
Tether Launches $150M Recovery Program for Drift Protocol After Hack
Tether funds a $150M recovery program for Drift Protocol after a $280M hack, as Drift switches from USDC to USDT and Circle faces criticism.

Tether funds a $150M recovery program for Drift Protocol after a $280M hack, as Drift switches from USDC to USDT and Circle faces criticism.

Charles Schwab, the US brokerage with $12.22 trillion in client assets, rolls out direct spot Bitcoin and Ethereum trading for retail investors through Paxos.

South Korea will test tokenized deposits for government spending in Sejong City. Full rollout targets Q4 2026, with 25% of budget digital by 2030.

France recorded 41 crypto-related kidnappings in the first 3.5 months of 2026. Minister Berger at Paris Blockchain Week promised a serious new protection plan.

Legal & General has tokenized £50B in liquidity funds via Calastone on Ethereum. Authorized investors can now buy, hold and transfer fund shares on blockchain.

eToro agreed to acquire self-custodial wallet Zengo for about $70M. CEO Yoni Assia predicts Bitcoin will eventually reach $250,000 and beyond.

Pakistan's State Bank allowed banks to open accounts for licensed crypto firms under Virtual Assets Act 2026, ending an 8-year prohibition dating back to 2018.

Jameson Lopp proposed BIP-361 - a three-phase plan to freeze 1.7M BTC in quantum-vulnerable addresses. 34% of supply at risk, including Satoshi's coins.

Tether launched tether.wallet on April 14 - a self-custodial app for USDT, Bitcoin and gold-backed XAUT with email-style addresses and cloud key backup.