Aave's TVL tanks $8B a day after $293M Kelp DAO hack

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.

A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks' market share.

Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn.

The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.

Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.

Alcoa is nearing a deal to sell its idle upstate New York Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.

RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.

Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings.

A federal judge has tossed a class lawsuit over Caitlyn Jennerโs memecoin, saying it did not plausibly allege that the token was an unregistered security.

SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he โmay have been deliberately tryingโ to mislead Congress about the agencyโs enforcement activity.

The attack triggered a "cross-protocol contagion" that has hit at least nine crypto protocols, blockchain security firm Cyvers said.

SOLโs steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

The average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz.

The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far.

Polandโs parliament has once again failed to overturn President Karol Nawrockiโs veto of the crypto regulation bill.

Stablecoins promise seamless dollar movement, but fragmented liquidity is turning large transfers into complex execution problems, says Eco CEO Ryne Saxe.

Spot Bitcoin ETFs recorded nearly $1 billion in weekly inflows, their strongest performance in over three months amid improving risk sentiment.

The SEC has sued crypto executive Donald Basile over an alleged $16 million scheme involving false claims about an โinsuredโ Bitcoin Latinum token.

The USDC Bridge adds to Circle's Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.

Canadians using Xโs Cashtags feature are directed to online brokerage Wealthsimple, but there is not yet an equivalent for US users.

Most of the integrations are aimed at fighting deepfakes as the rise of AI-generated content makes it increasingly difficult to distinguish humans from AI.

Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time.

Traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%.

A letter from US Senator Richard Blumenthal said he was concerned about โmounting allegations of dangerously lax anti-money laundering prevention by Binance.โ

A confirmed cup-and-handle breakout on Etherโs chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.

Nearly a billion dollars in leveraged crypto positions were liquidated in the past 24 hours as the Bitcoin price rallied above $78,000.

Payward, the parent company of the Kraken crypto exchange, cited Bitnomial's regulatory licenses as the primary driver for the acquisition.

Bitcoin pole vaulted to $78,000 and altcoins soared after Iran said that the Strait of Hormuz was fully open. Will bulls be able to sustain the upward momentum?

The Bahrain-based lender lets institutional clients convert fiat currency to US dollar-pegged stablecoins directly from their accounts.

The country's finance minister supported the Qivalis initiative, launched in 2025, to create a euro-pegged stablecoin under the MiCA framework.

Bitcoin price rallied above $77,000 amid cooling geopolitical tensions and record-high back-to-back closes for the S&P 500.

Neoโs proposed overhaul would restructure its foundation, return tokens to the community and impose formal oversight, as co-founders clash over governance and control.

Notable crypto execs descended on Paris Blockchain Week, bringing more attention to personal security as kidnapping and ransom attempts skyrocket.

Bitcoin surged above $77,000 as oil futures fell 10% after Iranโs foreign minister declared the Strait of Hormuz open for the remainder of the ceasefire between the US, Israel and Iran.

Telegram CEO Pavel Durov cited claims the EUโs new age-check app was hacked in minutes, warning it could expand into wider online identity controls.

The crypto infrastructure company said its new wallet lets users buy, sell, swap and cash out digital assets in one app without relying on outside providers.

Bloomberg reported Flow Capital plans to tokenize its private credit fund to raise additional capital, but crypto execs warn tokenization doesnโt magically make hard-to-trade assets liquid.

Tempoโs new โZonesโ feature offers private, permissioned stablecoin transactions on its layer-1 for enterprises, but critics warn the operatorโcontrolled design adds back centralized trust.

Foundation is shutting down after a failed sale to Blackdove, having processed about $230 million in NFT primary sales since its launch in 2021.

Industry speakers at Paris Blockchain Week said tokenization can broaden access and issuance, but it does not by itself create active secondary markets for illiquid assets.

Meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out to be fictional.

March was the โweakest month" with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023.

The researcher said they examined the fake Ledger deviceโs firmware and found signs pointing to a Chinese semiconductor company named Espressif Systems.

The Ketman Project, funded by an Ethereum Foundation stipend, identified 100 North Korean IT workers and alerted about 53 projects employing DPRK operatives.

Rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days.

Zanzibar police are reportedly holding Asymmetric founder Joe McCann for questioning after the death of his fiancรฉe, Ashly Robinson.

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