Drift Protocol Hacked for $270M, Bitcoin Ends Losing Streak, France Launches On-Chain IPO
Here’s a look at what happened in the crypto market this week. While last week focused on big investors and global events, this week was dominated by a major security breach in the DeFi space, Bitcoin showing positive momentum on its monthly chart, progress towards clear rules for stablecoins, and a significant development for digital securities in France.







![The complex-valued trajectory of [latex]s + s_{+}\[/latex] reveals the parameter-dependent thresholds for partonic and hadronic transitions-specifically, [latex]s_{\text{th}} = 4m_{c}^{2}[/latex] and [latex]s_{\text{th}} = 4M_{D}^{2}[/latex]-with physical crossing points occurring at [latex]\xi = 1[/latex] for [latex]b \to s[/latex] ([latex]m_{1} = m_{c} + m_{s}[/latex]), [latex]\xi = 2.04[/latex] for [latex]B \to K[/latex] ([latex]m_{1} = M_{D^{<i>}}\_{s}[/latex]), and [latex]\xi = \{3.69, 8.62\}[/latex] for [latex]B \to K^{</i>}\[/latex] ([latex]m_{1} = \{M_{D^{*}}\_{s}, M_{D\_{s}}\}[/latex]), as determined by analysis utilizing mass values from Navaset al. (2024).](https://arxiv.org/html/2604.01284v1/x14.png)
