From SpaceX IPO to $10M in losses: the biggest crypto news of the day
Last Updated on 3 April 2026 by CryptoTips.eu
It is a busy day across crypto and tech. From a major exploit expanding to twenty protocols to trillion-dollar valuations, regulatory approvals and new token standards: the market keeps moving. Here is a roundup of the most important developments today.
Regulation and institutional moves dominate the headlines
The IMF releases a note on tokenized finance, pointing to its potential to transform banking, capital markets and payments. At the same time, Coinbase receives conditional approval from the Office of the Comptroller of the Currency to charter a federally regulated trust company for crypto custody. That is a major step toward institutional legitimacy. Todd Blanche, the author of the DOJ memo that scaled back federal crypto enforcement, now serves as interim US Attorney General.
BlackRock CEO Larry Fink fires a warning: oil at $150 per barrel could trigger a global recession. Circle launches cirBTC, a 1:1 Bitcoin-backed token with onchain-verifiable reserves built to move seamlessly across DeFi. And Nikita Bier announces that large accounts with more than 10,000 followers launching meme coins without a crypto history now face verification requirements.
Tech and crypto collide over massive valuations
Elon Musk’s SpaceX targets a valuation of more than $2 trillion for its upcoming IPO, which would make it larger than all but five companies in the S&P 500. Anthropic acquires biotech startup Coefficient Bio for approximately $400 million. Google launches Gemma 4, its most intelligent open model to date, designed for advanced reasoning and agentic workflows under an Apache 2.0 license.
Drift exploit now hits twenty protocols
The fallout from the Drift incident keeps spreading. The number of affected protocols rises from 11 to 20, including PiggyBank, Perena, Vectis, Valeo, Amp Pay, Loopscale, Prime Numbers Fi, Gauntlet and Exponent. Prime Numbers Fi takes the hardest hit with estimated losses of more than $10 million. On top of that, US authorities seize $600,000 in crypto linked to a phishing attack targeting Ledger users through fake hardware wallets.
