Bitcoin Moves to Chainlink Amid DeFi Fears
@Kraken is migrating its wrapped Bitcoin (kBTC) to Chainlink’s CCIP for enhanced security as bridge fears rise in DeFi, impacting the infrastructure of exchange-issued Bitcoin assets. #Update #Crypto $BTC
Defi
Aave Revamps Standards After $230M Exploit
@Aave is overhauling its asset listing standards after a $230M exploit linked to KelpDAO’s rsETH bridge, emphasizing the need to assess bridge and operational risks. #Update #DeFi $ETH
Celsius CEO Seeks Sentence Vacate After Lawyers Withdraw
Alex Mashinsky, former CEO of @CelsiusNetwork, files a motion to vacate his 12-year fraud sentence in New York, claiming ineffective counsel. #Update #Legal $CEL
Ethereum Leaders Challenge DeFi Safety Concerns
Openzeppelin founder Manuel Aráoz’s DeFi security warnings spark debate; 0G Labs CEO Heinrich counters with a 98% improvement in lending safety since 2020. #Update #Crypto
DeFi Expands Hyperliquid Set to Dominate
@Hyperliquid is gaining traction as a decentralized trading platform, processing $2.9 trillion in perpetual futures volume in 2025, with ambitions extending into tokenized assets and prediction markets. #Update #Crypto $HYPE
AI Hackers Keep Banks Off Blockchain
@CertiK’s CEO Ronghui Gu warns that traditional financial institutions hesitate to move trillions onchain due to rising AI-driven hacks, with April seeing daily exploits, including a $600M loss from North Korean attacks. #Update #Crypto $BTC $ETH
Ethereum Targets $40K on DeFi Surge
Standard Chartered reaffirms $ETH’s $4,000 year-end target, citing DeFi dominance despite current underperformance. Ethereum trades at $2,000, down 60% from August peak. #Update #Crypto $ETH
Ethereum Author Declares Institutions Can’t Win DeFi
@Brickken co-founder Dario Lo Buglio highlights that existing DeFi frameworks aren’t suited for regulated assets, stressing the need for standards like ERC-7943 to enhance interoperability. #Update #Crypto $ETH
Tokenized Fund Launches on Euler for Wall Street
@Securitize’s tokenized Treasury fund by @VanEck is now live on Euler, allowing $15B in tokenized U.S. Treasuries to be used as collateral, reflecting DeFi’s shift towards institutional finance. #Update #Crypto $USDC
Ethereum Overtaken Hyperliquid Reaches New ATH
Hyperliquid ($HYPE) enters the top 10 cryptocurrencies by market cap as its price surges past $60, reflecting increased trading activity and interest in DeFi. #Update #Crypto $HYPE
DeFi Security Crumbles as AI Hacking Surges
OpenZeppelin CEO Manuel Araoz warns that all of DeFi is unsafe due to AI’s ability to exploit vulnerabilities, as over $1.1 billion has been lost to hacks this year. #Update #Crypto
Bitcoin Collateral Vote: Aave DAO Decides
Babylon Labs proposed Aave DAO accept native BTC as collateral via Trustless Bitcoin Vaults on Aave V4, potentially boosting $5B WBTC demand. #Update #DeFi $BTC
Wintermute Launches $10B DeFi Lending Network
Wintermute launches Armitage on Morpho with two USDC vaults, enhancing DeFi lending with institutional risk management and liquidity. Plans include cross-chain expansion. #Update #DeFi
DeFi Faces Risks Amid Clarity Act Deal
The crypto market structure bill is facing concerns as last-minute negotiations aim to secure bipartisan support, potentially impacting decentralized finance (DeFi) regulations. #Update #Crypto