Circle's new cirBTC wrapped Bitcoin bridges Bitcoin security with Ethereum's DeFi ecosystem for institutions.
Bitcoin News

Circle’s Bold Move: cirBTC Wrapped Bitcoin Targets Institutional DeFi, Challenging Coinbase and BitGo

In a significant expansion beyond stablecoins, Circle Internet Financial announced on April 2, 2026, the launch of its own wrapped Bitcoin token, cirBTC. This move directly challenges established players like BitGo and Coinbase in a market that has become vital for institutional crypto activity. The new asset is designed to let financial firms use Bitcoin […]

Illustration of a digital vault security breach representing DeFi hacks and crypto theft.
Bitcoin News

DeFi Hacks Plunder $169 Million in Q1 2026, Yet Show Stark Decline from Prior Year

Hackers stole $168.6 million from decentralized finance protocols in the first three months of 2026. Data from analytics firm DefiLlama shows 34 separate attacks, with private key compromises causing the most significant losses. This figure, while substantial, represents a dramatic 89% decrease from the same period in 2025. Quarterly Theft Drops Sharply from 2025 Peak […]

Courtroom scene representing the US crypto wash trading case with extradited executives.
Bitcoin News

Crypto Wash Trading Crackdown: Three Executives Extradited, Ten Charged in Major US Case

WASHINGTON, D.C. — Federal prosecutors unsealed a sweeping indictment on April 2, 2026, charging ten individuals in a coordinated cryptocurrency market manipulation scheme. The case, which involves the extradition of three executives from overseas, marks a significant escalation in the U.S. government’s fight against what officials describe as “market-manipulation-as-a-service.” According to court documents, the alleged […]