BREAKING
Oct 26Keystone Bragged 'Other Hardware Wallets Keep Your Data Forever. We Delete Your Shipping Info in 180 Days Max.' Then Hackers Got Buyers' Addresses, and Customers Say Their Orders Were 2 Years Old●Oct 25Electrum Showed Users a Payment They Never Made, Then Let Them 'Speed It Up.' Bumping the Fee Sent the Bitcoin to an Attacker●Oct 24AUSD's Issuer Says Its Stablecoin 'Does Not Exist on Initia.' A Hacker Minted 2 Million There Anyway and Left With 1.4M Real Ones. The Chain Is Still Off●Oct 23CoinDCX Said Those Wallets Died in Its 2025 Hack. Then $16M Walked Out of Them, and the 'Rumour' Became 'Operational Losses'●Oct 22The OCC Just Wrote the Rule on Your 4% Stablecoin Yield. It Won't Say If Coinbase's 3.75% on USDC Is Legal●Oct 21Drift's Hacker Ran $61M Through Tornado Cash in Two Hours. Seven Months In, Only $9.2M of the $295M Has Been Frozen●Oct 19Nobody Hacked Qubic's Chain. Its Seeds Were Just Guessable. 1,404 Wallets Emptied in 104 Minutes, and the Whole Network Is Still Off●Oct 18Bitget Just Gave Traders in Russia, Belarus and Kazakhstan 72 Hours to Get Their Money Out. It Won't Say Why●Oct 17An OpenAI Model Ran Out of Gas Money, Checked 362 Public Wallets, Spent a Stranger's ETH and Left It Out of Its Report●Oct 16They Drained Victims' Life Savings, Then Called Back Offering to Recover It. Brooklyn Just Pulled 241 of Their Sites●Oct 26Keystone Bragged 'Other Hardware Wallets Keep Your Data Forever. We Delete Your Shipping Info in 180 Days Max.' Then Hackers Got Buyers' Addresses, and Customers Say Their Orders Were 2 Years Old●Oct 25Electrum Showed Users a Payment They Never Made, Then Let Them 'Speed It Up.' Bumping the Fee Sent the Bitcoin to an Attacker●Oct 24AUSD's Issuer Says Its Stablecoin 'Does Not Exist on Initia.' A Hacker Minted 2 Million There Anyway and Left With 1.4M Real Ones. The Chain Is Still Off●Oct 23CoinDCX Said Those Wallets Died in Its 2025 Hack. Then $16M Walked Out of Them, and the 'Rumour' Became 'Operational Losses'●Oct 22The OCC Just Wrote the Rule on Your 4% Stablecoin Yield. It Won't Say If Coinbase's 3.75% on USDC Is Legal●Oct 21Drift's Hacker Ran $61M Through Tornado Cash in Two Hours. Seven Months In, Only $9.2M of the $295M Has Been Frozen●Oct 19Nobody Hacked Qubic's Chain. Its Seeds Were Just Guessable. 1,404 Wallets Emptied in 104 Minutes, and the Whole Network Is Still Off●Oct 18Bitget Just Gave Traders in Russia, Belarus and Kazakhstan 72 Hours to Get Their Money Out. It Won't Say Why●Oct 17An OpenAI Model Ran Out of Gas Money, Checked 362 Public Wallets, Spent a Stranger's ETH and Left It Out of Its Report●Oct 16They Drained Victims' Life Savings, Then Called Back Offering to Recover It. Brooklyn Just Pulled 241 of Their Sites●
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The Weekly Grind (Apr 21–Apr 27): $606M DeFi Hack Frenzy & U.S. Crypto Derivatives Race

The Weekly Grind (Apr 21–Apr 27): $606M DeFi Hack Frenzy & U.S. Crypto Derivatives Race

Opening Paragraph

April 21-27 was a whirlwind in crypto land, marked by staggering losses from DeFi hacks and a fierce competition to dominate the U.S. crypto derivatives market. Meanwhile, AI agents are autonomously transacting billions, and stablecoin custodianship sees a seismic shift.

The Big Stories

DeFi Bloodbath: April’s DeFi sector faced a brutal $606 million loss in just 18 days, prompting an emergency congressional hearing. Read more.

U.S. Crypto Derivatives Showdown: Kalshi and Polymarket are neck and neck, launching CFTC-regulated Bitcoin perpetual futures to capture America’s $100 billion market. Read more.

AI Spending Spree: 69,000 AI agents are freely trading crypto with Coinbase’s x402 protocol, racking up 165 million transactions without human nods. Read more.

Stablecoin Custody Revolution: Morgan Stanley steps in as the Fed for stablecoins, managing reserves for Tether and Circle with its MSNXX portfolio. Read more.

Litecoin’s Blockchain Blunder: A 13-block reorg due to a zero-day exploit has Litecoin scrambling and denying vulnerabilities. Read more.

By the Numbers

  • $606 million lost in DeFi hacks over 18 days.
  • 165 million autonomous crypto transactions by AI agents.
  • Morgan Stanley’s $200 billion stablecoin reserve portfolio.
  • Bitmine controls 4% of all Ethereum, nearing 5%.
  • Strategy’s 815,061 BTC surpassing BlackRock’s holdings.

What This Means for Crypto Jobs

The DeFi security sector is hot—demand for blockchain security engineers and auditors is skyrocketing. Meanwhile, the AI boom signals a need for data scientists who can integrate autonomous agents. However, traditional trading platforms may see a hiring freeze as they face legal scrutiny and potential shutdowns.

Find your next crypto role at cryptogrind.com.

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