hodler

13 Apr 2026, 13:12

CoinDesk 20 performance update: index falls 2.9% as all constituents trade lower

Polkadot (DOT) declined 11.5% and Cardano (ADA) dropped 6.8%, leading the index lower over the weekend.

13 Apr 2026, 13:11

Steve Aoki Liquidates 4-Year SHIB Position on Gemini; XRP ETF Flows Decline 84% as Ethereum Interest Rises; Bitcoin Long-term Outlook by Expert Trader Remains B...

Steve Aoki exits SHIB after four years, XRP ETF flows drop 84% as Ethereum gains $196 million, and the expert trader eyes a BTC breakout despite PPI risks.

13 Apr 2026, 13:10

1 Billion DOT Tokens Minted On Ethereum In Shocking Exploit— Attacker Walks Away With Just $237K

While crypto breaches are fairly common, it’s unusual for attackers to gamble big and end up with such a small payoff—a scenario that played out on Sunday.

13 Apr 2026, 13:10

Circle USDC Faces Scathing Accusations: The Block Founder Claims Stablecoin Giant Evades Hack Responsibility

BitcoinWorld Circle USDC Faces Scathing Accusations: The Block Founder Claims Stablecoin Giant Evades Hack Responsibility In a dramatic escalation of the cryptocurrency security debate, The Block founder Mike Dudas has launched scathing accusations against Circle, claiming the stablecoin giant systematically evades responsibility in hacking incidents while ordinary users bear the devastating consequences of asset losses. Circle USDC Faces Mounting Criticism Over Security Practices Mike Dudas, founder of prominent cryptocurrency media outlet The Block, recently unleashed a pointed critique of Circle on social media platform X. Consequently, his comments have ignited a broader conversation about stablecoin security and corporate responsibility. Dudas specifically targeted Circle’s handling of security incidents, particularly those involving the company’s USD Coin (USDC). He argued that while hackers face minimal obstacles when swapping and laundering stolen funds, legitimate users encounter nearly insurmountable barriers when attempting to recover assets lost through mistakes or exploits. According to industry analysts, this criticism arrives during a particularly sensitive period for stablecoin regulation. Furthermore, the timing coincides with increased regulatory scrutiny of digital asset security practices globally. The United States Securities and Exchange Commission has recently intensified its focus on cryptocurrency custody and investor protection standards. Meanwhile, European regulators continue implementing the Markets in Crypto-Assets (MiCA) framework, which establishes specific requirements for stablecoin issuers. Stablecoin Security Crisis Deepens Across Industry The cryptocurrency industry has witnessed numerous high-profile security breaches throughout 2024 and early 2025. These incidents have collectively resulted in billions of dollars in losses. Security firm Chainalysis reports that cryptocurrency hacks and exploits totaled approximately $3.8 billion in 2024 alone. This represents a 15% increase compared to 2023 figures. Stablecoins, particularly those pegged to the U.S. dollar, have become frequent targets due to their liquidity and widespread adoption. Comparative Analysis of Major Stablecoin Security Incidents The table below illustrates recent security incidents involving major stablecoins: Stablecoin Issuer Incident Type Estimated Loss Recovery Rate USDC Circle Protocol Exploits $47M (2024) 12% USDT Tether Wallet Hacks $42M (2024) 8% DAI MakerDAO Smart Contract Bugs $19M (2024) 65% Dudas specifically highlighted the Drift protocol hack earlier this month as a case study. On-chain analysts confirmed that funds stolen during this exploit were reportedly swapped through Circle’s systems. This incident demonstrates the practical challenges facing cryptocurrency security professionals. Additionally, it reveals the complex relationship between decentralized protocols and centralized service providers. Regulatory Compliance Versus User Protection Dilemma Circle’s strategic positioning within the regulatory landscape has become a central point of contention. Dudas asserted that the company prioritizes regulatory compliance and legislative standing over decisive action in clear hacking cases. This approach, he claims, creates a system that inadvertently benefits malicious actors while harming ordinary users. The tension between regulatory requirements and user protection represents a fundamental challenge for cryptocurrency companies operating in multiple jurisdictions. Several key factors contribute to this complex situation: Legal Frameworks: Varying international regulations create conflicting requirements for asset freezing and recovery Jurisdictional Challenges: Hackers often operate across multiple legal jurisdictions simultaneously Technical Limitations: Blockchain’s immutable nature complicates asset recovery efforts Privacy Concerns: Balancing transaction transparency with user privacy presents ongoing challenges Financial technology experts note that Circle has pursued an aggressive regulatory strategy in recent years. The company obtained a conditional BitLicense from New York State regulators in 2023. Additionally, Circle secured electronic money institution authorization in the United Kingdom during 2024. These regulatory achievements position USDC as one of the most compliant stablecoins in the market. However, critics argue this compliance focus may come at the expense of user protection. Industry Experts Echo Security Concerns Dudas’s comments align with similar criticisms from respected on-chain analyst ZachXBT. The pseudonymous investigator has repeatedly raised concerns about cryptocurrency security practices. Following the Drift hack, ZachXBT documented the movement of stolen funds through various platforms. This analysis revealed potential vulnerabilities in current security protocols. The cryptocurrency community has increasingly demanded greater transparency from service providers regarding security incidents. Blockchain security firms have identified several emerging trends: Increasing sophistication of phishing attacks targeting cryptocurrency users Rising incidence of smart contract vulnerabilities in newer protocols Growing complexity of fund laundering techniques across multiple chains Expanding regulatory requirements creating compliance burdens Industry response to these security challenges has varied significantly. Some platforms have implemented enhanced security measures including multi-signature wallets and time-locked transactions. Others have developed insurance mechanisms to protect user funds. However, comprehensive solutions remain elusive due to the decentralized nature of many cryptocurrency systems. User Experience and Asset Recovery Realities Ordinary cryptocurrency users face significant challenges when attempting to recover lost assets. The recovery process typically involves multiple steps with varying success rates. First, users must identify the precise nature of the loss. Next, they must gather evidence including transaction hashes and wallet addresses. Then, they must contact relevant platforms and authorities. Finally, they must navigate complex legal and technical procedures. Several factors complicate asset recovery efforts: Limited legal precedents for cryptocurrency theft cases Technical complexity of blockchain forensic investigations Jurisdictional conflicts between different legal systems Resource constraints for individual users pursuing recovery Cryptocurrency education platforms have increasingly emphasized security best practices. These include using hardware wallets, enabling multi-factor authentication, and verifying transaction details carefully. However, even experienced users remain vulnerable to sophisticated attacks. The evolving threat landscape requires continuous adaptation from both users and service providers. Conclusion The accusations against Circle highlight fundamental tensions within the cryptocurrency ecosystem. Security, regulation, and user protection represent interconnected challenges requiring balanced solutions. As stablecoins continue gaining mainstream adoption, their security practices will face increasing scrutiny. The Circle USDC situation demonstrates the complex relationship between regulatory compliance and practical security measures. Ultimately, sustainable cryptocurrency growth depends on developing robust security frameworks that protect users while supporting innovation. The industry must address these challenges collaboratively to build trust and ensure long-term viability. FAQs Q1: What specific accusations has Mike Dudas made against Circle? Mike Dudas has accused Circle of evading responsibility in hacking incidents, failing to properly address security breaches, and creating a system that benefits hackers while harming ordinary users. He specifically criticized the company for allegedly shifting responsibility for freezing funds onto legal structures rather than taking decisive action. Q2: How does Circle’s regulatory strategy affect its security practices? According to critics, Circle’s focus on achieving regulatory compliance and securing legislative standing may influence its approach to security incidents. Some argue this prioritization could lead to delayed or insufficient responses to hacking cases as the company navigates complex legal requirements across multiple jurisdictions. Q3: What was the Drift protocol hack mentioned in the criticism? The Drift protocol hack occurred earlier this month and involved the exploitation of vulnerabilities in the decentralized trading platform. On-chain analysts confirmed that funds stolen during this incident were reportedly swapped through Circle’s systems, highlighting challenges in tracking and recovering stolen cryptocurrency assets. Q4: How do recovery rates compare between different stablecoins after security incidents? Available data suggests significant variation in recovery rates. For example, DAI reportedly achieved approximately 65% recovery following smart contract bugs in 2024, while USDC and USDT showed recovery rates of 12% and 8% respectively for similar periods. These differences reflect varying approaches to security and asset recovery. Q5: What security measures can cryptocurrency users implement to protect their assets? Users should employ multiple security layers including hardware wallets for significant holdings, multi-factor authentication on all accounts, careful verification of transaction details, regular software updates, and education about common attack vectors like phishing. Diversifying across different storage solutions can also reduce risk exposure. This post Circle USDC Faces Scathing Accusations: The Block Founder Claims Stablecoin Giant Evades Hack Responsibility first appeared on BitcoinWorld .

13 Apr 2026, 13:08

Will Solana drop below $80 as downward pressure builds?

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are all trading in the red as the broader crypto market feels the pressure of the US-Iran conflict. Bitcoin’s price has slipped below $71,000, while Ether and XRP are trading below $2,200 and $1.35, respectively. Solana’s SOL is also underperforming and could face further selling pressure in the near term. The coin is trading at $81 on Monday, after a 4% decline on Sunday, which aligned with the broader cryptocurrency market correction. At the moment, Solana remains on a downside trajectory after reversing from an overhead trendline, while institutional demand whipsaws and retail interest declines. Momentum indicators also suggest that sellers are in control, with a possible correction to the $77 support level on the cards. ETF outflows add selling pressure to Solana Solana has been underperforming since Tuesday after failing to overcome the $88 swing high level. It lost 4% of its value on Sunday and has continued its poor performance into Monday. Similar to other leading cryptocurrencies, SOL is facing mixed-to-slightly bearish reactions in the institutional and derivatives markets amid the US-Iran blockade of the Strait of Hormuz. Data obtained from CoinGlass revealed that the Solana Exchange Traded Funds (ETFs) recorded [MONEY value="11450000" currency="usd" notation="long" replace="false"] in inflows on Friday, limiting the weekly outflow to [MONEY value="5620000" currency="usd" notation="long" replace="false"]. Friday’s inflow suggests that institutions remain interested in Solana but also marks the third consecutive weekly outflow. Furthermore, the derivatives data indicate that Solana is currently underperforming, similar to other major coins. Solana’s futures Open Interest (OI) reads [MONEY value="4770000000" currency="usd" notation="long" replace="false"] on Monday, down from [MONEY value="4880000000" currency="usd" notation="long" replace="false"] the previous day, suggesting reduced risk appetite among traders. Technical outlook: Will the bulls hold the $80 support level? The SOL/USD 4-hour chart remains bearish and efficient as Solana has lost 5% of its value in the last 48 hours. Currently, SOL maintains a bearish near-term bias as its price is below the 50-day Exponential Moving Average (EMA) at $87.43, close to a downward resistance trendline. Meanwhile, the 100 and 200-day EMAs are at $99.19 and $118.32, respectively. This reinforces a broader limit to Solana’s recovery efforts. Momentum is mixed, with the Relative Strength Index (RSI) hovering at 48 and the Moving Average Convergence Divergence (MACD) line below zero. These indicators suggest that the downside pressure is softening but not yet reversing the overall capped structure. If the bears remain in control, SOL would drop below the $80 level and find support at the February 5 low at $77.60, which guards the downside toward the February 6 low at $67.50. On the flip side, a bullish recovery will put the immediate resistance at the 50-day EMA at $87.43, where sellers could look to fade rebounds. A daily candle close above the 50-day EMA could see SOL rally past the 100-day EMA at $99.19 and the 200-day EMA at $118.32 in the near to medium term. The post Will Solana drop below $80 as downward pressure builds? appeared first on Invezz

13 Apr 2026, 13:05

Time Traveler: NASA Did Not Go to the Moon, But XRP Is About to

The cryptocurrency market thrives on bold narratives, but only a few statements manage to cut through the noise and command widespread attention. As XRP continues to evolve within a rapidly shifting financial landscape, a new wave of commentary has reignited speculation about its next major move, drawing both intrigue and scrutiny from market participants. A pseudonymous X user known as Time Traveler recently stirred the conversation with a provocative remark that quickly gained traction across the XRP community. By signaling changes to his public profile and pairing that move with a dramatic analogy, he implied that XRP may be on the verge of a significant upward shift , reinforcing a growing sense of anticipation among supporters. Narrative Power and Market Psychology Time Traveler’s statement underscores the powerful role that narrative plays in crypto markets. While traditional financial assets rely heavily on earnings, macro data, and institutional flows, digital assets often respond to sentiment-driven momentum. His message, though symbolic, taps into a familiar pattern where influential voices shape expectations during key market phases. I've already started to make changes to my profile. You should consider what that means for XRP. NASA did not go to the moon, but XRP is about to. — 𝚃𝚒𝚖𝚎 𝚃𝚛𝚊𝚟𝚎𝚕𝚎𝚛 (@Traveler2236) April 12, 2026 This dynamic remains particularly strong within the XRP ecosystem, where community engagement consistently amplifies trending viewpoints. As a result, even abstract or metaphorical statements can influence short-term sentiment and trading behavior. Fundamentals Continue to Strengthen Despite the speculative tone of such commentary, XRP’s underlying fundamentals continue to develop in measurable ways. Ripple has expanded its enterprise-focused solutions, integrating XRP more deeply into cross-border payment systems and treasury management frameworks . These advancements enhance the asset’s practical utility and reinforce its positioning within institutional finance. At the same time, XRP benefits from increasing attention around blockchain-based liquidity solutions. Financial institutions continue to explore faster and more efficient settlement mechanisms, an area where XRP maintains a competitive edge due to its speed and cost efficiency. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Separating Signal From Noise Market participants now face the challenge of distinguishing between narrative-driven excitement and data-backed progress. While Time Traveler’s remarks generate buzz, they do not provide concrete indicators such as transaction growth, liquidity expansion, or new institutional partnerships. Experienced investors increasingly rely on these metrics to assess XRP’s trajectory. This shift reflects a broader maturation within the crypto market, where credibility depends on verifiable developments rather than speculative claims. A Market Waiting for Validation The XRP community stands at a critical juncture where optimism meets caution. Influencer narratives continue to energize discussions, but the market ultimately demands confirmation through performance and adoption. If XRP delivers on its expanding role in global finance, bullish sentiment may find solid footing. Until then, statements like Time Traveler’s will continue to circulate as expressions of belief, while investors watch closely for tangible evidence that supports the next phase of growth. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Time Traveler: NASA Did Not Go to the Moon, But XRP Is About to appeared first on Times Tabloid .