Jack Dorsey Hates Stablecoins. He Just Gave Them to 60 Million People Anyway.
Block's Cash App begins rolling out USDC payments to its nearly 60 million users — even as CEO Jack Dorsey publicly admits he doesn't want to do it.
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Italy's $1 Trillion Bank Doubled Its Crypto Bet to $235M — and Completely Dumped Solana
Intesa Sanpaolo, Italy's largest bank with ~$1 trillion in assets, more than doubled its crypto exposure from $100M to $235M in Q1 2026, added Ethereum and XRP for the first time, bought Bitcoin call options — and slashed its Solana position by 99%.
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South Korea's Biggest Credit Card Company Just Chose Solana to Power Payments for 28 Million Users
Shinhan Card — South Korea's largest card issuer with $145B in annual transaction volume — signed an MOU with the Solana Foundation to build a stablecoin payment stack. They already completed six proof-of-concept projects alongside Visa, Mastercard, and Fireblocks.
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Western Union, Founded in 1851, Just Killed SWIFT With a Solana Stablecoin
The 175-year-old money transfer giant confirmed its USDPT stablecoin launches on Solana in May — replacing SWIFT for global agent settlements. The first real-world partner went live this week.
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Pump.fun Just Lit $370 Million on Fire — and the Community Is Furious
Pump.fun burned 36% of PUMP's entire circulating supply overnight — $370M vaporized in two transactions. Then came the twist: those tokens were supposed to be airdrops. Now Solana's biggest meme coin launchpad is at war with its own community.
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North Korea Robbed Drift. Tether Wrote the Check — and Just Dethroned Circle on Solana.
Tether is bailing out Drift Protocol with $148M after North Korea's $285M heist — but the real play is quietly replacing Circle's USDC as Solana DeFi's settlement currency.
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North Korea Spent Six Months Pretending to Be a Trading Firm to Steal $270M From Drift
Drift Protocol confirmed today that the April 1 exploit wasn't opportunistic — DPRK-linked hackers spent six months attending crypto conferences, building real relationships, and depositing real money before draining $270M.
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Circle Watched $232M in Stolen USDC Bridge Out for 6 Hours — and Did Nothing
ZachXBT just published a damning thread showing Circle had the power to freeze $232M in stolen Drift Protocol funds — during business hours, over 6 hours — and chose not to. It's part of a pattern spanning $420M across 15 cases since 2022.
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Solana's Biggest Hack Since Wormhole: $270M Drained From Drift Protocol in Minutes
Drift Protocol, Solana's leading perpetuals DEX, was drained of up to $285M in a still-unconfirmed exploit on April 1 — and the attacker is still moving funds right now.