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Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds

Tether injects $127.5m into Solana-based Drift protocol amid backlash against Circle's inaction on frozen hacked funds. The funding cements Tether's influence in DeFi liquidity provision, highlighting stablecoin issuers' divergent stances on censorship resistance versus centralized control in crypto ecosystems.

Fortune | Apr 18

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Flow Capital to tokenise $150m private credit fund on blockchain platform

Flow Capital tokenizes $150m private credit fund on Singapore blockchain, pioneering Asian asset managers' entry into on-chain illiquid assets. This fuses traditional private credit with DeFi rails, accelerating capital flows beyond bank intermediaries while exposing opaque debt markets to blockchain transparency and volatility risks.

Private Equity Wire | Apr 18

CRYPTO FINANCE

The 24/7 Market Revolution: How Crypto Funds Are Redefining Equity and Commodity Trading:

Crypto-native hedge funds expand into equities and commodities, imposing 24/7 trading on legacy markets via blockchain liquidity. Dismantles time-zone barriers of traditional exchanges, amplifying volatility and enabling non-stop algorithmic predation. Power shifts to funds mastering perpetual volatility, eroding retail safeguards and national trading hours as capital becomes truly borderless and sleepless.

Hedgeco.net | Apr 17

CRYPTO FINANCE

As scammers use kiosks to strip NH residents of their savings, lawmakers tangle over safeguards

Crypto kiosks in convenience stores become vectors for scammers preying on urgency and confusion, draining retiree savings while state lawmakers deadlock on mandatory safeguards like PIN requirements. Regulatory paralysis exposes citizens to decentralized finance's underbelly, where physical access points amplify cybercrime's human vulnerabilities amid institutional inaction.

New Hampshire Bulletin | Apr 17

CRYPTO CYBERCRIME REGULATION

Flow Capital Puts $150 Million Private Credit Fund on Blockchain

Flow Capital tokenizes $150M private credit fund on Singapore blockchain, tapping stablecoin liquidity as first major Asian move. Accelerates convergence of TradFi debt markets and crypto rails, eroding centralized intermediaries while exposing illiquid credit to 24/7 volatility and smart contract risks. Stakes rise for retail access to shadow banking via decentralized ledgers, reshaping capital flows beyond regulatory borders.

Bloomberg | Apr 17

CRYPTO FINANCE

Russia-linked crypto exchange involved in sanctions evasion suspends operations after hack

Russia-tied Grinex crypto platform, used for sanctions circumvention, halts operations post-major hack attributed to foreign intelligence, underscoring crypto's fragility in statecraft. The breach disrupts evasion networks, heightens risks for actors relying on decentralized finance to bypass controls, and signals escalating cyberwar targeting illicit financial pipelines between nations.

Meduza | Apr 16

CRYPTO CYBERCRIME CYBERWAR

Crypto-native hedge funds expand into commodities and equities on 24/7 trading venues

Crypto hedge funds born in blockchain volatility now deploy strategies across crude oil, copper, and equity indices via nonstop trading platforms, blurring lines between digital tokens and real-world assets. This expansion entrenches algorithmic capital's grip on global markets, accelerating 24/7 surveillance trading that sidelines human operators and amplifies systemic flash-crash risks.

Hedgeweek | Apr 16

CRYPTO FINANCE

Hacked Crypto Platform to Relaunch After Securing New Funding

Drift Protocol, hit by a $285M DeFi exploit earlier this month, secures $150M from Tether-led consortium to relaunch—exposing how centralized stablecoin giants now bankroll recovery in supposedly decentralized finance. This fusion of venture capital and crypto infrastructure accelerates platform consolidation, sidelining retail users while amplifying risks of single-point failures in algorithmic money systems.

Bloomberg | Apr 16

CRYPTO CYBERCRIME FINANCE

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Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds

Flow Capital to tokenise $150m private credit fund on blockchain platform

The 24/7 Market Revolution: How Crypto Funds Are Redefining Equity and Commodity Trading:

As scammers use kiosks to strip NH residents of their savings, lawmakers tangle over safeguards

Flow Capital Puts $150 Million Private Credit Fund on Blockchain

Russia-linked crypto exchange involved in sanctions evasion suspends operations after hack

Crypto-native hedge funds expand into commodities and equities on 24/7 trading venues

Hacked Crypto Platform to Relaunch After Securing New Funding

Crypto — Capital Markets — Cyberpunk.gg

Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds

Flow Capital to tokenise $150m private credit fund on blockchain platform

The 24/7 Market Revolution: How Crypto Funds Are Redefining Equity and Commodity Trading:

As scammers use kiosks to strip NH residents of their savings, lawmakers tangle over safeguards

Flow Capital Puts $150 Million Private Credit Fund on Blockchain

Russia-linked crypto exchange involved in sanctions evasion suspends operations after hack

Crypto-native hedge funds expand into commodities and equities on 24/7 trading venues

Hacked Crypto Platform to Relaunch After Securing New Funding