Crypto Industry News & Market Trends

Bitget Highlights Women Shaping Education-First Web3 Growth in the Philippines

Victoria, Seychelles, April 30, 2026- Bitget, the worlds largest Universal Exchange (UEX), highlighted the growing impact of women-led Web3 education and advocacy in the Philippines through its flagship women-in-blockchain initiative, Blockchain4Her. The initiative supports women who are advancing blockchain literacy, community access, and responsible participation across emerging digital economies.　　Blockchain4Her is designed to elevate and empower women in blockchain through education-first programs, grassroots partnerships, and community-led advocacy. By focusing on access, knowledge and long-term inclusion, the initiative aims to close the gender gap in Web3 and create pathways for women to participate as builders, educators and decision-makers.　　In the Philippines, a market shaped by strong grassroots adoption and a rapidly expanding digital economy, Blockchain4Her, has supported women working at the intersection of education, community-building, and responsible innovation. Advocates including Bea Llana, Arshelene “Tita Arsh” Lingao, and MaryWave (Wave3) have emerged as leading voices helping women and young people approach Web3 with clarity, structure, and purpose.　　“We started Blockchain4Her to create a safe space and build confidence for women to imagine a future in Web3,” said Gracy Chen, CEO of Bitget and initiator of Blockchain4Her. “Seeing women in the Philippines take ownership of education and community-building shows what inclusion looks like when it begins

05-01Industry

Wasabi Protocol Hit by $5M Multi-Chain Exploit – What Investors Need to Know

Wasabi Protocol, which allows users to trade cryptocurrencies using leverage, has recently become the victim of a major hack, reminding people just how vulnerable DeFi continues to be. PeckShield, a blockchain security firm, announced on April 30 that Wasabi protocol had lost well over $5 million worth of assets on multiple blockchain platforms due to hacks/exploits.　　The Scope of the Multi-Chain Attack　　The attack exploited multiple networks, demonstrating the complex nature of risk with cross-chain operations within DeFi. Using security data, the attacker was able to drain funds from the various deployments of the Wasabi Protocol on four different networks: Ethereum, Base, Berachain and Blast.　　Initial investigations reveal that among stolen assets are numerous kinds of tokens including Wrapped Ether (WETH) and USDC, both of which went to the hackers wallet. There has been an increasing trend for hackers to exploit liquidity from protocols that consist of multiple chains within their ecosystems.　　Understanding Wasabi Protocols Role　　Wasabi Protocol was rapidly developing into a niche leader in leverage trading with respect to memecoins and NFT before they experienced this breach. Moreover, Wasabi offers traders the opportunity to trade perpetual futures contracts that are linked to actual underlying assets rather than synthetic ones as with the majority

05-01Industry

Bitcoin stuck below $80K as options wall builds overhead

Bitcoin is sitting at roughly $76K, nursing its wounds after a week that saw more than $500M in leveraged long positions get liquidated. The reason for the stall is becoming increasingly clear: a massive wall of options contracts has formed at the $80K level, and every attempt to break through it has been met with selling pressure that sends price right back down.　　Think of it like a crowded doorway. Everyone wants through, but the more people push, the harder it gets to move. That‘s what’s happening at $80K right now.　　The options ceiling, explained　　Options contracts give traders the right to buy or sell an asset at a specific price. When a large number of these contracts cluster at a single strike price, it creates what traders call a “wall.” In this case, the wall is at $80K, and its made of call options, contracts that bet on Bitcoin going higher.　　Heres the thing. When market makers sell those call options to bullish traders, they hedge their exposure by selling actual Bitcoin as price approaches the strike. The result is a self-reinforcing ceiling. The closer Bitcoin gets to $80K, the more selling pressure materializes from hedging activity alone.　　It‘s a frustrating dynamic for bulls.

05-01Industry

World Liberty Financial (WLFI) Plunges to New ATL: Has Trumps Family Ruined Crypto?

The latest retreat follows a controversial proposal that was initially submitted to the World Liberty governance in mid-April and which went live for voting on April 29.　　The plan covers over 62 billion locked WLFI tokens, which would stay off the market for at least two years if approved. Founders, team members, and partners could have up to 45.2 billion units moved to a new two-year lock, with 4.5 billion burned if they choose to join.　　Early supporters would have up to 17 billion coins shifted to the same place and later vesting with no burn involved. The proposal will remain open for voting until May 6, and as of now, 99.94% of participants have supported it.　　WLFI‘s association with Donald Trump and his inner circle fueled backlash after the token’s collapse, with some analysts arguing that the connection contributed to the steep losses investors suffered.　　You may also like:　　X user Carl Moon told his 1.5 million followers that “Trumps family has ruined crypto,” reminding that other tokens related to POTUS, including TRUMP and MELANIA, have crashed by over 90% since their launch.　　Additional Drama　　Besides the controversial proposal, WLFI recently made the headlines after Justin Sun filed a lawsuit against the project. Trons founder alleged

05-01Industry

WLFI Price Crashes 16%: Bearish Breakdown Signals More Downside Ahead

The post WLFI Price Crashes 16%: Bearish Breakdown Signals More Downside Ahead appeared first on Coinpedia Fintech News　　WLFI price is under sharp pressure today, with the token dropping over 16% in the last 24 hours as sentiment rapidly turns cautious. The decline followed a brief surge driven by new ecosystem developments, but momentum quickly faded as governance concerns triggered a broader market reaction.　　Instead of attracting sustained demand, the latest updates have led to uncertainty, prompting traders to reduce exposure. With selling pressure accelerating and key levels breaking, the move signals a deeper shift in market confidence, positioning WLFI among the weakest performers in the current session.　　Why WLFI Price Is Down Today　　WLFIs decline is being driven by a combination of fundamental uncertainty and negative market reaction to recent developments. On April 29, the project introduced a new consumer payment use case via a sports prediction platform, which initially sparked a short-term price spike.　　However, sentiment quickly reversed following a controversial governance proposal that suggested delaying token unlocks and burning 10% of supply. While intended to reduce selling pressure, the proposal raised concerns around execution risk and long-term sustainability. This shift in perception triggered a rapid exit from positions, turning early optimism into

05-01Industry

Bitget Highlights Women Shaping Education-First Web3 Growth in the Philippines

Victoria, Seychelles, April 30, 2026- Bitget, the worlds largest Universal Exchange (UEX), highlighted the growing impact of women-led Web3 education and advocacy in the Philippines through its flagship women-in-blockchain initiative, Blockchain4Her. The initiative supports women who are advancing blockchain literacy, community access, and responsible participation across emerging digital economies.　　Blockchain4Her is designed to elevate and empower women in blockchain through education-first programs, grassroots partnerships, and community-led advocacy. By focusing on access, knowledge and long-term inclusion, the initiative aims to close the gender gap in Web3 and create pathways for women to participate as builders, educators and decision-makers.　　In the Philippines, a market shaped by strong grassroots adoption and a rapidly expanding digital economy, Blockchain4Her, has supported women working at the intersection of education, community-building, and responsible innovation. Advocates including Bea Llana, Arshelene “Tita Arsh” Lingao, and MaryWave (Wave3) have emerged as leading voices helping women and young people approach Web3 with clarity, structure, and purpose.　　“We started Blockchain4Her to create a safe space and build confidence for women to imagine a future in Web3,” said Gracy Chen, CEO of Bitget and initiator of Blockchain4Her. “Seeing women in the Philippines take ownership of education and community-building shows what inclusion looks like when it begins

05-01Industry

Wasabi Protocol Hit by $5M Multi-Chain Exploit – What Investors Need to Know

Wasabi Protocol, which allows users to trade cryptocurrencies using leverage, has recently become the victim of a major hack, reminding people just how vulnerable DeFi continues to be. PeckShield, a blockchain security firm, announced on April 30 that Wasabi protocol had lost well over $5 million worth of assets on multiple blockchain platforms due to hacks/exploits.　　The Scope of the Multi-Chain Attack　　The attack exploited multiple networks, demonstrating the complex nature of risk with cross-chain operations within DeFi. Using security data, the attacker was able to drain funds from the various deployments of the Wasabi Protocol on four different networks: Ethereum, Base, Berachain and Blast.　　Initial investigations reveal that among stolen assets are numerous kinds of tokens including Wrapped Ether (WETH) and USDC, both of which went to the hackers wallet. There has been an increasing trend for hackers to exploit liquidity from protocols that consist of multiple chains within their ecosystems.　　Understanding Wasabi Protocols Role　　Wasabi Protocol was rapidly developing into a niche leader in leverage trading with respect to memecoins and NFT before they experienced this breach. Moreover, Wasabi offers traders the opportunity to trade perpetual futures contracts that are linked to actual underlying assets rather than synthetic ones as with the majority

05-01Industry

Microsoft (MSFT) Stock Drops 5% Despite Earnings Beat as AI Spending Worries Intensify

The tech giant reported quarterly revenue of $82.9 billion, topping analyst consensus of $81.29 billion. Earnings per share on a diluted basis reached $4.27, exceeding the $4.05 projection by $0.22.　　Azure cloud services posted 40% revenue expansion during the January through March period, matching precisely with the 40% consensus forecast from Visible Alpha. Microsoft Cloud generated $54.5 billion in revenue, representing a 29% year-over-year increase, or 25% when adjusted for currency fluctuations.　　Chief Executive Satya Nadella revealed that Microsofts AI operations have now crossed an annual revenue run rate of $37 billion, reflecting 123% year-over-year growth. “We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the agentic computing era,” Nadella stated.　　The robust cloud performance provided some comfort to market watchers who had questioned whether Microsoft‘s substantial AI investments were actually driving meaningful revenue. Emarketer’s Gadjo Sevilla observed that the figures indicate “the spending is still translating into cloud demand rather than just margin drag.”　　Capital Spending Surges　　Capital outlays jumped 49% to $31.9 billion during the quarter. This follows $37.5 billion in capital expenditures posted in Q2. These figures underscore Microsofts continued commitment to expanding data center capacity as cloud infrastructure providers are

05-01Industry

Wasabi Protocol 4.55M$ Hack: DeFi Crisis Deepens

The DeFi sector can‘t escape the clutches of hack attacks; Ethereum and Base-based perpetuals trading platform Wasabi Protocol was robbed of $4.55 million on Thursday. The attackers seized the private key of the externally owned account (EOA) named wasabideployer.eth and immediately transferred the single ADMIN_ROLE authority in the protocol’s permission system to themselves.　　Wasabi Protocol Hack Mechanics: UUPS Exploit　　According to Blockaid‘s detection, this move called the grantRole function and, using the UUPS standard, replaced the codes of the perp vaults and Long Pool with malicious versions. Funds were quickly drained; Ethereum’s wWETH, sUSDC, wBITCOIN, wPEPE vaults and Bases sUSDC, wWETH, sBTC, sVIRTUAL, sAERO, and sBRETT vaults were targeted. Users were advised to immediately revoke their LP token approvals. Click for detailed ETH analysis.　　Drift Protocol Similarity and New Delisting Developments　　The attack mechanics were almost identical to the $285 million loss suffered by Solana-based DRIFT futures platform Drift Protocol at the beginning of the month; there too, North Korea-linked attackers had withdrawn assets in 12 minutes using an admin key without timelock or multisig protection. Wasabi also had a similar weakness: A single deployer key held full control of the protocol.　　Breaking news: $DRIFT has been delisted from Upbit and Bithumb exchanges. This delisting

05-01Industry

XRP Price Prediction May 2026: Can XRP Climb Back This Month?

XRP trades at $1.3729, up 0.31%, inside a rising channel with the SAR at $1.4734 as the key May resistance to reclaim.XRP spot ETFs crossed $1.30B in cumulative inflows with daily inflows staying positive through most of April despite macro headwinds.Polymarket gives 3% odds of XRP hitting an ATH by June, 12% by September, and 21% by December 2026.　　XRP trades at $1.3729 on April 30, entering May at the apex of a rising channel that has been building since the February low near $1.15, as cumulative spot ETF inflows cross $1.30B and the XRP Las Vegas event puts the global reserve currency narrative back in circulation.　　Can XRP Reclaim $1.47 In May？ What The Chart Shows　　XRP has been building a rising channel since the February low near $1.15, with the lower boundary rising from that base and the upper boundary capping price below $1.50 through March and April. The channel is tightening toward an apex as both boundaries converge near current levels, compressing price into a decision zone entering May.　　The Supertrend at $1.2993 is bullish and rising below price, confirmed after the February recovery held. The SAR at $1.4734 sits overhead as the first meaningful resistance for May. Price has not

05-01Industry