7*24

Hot topic

Market

Activities

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation ChallengeDrift secures up to $127 million from Tether for user recovery, pivots from C

Claim1,200 USDT in the Monthly Creation Challenge

Drift secures up to $127 million from Tether for user recovery, pivots from Circle's USDC to USDT after $280 million exploit
Drift Protocol has secured a proposed recovery package of up to $127.5 million from Tether following its April 1 exploit.

The plan includes a revenue-linked credit facility, ecosystem support and liquidity backing tied to USDT markets.

Drift Protocol said it has secured a proposed recovery package of up to $127.5 million from stablecoin giant Tether as it works to compensate users following its April 1 exploit and prepare for a relaunch.

The Solana-based trading platform outlined the plan in a recovery update on Thursday, detailing a broader collaboration that also includes about $20 million from other partners.

The package is structured around a mix of capital and ongoing support. It includes a $100 million revenue-linked credit facility, an ecosystem grant and loans to market makers, with funds directed toward a dedicated recovery pool for affected users.

Drift said the pool is designed to address roughly $295 million in outstanding user losses over time as exchange revenue accrues and any recovered assets are added back.

To distribute claims, the protocol plans to issue a separate recovery token to impacted users.

The token, distinct from the DRIFT governance asset, will represent a claim on the recovery pool and is intended to be transferable. This will allow users to access liquidity ahead of full repayment, according to the incident report released April 16.

Drift’s relaunch will also bring a structural shift in how the platform operates. Per the team, it will move its settlement layer from USDC to USDT, with Tether providing a market-making support facility to help ensure liquidity at launch.




Drift secures up to $127 million from Tether for

WAR: Geopolitical Meme Coin on Solana

Claim1,200 USDT in the Monthly Creation ChallengeVote to help HTX win & share 300 USDT!Post To Earn BonusAccording to Farside Investors, the Morgan Stanley Bitcoin Trust (MSBT) attracted an additional

According to Farside Investors, the Morgan Stanley Bitcoin Trust (MSBT) attracted an additional $19.3 million in inflows on Wednesday, bringing total net inflows to $103 million. This exceeds WisdomTree’s $86 million, which it has accumulated since launching in January 2024.

Interest from major asset managers in the Bitcoin ETF market continues to grow. On Tuesday, Goldman Sachs—previously critical of crypto—filed with the SEC to launch its own Bitcoin ETF.

The new fund and its rivals
Morgan Stanley’s spot ETF launched on April 8 with one of the lowest fees in the market at 0.14%, undercutting the Grayscale Bitcoin Mini Trust ETF (BTC) by one basis point. The fund is now one of 12 spot Bitcoin ETFs in the U.S. The segment leader remains BlackRock’s iShares Bitcoin Trust ETF (IBIT), with $64.3 billion in net inflows, followed by Fidelity’s fund at $10.9 billion.

Other competitors include ETFs from Bitwise, ARK 21Shares, and Grayscale. If momentum continues, Morgan Stanley’s product could soon overtake Invesco Galaxy’s BTCO, Valkyrie’s BRRR, and Franklin’s EZBC, which have recorded $245 million, $326 million, and $375 million in net inflows, respectively.

At the same time, the ETF market is becoming increasingly competitive. The average lifespan of ETFs has declined from 4.66 years in 2024 to around 3.5 years in 2025.

More than 40 ETFs were liquidated in the first two months of 2026, although none were major crypto funds. These products had an average lifespan of 21 months—half that of ETFs closed in 2025.

Morgan Stanley takes a week to enter top ranks of

WL: Ethereum L2/Sidechain

it may indicate a greater likelihood of a price breakout. Market Reaction to Tech Developments: The reaction of the cryptocurrency markets to technological innovations in adjacent industries should no

Vote to help HTX win & share 300 USDT!

The Osmosis (OSMO) community is actively discussing Cosmos Hub Proposal 1029, which proposes a potential merger of Osmosis into the Cosmos Hub. However, the proposal is facing strong opposition, with 

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano founder Charles Hoskinson used one of his most confrontational videos in recent memory to ar

Cardano Founder Says Bitcoin Has Entered ‘Shitcoin Land’

Claim1,200 USDT in the Monthly Creation ChallengeVote to help HTX win & share 300 USDT!Post To Earn BonusThe market may be pricing XRP through an outdated lens. Over the past several days, the most co

The market may be pricing XRP through an outdated lens.

Over the past several days, the most consequential development regarding XRP has come from outside the crypto space. On April 8, the Federal Reserve proposed allowing U.S. banks and credit unions to use intermediaries through the FedNow Service, a change the central bank said could support private-sector cross-border payment solutions.

In the Fed’s own proposal details, the logic is explicit. Banks could use an intermediary, such as a correspondent bank, for the international portion of a transaction and use FedNow for the domestic U.S. leg.

That is a narrow regulatory change on paper. In practice, it reaches directly into the operational space XRP has spent years trying to own, faster movement of money across borders with fewer delays, less friction, and lower dependence on idle pre-funded capital.

That is where the market tension starts. XRP still trades with a utility narrative attached. Ripple’s own description of XRP presents the asset as infrastructure for global payments, with settlement in three to five seconds and transaction costs measured in fractions of a cent. XRPL’s overview goes further, describing XRP as a currency bridge within the network’s decentralized exchange. Those points have supported the asset’s core pitch for years.

If cross-border payments remain slow, expensive, and operationally fragmented, the case for a neutral bridge asset retains intuitive force. Once major payment rails begin to solve more of that friction within the regulated banking stack, the question changes. The issue becomes less about whether XRP can do the job and more about whether the job is becoming less scarce.

The Fed treads on XRP’s core payments use case wit

HTX DAO's First Hackathon Launches!

ARB is gaining momentum as one of the top Layer-2 solutions on Ethereum. With faster transactions and lower fees, ARB is attracting both developers and investors. 📊 Strong ecosystem growth ⚡ Scalable 

 is gaining momentum as one of the top Layer-2 solutions on Ethereum. With faster transactions and lower fees, 

 is attracting both developers and investors.
📊 Strong ecosystem growth
⚡ Scalable & low-cost transactions
🔥 Increasing DeFi activity

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge Claim1,200 USDT in the Monthly Creation ChallengeCrypto Legislation Nears Fi

Crypto Legislation Nears Finish Line as JPMorgan Sees Breakthrough on Negotiations 

Lawmakers in Washington are closing in on a final agreement over crypto talks and the Digital Asset Market Clarity Act.
Lawmakers in Washington are closing in on a final agreement for the Digital Asset Market Clarity Act, a bill that would establish a comprehensive framework for crypto regulation in the United States, according to reporting from CoinDesk citing JPMorgan sources.

The bank said negotiations have entered a late stage, with most disputes resolved and only a small set of issues still under discussion. One senior policy official said that the list of contentious topics has narrowed from about a dozen to just two or three, signaling a shift toward consensus after years of debate.

At the center of the legislation is a long-standing question over how to divide oversight of digital assets between federal regulators. The bill would formalize jurisdictional boundaries between the Securities and Exchange Commission and the Commodity Futures Trading Commission, while also defining how tokens, stablecoins and decentralized finance platforms fit within existing financial law.

Lawmakers and industry participants have framed the measure as a critical step toward bringing regulatory certainty to a sector that has operated in a patchwork environment. Treasury Secretary Scott Bessent and other officials have urged Congress to act, warning that delays risk pushing innovation and capital to foreign markets with clearer rules.

One of the most sensitive issues in negotiations has been whether stablecoin issuers should be allowed to offer crypto yield or yield-like rewards to users. 


Crypto Legislation Nears Finish Line as JPMorgan S

Particle Network (PARTI) recently announced the launch of the 7702 Collective, a coalition involving partners like @lifiprotocol and @AvailProject, which published a builders-focused report on crypto 

Canary Capital filed an S-1 with the SEC to list a U.S. spot ETF that would track PEPE. The filing follows Canary's earlier fund applications tied to MOG and Pengu. Canary said PEPE launched in April 

Article

Israel Warns of Possible Renewed Conflict with Iran, Continues Strikes on Hezbollah

SpaceX Plans Site Visits for Potential Major Investors Ahead of Large IPO

US Dollar Index Declines 0.07% on April 15

Iranian Speaker Ghalibaf: Lebanon's Ceasefire is a Result of Resistance Front's Struggle

Bitunix Analyst: Energy Supply Risks Shift to Manageable but Not Resolved, Delayed Responses in Policy and Corporate Behavior, Market Enters Asymmetric Pricing Phase

Todos os comentários0Mais recentePopular

Tópicos em destaque