Tag: Million

Drift Protocol halts activity as suspicious transfers point to possible $270 million exploit

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Drift Protocol said it was investigating unusual activity on April 1 and urged users not to deposit funds, according to a post on X. Drift Protocol is experiencing an active attack. Deposits and withdrawals have been suspended. We are coordinating with multiple security firms, bridges, and exchanges to contain the incident. This is not an April Fools joke. We’ll provide additional updates from this account as… https://t.co/03SRPq4fHj — Drift (@DriftProtocol) April 1, 2026 In a later update, the Solana-based perpetuals platform said it was experiencing an active attack and had…

Bitget Wallet plugs XRP Ledger into its payment stack for 90 million users

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Bitget Wallet has integrated the XRP Ledger into its ecosystem, giving its 90 million users access to XRP transfers, RLUSD transactions, and cross chain swaps tied to one of crypto’s biggest non custodial wallet platforms. The move gives XRPL broader retail distribution while positioning Ripple’s dollar backed stablecoin inside a wallet built around payments, not just trading. The rollout plugs XRPL into Bitget Wallet’s wider Onchain Payments Matrix, which the company describes as infrastructure linking blockchains with bank rails, cards, and merchant payments. Bitget says users will be able to…

Sam Altman’s World sells 239 million WLD through OTC deals with partial lockup

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World Foundation, the non-profit entity behind the biometric identity verification protocol formerly known as Worldcoin, disclosed today that its subsidiary completed the sale of around $65 million in WLD tokens through a series of over-the-counter deals with four counterparties over the past week. Based on the disclosed average price, World Assets, Ltd., the unit responsible for token issuance and distribution, sold approximately 239 million WLD tokens. 1/ World Assets, Ltd. has now closed a series of OTC sales for a total of $65,000,000 with four counterparties over the past week,…

BlackRock sends $181 million in Bitcoin, Ether to Coinbase amid crypto sell-off

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BlackRock deposited $181 million in digital assets on Coinbase Prime today during a slump in crypto markets that pushed Bitcoin and altcoins lower. According to Arkham Intel data, 612 BTC, worth around $41 million, and 68,567 Ethereum, worth approximately $140 million, were transferred from a wallet owned by the leading asset manager. While BlackRock’s transfers may not involve selling and could be part of a dip-buying strategy, they have caught notice amid mixed demand for exchange-traded products and ongoing geopolitical uncertainty. The deposit took place amid a sharp crypto market…

NYSE owner Intercontinental Exchange invests $600 million in Polymarket

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ICE has made a $600 million direct cash investment in Polymarket, supplementing its prior $1 billion investment in October 2025, the company said Friday. Along with its earlier $1 billion investment, ICE will have fulfilled its funding obligations. This is a developing story. Please check back for further updates. Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy. Source link

Bhutan moves $45 million worth of Bitcoin in two days

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The Royal Government of Bhutan, which became one of the first sovereign Bitcoin miners by using surplus hydroelectric power, has moved 643 BTC worth over $45 million to external wallets over the past two days, according to Arkham Intel data. Bhutan once held more than 13,000 BTC and now appears to be systematically converting its digital reserves into capital. Bitcoin traded at $66,500 at press time, down 4% in the last 24 hours, per TradingView. Despite recent Bitcoin sales, Druk Holdings, the investment arm of the Bhutanese government, still holds…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

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An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were…

Invesco to take leadership of Superstate’s $900 million USTB tokenized fund

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Invesco, a global asset manager with over $2.2 trillion in assets under management, will assume portfolio management of Superstate’s tokenized U.S. Treasury fund, USTB, the company announced Tuesday. USTB offers exposure to short-term U.S. Treasury Bills, targeting stable income, liquidity, and returns near the federal funds rate. Since its launch in early 2024, the fund has grown to approximately $967 million in assets. As part of the collaboration, USTB will continue to use Superstate’s blockchain-based infrastructure, while Invesco’s Global Liquidity team, which manages approximately $219 billion across money market and…

Worldcoin reportedly sells 117 million WLD through OTC deals

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Worldcoin, the digital identity and token distribution project co-founded by Sam Altman in 2019, appears to have offloaded 117 million WLD tokens worth about $39 million through over-the-counter sales, according to Lookonchain. Worldcoin appears to have sold 117M $WLD($38.7M) via OTC. Today, Worldcoin deposited 117M $WLD($38.7M) to #Binance and #FalconX, and then received 35M $USDC.https://t.co/k7ewApTkoO pic.twitter.com/8ZR0OIvgTB — Lookonchain (@lookonchain) March 21, 2026 The tokens went to Binance and FalconX, an institutional prime brokerage that handles large-block trades for hedge funds and asset managers. On-chain data shows the project received approximately…

Hyperliquid’s S&P 500 perpetual tops $100 million in daily volume after licensed launch

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Hyperliquid’s newly launched S&P 500 perpetual contract topped $100 million in 24 hour trading volume within days of its debut, quickly becoming one of the blockchain’s 10 largest markets. The early surge points to strong demand for 24/7 onchain access to traditional assets. The market was launched through a licensing deal between Trade[XYZ] and S&P Dow Jones Indices, which described the product as the first and only officially licensed perpetual derivative based on the S&P 500 and powered by institutional grade index data. The launch adds to the rapid rise…