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1 week ago | 
crypto.news | Leon Okwatch
Share The hacker behind KiloEx’s recent $7.4 million exploit has returned $1.4 million worth of USDT following days of silence. The update was shared by blockchain security firm PeckShield in an Apr. 18 post on X, confirming that funds linked to the attack were sent back to KiloEx’s address. KiloEx, a decentralized perpetuals trading platform backed by YZi Labs, was hacked on Apr. 15 in a cross-chain attack that targeted Base, opBNB, and BNB Chain (BNB).
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1 week ago | 
crypto.news | Leon Okwatch
Share HashKey Capital has launched Asia’s first XRP Tracker Fund, giving professional investors a regulated way to gain exposure to XRP without holding the asset directly. The fund’s launch, announced in an Apr. 18 press release, marks the latest push to unite traditional finance with digital assets. The XRP Tracker Fund will mirror the price of XRP, the native token of Ripple’s (XRP) payment network.
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1 week ago | 
crypto.news | Leon Okwatch
Share Binance has maintained its position as the leading centralized exchange in Q1 2025, despite a wider market downturn and declining trading volumes. With a total trading volume of about $8.39 trillion, Binance accounted for 36.5% of the global CEX market share, according to TokenInsight’s Q1 exchanges report. This was a decrease from the $9.95 trillion volume in Q4 2024 in line with the general market trend.
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1 week ago | 
crypto.news | Leon Okwatch
Share Circle, the issuer behind USDC, has launched a new smart contract platform called Refund Protocol, aiming to bring refunds and dispute resolution to stablecoin payments. The company announced the launch in an Apr. 17 blog post on its official website. Traditionally, stablecoin transactions act more like cash payments, with no option for users to dispute a charge or request a refund once the payment is sent. There’s no easy way to get a refund if something goes wrong.
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1 week ago | 
crypto.news | Leon Okwatch
Share Privacy-focused exchange eXch will shut down operations on May 1 following rising allegations that it was used to launder funds stolen in the $1.5 billion Bybit hack. In an Apr. 17 notice on the Bitcoin Forum, eXch’s team said the project had become the target of a “transatlantic operation” aiming to shut it down and potentially prosecute key figures for money laundering and terrorism.
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1 week ago | 
crypto.news | Leon Okwatch |Ankish Jain
Base, the layer-2 blockchain backed by Coinbase, is facing criticism after a token it promoted crashed 95% shortly after launch before bouncing back. On Apr. 16, Base made a post on Zora, an on-chain social app that automatically turns posts into tokens. The post said, “Base is for everyone.” Minutes later, the official Base X account shared the same message with a reply linking to the Base for everyone token page on Zora. The token surged quickly, hitting a $17 million market cap.
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1 week ago | 
crypto.news | Leon Okwatch |Ankish Jain
Shardeum, a layer 1 blockchain co-founded by WazirX founder Nischal Shetty, has scheduled its token generation event for May 5, 2025. The project confirmed the launch date on an Apr. 17 post on X, noting that more details on its airdrop, token sale, and SHM listings will be shared soon. This marks a major step forward for the project, which has seen its mainnet launch delayed several times since its original timeline.
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1 week ago | 
crypto.news | Leon Okwatch |Ankish Jain
Synthetix’s algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko’s price data, sUSD has dropped to $0.7924 as of Apr. 17, down more than 8% in the past 24 hours. Its market cap has fallen from $30 million at the beginning of April to $25 million as of press time. Due to the ongoing depeg, market activity has increased, as shown by the 320% rise in 24-hour trading volume to $794,081.
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1 week ago | 
crypto.news | Leon Okwatch |Ankish Jain
VanEck is set to debut its new exchange-traded fund under the ticker NODE, on May 14, expanding its lineup of crypto-related investment products. VanEck’s head of digital assets, Matthew Sigel, announced in an Apr. 16 post on X that the U.S. Securities and Exchange Commission has approved its upcoming ETF, NODE. The firm plans to launch the ETF on May 14, offering equity exposure to companies shaping the digital asset and blockchain economy.
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1 week ago | 
crypto.news | Leon Okwatch |Ankish Jain
Ethereum has slipped below the $1,600 mark, but on-chain and technical signals hint that the market may be entering a key accumulation phase. According to an Apr.17 analysis by CryptoQuant contributor abramchart, Ethereum (ETH) is trading near its realized price level, historically a zone that has preceded significant rebounds. The realized price, currently around $1,585, has served as a reliable signal of deep-value accumulation.
