Author: Kelvin Munene
Kelvin Munene
Kelvin Munene is a crypto and finance journalist with over 6 years of experience in market analysis and expert commentary. He holds a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Coincentral. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
In April 2026, crypto hacks reached a record monthly high, with 29 incidents and $651 million in losses. Drift Protocol and Kelp DAO accounted for most of the losses, raising fresh concerns over DeFi security, North Korean cyber activity, social engineering attacks, and institutional trust in blockchain infrastructure April 2026 became the worst month on record for cryptocurrency hacks by incident count, with DeFiLlama tracking 29 attacks across crypto projects. Security firm CertiK reported $651 million in losses, making April the largest monthly total since March 2022, excluding the February 2025 Bybit hack. The wave of attacks turned attention back…
Stablecoins and Open Source: The Quiet Engine Driving India’s Crypto Developer Boom There is a popular assumption that regulatory uncertainty slows down innovation. In India’s crypto space, that assumption does not hold. While policymakers debate frameworks and tax structures, Indian developers are quietly building some of the most technically ambitious blockchain projects in the world. Why Regulatory Fog Doesn’t Stop Code From Shipping The conversation around crypto in India has been dominated by trading volumes, tax burdens and compliance anxieties. The 30% flat tax on virtual digital assets and the 1% TDS introduced in 2022 hammered domestic exchange volumes. But…
The Ludhiana crypto fraud case involves Rs 19.84 crore siphoned from a businessman through a suspected “pig butchering” scam. Funds moved via 76 forged bank accounts and nearly 200 mule accounts, using wallets, prepaid instruments, and possibly gaming platforms. Police continue tracing the complex digital money trail. The Ludhiana crypto fraud case, worth Rs 19.84 crore, has gained attention after investigators discovered a complex network of bank accounts and digital systems. The case involves a suspected “pig butchering” scam that targeted a Ludhiana-based industrialist for several months. According to police reports, the funds were transferred through multiple layers of accounts,…
India is reviewing a system for digital inheritance that would allow users to assign a legal heir for online accounts and digital assets. The proposal covers social media, email, cloud storage, and cryptocurrencies, aiming to provide structured access after death while balancing privacy and legal requirements. India is reviewing new ways to manage online accounts and digital property after a person’s death. The Ministry of Electronics and Information Technology is studying a system that may allow users to assign a digital legal heir. This step comes as more people store money, memories, and business activity on online platforms. Indian Government…
A Ludhiana industrialist allegedly lost ₹19.8 crore in a crypto “pig butchering” scam. Police said fraudsters built trust through a fake online identity, then pushed fake crypto investments. Funds were routed through 76 bank accounts, and a cybercrime investigation is underway A cyber fraud case involving a Ludhiana-based industrialist has come under investigation after police linked it to a “pig butchering” scam. Authorities said the victim lost around ₹19.8 crore in a structured cryptocurrency fraud built through long online interaction and staged investment promises. The case has drawn attention due to the use of fake identities, digital manipulation and multiple…
New Hampshire lawmakers advanced a stricter crypto ATM fraud bill after rejecting a softer amendment. The measure sets daily limits, adds warning requirements, and aims to reduce scams targeting residents, especially older users, as it moves toward final approval. New Hampshire lawmakers moved forward with a bill aimed at reducing fraud involving cryptocurrency ATMs after rejecting an amendment that would have softened the rules. The decision came after reports of growing scam cases where victims lost large amounts of money through kiosk transactions. House approves stricter Senate version of SB 482 The New Hampshire House passed the Senate-backed version of…
Senate leaders plan to mark up the CLARITY Act in late April, but stablecoin yield disputes and other political hurdles still stand in the way. Lawmakers now face a narrow window in May to keep the crypto market structure bill moving The Senate’s next steps on the CLARITY Act have come into focus after Senator Cynthia Lummis said the Banking Committee plans to hold a markup in the second half of April. The update came as lawmakers, lobbyists, and industry groups continued to debate stablecoin yield, agency authority, and ethics rules. Senator Bernie Moreno also warned that if Congress does…
An Indian-flagged tanker, Sanmar Herald, came under fire in the Strait of Hormuz after its crew said it had received clearance to transit. The incident has raised questions after maritime security alerts warned that unknown actors were posing as Iranian authorities and demanding cryptocurrency for supposed safe passage. An Indian-flagged tanker that came under fire in the Strait of Hormuz may have received a fraudulent transit message before the incident, though authorities have not confirmed that the vessel made any payment. The tanker, Sanmar Herald, was fired upon on April 18 while attempting to cross the strait. In a distress…
CoinSwitch’s Q1 2026 report shows Indian crypto investors trade most actively between 10 p.m. and 11 p.m., with weekday activity topping weekends. The data also points to stronger dip-buying during market corrections and continued preference for long-term holding. Indian crypto investors now trade most actively between 10 p.m. and 11 p.m., a pattern that points to rising participation after work hours. CoinSwitch’s Q1 2026 report also shows that weekday activity exceeds weekend trading, even though digital assets trade around the clock. The trend suggests that more investors now follow routine-based strategies instead of chasing random market moves. The report found…
Zondacrypto’s supervisory board resigned after citing governance failures and poor internal communication. The case intensified after hot wallet balances dropped, withdrawal complaints grew, and Polish prosecutors opened an investigation, drawing wider attention to the exchange’s Swiss links and regulatory standing. The entire supervisory board of BB Trade Estonia OÜ, the company operating crypto exchange Zondacrypto, resigned this week, adding new pressure on the platform’s corporate structure and financial standing. Veronika Togo, Guido Bühler, and Georgi Džaniašvili submitted their resignations separately and later issued a joint statement explaining their decision. In that statement, the former board members said management failed to…