Drift Protocol said, with “medium-high confidence,” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
Latest News on Adoption
In general, adoption, as it relates to the technology world, is the process of something becoming more widely used and well known. Blockchain adoption has increased over the years since Bitcoin (BTC) launched in 2009 as an asset running on blockchain technology. Distributed ledger technology, or DLT, has caught the attention of mainstream companies for various use cases, such as supply chain management, while many crypto-native projects continue harnessing the tech.
Bitcoin adoption has also grown since the asset first came into the world, with entities showing greater interest in allocating funds to BTC. The Bitcoin adoption rate has increased over time. Cryptocurrency adoption, in general, has also increased, as assets other than Bitcoin have gained publicity.
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Santiment said bearish Bitcoin comments on social media have climbed to a five-week high, which could signal a reversal sooner rather than later.
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The longer Bitcoin's price stays flat, the bigger the move up could eventually be, according to a crypto analyst.
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Bitcoin ETFs offer more use cases for the average investor’s portfolio than a gold ETF does, according to ETF analyst James Seyffart.
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Edward Felten said Ethereum L2s need responsive pricing to scale, as Arbitrum’s new model tests an alternative to EIP-1559-style fee swings.
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DeFi prioritizes gas efficiency over market resilience. Simplified financial logic fails under volatility due to computational constraints.
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High-demand assets enable continuous settlement, collateralization and network effects. Programmability on dollars and bonds compresses financial frictions where trillions already flow.
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Taiwanese lawmaker Ko Ju-Chun said last year that the country’s Ministry of Justice holds 210 Bitcoins, worth $14 million, confiscated during criminal investigations.
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Franklin Templeton has agreed to acquire CoinFund spinoff 250 Digital to launch Franklin Crypto, a dedicated crypto arm targeting institutional crypto investment management.
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Gen Z embraces Bitcoin despite acknowledged volatility. Younger investors treat crypto risk as portfolio diversification rather than pure speculation.
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Block cut 4,000 of its staff in February as part of its AI-driven pivot. A new post by Block's Jack Dorsey has shed light on how the company and others might operate in the future.
1358 Stablecoin infrastructure delivers velocity but issuers and exchanges capture the rent. Velocity beats market cap as digital dollars become invisible financial plumbing.
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A Coinbase-backed survey found more than 80% of UK 16–25-year-olds are aware of crypto, as policymakers consider restrictions on digital asset donations.
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Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks.
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The Google Play Store page states that the app collects personal data, such as a phone number, while the App Store directs users to the White House’s privacy policy.
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