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Circle chief economist floats higher USDC rates on Aave amid KelpDAO fallout
Circle Chief Economist Gordon Liao proposed raising USDC borrowing rates on Aave to ease post-KelpDAO liquidity strains.
Will new Apple CEO combat fake crypto apps littering the “walled garden” App Store?
Apple is heading into its biggest leadership transition in years, just as scrutiny is mounting over the security of i…
a16z crypto-backed Gensyn launches Delphi, an AI-settled information markets platform
"A creator earns 1.5% of all of the volume in the market as a fee when the market successfully settles," said Gensyn'…
Coinbase-incubated Base launches Azul testnet upgrade with multiproofs to advance decentralization
Base rolled out its Azul upgrade on testnet, introducing multiproofs as the Coinbase-incubated Ethereum L2 eyes Stage…
Sui-based Volo Protocol exploited; team pledges to absorb losses
Sui-based liquid staking platform Volo reported that it was exploited for roughly $3.5 million from its WBTC, XAUm, a…
North Korea hit crypto for $500M+ this month — and the $6.75 billion threat is not over yet
In just under three weeks, cyber operatives linked to the Democratic People’s Republic of Korea (DPRK) have stolen …
‘Are we an industry of clowns?’: DeFi grapples with security tradeoffs after $292M Kelp DAO fallout
Aftermath conditions from Kelp DAO’s exploit has opened a broader debate over DeFi’s security model, after billio…
Kelp DAO exploiter begins moving stolen funds across chains after Arbitrum ETH freeze
Wallets tied to the approximate $292 million Kelp DAO exploit have begun moving funds across chains following Arbitru…
Arbitrum freezes $71 million worth of ETH stolen in Kelp DAO exploit
The Arbitrum Security Council said the frozen funds will only be moved by further action through Arbitrum governance.
Coinbase-incubated x402 protocol unveils app-store for AI bots
X402 creator Erik Reppel noted agentic commerce is already reshaping activation costs with bots accessing services on…
Six years after “DeFi Summer” is the sun already setting on the decentralized finance revolution?
KelpDAO's $292 million rsETH exploit landed at the wrong moment for DeFi. Roughly $10 billion left the sector over t…
Coinbase expands USDC borrowing to UK, allowing loans against bitcoin, ether
Coinbase's facility allows UK users to borrow up to $5 million in USDC against bitcoin, ether, and cbETH via Morpho o…
DeFi users pull $10 billion out of the market as $292 million exploit sparks bank-run optics
A $292 million exploit at KelpDAO set off a broad retreat across decentralized finance over the weekend, draining rou…
LayerZero says North Korea’s Lazarus likely behind Kelp DAO exploit; blames single-point setup
The entire total value locked in the DeFi sector fell 7% in the past 24 hours to $86 billion, according to DefiLlama …
Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp's emergency pauser multisig froze the protocol's core contracts roughly 46 minutes after the successful drain, b…
Circle hit with class action lawsuit over alleged inaction in $280 million Drift exploit
The lawsuit, filed by law firm Gibbs Mura, alleged that Circle failed to act swiftly to freeze the stolen USDC tied t…
Russia-linked Grinex exchange suspends operations after $15 million hack, blames ‘hostile states’
Liquidity and users of the sanctioned Garantex exchange have flowed into Grinex over the past year, Elliptic claims.
Polkadot-based Hyperbridge revises exploit losses to $2.5 million, ten times initial estimate
Hyperbridge has raised its loss estimate from $237,000 to $2.5 million after a Token Gateway exploit, with some funds…
DoubleZero rolls out Edge, a low-latency onchain data delivery service on its global fiber DePIN infrastructure
Edge is a permissionless platform delivering ultra-fast onchain market data over DoubleZero's global fiber network.
Tether backs Stablecoin Development Corporation’s $134 million private placement used to acquire SKY tokens
The Stablecoin Development Corporation is a publicly-traded holding company with an approximately 2.15 billion SKY to…
OP Mainnet records ‘largest TVL event’ in its history as crypto card provider Etherfi goes live
Crypto credit cards see roughly 100,000 average daily transactions, with Etherfi accounting for about a third of that…
Ether.fi commits $3 billion in ETH as ‘validator liquidity’ to ETHGas over three years
ETHGas is a marketplace for Ethereum blockspace futures that allows blockspace to be bought and sold in advance for g…
Kraken security chief says exchange won’t negotiate as it faces extortion threat
The attackers obtained videos showing Kraken support staff accessing internal client support systems and limited clie…
Polkadot Hyperbridge April Fools’ joke comes true as over 1 Billion fake DOT tokens were minted on Ethereum
Hyperbridge, a decentralized bridge connecting the Polkadot ecosystem to the Ethereum network, suffered a major secur…
StarkWare cuts staff, reorganizes into two units as it targets revenue
StarkWare is cutting staff and restructuring under two units as CEO Eli Ben-Sasson says the firm is "simply too big" …
Attacker exploits Polkadot-based Hyperbridge to mint 1 billion bridged DOT, nets $237K
Upbit and Bithumb have since temporarily suspended deposits and withdrawals of Polkadot's DOT, citing signs of a secu…
FBI says crypto-related fraud losses hit record $11.4 billion in 2025, with seniors bearing the brunt
Americans 60 and older accounted for $4.4 billion of those crypto losses across 44,555 complaints, nearly double the …
World Liberty defends borrowing position on Dolomite, dismisses liquidation concerns as ‘FUD’
The project said it did supply WLFI as collateral and borrowed stablecoins, but it is 'nowhere near liquidation.'
US Secret Service freezes $12 million in crypto tied to global fraud in Operation Atlantic
Authorities disrupted more than 120 cryptocurrency fraud domains, cutting off key infrastructure used to target victims.
ZachXBT uncovers North Korea-linked IT worker network generating $1M monthly via crypto payment flows
ZachXBT said a 390-account North Korean IT worker network has generated over $3.5 million in crypto flows since Novem…