat operations at any time. (CCTV News)
According to The Block, the UK’s Financial Conduct Authority (FCA) has published a new consultation paper seeking feedback on how to bring digital asset activities—including stablecoin issuance, trading platforms, custody, and staking—under regulatory oversight. The consultation period ends on 3 June 2026. Crypto firms will be able to begin applying for FCA authorization as early as 30 September 2026, and the new regulatory regime is expected to officially take effect in 2027. The FCA stated that, prior to the new regime coming into force, crypto assets are largely unregulated in the UK—except for financial promotions and anti-financial crime oversight. Industry insiders note that the UK’s progress on crypto regulation clearly lags behind Europe, which has already established a comprehensive enforcement framework; however, some practitioners view the FCA’s systematic, phased implementation approach positively.
According to the official announcement, Bitget has launched U-denominated GENIUS perpetual contracts with leverage ranging from 1x to 20x. The contract trading BOT will also be made available simultaneously.
According to Decrypt, Blockstream CEO Adam Back stated at Paris Blockchain Week that he supports advancing Bitcoin’s quantum resistance upgrade on an opt-in basis, opposing proposals to forcibly freeze quantum-vulnerable addresses. He emphasized that “preparation well in advance is far safer than scrambling to respond during a crisis,” and noted that the Bitcoin community possesses strong coordination capabilities to rapidly address critical vulnerabilities. Previously, developer Jameson Lopp and five others proposed BIP-361 (“Post-Quantum Migration and Legacy Signature Sunset”), which advocates phasing out quantum-vulnerable addresses over five years and ultimately freezing coins held in unmigrated addresses—including approximately 1.7 million bitcoins held by Satoshi Nakamoto.
According to The Block, the Washington-based think tank Cato Institute published a critique of the U.S.’s current Bitcoin tax policy. Researcher Nick Anthony pointed out that the existing tax framework—which classifies Bitcoin as “property” rather than “currency”—requires users to calculate capital gains or losses for every single transaction, including routine, small-value purchases. This makes tax filing extremely cumbersome and effectively hinders Bitcoin’s adoption as a payment instrument. In response, the Cato Institute proposed several reform measures, including fully eliminating capital gains taxes on cryptocurrency payments and introducing a de minimis exemption threshold for small transactions. The report also referenced the existing Virtual Currency Tax Fairness Act—a bill that would exempt crypto transactions under $200—but Anthony argued that this threshold is too low to reflect real-world consumer spending levels. Currently, the Trump administration has expressed support for establishing a de minimis exemption for cryptocurrency transactions and will continue evaluating related legislative options.
According to an official announcement, the BTTC Bridge transaction history page has completed its functional upgrade and is now officially live, aiming to provide cross-chain users with a more efficient and transparent asset tracking experience. This update introduces a dual-view mode—“All Records” and “In Progress”—displayed independently, along with a multi-dimensional filtering tool that supports flexible, combined searches by transaction status, type, and custom date ranges. Additionally, the page now features dedicated identification markers for deposits, withdrawals, and cross-chain activities, helping users quickly locate fund flows. Users can now visit the platform to experience a clearer cross-chain transaction management view. The team will continue refining product details to support broader on-chain interaction scenarios.
According to a CoinGecko report, the cryptocurrency market continued its bearish trend in Q1 2026, with total market capitalization declining by 20.4% (approximately $622 billion) to $2.4 trillion—down roughly 45% from its October 2025 peak. Key drivers of the downturn included tightened monetary policy expectations following Kevin Warsh’s nomination as Federal Reserve Chair and geopolitical shocks stemming from the U.S.-Iran war. The stablecoin market remained broadly stable, with total market capitalization rising slightly to $309.9 billion. USDT’s supply declined for the first time since Q2 2022, falling to $184.1 billion; USDC grew 2.4% to $77.1 billion; and USD1—issued by WLFI—rose 32.5%, boosted by Binance’s airdrop campaign. In terms of asset performance, crude oil prices surged 76.9% due to supply disruptions caused by the U.S.-Iran war, making it the strongest-performing asset this quarter; gold rose 8.1%; while Bitcoin fell 22.0%, underperforming both the Nasdaq (-7.1%) and the S&P 500 (-4.8%). Regarding trading volume, spot trading volume across top centralized exchanges dropped 39.1% to $2.7 trillion; March volume totaled just $0.8 trillion—the lowest since November 2023. Binance maintained a 37.0% market share. Among decentralized exchanges, Solana retained leadership with a 30.6% share—but was overtaken by Ethereum in March.
According to the official announcement, Binance Futures will launch MSFTUSDT, AVGOUSDT, and BABAUSDT—three USDT-denominated perpetual contracts—in batches on April 20, 2026. These contracts track the stock prices of Microsoft (Nasdaq: MSFT), Broadcom (Nasdaq: AVGO), and Alibaba Group (NYSE: BABA), respectively. All three contracts offer a maximum leverage of 10x, a funding rate cap of ±2%, and funding settlements every 8 hours. They support 24/7 trading and multi-asset margin mode.
Odaily News According to an official announcement, Binance Futures will launch the MSFTUSDT perpetual contract at 13:30 (UTC) on April 20, 2026, the AVGOUSDT perpetual contract at 13:40 (UTC), and the BABAUSDT perpetual contract at 13:50 (UTC). All the aforementioned contracts will support up to 10x leverage and the Multi-Assets Mode.
According to CoinDesk, JPMorgan Chase released a research report stating that legislative negotiations for the U.S. CLARITY Act are nearing completion, with contentious issues reduced from over a dozen to just “two or three remaining items.” Discussions regarding stablecoin rewards have also entered a constructive phase. The bill aims to clarify the regulatory framework for digital assets, delineate responsibilities between the SEC and the CFTC, and establish compliance pathways for stablecoins and DeFi platforms. The latest proposal is expected to garner support from both the crypto industry and traditional financial institutions. However, the official text of the bill has not yet been published, nor has a vote been scheduled. Moreover, if Democrats regain control of the House of Representatives in the 2026 midterm elections, the priority for crypto-related legislation may decline, introducing uncertainty into the bill’s progress.
Cobo, a digital asset custody and wallet solutions provider, has launched the Adoption Clearing Layer (ACL), a payment incentive settlement layer open to public blockchains, stablecoin issuers, and payment institutions. Cobo aims to collaborate with more ecosystem partners to jointly build a stablecoin payment network grounded in real-world transactions. The ACL offers multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets to genuine payment transactions—creating a transaction-centric growth loop. Initial ACL partners include Aptos and Morph; through ACL, participants can earn up to 15 basis points (bps) per transaction as commission—boosting authentic on-chain transaction volume for ecosystem participants while delivering sustainable revenue streams for payment institutions.
The event runs from 10:00 UTC on April 14 to 09:59 UTC on May 22. Points can be accumulated continuously during the event period and redeemed for various rewards or scratch cards.
According to an official announcement, Bithumb has added GRACY, SPURS, ZTX, WIKEN, and FITFI to its trading alert list, with notices regarding designated delisting, cancellation, or termination of trading support scheduled for the third week of July (between July 13 and July 17).
It is reported that Bybit Alpha has now launched trading for $UNC and $BULL. Both $UNC and $BULL are trending Solana-based meme projects. $UNC surged over 241% intraday, with its market cap briefly exceeding $21 million; it is currently trading at approximately $0.02.
According to FinanceFeeds, Morgan Stanley stated that real-world asset tokenization has become the “next major step” for its global business and is now a strategic priority in its initiative to upgrade traditional financial infrastructure using blockchain. The firm plans to integrate traditional and digital assets within regulated environments, advance near real-time on-chain settlement, and launch an institutional digital wallet in the second half of 2026—supporting tokenized traditional investment products as well as crypto assets such as Bitcoin, Ethereum, and Solana. Meanwhile, Morgan Stanley is also advancing the development of a tokenized private equity secondary market and building both on-chain and off-chain settlement processes.
OpenGradient, the verifiable AI computing layer, has announced that its OPG airdrop registration portal is now live. Users can visit the official portal to connect their wallets and accounts, check eligibility, and complete registration to confirm their community allocation eligibility. OpenGradient stated that this airdrop targets users who have previously contributed to advancing on-chain verifiable AI inference. Registration runs from April 15 to April 20, 2026, and claim distribution begins on April 21.
Bitget Launches Phase 3 “Stock God Guessing” Campaign with a Total Prize Pool of $100,000 USDT; Participation Period: April 15–22. During the campaign, both new and existing users can complete daily tasks—including logging in, depositing funds, and executing stock trades—to earn a set number of guessing opportunities. Users may use these opportunities to predict whether NVIDIA’s price will rise or fall. Points will be awarded regardless of whether the prediction is correct or incorrect. Users ranked Top 1–100 by points will receive cash vouchers worth $100–$2,500 USDT; those ranked Top 101–1,086 will receive futures contract position experience vouchers worth $50–$100 USDT. To qualify for the corresponding ranking reward, users must satisfy both the ranking and minimum point requirements. Full campaign rules are published on Bitget’s official platform. Eligible users must click the “Join Now” button to complete registration before participating.
Odaily News According to an official announcement, MGBX will launch Sentio (ST) spot trading at 18:00 (SGT) on April 18, 2026.Deposit Opening Time: 16:00 (SGT) on April 16, 2026Trading Opening Time: 18:00 (SGT) on April 16, 2026Withdrawal Opening Time: 19:00 (SGT) on April 18, 2026Sentio is a decentralized data and compute network built for crypto developers. It provides a modern developer tool stack, including the Sentio Processor (hosted subgraph) with native TypeScript support, multi-language SDKs, decentralized compute infrastructure, and high-performance data indexing and analytics.