The post Why is Toncoin Price Surging Today? appeared first on Coinpedia Fintech News

Toncoin has become the biggest crypto gainer of the day, surging more than 31% in just 24 hours and climbing to the 16th-largest cryptocurrency by market capitalization. While most of the crypto market remained relatively flat, TON exploded higher after a series of major announcements tied to Telegram and its growing blockchain ecosystem.

Here’s the key reason: Why is Toncoin price of Toncoin surging today?

Pavel Durov’s Announcement Spark TON Rally

The rally began after Toncoin CEO Pavel Durov announced on May 5 that Telegram had officially replaced the TON Foundation as the network’s largest validator.

Telegram becoming TON’s largest validator strengthens decentralization.

It lets other major players join the validator pool without centralizing the network — with Telegram as the counterbalance.

More and more TON gets locked in validation as everyone competes for 20%+ APR.

— Pavel Durov (@durov) May 5, 2026

The move allows other major validators to join the network while keeping Telegram as a balancing force, reducing concerns around centralization and execution risk.

This shift immediately strengthened the bullish narrative surrounding TON, especially because of Telegram’s massive global reach of more than 900 million users.

Staking Demand and 20% APR Fuel Buying Pressure

Another major catalyst behind TON’s surge is rising validator participation and staking demand.

As more users compete for staking rewards reportedly exceeding 20% APR, a growing amount of TON supply is becoming locked within the network. This reduces circulating supply while increasing demand pressure, a combination that often supports strong price rallies.

According to network data, TON processed nearly 67 million transactions in April 2026, marking its strongest monthly performance of the year so far. At the same time, the network’s staking ratio reportedly climbed another 18%.

Telegram’s “Make TON Great Again” (MTONGA) Roadmap

Market excitement increased further after Pavel Durov revealed additional upgrades under the second phase of his “Make TON Great Again” (MTONGA) roadmap.

The roadmap focuses on tighter Telegram integration, faster ecosystem development, and improving usability for developers and users.

One of the biggest announcements involved transaction fee reductions.

Durov stated that within a week, TON transaction fees would fall nearly six times to just 0.00039 TON, or roughly $0.0005 per transaction.

In one week, TON fees will drop 6× — to just 0.00039 TON (~$0.0005) per transaction, fixed regardless of network load.

Soon after most transactions go fully feeless. Zero commission. MTONGA!

— Pavel Durov (@durov) April 23, 2026

Toncoin Price Outlook

From a technical perspective, analysts believe TON could be approaching a major breakout zone.

The token has already recovered nearly 30% from its lower support trendline and is now testing key resistance levels between $2.80 and $3.00.

If TON successfully breaks above the descending channel resistance, analysts believe it could potentially trigger a larger rally toward the $6–$7 range.

However, risks remain elevated.

TON’s Relative Strength Index (RSI) has climbed above 93, signaling overbought conditions. 

The post 1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million  appeared first on Coinpedia Fintech News

Another major DeFi attack has shaken the crypto market. A liquidity provider tied to 1inch’s Trusted Volumes system has reportedly been exploited for nearly $5.87 million, with attackers draining millions in WETH, USDT, WBTC, and USDC. 

More concerningly, blockchain security firms warn that the exploit may still be ongoing, meaning additional losses could still occur.

So, how did the exploit happen?

How the Trusted Volumes Exploit Happened

Security researchers at Blockaid revealed that attackers exploited a vulnerability in the Trusted Volumes resolver contract. This vulnerability allowed them to execute malicious orders directly from users’ wallets.

The attack worked by abusing a public function in the contract. Using this function, the attacker was able to add themselves as an “Allowed Order Signer.” Once they gained this permission, they could use old wallet approvals that users had previously granted to move funds.

Blockaid's exploit detection system has identified an on-going exploit on TrustedVolumes (1inch market maker / resolver, @trustedvolumes ).
Chain: Ethereum

Victim contract: TrustedVolumes resolver — 0x9bA0CF1588E1DFA905eC948F7FE5104dD40EDa31

Exploiter:…

— Blockaid (@blockaid_) May 7, 2026

What made the exploit especially dangerous is that users did not need to approve any new transaction for the attack to happen. Existing token approvals alone were enough for attackers to access and transfer assets.

The incident once again highlights one of DeFi’s biggest hidden risks: unlimited token approvals that stay active even after users stop using a protocol.

According to Blockaid, the attacker behind this exploit appears to be linked to the March 2025 1inch Fusion V1 attack.

Nearly $5.9 Million Drained

Further blockchain security firm PeckShield reported that the attacker has already extracted:

• 1,291.16 WETH
• 206,282 USDT
• 16.939 WBTC
• 1,268,771 USDC

The total stolen amount currently stands at approximately $5.87 million.

Researchers identified the affected resolver contract and vulnerable proxy linked to the March 2025 1inch Fusion V1 attack. Security experts also discovered strong similarities between the two incidents while tracing the exploiter wallet connected to the attack.

DeFi Hacks Continue to Rise in 2026

The TrustedVolumes exploit is now reportedly the fifth major DeFi exploit over the last one month alone, extending what is becoming an increasingly dangerous period for decentralized finance platforms.

The overall DeFi market has already witnessed several massive hacks in recent weeks, including:

• A reported $285 million exploit targeting Drift Protocol
• A separate $293 million attack involving Kelp DAO

According to data from DefiLlama, total crypto assets stolen in April 2026 surged to approximately $635.2 million, the highest level since the massive 2025 Bybit exploit where nearly $1.5 billion was drained.

The post Bitcoin Near $83,000 While Oil Crashes 12% below $90 – Cryptoquant eyeing $93K appeared first on Coinpedia Fintech News

The world’s largest cryptocurrency Bitcoin has climbed close to $83,000, hitting this level for the first time since January 31. The overall crypto market also moved up about 2%, reaching around $2.73 trillion. 

At the same time, oil prices dropped 12% below $90 after Islamic Revolutionary Guard Corps confirmed safe passage through the Strait of Hormuz.

Now, traders are closely watching the $93,000 level, as CryptoQuant says it matches a key “CME gap” that Bitcoin often tends to revisit.

U.S.-Iran Peace Deal Boosts Market Sentiment

Over the past week, Bitcoin has climbed steadily from around $75,000 to nearly $83,000, driven by growing optimism around the U.S.–Iran negotiations.

The latest rally follows reports that the United States and Iran are close to finalizing a 14-point agreement that could end the conflict within the next 48 hours.

Under the proposed deal, Iran would pause uranium enrichment and allow United Nations inspections. In return, the U.S. may ease sanctions and release frozen Iranian assets.

This progress has also improved the outlook for global trade, with expectations that oil flow through the Strait of Hormuz could return to normal after earlier disruption fears.

CME Futures Data Shows Rising Market Activity

Recent research from CryptoQuant also shows growing activity in CME Bitcoin futures markets. Open Interest (OI) has climbed back above 110,000–120,000 contracts, compared to lows near 20,000–30,000 contracts seen during the February correction.

At the same time, Bitcoin has rebounded from the $65,000–$70,000 range to above $80,000 while futures activity continues rising. 

Meanwhile, CoinGlass data shows nearly 125,567 traders were liquidated over the past 24 hours, with total liquidations reaching approximately $557.95 million.

Notably, short traders accounted for nearly 80% of those liquidations, or around $444 million.

Why $93,000 Is the Next Key Level?

According to CryptoQuant researchers, the next major upside target for Bitcoin could be around $93,000 due to a key CME gap.

CME Bitcoin futures trade only during weekdays, while the spot crypto market operates 24/7. This creates price gaps between Friday’s close and Monday’s open, often referred to as “CME gaps.” 

Historically, Bitcoin tends to revisit and fill these gaps over time.

One previous gap was already filled during the recent recovery rally. However, the next major unfilled gap remains near the $93,000 level, making it an important target traders are closely watching.

Risk Still Remains

Despite the bullish momentum, analysts warn that the market remains highly sensitive to geopolitical developments. Any negative headlines or collapse in the U.S.-Iran peace negotiations could quickly reverse sentiment and invalidate bullish targets.

The post U.S.-Iran Peace Deal Could Be Signed Within 48 Hours, Will Crypto Market Rally? appeared first on Coinpedia Fintech News

Global markets are once again turning bullish after reports claimed the U.S and Iran may finalize a peace agreement within the next 48 hours. The U.S. is waiting for Iran’s reply on a 14-point plan to end the conflict that has lasted over two months.

However, this news has already boosted market mood, with Bitcoin climbing close to $82,398. Will this be bullish news for the crypto market? 

What’s Inside the 1-Page Proposed Memo?

The proposed one-page memo reportedly includes several major conditions aimed at reducing tensions between both countries.

Key points include:

• The U.S. and Iran lifting their blockades on the Strait of Hormuz
• The U.S. removing sanctions on Iran
• Iran agreeing to a 15-year pause on uranium enrichment
• Iran transferring its stockpile of highly enriched uranium outside its borders, potentially to the U.S.

If both sides approve the framework, the war would officially be declared over, followed by a 30-day negotiation period for broader discussions.

Meanwhile, US Secretary of State Marco Rubio described the ongoing negotiations as “highly complex and technical.”

“We have to have a diplomatic solution that is very clear on the topics they are willing to negotiate on and the extent of the concessions they are willing to make at the front end in order to make it worthwhile.”

He also added that some of Iran’s top leaders are “insane,” describing how fragile the negotiations still remain.

Further talks are expected to take place in either Islamabad or Geneva.

Trump Pauses Military Operation Amid “Great Progress”

Donald Trump has already paused the U.S. military’s “Project Freedom” operation, which was aimed at reopening the Strait of Hormuz.

Trump in his Truth social post said the operation was paused because of “great progress” being made toward a “complete and final agreement” with Iran.

However, skepticism still remains high. This is not the first time officials believed a deal was close since the conflict began.

Crypto Market Turns Bullish on Peace Deal Hopes

The crypto market has reacted strongly multiple times this year whenever progress in the U.S.-Iran peace talks emerged.

The first major rally came after Donald Trump announced a two-week ceasefire. Bitcoin jumped 5% within 24 hours, moving above $72,000, while Ethereum gained 6% to reach $2,257. The announcement also pushed oil prices down nearly 12–15%, improving overall market sentiment.

A second rally followed after reports claimed Iran was open to another peace negotiations. Then Bitcoin quickly climbed to a four-week high of $74,901, while Ethereum surged nearly 7% toward $2,400.

But, when talks collapsed on April 13, markets quickly reversed. Bitcoin dropped below $71,000 as traders feared the conflict could escalate again.

Most recently, Bitcoin approached near $83000 following fresh reports of progress toward a formal U.S.–Iran memorandum of understanding aimed at permanently ending the war.

Other Large Cryptocurrencies Are Also Rallying

The bullish momentum is not limited to Bitcoin alone. Ethereum is up around 2%, while Solana, XRP, and Dogecoin are posting gains between 4% and 5% today as investor sentiment improves.

Many analysts believe that if the U.S.-Iran conflict officially comes to an end, the crypto market could see a much stronger rally, with Bitcoin potentially retesting the $100,000 level once again.

The post Solana and Google Cloud Launch Pay.sh for AI Agent Payments Using USDC appeared first on Coinpedia Fintech News

Solana News Today : Solana Foundation and Google Cloud are pushing deeper into the AI economy with the launch of Pay.sh, a new payment gateway that allows autonomous AI agents to access and pay for APIs using stablecoins on the Solana network. 

The move signals a major step toward machine-to-machine payments powered by crypto.

Solana and Google Cloud Bring Stablecoin Payments to AI

Announcing the launch, Solana Foundation Chief Product Officer Vibhu Norby said:

“In collaboration with Google Cloud, we’re introducing Pay.sh, a gateway service designed to bridge the gap between autonomous agents and enterprise infrastructure.”

He further added,

“We launched a new way to pay per API call with Solana stablecoins today, in collaboration with GCP.”

The project focuses on solving one of AI’s growing problems, how autonomous agents can independently pay for services online in real time.

This newly launched platform allows AI agents to instantly pay for access to more than 75 APIs using USD Coin, without requiring subscriptions, billing accounts, or traditional payment systems.

How Pay.sh Payments Works?

Pay.sh connects a Solana wallet directly to AI tools such as:

• Gemini
• Claude
• Codex
• Openclaw
• Hermes

Users can fund wallets using either a credit card or stablecoins within roughly 60 seconds.

Once connected, AI agents can browse a marketplace of API services, view live pricing, and instantly pay per request using USDC. Costs are often only fractions of a cent, making micropayments practical for AI-driven systems.

Unlike traditional cloud setups, users do not need to create billing accounts or manage API credentials. Instead, the payment itself acts as authorization.

AI Agents and Crypto Payments Are Converging

The launch shows a growing trend where crypto infrastructure is becoming increasingly integrated into AI systems.

For the first time, AI can find, use, and pay for APIs in one place using stablecoins instead of old payment systems.

The platform currently supports official Google Cloud APIs alongside more than 50 community API providers across sectors. 

This follows Coinbase launching Agentic Market, powered by USDC and x402, which has already nearly 165 million transactions across over 480,000 AI agents, most of them on Base.

As AI adoption accelerates globally, crypto-powered payment systems may quietly become one of the sector’s biggest real-world use cases.

The post Why Is Zcash Price Up By 43% Today? appeared first on Coinpedia Fintech News

Zcash (ZEC), a decentralized privacy-focused cryptocurrency, surged 43% in just 24 hours, climbing above $600 while most major digital assets remained relatively flat. This sharp rally positioned Zcash as one of the top-performing cryptocurrencies of the day.

The sudden breakout has made many traders excited and wondering why Zcash’s price is going up so fast today.

Multicoin Capital Co-Founder Invests in Zcash

One of the biggest drivers behind today’s rally came from Tushar Jain, co-founder of Multicoin Capital, who revealed he has made a significant investment in Zcash this year.

Jain explained that Zcash strongly aligns with the original “cypherpunk” vision of cryptocurrency, focusing on privacy, censorship resistance, and financial freedom. He pointed to Zcash’s shielded transaction feature, which hides sender, receiver, and transaction amounts. 

1/ Multicoin has built a significant position in $ZEC since February.

Zcash is a return to the cypherpunk ideals crypto was founded on.

— Tushar Jain (@tushar_jain) May 5, 2026

According to Jain, rising regulatory pressure and wealth-control policies are increasing demand for truly private digital assets.

While Bitcoin offers resistance against censorship, Jain argued that it does not fully protect users from government tracking or wealth-related regulations. In his view, Zcash offers a stronger privacy-focused alternative.

Robinhood Listing Boosts Retail Demand

Another major catalyst came from Robinhood, which officially listed Zcash in late April. The listing gave more than 10 million retail users easier access to ZEC trading. Since the listing, Zcash has surged more than 40% over the past 30 days, with demand continuing to rise.

On-chain data also shows that nearly 30% of ZEC’s circulating supply, roughly 5.18 million coins, is currently locked in shielded pools. This reduces liquid supply in the market and can strengthen bullish price momentum during periods of high demand.

Trading Volume Explodes Above $1.5 Billion

Zcash’s rally is also being backed by strong market activity.

Trading volume jumped nearly 71% in 24 hours, reaching approximately $1.6 billion, showing that the rally is supported by real capital inflows rather than low-volume speculation.

At the same time, liquidation data revealed nearly $57.7 million wiped out from the market, including over $55 million from short sellers alone. This massive short squeeze pushed prices even higher as bearish traders were forced to close positions.

Big Crypto Voices Turn Bullish on ZEC

The rally has also gained attention from major crypto personalities. Macro investor Raoul Pal described Zcash as the “younger sibling” of Bitcoin.” 

Meanwhile crypto influencer Jesus Martinez claimed,

“Zcash will do what Bitcoin couldn’t do.”

These comments helped fuel social media buzz and renewed interest in privacy-focused cryptocurrencies.

Zcash Price Outlook

From a technical perspective, Crypto trader Captain Faibik believes ZEC may still have room to run.

Captain Faibik noted that Zcash recently broke out of a long-term downward channel near the $490 level, a move often viewed as a bullish reversal signal.

$ZEC #ZECUSDT +120% Profit so far Since the ENTRY.. https://t.co/kSyJ8T027Y pic.twitter.com/hyIyFX0PAX

— Captain Faibik (@CryptoFaibik) May 6, 2026

According to Faibik, if bullish momentum continues and overall market conditions remain supportive, ZEC could potentially climb toward $1,280 in the coming months.

The post U.S. Senator Bernie Moreno said Clarity Act To be signed before July 4 appeared first on Coinpedia Fintech News

A major breakthrough for crypto regulation in the U.S. may be just weeks away. Senator Bernie Moreno has signaled that the long-awaited Digital Asset Market Clarity Act could be signed into law before July 4. 

With growing political support, industry backing, and rising market confidence, the bill is now closer than ever to becoming a reality.

Clarity Act Moves Closer to Final Approval

Speaking at the Solana Accelerate event, Senator Bernie Moreno said the Digital Asset Market Clarity Act is now nearing its final stages. 

Moreno confirmed strong progress on the bill, stating,

“we passed the GENIUS Act, next week we’re going to mark up the CLARITY Act in the Senate, which is a big deal.” 

He said that the key part of the bill involving disagreements over stablecoin yields is now resolved following the recent compromise led by Senators Tillis and Alsobrooks that has helped move things forward.

The proposal has gained support from major industry leaders, including Brian Armstrong, though traditional banks remain divided on the details.

July 4 CLARITY Act Could Become Law

During the event, he added that lawmakers are working to finalize the bill quickly, aiming to send it to Donald Trump’s desk.

He stated that the bill will reach, “the President’s desk before the end of June” and be “signed into law before July 4.”

However, the markup schedule has not yet been announced. Even so, experts anticipate that the Senate markup on the CLARITY Act will begin in May.

Moreno further said there are some process issues. He explained that many committees are involved, so everything needs to be put together in one simple plan. Even so, he believes it will be approved quickly.

Strong Political Support Builds Momentum

Financial investor Paul Barron struck a more optimistic tone. He suggested that even if banks make a last-minute effort to slow the CLARITY Act, the markup is still expected to take place on May 11.

Regardless of whether the banks are making one last-ditch effort to stifle the Clarity Act, the Markup happens on the 11th of May – get ready. https://t.co/7JuJL9tKfA

— PaulBarron (@paulbarron) May 5, 2026

Meanwhile, pro-crypto lawmakers, including Cynthia Lummis, have promoted the legislation as key to keeping innovation within the United States.

Moreno also credited Donald Trump for speeding up progress in crypto regulation, pointing to a broader shift toward a more supportive policy environment.

Following this positive momentum, Polymarket shows growing confidence, with market pricing in a 67% chance that the bill will be signed into law this year.