cow

CoW Swap tweeted that it has regained control of the cow.fi domain and has been operating normally on cow.finance for some time, and is currently gradually transitioning back to the original domain.The official statement indicated that the attacker deceived the DNS registrar with forged documents on April 14 to gain control of the cow.fi domain; the attacker deployed a highly realistic phishing website, implementing it in two phases: first, inducing users to sign malicious transactions through a wallet stealer, and then stealing mnemonic phrases and passwords through fake wallet pop-ups; this attack targeted the domain registrar and did not involve a breach of CoW Swap's own infrastructure or private keys. Affected users should use tools like Revoke.cash to revoke all authorizations and consider transferring funds to a new wallet.

The token permission query tool Revoke.cash has launched a portal for checking affected addresses of CoW Swap. Users can enter their addresses in the portal to check if there are any unrevoked authorizations affecting them.Previously, CoW Swap's technical lead Felix Leupold tweeted that the CoW Swap frontend has resumed online, and users can access it via swap.cow.finance. He reminded users that they should only authorize the original GPv2VaultRelayer contract address.

TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin reserve company MSTR and raised the target price to $385.

According to official news, the Blockaid system has detected a front-end attack targeting Cowswap, and the website COW[.]FI has been marked as a malicious site. If the user's wallet is connected, please revoke authorization immediately and avoid any interaction with this DApp.

According to official news, HTX DAO has confirmed its appearance at the 2026 Blockchain Forum. During this period, Wendy Wang, the head of HTX CIS region, and Tigran Akhunts, the head of P2P business in the CIS region, will be invited to attend and give speeches, discussing compliance and development opportunities in different global regional markets, as well as the evolution trends of the cryptocurrency trading market in the CIS region.In addition, in the authoritative industry selection at this forum, HTX and its global advisor Sun Yuchen received multiple heavyweight award nominations. Among them, HTX was nominated for "Best International Cryptocurrency Exchange of the Year," and Sun Yuchen was nominated for "Most Influential Cryptocurrency Figure of the Year."The Blockchain Forum is the largest cryptocurrency summit in the CIS region, which will be held from April 14 to 15 in Moscow, where more than 20,000 participants from around the world will gather to discuss topics such as Web3, cryptocurrency, mining, and artificial intelligence.

According to The Block, Jaret Seiberg, Managing Director of TD Cowen's Washington Research Group, expressed that the outlook for the passage of the U.S. crypto market structure bill, the "CLARITY Act," is "increasingly pessimistic," with only a one-third chance of passing this year. He pointed out that the recent compromise proposal regarding stablecoin yields is "insufficient" to advance the bill, as it fails to meet the demands of crypto platforms like Coinbase and does little to alleviate banks' concerns about core deposit outflows.Seiberg believes that the bill could only pass if Congress ignores the objections from Coinbase and the banking industry and forcefully pushes through the compromise proposal, but this would be an exception rather than the norm. He anticipates that if the bill makes any progress, it is most likely to occur at the end of July, just before the August recess. Congress is currently in a two-week Easter recess.

According to The Block, investment bank TD Cowen stated that the time window for the U.S. to pass the crypto market structure bill may extend to the August recess, breaking the previous expectation that legislation needed to be completed before the Easter recess.Jaret Seiberg, managing director of TD Cowen's Washington research team, pointed out that the Easter recess is not a critical milestone, and legislative work can continue before and after the recess. With the conclusion of the primaries, some lawmakers will have greater flexibility for negotiations. Seiberg believes that the August recess is the last meaningful legislative window, after which Congress will only meet for 12 days in September and 2 days in October, which is only enough time to handle spending bills and defense authorization bills.He also reiterated that if control of Congress changes after the 2026 midterm elections, the bill may be delayed until 2027. It is expected that the House may shift to Democratic control, at which point the Democrats may choose to delay until 2027 to gain greater leverage. Currently, the crypto bill is stalled due to opposition from the banking sector regarding stablecoin yields and the Democrats seeking conflict-of-interest provisions for government officials, but both sides are reportedly close to reaching a compromise. Seiberg stated that if the bill does not pass in 2026, the SEC will provide the regulatory actions needed for the crypto industry.

CoW DAO responded to the incident where "a certain whale lost approximately 50.39 million dollars due to excessive slippage when exchanging aEthAAVE," stating that "no DEX, DEX aggregator, public liquidity pool, or private liquidity pool (or their combination) can execute this transaction at a price close to a reasonable level. However, preventing users from trading would deprive them of their choices and could lead to extremely poor outcomes in certain situations (such as market crashes).Such transactions indicate that the DeFi user experience has not yet reached the level necessary to protect all users. The team is currently exploring how to balance strong security measures with maintaining user autonomy. We will also refund any fees paid to CoW DAO due to this transaction."According to previous news from ChainCatcher, a user lost approximately 50 million dollars in a single transaction due to slippage, and the founder of Aave stated that the interface had issued multiple warnings.

Investment bank TD Cowen stated that the U.S. Congress may be close to passing legislation to permanently prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This move could benefit stablecoin issuers but may also introduce new complexities for cryptocurrency market structure legislation.Last week, U.S. Senator Ted Cruz proposed an amendment in the housing bill "21st Century ROAD to Housing Act," calling for a permanent ban on the Federal Reserve issuing CBDC. The amendment aims to convert the currently effective temporary ban, which lasts until 2030, into a permanent provision. The housing bill is expected to be submitted for a Senate vote as early as this week.Jaret Seiberg, Managing Director of TD Cowen's Washington research department, indicated that the housing bill ultimately submitted for the president's signature is likely to include this ban, and the possibility of a permanent ban is higher than that of a temporary one. Seiberg pointed out that the amendment is primarily aimed at solidifying the current policy stance.The Federal Reserve has repeatedly stated that it will not issue a digital dollar without explicit authorization from Congress. Meanwhile, several U.S. lawmakers have recently co-signed a letter to congressional leadership, urging for a permanent ban on CBDC. Congressman Ralph Norman stated that unlike cash, CBDC could allow the government to track transactions and monitor individual spending behavior, thus a permanent ban is necessary to protect the privacy and freedom of Americans.It is noteworthy that the U.S. House of Representatives passed the "Anti-CBDC Surveillance State Act" last year, which prohibits the Federal Reserve from directly issuing CBDC to individuals. Cruz has also been actively pushing for similar legislation in the Senate.

According to market news, TD Cowen stated that more cryptocurrency companies are expected to obtain such permissions this year, following Kraken's approval for a Federal Reserve master account.Kraken Financial has become the first cryptocurrency company approved to access the Federal Reserve's core payment system, with the Kansas City Fed granting it a one-year "limited purpose" account, subject to undisclosed restrictions based on its business model and risk profile. Kraken qualified for the application due to its possession of a special purpose depository institution license in Wyoming, classified as a "Tier 3" entity by regulators.TD Cowen pointed out that although banking organizations have raised objections and may file lawsuits, banks are powerless to prevent such approvals. The Federal Reserve is expected to limit Kraken's credit services, and it may not be able to earn reserve interest. Other cryptocurrency companies with slower application progress may need to wait for the Federal Reserve to finalize a streamlined review framework.

According to Binance spot market data, the market has experienced significant fluctuations. COW has dropped by 18.95% in 24 hours, while D has also shown a "high to low" state, with a 24-hour decline of 17%.Meanwhile, CTK has reached a new high for the week, with an increase of 17.03%. OM and SXP have shown a "bottoming rebound" state, with increases of 5.1% and 5.94%, respectively. Other tokens such as ENSO, EUL, and HIGH have all reached new lows today.

According to The Block, investment bank TD Cowen stated that filling the Democratic vacancies at the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission could help advance negotiations on the U.S. crypto market structure bill.The investment bank pointed out that the biggest obstacle to the passage of this bill is not its core framework (i.e., whether digital assets should be regulated as securities by the SEC or as commodities by the CFTC), but rather a political dispute surrounding conflict of interest rules.Democrats are pushing for a ban to prevent senior government officials and their families from engaging in specific financial transactions involving digital assets. TD Cowen noted that, given Trump's involvement in the crypto project World Liberty Financial, this proposal would affect Trump and his family. Bloomberg estimated last month that Trump has made about $1.4 billion from his crypto project. The Trump family also holds a 20% stake in the mining company American Bitcoin.According to TD Cowen, it is unlikely that Democrats will abandon this demand, as the party has used Trump's crypto asset holdings as campaign material ahead of the midterm elections. Last month, no Democratic senators voted in favor of a bill in the Senate Agriculture Committee, citing concerns over Trump's crypto project. It remains unclear whether Democrats will support the Senate Banking Committee's bill.TD Cowen stated that Republicans oppose the proposal because they believe Trump would veto any legislation requiring his family to divest their crypto asset holdings. The report added that this disagreement has already caused a political stalemate, even as industry groups continue to negotiate the crypto regulatory framework.One possible path forward is for both parties to reach a compromise. In this scenario, Trump would agree to fill the Democratic vacancies at the SEC and CFTC. In return, Democrats would accept conflict of interest provisions that would only take effect after the next presidential inauguration.

According to Binance spot data, the market has seen several tokens experience a rise and fall. COW has dropped 26.52% in 24 hours, OM has decreased by 8.58%, and SKL has fallen by 10.75%.Among other tokens, QKC has declined by 6.31%, AEVO by 7.87%, TAO by 8.43%, ZRO by 5.13%, POL by 8.06%, and PNUT by 5.63%.

According to market news, the Moscow Exchange in Russia plans to launch a new cryptocurrency index based on the prices of Solana, Ripple, and Tron, along with corresponding futures contracts in 2026.Maria Silkina, head of the exchange's derivatives department, stated that these new contracts will follow the design of the already launched Bitcoin and Ethereum index futures, which use a cash settlement method with monthly expirations. In addition, the exchange is also considering launching perpetual futures for Bitcoin and Ethereum, which will be designed to expire daily and automatically roll over. According to current Russian regulations, these crypto derivatives are currently only available to qualified investors.

According to The Block, investment bank TD Cowen has lowered the one-year price target for Bitcoin reserve company Strategy (formerly MicroStrategy) from $500 to $440, due to ongoing equity and preferred stock issuances leading to a decline in Bitcoin yields.Analysts expect Strategy to acquire approximately 155,000 Bitcoins in fiscal year 2026, a significant increase from the previous estimate of 90,000, but these acquisitions will primarily be financed through common and preferred stock, diluting Bitcoin yields.Despite the lowered price target, analysts remain optimistic about Strategy's value as a Bitcoin investment tool, predicting that the price of Bitcoin will reach approximately $177,000 by December 2026 and about $226,000 by December 2027.

According to Bitcoin Magazine, investment bank TD Cowen expects Congress to pass cryptocurrency market structure legislation by 2026. The CLARITY Act will clarify whether digital assets are regulated by the SEC or the CFTC, and will regulate staking services, cryptocurrency custody, and trading platforms. Senate Democrats have proposed several requirements, including clarifying the legal status of digital assets, establishing a regulatory framework, and preventing illegal financial activities. The bill may also include ethical provisions prohibiting the president and their family from owning cryptocurrency exchanges or issuing tokens. Experts believe that while there is a risk of a delay until the first half of 2027, a compromise is likely to be reached among all parties.

According to The Block, investment bank TD Cowen stated that the U.S. legislative process aimed at establishing clear rules for the cryptocurrency market may take longer than expected, with the passage of related bills potentially delayed until 2027, and actual implementation possibly postponed until 2029.In a report released by TD Cowen on Monday, it was noted that while there is still a path to push the cryptocurrency market structure bill through this year, the political maneuvering in the U.S. Congress increases the likelihood of delays. The agency believes that the Democrats currently lack the motivation to accelerate the legislative process, especially considering their assessment that they may regain control of the House of Representatives in the 2026 midterm elections.It also stated that election outcomes are always filled with uncertainty, so Democrats may reach an agreement, which could happen quickly as staff have been researching technical terms for months. Timing is favorable for the passage of the bill; if the bill is passed in 2027 and takes effect in 2029, then the issues will disappear. The cryptocurrency industry needs to accept that the presidential election may affect the final rules, and Democrats also need to acknowledge that conflict of interest provisions do not apply to Trump.

Recently, the Aave community has erupted in governance controversy, focusing on whether the integration of CoW Swap has caused protocol revenue to flow to Aave Labs instead of Aave DAO. A representative named "EzR3aL" posted on the governance forum, stating that their on-chain analysis shows that transaction fees generated through the new CoW Swap interface are no longer flowing into the DAO treasury but are instead directed to an independent address, estimated to be worth about $200,000 per week.Marc Zeller, head of the Aave Chan Initiative, described the situation as "extremely concerning," accusing it of being a "secret privatization of about 10% of Aave DAO's potential revenue." The controversy has also extended to the revenue distribution issues related to Aave Vaults, Horizon, and the Aave v4 liquidation engine. Aave founder Stani Kulechov responded by stating that Aave Labs has the right to monetize the front-end interface it developed, especially features beyond the protocol's functionality, and emphasized that its goal is to increase protocol users and revenue through new features.

According to Cryptopolitan, Russia's largest securities market—Moscow Exchange (MOEX)—has announced that in November, the trading volume of cryptocurrency futures on the platform reached 48.7 billion rubles (approximately 636 million USD), setting a new historical high.The exchange explained that the high volatility of the crypto market has sparked strong interest among qualified investors in Russia. The Moscow Exchange also stated that as of the end of last month, the total trading volume of its derivatives market reached 11.7 trillion rubles, an increase of 15.8% compared to November 2024. The open interest in its exchange-traded derivatives market exceeded 2.7 trillion rubles, a 22.7% increase year-on-year. More than 135,000 clients are trading futures and options on the exchange, with individual investors accounting for nearly 55% of the total trading volume of exchange-traded derivatives.