Crypto News & DeFi Analytics
Retail Users Drive the Bulk of USDT0 Transaction Volume
The omnichain stablecoin USDT0 is primarily used by retail holders: 99.2% of wallets hold less than $1,000, with a median transfer size of just $902.
Elon Musk Tells Court Most Cryptocurrencies Are Scams
Elon Musk stated during the OpenAI trial that most cryptocurrencies are fraudulent projects, sparking backlash from the crypto community given his own deep ties to digital assets.
April 2026 Sets All-Time Record for Number of Crypto Hacks
April 2026 saw a record-breaking 24 crypto hacks resulting in approximately $651 million in total losses. Kelp and Drift Protocol suffered the largest exploits.
Arbitrum DAO Votes on $71M Transfer to DeFi United Recovery Fund
Arbitrum's governance has launched a vote to transfer 30,766 ETH (~$71M) to the DeFi United fund created to cover losses from the Kelp exploit.
PayPal Restructures Into Three Divisions, Creates Dedicated Crypto Unit
PayPal has reorganized its business into three divisions, with a dedicated unit for crypto services and its PYUSD stablecoin. The restructuring also brought significant leadership changes.
Glassnode: Bitcoin Seller Pressure Fading as Record Shorts Create Short-Squeeze Risk
Glassnode analysts report weakening sell pressure on Bitcoin while the asset trades between $65,000–$70,000 support and $79,000 resistance. A record number of short positions raises the probability of a squeeze.
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