NEW: CITADEL SECURITIES-BACKED CRYPTO EXCHANGE EDX MARKETS APPLIES FOR US BANK CHARTER TO EXPAND CRYPTO CUSTODY AND TRADING SERVICES

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The stolen Drift assets have been exchanged by the attackers for 129,000 ETH, worth 278 million.

Quick overview of the $285 million Drift theft: Hackers stole private keys and drained liquidity in 10 seconds.

On-chain data shows that supply buildup and capitulation by long-term holders continue, with supply pressure of $80,000 to $126,000 being the biggest obstacle to price increases.

With bullish momentum waning and volatility weakening, Bitcoin is locked in a range of $60,000 to $70,000.

The platform that launched the meme coin on Solana, Bonk.fun, took advantage of April Fool's Day to post a joke-like "new feature," which quickly turned into a political jab when it hinted at blocking people who...