hodler

27 Apr 2026, 21:12

Final Powell decision before Warsh as BTC eyes $82,000

🪙 Powell’s final Fed decision comes as BTC targets $82,000. No rate move is expected, but markets await key signals. 🧐 Critical data: $BTC support remains at $75,727 and $73,855 with resistance at $80,203. Continue Reading: Final Powell decision before Warsh as BTC eyes $82,000 The post Final Powell decision before Warsh as BTC eyes $82,000 appeared first on COINTURK NEWS .

27 Apr 2026, 21:10

Tennessee Cryptocurrency Ban: Kiosks Outlawed Starting July 1, Operators Face Prison

BitcoinWorld Tennessee Cryptocurrency Ban: Kiosks Outlawed Starting July 1, Operators Face Prison Tennessee has enacted a sweeping cryptocurrency ban on kiosks, effective July 1. Governor Bill Lee signed the bill into law, classifying the installation of these machines as a Class A misdemeanor. This move targets the proliferation of Bitcoin ATMs and similar kiosks across the state. Understanding the Tennessee Cryptocurrency Ban on Kiosks The new law, signed by Governor Lee, directly addresses crypto kiosks . These machines allow users to buy or sell digital assets like Bitcoin for cash. The legislation reclassifies their installation as a Class A misdemeanor. This means operators and businesses face severe penalties. According to Cointelegraph, the penalties include up to 11 months and 29 days in prison. Additionally, violators may face a fine of $2,500. This crypto kiosk regulation aims to curb fraudulent activities often linked to these machines. Many states have scrutinized Bitcoin ATMs for their role in scams. Elderly individuals often fall victim to schemes demanding cryptocurrency payments. Tennessee’s cryptocurrency ban sets a new precedent for state-level action. Key Provisions of the New Tennessee Crypto Law The legislation, signed by Governor Bill Lee, includes several critical components. First, it bans the installation of new crypto kiosks . Second, it imposes criminal penalties on operators. Third, it provides a clear timeline for enforcement. Effective Date: July 1 of this year. Penalty: Class A misdemeanor, punishable by up to 11 months and 29 days in jail. Fine: Up to $2,500 per violation. Scope: Applies to all cryptocurrency kiosks, including Bitcoin ATMs . This Tennessee crypto law does not ban cryptocurrency ownership. It specifically targets the physical infrastructure of kiosks. Lawmakers argue these machines facilitate unregulated transactions. Why Tennessee Targeted Cryptocurrency Kiosks Lawmakers in Tennessee expressed concerns about consumer protection. Cryptocurrency kiosks often operate with minimal oversight. They charge high fees, sometimes exceeding 15% per transaction. This makes them a costly option for users. Furthermore, these machines have become a tool for scammers. Fraudsters instruct victims to deposit cash into a Bitcoin ATM . The victim then sends the cryptocurrency to the scammer. This process is nearly irreversible, leaving victims with no recourse. The cryptocurrency ban in Tennessee aims to close this vulnerability. By removing the kiosks, the state hopes to reduce scam incidents. Other states may follow Tennessee’s lead with similar crypto kiosk regulations . Impact on Operators and Businesses Operators of crypto kiosks now face significant legal risks. Any business that installs a kiosk after July 1 commits a crime. This includes convenience stores, gas stations, and other retail locations. Existing kiosks may need to be removed before the deadline. Operators must comply with the Tennessee cryptocurrency ban or face prosecution. The law creates a strong deterrent against non-compliance. Businesses should review their contracts with kiosk operators. They must ensure no new installations occur after the effective date. The penalties apply to both the operator and the property owner who allows the installation. Comparison with Other State Regulations Tennessee is not alone in targeting cryptocurrency kiosks . Several states have introduced or passed similar laws. However, Tennessee’s approach is among the strictest. State Action on Crypto Kiosks Effective Date Tennessee Complete ban on installation July 1 California Licensing requirements 2024 New York BitLicense for operators 2015 Texas Registration with state 2023 This cryptocurrency ban in Tennessee represents a hardline stance. Other states may adopt similar measures if scams persist. The trend toward stricter crypto kiosk regulations is clear. Timeline of Events Leading to the Ban The journey to the Tennessee crypto law began with public hearings. Lawmakers heard testimony from scam victims. They also reviewed data on kiosk-related fraud. 2023: Consumer complaints about Bitcoin ATMs rise sharply. 2024: Tennessee legislature introduces the bill. 2025: Governor Bill Lee signs the bill into law. July 1, 2025: Ban on installation of crypto kiosks takes effect. This timeline shows the rapid pace of regulation. The cryptocurrency ban moved from proposal to law in under two years. It reflects the urgency lawmakers feel to protect consumers. Expert Analysis on the Ban Legal experts have weighed in on the Tennessee cryptocurrency ban . Many argue it is a necessary consumer protection measure. Others worry it may stifle innovation. “The ban on crypto kiosks is a blunt instrument,” says a regulatory analyst. “It addresses immediate fraud risks but may limit legitimate access.” However, supporters counter that the risks outweigh the benefits. Consumer advocacy groups praise the law. They highlight the vulnerability of elderly and less tech-savvy users. The crypto kiosk regulation removes a common entry point for scams. Effects on Cryptocurrency Access in Tennessee The cryptocurrency ban will significantly alter how Tennesseans buy digital assets. Kiosks provided a cash-based entry point for many users. Without them, users must turn to online exchanges. Online exchanges require bank accounts or credit cards. This excludes unbanked individuals who rely on cash. The ban may inadvertently reduce overall cryptocurrency adoption in the state. However, proponents argue that safer alternatives exist. Regulated exchanges offer better consumer protections. The Tennessee crypto law pushes users toward these platforms. Future of Cryptocurrency Kiosk Regulations Tennessee’s action may spark a national trend. Other states are watching the outcome closely. If the ban reduces scams, more states may follow. Federal regulators have also shown interest in crypto kiosks . The Consumer Financial Protection Bureau (CFPB) has issued warnings. The Federal Trade Commission (FTC) has reported rising fraud numbers. The cryptocurrency ban in Tennessee could become a model. It offers a clear, enforceable solution to a growing problem. Operators must adapt or face legal consequences. Conclusion The Tennessee cryptocurrency ban on kiosks takes effect July 1. Governor Bill Lee signed the law, making installation a Class A misdemeanor. Operators face up to 11 months in prison and a $2,500 fine. This crypto kiosk regulation aims to protect consumers from scams. It represents a significant shift in state-level cryptocurrency policy. Other states may soon enact similar measures. Users and businesses must prepare for this new legal landscape. FAQs Q1: What does the Tennessee cryptocurrency ban on kiosks mean? The ban makes it a Class A misdemeanor to install cryptocurrency kiosks, including Bitcoin ATMs, starting July 1. Operators face jail time and fines. Q2: Does the ban affect existing crypto kiosks in Tennessee? The law targets new installations. Existing kiosks may need to be removed before July 1 to avoid penalties. Operators should consult legal counsel. Q3: What are the penalties for violating the Tennessee crypto law? Violators face up to 11 months and 29 days in prison and a fine of up to $2,500 per violation. Both operators and property owners can be held liable. Q4: Why did Tennessee ban cryptocurrency kiosks? The ban addresses consumer protection concerns. Crypto kiosks are frequently used in scams, especially targeting elderly individuals. The law aims to reduce fraud. Q5: Can I still buy cryptocurrency in Tennessee after the ban? Yes. The ban only affects physical kiosks. You can still buy cryptocurrency through online exchanges, peer-to-peer platforms, or regulated financial services. This post Tennessee Cryptocurrency Ban: Kiosks Outlawed Starting July 1, Operators Face Prison first appeared on BitcoinWorld .

27 Apr 2026, 21:10

Spark reported strong Q1 growth and gained momentum after Aave’s recent exploit crisis

Spark has announced that it closed the first quarter of 2026 in profit, reporting gross protocol returns of $31.5 million and a treasury of $46.1 million. The protocol shared the numbers from its Q1 2026 financial report , and so far, the second quarter has been going well for Spark after it emerged as the unlikely beneficiary of the worst crisis to hit its largest competitor in years. Aave, the dominant force in decentralized lending, suffered a severe blow on April 18 when attackers exploited a vulnerability in Kelp DAO’s LayerZero V2 cross-chain bridge. The attackers minted approximately 116,500 unbacked rsETH tokens worth around $293 million and used them as collateral to drain real wrapped Ether from Aave’s pools. The attack led to a loss that is estimated to be between $124 million and $230 million in bad debt and set off a flight of more than $15 billion in deposits from the protocol in the days that followed. So far, the DeFi ecosystem has rallied to Aave’s aid with a multi-party recovery initiative dubbed DeFi United. The initiative has since drawn contributions from across the ecosystem and raised over $304 million toward restoring rsETH’s backing. Aave has raised $304 million in ETH commitments toward its recovery. Source: DeFiUnited.eth How did Spark turn a rival’s crisis into a moment of validation? Spark made a governance decision on January 29 to halt all new rsETH supply, citing low and heavily concentrated utilization. This was about the same period that Aave launched its rsETH E-Mode with a loan-to-value ratio of 93%. Spark was criticized at that time for that decision, with users of ETH circular leverage strategies accusing the protocol of being overly conservative and abandoning growth. However, when Aave suffered an exploit three months later, Spark recorded zero direct losses. Its SparkLend TVL went up from $1.88 billion to over $3.4 billion as capital moved away from Aave to its platform from users seeking a safer harbor. Spark’s SPK token has gone up by 33% since April 18, trading around $0.036. The protocol announced on April 23 on X that its USDT Savings Vault had crossed $1 billion in total value locked (TVL) in just roughly seven months after launch. Can Aave engineer the kind of comeback that Bybit managed last year? The DeFi United initiative has drawn comparisons to Bybit’s recovery from a $1.4 billion theft by North Korea’s Lazarus Group in February 2025. Bybit restored its reserves within 72 hours through partner support and processed over 350,000 withdrawal requests in the first 12 hours. However, Aave’s situation is a bit different and more complex. DeFi United is not a bilateral backstop arrangement between a platform and its partners. It is a decentralized, multi-DAO coalition attempting to coordinate collateral restoration across multiple networks, pending governance votes and third-party technical actions by the likes of KelpDAO and the Arbitrum Security Council. Key commitments include 25,000 ETH from the Aave DAO, 30,000 ETH from Mantle, and 30,765 ETH released by the Arbitrum DAO. Stani Kulechov, Aave’s founder, personally pledged 5,000 ETH. The Solana Foundation’s president, Lily Liu, said her organization is lending USDT to Aave for the first time, citing cross-network DeFi stability as the motivation. Circle also announced that it was purchasing AAVE tokens, framing the investment as a backing of the ecosystem and the community built around it. Consensys and Ethereum co-founder Joseph Lubin joined DeFi United with up to 30,000 ETH in financial support. The smartest crypto minds already read our newsletter. Want in? Join them .

27 Apr 2026, 21:02

Analyst: XRP Will Rally Once Bitcoin Dominance Breaks Down from This Range

Crypto enthusiast Bird has outlined a clear market expectation in a recent tweet, stating that a breakdown in Bitcoin dominance could coincide with a strong rally for XRP. The post, accompanied by a chart tracking Bitcoin dominance on a daily timeframe, focuses on a consolidation range that has held for an extended period. Bird’s statement is direct: “When Bitcoin dominance breaks down from this range, XRP will rally.” The attached chart highlights multiple historical points where similar breakdowns in Bitcoin dominance aligned with upward movements in XRP . These instances are marked clearly, with annotations indicating prior XRP rallies following declines in Bitcoin’s share of the total crypto market capitalization. The chart shows Bitcoin dominance currently trading slightly above 60%, sitting within a defined horizontal range. Bird identifies this zone as critical, suggesting that a decisive move downward could trigger a shift in capital toward alternative digital assets, including XRP. When Bitcoin dominance breaks down from this range, XRP will rally. pic.twitter.com/FDVIKdNr7T — Bird (@Bird_XRPL) April 25, 2026 Historical Patterns Referenced in the Chart The visual analysis emphasizes repeated behavior. In earlier periods, Bitcoin dominance climbed to local highs before experiencing sharp pullbacks. Each of these pullbacks coincided with notable upward momentum in XRP, as labeled directly on the chart. One highlighted section shows a steep drop in dominance following a peak near the mid-60% range, which aligned with a previous XRP rally. Another segment reflects a similar pattern, reinforcing Bird’s argument that these movements are not isolated events but part of a broader cyclical behavior within the market. The current structure appears to mirror these past setups. Bird uses a rectangular box on the chart to outline the present consolidation zone, suggesting that the market is approaching a decision point. A projected downward arrow from this range indicates the expected direction of Bitcoin dominance, paired with a corresponding expectation of XRP price appreciation. Community Responses Reinforce Expectations The post also attracted responses from other market participants who share a similar outlook. A user identified as documenting XRP commented that a similar expectation existed in mid-2025 but did not fully materialize at the time. The user noted that the previous move was only a temporary dip and added that they now expect Bitcoin dominance to fall further. According to the comment, a move toward 40% dominance could serve as an initial target. The user also suggested that if XRP experiences significant momentum, dominance levels could decline into the low 30% range. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Another respondent, XRP Spalding, offered a brief but confident assessment, stating that such a development is “inevitable.” This reflects a broader sentiment among some XRP supporters that a shift in market dominance is overdue. Market Focus Remains on Dominance Trends Bird’s analysis places Bitcoin dominance at the center of current market expectations. The chart and accompanying statement suggest that traders should monitor this metric closely, as it may provide early signals for broader altcoin activity. While the timing of such a breakdown remains uncertain, the historical patterns presented in the chart form the basis of Bird’s outlook. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: XRP Will Rally Once Bitcoin Dominance Breaks Down from This Range appeared first on Times Tabloid .

27 Apr 2026, 21:02

ZetaChain Cross-Chain Contracts Exploited, Blockaid Warns

On April 27, Blockaid issued a warning of an ongoing exploit targeting ZetaChain’s GatewayEVM contract. They urged users to revoke approvals immediately using Revoke.cash, who have approved contracts on Ethereum, Arbitrum, Base, or other EVM chains. These exploits come amid a sharp decline in DeFi security in April 2026, which has seen over $606 million stolen in the first 18 days alone. Amid the series of hacks on the DeFi sector, there is a new major ongoing exploit taking place on ZetaChain. On April 27, Blockaid raised a warning about an “ongoing exploit” on ZetaChain cross-chain contracts. Blockaid is trusted by major platforms, including Coinbase and MetaMask, for real-time fraud detection. Blockaid Warns of Exploits in ZetaChain Cross-Chain Contracts The alert has urged users to immediately revoke any token approvals for the ZetaChain GatewayEVM contract on all EVM-compatible chains. ZetaChain is a decentralized EVM-compatible Layer-1 blockchain built for true cross-chain interoperability, including with non-smart contract chains like Bitcoin . The GatewayEVM contracts are responsible for handling cross-chain messaging and asset transfers between EVM chains and the network. The alert is suggesting that attackers may be exploiting approvals in these contracts to drain funds without needing a new transaction from users who previously interacted with ZetaChain aApps or bridges. As of now, no clear figure has emerged about how much funding was compromised in this attack. However, some community posts are suggesting that there is around $300,000 and shared suspected exploiter addresses. However, these reports are still unverified. ZetaChain officials have not issued any official public statements regarding this. Security experts are calling this pattern very common in recent incidents. Users must take immediate actions if they have ever approved the ZetaChain GatewayEVM contracts or any related contracts on Ethereum, Arbitrum, Base, or other EVM chains. They should revoke these approvals right away using a tool like Revoke.cash or their wallet approval manager. This will require small gas fees, but it will help them to avoid further drainage. DeFi Sector Shaken by Series of Cyberattacks DeFi sector’s security has crumbled in 2026, with cross-chain bridges and messaging protocols remaining major targets. According to DeFiLIama, approximately $606 million was stolen in the first 18 days of April. This makes it the worst month for crypto hacks since February 2025. This has made the 2026 year-to-date total above $770 million across dozens of incidents. Kelp DAO reported as the largest DeFi hack of the year so far. Attackers have drained approximately $292 million in rsETH, which is the Kelp Liquid restaking token. The attack has targeted the LayerZero-based cross-chain bridge, where attackers compromised a cross-chain message using a single verifier configuration weakness, tricking the bridge into releasing unbacked tokens from the Ethereum escrow. According to initial investigations, these cyberattacks are linked to North Korea’s Lazarus Group and its TraderTraitor subgroup. The fallout was massive. The exploit triggered a DeFi bank run with approximately $10 billion withdrawn from connected protocols, including heavy pressure on Aave . Kelp DAO hack created major bad debt across the ecosystem. However, later on, the Arbitrum Security Council managed to freeze approximately 30,766 ETH worth around $71 million from the attacker’s address. Earlier this month, Drift Protocol, a major Solana-based perpetuals decentralized exchange, lost around $285 million in a social engineering and malware attack. This incident shows that even audited protocols with multisig protections are vulnerable to such cyber attacks. Also Read: Pi Network Price Up 2% as Mining Lead and Upgrade Shape Bullish Setup

27 Apr 2026, 21:01

Bitmine raises ETH reserves to 5,078,000 with $241 million buy

🚀 Bitmine just snapped up 101,901 ETH, lifting its reserves to 5,078,000. $ETH now makes up 4.21% of all circulating supply in Bitmine’s wallet. Critical detail: MAVAN staking platform could drive $363 million annual income if all reserves are staked. Continue Reading: Bitmine raises ETH reserves to 5,078,000 with $241 million buy The post Bitmine raises ETH reserves to 5,078,000 with $241 million buy appeared first on COINTURK NEWS .