Author: James Wilson
Shares of American Bitcoin, the Trump family-linked mining company, surged approximately 12% on April 22 after the firm announced it had completed the deployment of 11,298 new ASIC miners at its Drumheller, Alberta site, expanding its active fleet to roughly 89,242 machines. Summary American Bitcoin deployed 11,298 new ASIC miners at its Drumheller facility, adding 3.05 exahash per second of capacity and pushing total hashrate to 28.1 EH/s. The stock jumped approximately 12% to $1.38 on the news, extending a broader recovery as Bitcoin prices climbed. The expansion reinforces American Bitcoin’s decision to double down on Bitcoin mining while many…
US Labor Secretary Lori Chavez-DeRemer has resigned from the Trump administration amid an active inspector general investigation into misconduct allegations, making her the third cabinet member to depart during the president’s second term. Summary Labor Secretary Lori Chavez-DeRemer resigned on April 21 amid an inspector general investigation into alleged travel fraud, an inappropriate relationship with a security staffer, and other misconduct. Deputy Labor Secretary Keith Sonderling has been named acting secretary while Trump’s team determines a permanent replacement. Her departure is the third cabinet exit of Trump’s second term, following former Homeland Secretary Kristi Noem and former Attorney General Pam…
Crypto protocols have lost more than $606 million to hacks and exploits in just the first 18 days of April 2026, making it the single worst month for theft in the industry since the $1.4 billion Bybit breach in February 2025, according to data from DefiLlama. Summary Over $606 million was stolen from crypto protocols across 12 incidents in the first 18 days of April 2026, according to DefiLlama data. Two attacks, the $285 million Drift Protocol exploit and the $292 million KelpDAO breach, account for approximately 95% of April’s losses. April’s total is already 3.7 times larger than the…
Bitcoin climbed above $78,000 on April 22, reaching its highest price in 11 weeks, as a wave of short liquidations and improved macro sentiment following Trump’s ceasefire extension combined to push the asset to a key technical level that had resisted multiple breakout attempts. Summary Bitcoin broke above $78,000 on April 22 for the first time in 11 weeks, with CoinGlass data showing approximately $180 million in short liquidations clustered above the level. The move coincided with improved risk sentiment after Trump extended the Iran ceasefire, alongside a broader altcoin rally led by higher-beta assets. Analysts warn the move is…
North Korea’s Lazarus Group has launched a new macOS malware campaign called Mach-O Man that uses fake online meeting invitations to trick crypto and fintech executives into executing malicious commands on their own devices, according to blockchain security firm CertiK. Summary Lazarus Group’s new Mach-O Man campaign uses fake meeting invites to lure executives into pasting malicious terminal commands on their Macs. The malware auto-deletes after execution, making the breach nearly impossible to detect through standard forensic methods. CertiK links the same Lazarus push to over $500 million stolen from DeFi platforms Drift and KelpDAO in the past two weeks.…
American Bitcoin, co‑founded by Eric and Donald Trump Jr., has energized 11,298 new ASICs, lifting owned hash rate to 28.1 EH/s as it doubles down on low‑cost BTC accumulation. Summary American Bitcoin, the Trump family–backed miner, has energized 11,298 new ASIC machines, lifting its owned hash rate to about 28.1 EH/s. The expansion increases total fleet size to roughly 89,242 miners and represents a 12% boost in capacity, adding about 3.05 EH/s at 13.5 J/TH. Around 58,999 miners are currently online, delivering roughly 25.0 EH/s at 14.1 J/TH, as the company doubles down on a strategy of accumulating BTC at…
CFTC‑regulated prediction market Kalshi is wiring Pyth’s oracle and Pyth Pro feeds into its new commodities hub, using first‑party prices to settle gold, oil, gas, and grain event contracts. Summary CFTC‑regulated prediction market Kalshi has selected Pyth as the contract settlement data source for its new commodities center. The integration covers gold, silver, Brent crude, natural gas, copper, corn, soybeans, and wheat, with Pyth Pro feeding direct market data to Kalshi’s market makers. Pyth and Kalshi frame the move as laying infrastructure for event contracts across commodities today, and indices, stocks, and FX next. Pyth Network is extending its oracle…
RaveDAO (RAVE) is up about 106% on $418m volume after a 95% crash that erased nearly $6b, as ZachXBT alleges insiders ran a pump‑and‑dump and OKX funds the probe. Summary RaveDAO (RAVE) is trading around $1.27, up roughly 106% in 24 hours with about $418 million in volume, a parabolic move driven almost entirely by narrative and flow. Structurally, today’s candle looks like a late‑stage momentum blow‑off: vertical price, volume exceeding or matching market cap, and likely extreme intraday overbought readings. The spike comes just days after a 95% crash from roughly $26 to near $1 that prompted OKX to…
Crypto Rover says wallets with a “100% win rate” keep trading BTC, ETH and $TRUMP around President Trump’s speeches, reviving long‑running “Trump insider” whale fears. Summary Crypto Rover claims on-chain data shows wallets and whales repeatedly trading ahead of Donald Trump’s speeches. The post frames the pattern as potential insider trading, despite prior White House denials. Existing media reports already flag a “Trump insider” whale with a perfect record around presidential events. Crypto commentator Crypto Rover has escalated accusations of political insider trading, posting what he calls “MASSIVE NEWS” about wallets that appear to move consistently ahead of President Donald…
Solana price has rebounded by 6% since its Monday drop as investor confidence returns to the market. It is in the process of forming a double bottom pattern, which could position it for a significant trend reversal in the coming sessions. Summary Solana rose to $88.5 as market sentiment improved, supported by easing geopolitical tensions and rising trading volume. The token is forming a double bottom pattern, with a breakout above $97.8 potentially targeting $118. Liquidation data shows $20.5 million in short positions near $91, raising the likelihood of a short squeeze on further upside. According to data from crypto.news,…