**Trending News Today**
**Solana (SOL) Under Scrutiny**: The network is currently facing fallout from a more than $280 million exploit linked to the Drift protocol. This incident stands out from typical smart contract breaches due to its roots in social engineering, which granted unauthorized administrative access.
**Institutional Earnings Alert**: Goldman Sachs is set to announce its Q1 earnings today, April 13, offering essential insights into the increasing involvement of Wall Street in the crypto sector.
**New Token Launch**: The Genius Foundation (GENIUS) token is making its trading debut today on Binance Alpha, and a community airdrop will accompany the launch.
**Regulatory Developments**:
- **U.S. Clarity Act**: The Senate Banking Committee convenes today to continue evaluating this pivotal bill that could impose a ban on passive yield for stablecoins.
- **Russia**: A sweeping ban on crypto-to-cash exchanges has been officially enacted.
- **Argentina**: Recent regulations now permit "virtual assets" to fulfill the requirements for qualified investor status.
**Top Gaining & Trending Coins**
**Enjin Coin (ENJ)**: This coin is dominating the market with an impressive 98.5% rise over the past week.
**World Liberty Financial (WLFI)**: Surging upward after its co-founder addressed project misunderstandings on social media platforms.
**BlockchainFX (BFX)**: Attracting considerable interest as its $15 million presale approaches completion.