The attack caused a "cross-protocol contagion" that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.

The average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz.

The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far.

Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.

Payward, the parent company of the Kraken crypto exchange, cited Bitnomial's regulatory licenses as the primary driver for the acquisition.

Stark's departure from the Ethereum Foundation is the most high-profile exit from the organization since its shakeup in the first quarter of 2025.

Mining companies are now split between those liquidating Bitcoin to cover operating expenses and those holding their BTC in reserve to fuel future growth.

The Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April.