Circle Faces Lawsuit After Drift Exploit Over Claims It Took No Action to Freeze the Funds

Crypto infrastructure providers are under rising pressure as a new lawsuit tests whether technical control can bring legal responsibility after a major hack. The case against Circle could influence how courts treat stablecoin and bridge operators during active breaches. Key Takeaways: Circle faces claims it failed to freeze stolen USDC after the Drift Protocol exploit. […]

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Bitcoin Hits $78,348 as Strait of Hormuz Reopening Ignites Global Relief Rally

Bitcoin surged past $78,000, reaching an intraday high of $78,348. The rally pushed its 24-hour gains to 4.1% and its total market cap to $1.56 trillion. Key Takeaways: Bitcoin hit $78,348 as Iran reopened the Strait of Hormuz, marking its highest price since Feb. 4. Global markets surged as Brent crude fell below $89, wiping […]

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Kraken Parent Payward Enters $550M Deal to Acquire Bitnomial, Accelerating Regulated US Crypto Derivatives Push

Kraken is set to strengthen its dominance in U.S. crypto derivatives as parent company Payward moves to acquire Bitnomial in a deal worth up to $550 million at a $20 billion valuation. The move positions Kraken to accelerate regulated product expansion and capture growing market demand. Key Takeaways: Payward will acquire Bitnomial to add a […]

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TRON Integrates deBridge MCP, Unlocking Seamless Cross-Chain Execution for AI Agents

This sponsored press release was provided by TRON DAO and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this announcement. PRESS RELEASE. Geneva, Switzerland — April 17, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized […]

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Oil Prices Crash as Iran Reopens Strait of Hormuz

The announcement was made by Iran’s Foreign Minister Abbas Araghchi, who specified that as part of the ceasefire, the Strait of Hormuz was “completely open.” Oil futures plummeted, with the WTI and Brent benchmarks falling over 10%, reaching below $90. Key Takeaways: Iran reopened the Strait of Hormuz, crashing Brent futures 10% to $87.19 and […]

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XRP Holds Breakout as Global Macro Conditions Improve and Stronger Institutional Flows Support Further Upside

Buying pressure remains firmly in control as XRP holds a breakout near intraday highs after a sharp rally. Strong momentum and improving market conditions are supporting the advance, while technical signals show the move is becoming extended. Key Takeaways: XRP held above breakout levels, signaling buyers still control the trend. Institutional flows and Rakuten support […]

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Bitcoin Rips Higher as Hormuz Reopening Lifts Sentiment and Keeps Bulls in Control

Bitcoin extends its breakout above prior resistance, signaling strong upward momentum as buyers push price to fresh local highs. The move reflects sustained demand and trend continuation, with bitcoin holding firm near peak levels. Key Takeaways: Bitcoin pushes toward $78K as strong buying momentum drives continued upside. Chart confirms bullish breakout with higher highs supporting […]

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Anthropic Debuts Claude Opus 4.7 as Agentic Workflows Take Center Stage

Anthropic officially launched its newest artificial intelligence model, Claude Opus 4.7, on Thursday, April 16, 2026. Key Takeaways: Anthropic launched Claude Opus 4.7 on April 16, 2026, featuring an 87.6% score on the SWE-bench Verified test. The AI industry shift toward agentic autonomy sees Opus 4.7 outperform GPT-5.4 in complex coding and finance. Developers must […]

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Singapore Gulf Bank Unveils Stablecoin Mint and Redeem Service for Institutional Clients

Singapore Gulf Bank has launched a stablecoin mint and redeem service, allowing institutional and high-net-worth clients to convert fiat currency to digital assets with 24/7 instant settlement. Key Takeaways: SGB launched 24/7 stablecoin minting on SGB Net to enable instant settlement for transactions over $100,000. To drive adoption, SGB is waiving Solana gas and bank […]

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Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela

Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails. Key Takeaways: Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future […]

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