Tag: Crypto Company

BroadChain learned that at 06:16 on April 18, according to Bitcoinist, U.S. Senator Elizabeth Warren, a member of the Senate Banking Committee, sent a letter to Elon Musk expressing serious concerns about the X Money payment platform's planned launch in April, warning that it could threaten financial stability and national security. Warren pointed out that Cross River Bank, which X Money intends to partner with, faced severe enforcement action from the FDIC in 2023 for unsafe and unsound practices; its promotional materials indicate that deposit accounts could offer an annualized yield of up to 6%, but with the federal funds rate at 3.75%, the source of this yield is unclear, raising suspicions of high-risk investments. Warren also questioned X platform's past record, including

BroadChain learned that at 05:00 on April 18, according to NewsBTC, in the global market, Ethereum has become one of the most heavily shorted assets. This positioning not only reflects bearish market sentiment but also highlights a significant divergence between market expectations and its long-term fundamentals. Data shows that over the past 21 months, institutions have purchased approximately $21 million worth of ETH daily via ETF channels, accumulating around $11.8 billion; digital asset vaults like Bitmine and Sharplink, along with non-ETF channels, have added another $10-15 billion in holdings. Analysts point out that the global financial system is undergoing a structural shift, with banks and institutions accelerating on-chain integration and adopting DeFi infrastructure, while Ethereum, leveraging its

BroadChain learned that at 03:16 on April 18, according to Bitcoinist, the Ethereum Foundation announced the results of its ETH Rangers security program on April 16. The program, launched in late 2024 in collaboration with Secureum, The Red Guild, and the Security Alliance (SEAL), aims to strengthen the Ethereum ecosystem by funding public security projects. After six months, the program has recovered or frozen over $5.8 million in funds, reported over 785 vulnerabilities and proof-of-concept attacks, and identified approximately 100 state-sponsored North Korean agents who infiltrated about 53 Web3 projects using false identities.

BroadChain learned that at 02:30 on April 18, according to Bitcoinist, Frederik Gregaard, CEO of the Cardano Foundation, revealed in an interview published on April 16 that the Cardano blockchain has been deployed via agent AI to provide underlying support for approximately 200 large enterprises in Germany, although these companies may not be aware that their technology stack's underlying layer utilizes Cardano. Gregaard stated that when these enterprises use agent AI to integrate data from different databases, Cardano acts as a security layer, digital identity layer, and accountability layer, ensuring the authenticity of AI identities and data privacy. He emphasized that blockchain is

Castle Island partner Nic Carter pointed out that Bitcoin's migration to post-quantum cryptography faces three major paths: freezing vulnerable early coins, maintaining the status quo, or reclaiming them through legal processes. He believes that with the development of quantum computing, approximately 1.7 million early BTC may be at risk, and due to changes in market structure, the possibility of a freezing solution is increasing. Carter personally favors the solution of legally reclaiming the coins by a neutral institution.

BroadChain learned that at 22:16 on April 17, according to CryptoNews, two abnormal fluctuations recently occurred in the cryptocurrency market, raising questions about price manipulation. SIREN surged 32.97% within 24 hours to $0.927893, then consolidated around $0.62; RaveDAO (RAVE) achieved a 40x increase over five days, skyrocketing from $0.30 to $18. On-chain analyst Yu Jin pointed out that before the spot price pump, the RAVE team transferred 30.58 million RAVE (approximately $42 million) to Bitget, an action suspected to be aimed at trapping shorts before a short squeeze, ultimately triggering $37 million in liquidations.

BroadChain learned that at 22:00 on April 17, according to CryptoNews, on April 15, Solana's official X account posted only the word "XRP" and a 4-second animation. The price of Ripple XRP subsequently rose slightly by 3.4% to $1.45, but remained constrained by the recent supply zone around $1.40. The tweet garnered millions of views within hours, becoming the most watched event in the cryptocurrency market this week. The Solana account later replied mentioning "We signed 589 NDAs" and "It's time to flip the switch," both phrases hold specific meanings within XRP community culture: "589" is a long-standing price prediction meme, and "flip

BroadChain learned that at 22:00 on April 17, according to Bitcoinist, the sanctioned cryptocurrency exchange Grinex, which is linked to Russia and headquartered in Kyrgyzstan, has suspended operations after reporting a major cyberattack. The exchange claims hackers stole approximately 10 billion rubles (about $13 million worth of cryptocurrency) from its infrastructure, forcing it to halt trading and withdrawals. In an official statement, Grinex characterized the attack as having the hallmarks of "unfriendly countries" and "special services," framing it as an act of economic warfare rather than a simple security incident. Blockchain analysis firm investigations reveal that Grinex is an exchange launched in 2025, viewed as sanctioned by the US and EU.

BroadChain learned that on April 17 at 21:48, according to NewsBTC, Charles Schwab is aggressively entering the cryptocurrency space with fees lower than those of major competitors—and its massive customer base far exceeds that of most U.S. financial platforms. The Texas-based brokerage has begun offering spot BTC and ETH trading via its Schwab Crypto platform, operated by Charles Schwab Advanced Bank; however, access is not yet fully open. Rollout will be phased: starting with an internal employee pilot, followed by a customer waitlist, with broader availability expected by the end of Q2 2026. Customers in New York and Louisiana are currently excluded. Charles Schwab manages nearly $1.5 trillion in assets.

BroadChain learned that, at 21:48 on April 17, according to NewsBTC, cryptocurrency analyst Mattsby noted that for market participants seeking the clearest macro picture for XRP, examining the two-month chart overlaid with the 20-day Simple Moving Average (20SMA) is critical. Historical data shows that when XRP’s price trades above the 20SMA, it typically exhibits bullish momentum and upside potential; if it remains persistently below this level, it may enter a prolonged and painful consolidation phase. Mattsby stated that since November 2024, XRP has been trading around this key moving average, and its previous resistance level is now transforming into solid support—this is why he maintains his bullish stance.

BroadChain learned that, at 21:30 on April 17, according to TechFlow, Bitcoin rose approximately 6% this week, briefly hitting $76,300—the highest level in nearly two months—yet the Crypto Fear & Greed Index remains at 21 (Extreme Fear). Analysts from multiple institutions noted that this rally is 'liquidity-driven' rather than signaling a structural bullish shift. Glassnode analysis indicated that while spot demand and ETF inflows have improved, the recovery lacks depth; institutional participation remains cautious, and options markets still favor downside protection. Bitfinex attributed this rally primarily to concentrated buying by Strategy (which purchased 13,927 BTC last week), rather than organic demand.

BroadChain learned that, at 21:16 on April 17, according to WuShuo Blockchain, Deutsche Börse will invest $200 million in Payward—the parent company of cryptocurrency exchange Kraken—to acquire approximately 1.5% of fully diluted shares. The transaction is expected to close in Q2 2026, valuing Kraken at roughly $13.3 billion. Kraken’s co-CEOs confirmed the company has confidentially filed for a U.S. IPO. UK asset manager Legal & General Asset Management issued and distributed a £50 billion tokenized fund via Calastone’s tokenized distribution network.