Loopscale, a Solana-based DeFi lending protocol, recently experienced a significant security breach, resulting in the loss of approximately $5.8 million in funds. This incident is notable as it accounts for
The post Pi Network: Why Dr Altcoin Strongly Believes in Its Future – Key Reason Behind It appeared first on Coinpedia Fintech News While many people are still trying to figure out the next big thing in crypto, well-known analyst Dr Altcoin has made it clear, he’s fully committed to the Pi Network . In a recent post, he shared why he is so passionate about the project, why he fully supports it, and why he remains committed to its future. And looking at the points he shared, it’s hard not to get excited too. Mobile Mining and Global Adoption One major reason Dr Altcoin supports Pi Network is its easy mining process. Users can mine Pi directly from their smartphones without using extra energy. Thanks to this innovation, Pi has grown to over 70 million users across more than 200 countries. Why I Am Very Passionate About the Pi Network Project, Why I Fully Support It, and Why I Am Committed to It ? Here are my main reasons: 1. Inclusivity, Accessibility, and Global Adoption: The ability to mine Pi on a mobile phone without consuming extra power has enabled the… pic.twitter.com/MCWPoHpADo — Dr Altcoin (@Dr_Picoin) April 26, 2025 It has helped millions of first-time users enter the crypto world, pushing mass adoption to a new level. A Strong and Eco-Friendly Blockchain Dr Altcoin also praised Pi’s eco-friendly blockchain, which uses the Stellar Consensus Protocol. It can handle about 200 transactions per second while using very little energy compared to Bitcoin. Plus, every user and business is fully verified through KYC and KYB checks, creating a safer space for transactions. Low Energy Usage Energy consumption is a big problem in crypto, but Pi Network shines here. Bitcoin mining uses as much electricity as an entire country. In comparison, Pi’s 200,000 active nodes use far less power, making it a greener and more sustainable option. Fast Transactions and High Security The Pi blockchain allows for fast transactions with very low gas fees. Plus, the Pi Wallet is protected by a 24-word passphrase, making it almost impossible to hack. Every user holds their non-custodial wallet, which adds another strong layer of security. Growing Pi Ecosystem With over 100 decentralized apps (DApps) already using Pi for transactions, the dream of a real, peer-to-peer digital currency is coming to life. With Pi currently trading at a very low price, he believes it’s the perfect time for long-term investors to accumulate. Big upcoming events, like the Consensus 2025 Summit, could bring even more attention to the project. Golden Opportunity for Investors Currently, Pi Coin is sitting at its lowest price ever, and Dr Altcoin sees this as a golden opportunity for investors to stock up. As of now, Pi is trading around $0.645, staying firm above a rising support line that has been holding strong since early April. If buyers step in with more energy, Pi could soon break past $0.825, and possibly even reach as high as $1.30.
Bitcoin has recently surpassed silver to become the seventh largest asset globally by market capitalization, trading above $94,000 amid increased institutional inflows. Its market dominance has surged to 63% of the total cryptocurrency market capitalization, reaching the highest level since early 2021. This rise in Bitcoin dominance also marks a four-year high, signaling renewed liquidity and growing investor interest in the cryptocurrency market after a period of sideways movement. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
El Salvador has engaged in discussions with the U.S. Securities and Exchange Commission (SEC) to establish a cross-border cryptocurrency sandbox, according to Juan Carlos Reyes, President of the National Commission of Digital Assets (CNAD). The country has been recognized for its substantial Bitcoin holdings and has reportedly made over $150 million in profits from its Bitcoin investments. However, the International Monetary Fund (IMF) confirmed that El Salvador has committed to halting Bitcoin accumulation using public funds by its fiscal sector. This marks a shift in the country's cryptocurrency strategy as part of broader financial reforms. The IMF's announcement indicates that El Salvador will stop using public funds to purchase Bitcoin, signaling a change in its approach to digital asset management. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
More on Crypto Bitcoin Dominance Continues Decimating Altcoins Search For A Safe Haven - Consider Bitcoin Bitcoin: Navigating Markets With An Eye On Risk Nikkei gains while China & Hong Kong turn red amid trade policy uncertainties, U.S. futures lower Bitcoin retakes $90K mark, spurring surge in crypto stocks
Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC ( USDC ) and 1200 Solana ( SOL ) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post. The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added. Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post. “Our team is fully mobilized to investigate, recover funds, and ensure users are protected,” Gooneratne said. Loopscale’s ‘Genesis’ lending vaults. Source: Loopscale In the first quarter of 2025, hackers stole more than $1.6 billion worth of crypto from exchanges and on-chain smart contracts, blockchain security firm PeckShield said in an April report. More than 90% of those losses are attributable to a $1.5 billion attack on ByBit , a centralized cryptocurrency exchange, by North Korean hacking outfit Lazarus Group. Related: Crypto hacks top $1.6B in Q1 2025 — PeckShield Unique DeFi lending model Launched on April 10 after a six-month closed beta, Loopscale is a DeFi lending protocol designed to enhance capital efficiency by directly matching lenders and borrowers. It also supports specialized lending markets, such as “structured credit, receivables financing, and undercollateralized lending,” Loopscale said in an April announcement shared with Cointelegraph. Loopscale’s order book model distinguishes it from DeFi lending peers such as Aave that aggregate cryptocurrency deposits into liquidity pools. Loopscale’s daily active users. Source: Mary Gooneratne Loopscale’s main USDC and SOL vaults yield APRs exceeding 5% and 10%, respectively. It also supports lending markets for tokens such as JitoSOL and BONK ( BONK ) and looping strategies for upwards of 40 different token pairs. The DeFi protocol has approximately $40 million in TVL and has attracted upwards of 7,000 lenders, according to researcher OurNetwork. Magazine: Ripple says SEC lawsuit ‘over,’ Trump at DAS, and more: Hodler’s Digest, March 16 – 22
In a market dominated by established names like Bitcoin (BTC) and Solana (SOL) , new contenders rarely break through with enough strength to turn heads—unless the setup is undeniable. That’s exactly what’s happening with MAGACOINFINANCE . It’s exclusive, still early, and already trending inside key trading circles. For investors who understand how major cycles begin, MAGACOINFINANCE is showing all the right signals. Why investor focus is shifting fast The bonus is still open: A final pre-listing opportunity exists for those ready to move early. Listings are approaching: When public visibility arrives, entry pricing will shift dramatically. Attention is accelerating: Expert groups and private investors are already locking in while supply remains controlled. The window is closing: This is not a project waiting for hype—it’s building real demand ahead of schedule. MAGACOINFINANCE is building long-term credibility What makes MAGACOINFINANCE different is how it’s growing—structured, intentional, and with a clear identity. It’s not racing toward exposure; it’s rewarding those who act with precision. Based on its early movement and strong structural design, traders are now projecting 40x potential —a level of upside that’s rare in today’s maturing market. How MAGACOINFINANCE compares to ADA, SEI, DOT, and BTC Cardano (ADA) and Polkadot (DOT) are solid frameworks. SEI brings speed and new architecture. Bitcoin (BTC) leads with legacy value. But none offer the early-stage edge still present in MAGACOINFINANCE. Its strength lies in exclusivity, precision, and the fact that its true momentum is just beginning. Final thoughts on MAGACOINFINANCE Crypto success is about timing and access. Bitcoin , Solana , and even Ethereum all delivered outsized results to those who moved before exposure. MAGACOINFINANCE is now at that same intersection—quiet, powerful, and built for those paying attention. The move is now. The door is still open. Join the Presale Now at MAGACOINFINANCE.COM SMART INVESTORS ARE ALREADY IN — ARE YOU? For more information, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: MAGACOINFINANCE.COM Could Be the Game-Changer—Why BITCOIN and SOLANA Holders Are Watching!
The tokenized Treasury bond market is largely dominated by six major funds. BlackRock's BUIDL fund significantly outpaces its competitors with remarkable growth. Continue Reading: BlackRock Dominates Tokenized Treasury Market with Unprecedented Growth The post BlackRock Dominates Tokenized Treasury Market with Unprecedented Growth appeared first on COINTURK NEWS .
The US medical tech firm Semler Scientific is accumulating another round of Bitcoin ( BTC ) worth tens of millions of dollars, bringing its total to just over 3,300 BTC. In a new thread on the social media platform X, Eric Semler, founder and chairman of the board of directors, says that Semler Scientific has acquired 111 more BTC worth $10 million, adding that the company “is just getting started.” In a recent press release , Semler Scientific, which adopted the top crypto asset by market cap as its primary reserve asset in May 2024, discloses that its average cost of its BTC trove is just under $88,000 per token. “Semler Scientific acquired 111 Bitcoin for $10.0 million with an average purchase price of $90,124 per Bitcoin… As of April 24, 2025, Semler Scientific held 3,303 Bitcoin, which were acquired for an aggregate $290.4 million at an average purchase price of $87,929 per Bitcoin.” According to the firm’s data, it has generated a BTC yield – or the metric used by the firm to keep track of the success of its Bitcoin buying strategy – of 23.5% year-to-date. In December, the California-based company purchased 303 Bitcoin, at the time bringing its stash to 1,873 BTC purchased for $147.1 million at $78,553 per token. Data from Bitcoin Treasuries indicates that Semler Scientific is now the 14th-ranked company in terms of BTC holdings. The flagship digital asset is trading for $95,068 at time of writing, a 1.8% increase during the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Medical Tech Firm Semler Scientific Accumulates Another $10,000,000 Worth of Bitcoin, Now Holds 3,303 BTC appeared first on The Daily Hodl .
World Liberty Financial (WLF), the decentralized finance (DeFi) platform owned by President Donald Trump, signed a Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) in Islamabad on Saturday to push blockchain innovation, stablecoin adoption, and DeFi across Pakistan. This meeting locked in one of the biggest collaborations between a US-based crypto organization and Pakistan’s rising blockchain sector, as Trump’s influence continues moving through global crypto markets. The WLF delegation included Zachary Folkman, Zachary Witkoff, who is the son of Steve Witkoff, US Special Envoy to the Middle East, and Chase Herro. They sat down face-to-face with Pakistan’s Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defense. Every meeting was reportedly focused on drawing a straight path to full crypto integration into Pakistan’s systems. WLF and Pakistan hammer out plans for blockchain and stablecoins The official signing of the LOI happened with Pakistan’s Finance Minister Muhammad Aurangzeb, the Pakistan Crypto Council CEO Bilal Bin Saqib, the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretary for IT all present. The document lays out exactly what the two sides agreed to work on together. The plan includes creating regulatory sandboxes to test blockchain financial products without putting the whole system at risk. Pakistan and WLF also agreed to help DeFi protocols grow responsibly inside the country. Another part of the agreement focuses on the tokenization of real-world assets like real estate and commodities. On top of that, they want to expand the use of stablecoins for remittances and trade, which already make up a big part of Pakistan’s economy. WLF also agreed to provide advice on blockchain infrastructure and keep Pakistan updated on how global regulations around crypto are changing. Pakistan’s numbers paint the picture of why this partnership is happening now. About 64% of Pakistan’s population is under 30 years old. The country already ranks high for global crypto adoption. There are an estimated 25 million crypto users inside Pakistan today, and the country pulls off around $300 billion in crypto transactions every year. Mobile usage keeps rising, freelancing is becoming a major income source, and there’s huge government interest in moving the economy toward blockchain technology. Muhammad Aurangzeb said, “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.” Bilal Bin Saqib called the collaboration a strategic move, saying, “Our collaboration with World Liberty Financial is more than just a partnership—it’s a strategic move to empower our young population and integrate Pakistan into the future of global finance.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot