An Oobit study of 1,000 U.S. crypto holders found that 35% have lost access to a wallet or account, most often due to human error rather than hacking. The leading causes were forgotten passwords or login failures (33%), lost seed phrases (21%), and losing 2FA access (20%), while platform bankruptcies accounted for 16%. Among those locked out, more than 1 in 10 said a single incident cost them over $5,000, and the median reported loss was 30% of total crypto holdings.

Tether has given potential investors a 14-day window to commit to a funding round that targets a $500 billion valuation, with the company signaling the process could be delayed again if commitments do not arrive. The firm is also pursuing a Big Four audit and pointing to investments beyond USDT, while its USDT circulation is cited at about $184–187 billion alongside discussion of a U.S.-regulated stablecoin effort.

A Google whitepaper sets a 2029 target for migrating away from today’s cryptography, warning that quantum advances could undermine widely used schemes. Computer scientist Guy Zyskind says blockchains should accelerate post-quantum moves such as lattice-based cryptography and encrypted mempools, but adds that upgrades cannot prevent quantum adversaries from decrypting historical on-chain data later.

Drift Protocol, a Solana-based perpetual futures DEX, was hit by an attack that pushed DRIFT down about 40% over the following 24 hours and sent DRIFT perpetual funding above 6,000% in the immediate aftermath. Coinbase separately received conditional OCC approval for a national trust charter, while X announced a new account-lock for first-time crypto mentions that requires identity verification to regain posting access.

Telegram's Wallet said on April 2 that it will use Lighter to support native leveraged perpetual trading, letting users trade crypto as well as stocks, metals, and oil with up to 50x leverage. The wallet reports more than 150 million registered users, about 25 million of whom are active, while Telegram has over 1 billion users. Lighter's LIT token rallied about 30% and retested $1 after the integration update.

Coinbase said on April 2 it received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust charter and stressed it is not turning into a bank. The company says the structure is aimed at institutional custody and crypto-market infrastructure under federal oversight, and it will not take deposits or make loans.

NovaBay Pharmaceuticals is shifting away from its legacy pharma operations and repositioning around crypto, including an on-chain treasury approach tied to token holdings and staking. The company said in a Form 8-K that it will adopt the name Stablecoin Development Corporation and start trading under the ticker SDEV on NYSE American on 3 April.

LastPass US is moving forward with a proposed class action settlement tied to a data breach that occurred between August 2022 and November 2022. The deal includes an $8.2 million fund that may reimburse up to $10,000 per person for documented extraordinary losses, plus smaller amounts for other eligible losses and added monitoring services. Claims must be filed by July 2, 2026, ahead of a July 14, 2026 final approval hearing.