Flutter Entertainment announced a leadership transition at FanDuel, with Chief 
Executive Amy Howe departing after five years and Christian Genetski stepping 
into the CEO role. The departure was confirmed alongside Flutter&#8217;s Q1 2026 
results. Genetski Takes Over While Flutter Names Group-Level President Per the 
press release, Howe will receive severance of $4,370,828 – equal to […]

Flutter Restructures US Operations as FanDuel CEO Howe Departs With $4.37M Severance

The disruption in the Strait of Hormuz could exacerbate global energy supply 
issues, heightening geopolitical tensions and economic instability.
The post 1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic 
disrupted appeared first on Crypto Briefing.

1,500 ships trapped in Gulf amid US-Iran conflict, Hormuz traffic disrupted

Block shares rose 8% after Q1 earnings beat estimates while Bitcoin revenue 
fell 26% and the firm posted a $309 million net loss in Q1 2026.

Jack Dorsey’s Block rises despite first quarterly loss in years

Bitcoin is trading above $80,000 as the market prepares for what is shaping up 
to be a decisive directional move. The recovery from the recent correction has 
been meaningful — but a CryptoQuant report has identified the specific 
mechanism that prevented the decline from becoming considerably worse, and 
understanding it changes how the current price level should be read. Related 
Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: 
Here The Post-Crisis Market Structure The report examines the realized prices 
of different whale cohorts — the average cost basis of large Bitcoin holders 
segmented by how recently they have been active. When the spot price falls 
toward a whale cohort&#8217;s realized price, it approaches the level at which those 
holders would begin taking losses if they sold. That proximity to breakeven 
creates a natural support mechanism: large holders become increasingly 
reluctant to sell as they approach their cost basis, which reduces selling 
pressure precisely where the market needs it most. During the recent 
correction, two specific cohorts provided that support. Whales active within 
the last one to seven days held a realized price of approximately $66,000. 
Whales active within the last seven to thirty days held a realized price of 
approximately $70,600. The spot price dropped toward both of those levels 
during the correction — and rather than breaking through them into deeper 
losses for those holders, the price found support and reversed. The $66,000 to 
$70,600 range was not a random bounce zone. It was where billions of dollars 
in recent whale capital reached its breakeven — and where the behavioral 
dynamics of large holders created the floor that held. The Floor Held. But It 
Only Holds Until It Doesn&#8217;t The CryptoQuant report explains why the $66,000 to 
$70,600 range produced the price reaction it did. When Bitcoin&#8217;s spot price 
approaches the realized price of a major whale cohort, the selling dynamics 
change fundamentally. These are not participants who bought Bitcoin 
speculatively and will sell at the first sign of stress — they are large, 
recent buyers whose cost basis sits within the zone. The same zone that 
discourages selling also attracts buying. A price level where informed, recent 
capital bought Bitcoin and where those holders are defending their positions 
becomes a natural re-accumulation area — one where the buyers who were correct 
the first time tend to add rather than exit. The positive price reaction from 
the support range confirms that the zone performed its structural function. 
Bitcoin tested the breakeven levels of its most recently active large holders 
and bounced. A reaction that reflects genuine demand meeting reduced selling 
pressure in a specific, explainable price range. The CryptoQuant assessment of 
what comes next is honest in both directions. As long as Bitcoin remains above 
the $66,000 to $70,600 zone, the evidence supports the formation of a local 
bottom and the beginning of the next directional move. The recovery above 
$80,000 is consistent with that reading. The risk the report preserves is 
equally specific. A decisive breakdown below the lower boundary of the support 
zone — below $66,000 — would invalidate the bottom thesis entirely and 
represent a strong bearish signal for the broader market. The floor held. 
Whether it continues to hold defines everything that follows. Related Reading: 
Bitcoin Reclaims $80K, And $93K Comes Into Focus — Discover The CME Gap Setup 
Bitcoin Tests Resistance After Structured Recovery From February Lows Bitcoin 
is trading near $80,700 on the daily chart, pressing directly into a 
resistance zone that has rejected price multiple times since the breakdown 
earlier this year. The recovery from the February low near $60,000 has been 
technically clean, with price forming a sequence of higher lows and reclaiming 
the 50-day and 100-day moving averages along the way. That shift confirms a 
transition from a corrective phase into a developing uptrend. However, the 
current test is not occurring in a vacuum. The 200-day moving average is still 
trending downward and sits just above price, acting as dynamic resistance near 
the $82,000 region. This confluence — horizontal resistance plus a declining 
long-term average — explains why momentum has slowed as Bitcoin approaches 
this level. Related Reading: Ethereum Withdrawals From Exchanges Just Hit An 
8-Month Low: Find Out What Investors Are Waiting For Volume has remained 
moderate during the latest push higher, which suggests the move is being 
driven more by controlled demand than aggressive breakout participation. This 
creates a fragile setup: structurally bullish, but not yet confirmed. If 
Bitcoin breaks and holds above $82,000, it would mark a decisive shift in 
market structure and likely trigger continuation. Failure here would expose 
the $74,000–$76,000 region as the first support, with deeper demand sitting 
closer to $70,000. Featured image from ChatGPT, chart from TradingView.com

Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics

Another multi-million-dollar attack has hit the DeFi sector after liquidity 
provider and market maker TrustedVolumes fell victim to a smart contract 
exploit on Thursday night. Related Reading: Solana Eyes New Leg Up After 
Triangle Breakout – Is $96 The Next Stop? TrustedVolumes Hit By $6.7M Hack On 
Thursday, DeFi platform TrustedVolumes, one of 1inch liquidity providers and 
market makers, suffered a new exploit that drained millions of dollars in 
multiple assets from the project. According to reports from blockchain 
security firms PeckShield and Blockaid, the attacker stole approximately $6 
million in Wrapped Ethereum (WETH), Wrapped Bitcoin (WBTC), USDT, and USDT 
after exploiting a vulnerability in the protocol’s core signature validation 
logic, which allowed them to bypass authorization checks and forge trading 
orders. Notably, the hacker quickly exchanged all assets for 2.513 ETH on a 
Decentralized Exchange (DEX) and distributed them across three addresses. In 
an X post, TrustedVolumes confirmed the incident, sharing the addresses 
currently holding the stolen funds and updating the estimated loss to roughly 
$6.7 million. The vulnerability was a TrustedVolumes-controlled custom RFQ 
(request for quote) swap proxy. Crypto researcher Humphrey explained that “the 
Custom RFQ Swap Proxy contract contains a function designed to manage the 
‘authorized order signer’ whitelist. Such whitelist mechanisms are common in 
DeFi—only addresses on the whitelist can issue valid transaction instructions 
on behalf of the protocol.” However, he noted that “this registration function 
is public and lacks any permission modifiers.” As a result, the attacker 
exploited this public function within the contract, registering themselves as 
an authorized order signer. “Since any external address can call this 
function, it is equivalent to giving everyone the ability to make a copy of 
the safe’s key,” the researcher continued. Same Hacker, Different Attack The 
online reports revealed that the attacker was the same hacker responsible for 
the $5 million 1inch Fusion V1 Settlement contract exploit in March 2025, 
which TrustedVolumes was the primary victim. Humprey highlighted that while 
the same individual carried out both attacks, they were significantly 
different on a technical level. According to the post, the 2025 vulnerability 
involved low-level EVM memory manipulation in the 1inch Fusion V1 Settlement 
contract. At the time, the hacker “proactively initiated on-chain 
negotiations,” offering to return the stolen assets for a white hat bounty. 
The DeFi platform accepted the proposal, and most of the funds were safely 
returned. Now, TrustedVolumes affirmed that it is “open to constructive 
communication regarding a bug bounty and a mutually acceptable resolution.” 
Decentralized exchange aggregator 1inch clarified that there was no impact on 
its systems, infrastructure, or user funds, explaining that “TrustedVolumes 
operate independently as a liquidity provider, used by multiple protocols 
across the industry, and are not exclusive to 1inch.” DeFi Exploits See 
Historic Surge This attack follows a wave of exploits that has shaken the DeFi 
sector over the past month. Last week, PeckShield revealed that the crypto 
space saw 40 major hacks in April, which drained approximately $647 million. 
Related Reading: $150M Crypto Ponzi Crumbles: $41.5M Frozen In DSJ Exchange 
Collapse This figure represents a 1,140% Month-over-Month (MoM) increase from 
March’s $52.2 million. It also represents a 292% surge from the $165 million 
the DeFi sector lost during the first quarter of 2026. Notably, the top two 
incidents of the month, Drift Protocol’s $285 million and KelpDAO’s $290 
million exploits, accounted for 91% of the funds lost last month. In addition, 
they now rank among the Top 10 hacks since 2021. Featured Image from 
Unsplash.com, Chart from TradingView.com

DeFi Platform TrustedVolumes Hit By $6.7M Hack As 2026 Exploits Surge

Ethereum price started a downside correction below $2,350. ETH is now showing 
a few bearish signs and might decline further if it trades below $2,265. 
Ethereum started a downside correction below the $2,365 zone. The price is 
trading below $2,320 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $2,315 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could continue to move down if it 
stays below the $2,325 zone. Ethereum Price Dips Further Ethereum price failed 
to stay above the $2,350 zone and extended its decline, like Bitcoin. ETH 
price gained pace for a move below the $2,320 and $2,300 levels. The bears 
pushed the price below the 50% Fib retracement level of the upward move from 
the $2,220 swing low to the $2,423 high. Finally, the bulls appeared near 
$2,265. Besides, there is a bearish trend line forming with resistance at 
$2,315 on the hourly chart of ETH/USD. Ethereum price is now trading below 
$2,320 and the 100-hourly Simple Moving Average. If the bulls remain in action 
above $2,265, the price could attempt another increase. Immediate resistance 
is seen near the $2,300 level. The first key resistance is near the $2,320 
level. The next major resistance is near the $2,350 level. A clear move above 
the $2,350 resistance might send the price toward the $2,400 resistance. An 
upside break above the $2,400 region might call for more gains in the coming 
days. In the stated case, Ether could rise toward the $2,440 resistance zone 
or even $2,450 in the near term. Another Decline In ETH? If Ethereum fails to 
clear the $2,320 resistance, it could start a fresh decline. Initial support 
on the downside is near the $2,265 level and the 76.4% Fib retracement level 
of the upward move from the $2,220 swing low to the $2,423 high. The first 
major support sits near the $2,240 zone. A clear move below the $2,240 support 
might push the price toward the $2,220 support. Any more losses might send the 
price toward the $2,200 region. The main support could be $2,150. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the 
bearish zone. Hourly RSI &#8211; The RSI for ETH/USD is now below the 50 zone. Major 
Support Level – $2,265 Major Resistance Level – $2,320

Cryptocurrency price in THB

Market Overview