Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws – News Bytes Bitcoin News

Key Takeaways Judge Jason Woodbury issued a preliminary injunction against Kalshi in Carson City on April 3, 2026. The Nevada Gaming Control Board successfully argued that event contracts require a state gaming license. Kalshi must implement mandatory geofencing by May 4, 2026, to block all Nevada-based participants. Nevada Court Rejects Federal Swap Defense Judge Jason…

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Drift Protocol Hack Explained: Six-Month Social Engineering Led to $285M Solana DeFi Exploit

Drift Protocol has released preliminary findings detailing the mechanics of the April 1, 2026, exploit that resulted in the theft of approximately $285 million from the Solana-based decentralized finance (DeFi) exchange. The platform disclosed that the breach was the culmination of a six-month social engineering operation executed by highly resourced threat actors rather than a…

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VC Chamath Palihapitiya Warns Non-State Actors Will Leverage Quantum Computing to Attack Bitcoin’s ‘Honeypot’ – Crypto News Bitcoin News

Key Takeaways: On the All-In podcast, Chamath Palihapitiya stated the quantum threat to Bitcoin had accelerated from 25 to 7 years. Palihapitiya states Bitcoin will be the 1st honeypot hackers drain to send prices crashing to 0. To survive, the Bitcoin network faces a 5 to 7-year deadline to migrate and redesign nodes and wallets….

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Bitcoin’s price holds, but on-chain data flashes warning

Bitcoin (BTC) stayed near $67,000 on April 4 as two CryptoQuant analysts pointed to a split market structure.  Summary Bitcoin spot volume dropped faster than open interest, showing derivatives still carried more market weight. Exchange reserves fell by 66,300 BTC as OTC flows pointed to continued institutional accumulation recently. Negative funding and nearby downside liquidity…

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