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Today
08:21

In the past 24 hours, the entire network liquidated a total of $195 million, with short positions accounting for nearly 80%.

Gate News message: On April 6, CoinAnk data shows that in the past 24 hours, liquidations across the entire network totaled $195 million, including long liquidations of about $41.33 million and short liquidations of about $153 million. Shorts accounted for 78.5%. By coin type, Bitcoin liquidations were about $83.85 million and Ethereum liquidations were about $44.48 million.
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BTC3,64%
ETH4,17%
10:42

The People’s Bank of China adds 12 digital yuan business operating institutions

Gate News message: On April 2, the People’s Bank of China added CITIC Bank, China Everbright Bank, Huaxia Bank, China Minsheng Bank, Guangfa Bank, Pudong Development Bank, Zheshang Bank, Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, and Suzhou Bank as bank-type digital RMB business operating institutions, and they have been connected to the People’s Bank of China’s digital RMB system. After the newly added institutions complete business and technical preparations, they will carry out digital RMB business.
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10:42

Today’s Cryptocurrency News (April 2) | Drift Protocol Suffered an Attack Loss of About $280 Million; Key Figure in the Huione Case Arrested

This article summarizes cryptocurrency news for April 2, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin price action, real-time cryptocurrency prices, and price predictions, among others. Major events in the Web3 space today include: 1、Drift Protocol suffers a new type of attack resulting in losses of about $280 million, with administrative privileges taken over; 2、Australia’s new crypto law takes effect! Mandatory licensing and oversight arrive, and trading platforms face life-or-death divergence; 3、Key figures in a Huione money-laundering network have been arrested, with funds involved exceeding $89 billion, dealing another major blow to crypto-related illicit businesses.
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05:02

Drift Protocol suffers losses of about $280 million from a new type of attack, and management control is taken over

Drift Protocol recently suffered a complex attack. Malicious actors used the durable nonce technology to obtain unauthorized administrative privileges, resulting in approximately $280 million in funds being withdrawn. The investigation found no program vulnerabilities; it may involve social engineering. Drift has frozen protocol functionality and updated the multisig to protect assets.
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15:31

In the past 24 hours, the entire network experienced liquidations totaling $306 million, with over 60% of the liquidations involving long positions.

Gate News, on March 31, within the past 24 hours, the total liquidation amount across the cryptocurrency market reached $306 million, including $188 million liquidated from long positions and $118 million liquidated from short positions. By coin type, BTC recorded a liquidation amount of $123 million, and ETH had $91.1157 million liquidated. In the past 24 hours, a total of 75,507 people were liquidated; the largest single liquidation occurred on a certain CEX for the ETH-USDT trading pair, valued at $11.7556 million.
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BTC3,64%
ETH4,17%
08:30

The police in Chenzhou, Hunan, have cracked a virtual currency investment fraud case and seized 310 grams of gold.

Gate News reports that on March 29, the police in Chenzhou, Hunan province, uncovered a new type of investment fraud case involving virtual currency called "two golds for cash." They intercepted 7 packages of gold related to the fraud and seized 310 grams of gold. The police investigation revealed that the criminals lured victims under the guise of investment and financial management, encouraging them to purchase gold offline and send it to designated addresses. The illicit funds were then repeatedly circulated through virtual currency exchanges and overseas account transfers. The involved gold is currently being gradually returned to the victims, and the case is still under further investigation.
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10:22

In the past 24 hours, the entire network experienced liquidations of $214 million, with long positions accounting for over 80%.

Gate News reports, on March 27, according to CoinAnk data, the total liquidation across the network in the past 24 hours was $214 million, with long positions liquidated at approximately $178 million and short positions liquidated at about $36.52 million. By cryptocurrency type, Bitcoin liquidations were approximately $81.21 million, Ethereum liquidations were about $38.67 million, and SOL liquidations were around $10.53 million.
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BTC3,64%
ETH4,17%
SOL2,71%
10:41

HTF Securities has been upgraded to a Type 1 license for virtual asset trading services by the Hong Kong SFC.

Alchemy Pay announces that its Hong Kong strategic investor HTF Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade to virtual asset trading services, covering both professional and retail investors. Meanwhile, Alchemy Chain stablecoin payment public chain launched its testnet in March, with over 150,000 test addresses.
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ACH2,84%
00:45

Besides Resolv being hacked, this type of DeFi vulnerability has occurred four times before.

On a quiet Sunday morning, someone turned $100,000 into $25 million in approximately 17 minutes. The target was the yield-bearing stablecoin protocol Resolv. Before Resolv paused its contracts, its dollar-pegged stablecoin USR had fallen to just a few cents. As of this writing, USR remains severely depegged, trading at around $0.25 and experiencing a decline of over 70% this week. The shockwaves extended far beyond Resolv.
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RESOLV2,85%
DEFI1,66%
FLUID11,95%
MORPHO11,09%